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Business Developments & Projects

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Illustration; Source: Samsung Heavy Industries
Business Developments & Projects

Samsung Heavy settles Brazil corruption investigation for $149 million

South Korean shipbuilder Samsung Heavy Industries has agreed to pay a settlement in a leniency deal with authorities of Brazil to settle a corruption investigation.

about 5 years ago
EnerMech
Business Developments & Projects

EnerMech eyes Mozambique expansion ‘as local activity ramps up’

EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up.

about 5 years ago
An image showing an offshore substation at an offshore wind farm
Business Developments & Projects

Rosetti Marino cuts first steel for Fécamp OWF offshore substation jacket

Rosetti Marino has cut the first steel for the jacket foundation that will support the offshore substation (OSS) at the Fécamp offshore wind farm in France. The Italian company is building the jacket at its Piomboni Yard in Ravenna, under a contract with Chantiers de l’Atlantique, which won a contra

about 5 years ago
Photo of ORPC's RivGen sub-components (pontoons and chassis) prepare to depart Downeast Machine & Engineering in Maine (Courtesy of ORPC)
Business Developments & Projects

Second RivGen shaping up for Alaska deployment

Ocean Renewable Power Company (ORPC) has reached the final stages of component fabrication for the second RivGen device ahead of deployment in Kvichak River planned for summer 2021 in Alaska.

about 5 years ago
Rem Arctic vessel - Rem Offshore
Business Developments & Projects

Vår Energi hires Rem Offshore vessel

Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi.

about 5 years ago
Offshore wind to power Europe's largest power-to-x plant
Business Developments & Projects

Offshore wind to power Europe’s largest power-to-x plant

Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the plant will be Europe’s largest production facility of CO2-free green ammonia, CIP s

about 5 years ago
HydroSurv USV
Business Developments & Projects

HydroSurv and Sonardyne team up on offshore wind survey ops

Uncrewed surface vehicle (USV) specialist HydroSurv is joining forces with marine technology firm Sonardyne to develop and demonstrate transformative seabed-to-shore sensing and data acquisition technologies for offshore operations. Through a collaborative project, part-funded by Innovate UK through

about 5 years ago
DEME to handle XXL foundations at Arcadis Ost 1 offshore wind farm
Business Developments & Projects

DEME to handle XXL foundations at Arcadis Ost 1 offshore wind farm

Parkwind has awarded DEME Offshore with an Engineering, Procurement, Construction and Installation (EPCI) contract for the foundations at the Arcadis Ost 1 offshore wind farm in the German Baltic Sea. The next-generation XXL monopiles will be the largest-ever installed in Europe with a weight of aro

about 5 years ago
Blue-Gem-Submits-Scoping-Report-for-Second-Celtic-Sea-Floater
Business Developments & Projects

Blue Gem submits scoping report for second Celtic Sea floater

Blue Gem Wind, the joint venture of Total and Simply Blue Energy, has submitted the scoping report for the Valorous floating offshore wind project in the Celtic Sea. The proposed Valorous site is located approximately 50 km South West of the Pembrokeshire coastline. Valorous represents the second fl

about 5 years ago
Illustration for CorPower Ocean wave energy array (Courtesy of CorPower Ocean)
Business Developments & Projects

CorPower Ocean scores €9 million for HiWave-5 commercial-scale demo

Swedish company CorPower Ocean has secured a private investment of €9 million, bringing total equity funding to support the demonstration of its first commercial-scale wave energy device in the flagship​ HiWave-5 project to over €20 million. The investment round was led by Midroc New Technology and

about 5 years ago
GasLog agrees merger with BlackRock
Business Developments & Projects

GasLog agrees merger with BlackRock

Piraeus-based LNG shipper GasLog has signed a deal and plan of merger with BlackRock Global Energy & Power infrastructure.

about 5 years ago
Transocean Spitsbergen drilling rig
Business Developments & Projects

Transocean bleeds red ink in fourth quarter

Transocean sank to a net loss in the last quarter of 2020 compared to the prior quarter but managed to reduce its losses in the y-o-y comparison.

about 5 years ago
CS Wind UK tower manufacturing facility
Business Developments & Projects

UK to fund offshore wind manufacturing in disadvantaged regions

The UK Department for Business, Energy and Industrial Strategy (BEIS) has launched an Offshore Wind Investment Programme to support the delivery of manufacturing investment in the offshore wind supply chain in disadvantaged or deprived regions in the UK. UK-registered businesses can apply until 11:5

about 5 years ago
HEH LNG terminal project wraps up the open season
Business Developments & Projects

HEH LNG terminal project wraps up the open season

Hanseatic Energy Hub (HEH) concluded its extended non-binding phase of the open season for the LNG terminal in Stade, Germany.

about 5 years ago
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