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Business Developments & Projects

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Offshore WindWind FarmsOperations & MaintenanceTechnologyFossil EnergyOil & GasBusiness & FinanceProject & TendersVesselsMarine EnergyTidal & Wave EnergyAuthorities & GovernmentCollaborationInnovationOutlook & StrategyResearch & DevelopmentFPSO & VesselsEquipmentInfrastructureRigsExploration & ProductionClean FuelLNGGreen MarineRegulation & PolicyRules & Regulation
Wikinger offshore wind farm, aerial view with one turbine close up
Business Developments & Projects

Ramboll tests digital twin tech at Wikinger OWF

Ramboll has completed a pilot test of its True Digital Twin technology at Iberdrola’s 350 MW Wikinger offshore wind farm in the German sector of the Baltic Sea. The results of the pilot test, carried out as part of the EU Horizon 2020’s ROMEO project, have been summarised in two reports, according t

about 5 years ago
Safe Concordia - Prosafe
Business Developments & Projects

Prosafe finds new job for Safe Concordia unit

Offshore accommodation rigs provider Prosafe has won a contract for one of its units for operations offshore Trinidad and Tobago.

about 5 years ago
Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Business Developments & Projects

Ocean energy gets €5 million EU boost for hybrid testing platform

European Union’s Horizon 2020 program has awarded €5 million to VALID project for the development of a Hybrid Testing Platform that will accelerate the testing of marine energy devices in Europe’s race towards carbon neutrality.

about 5 years ago
One of GMS-owned vessels
Business Developments & Projects

GMS gets breathing space from banks

Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt structure with its banks.

about 5 years ago
Rendering of the Sangomar Field Development FPSO (Image courtesy of SOFEC)
Business Developments & Projects

SOFEC cuts first steel for Sangomar FPSO turret system

Mooring systems provider SOFEC has cut first steel for the turret mooring system being built for the FPSO set for the Sangomar field offshore Senegal.

about 5 years ago
West Bollsta; Source: Semco Maritime Lundin
Business Developments & Projects

Lundin picks up drilling permit for North Sea well

Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.

about 5 years ago
Petronas
Business Developments & Projects

Petronas firms up contract award for mobile offshore production unit

Tanjung Offshore Services has won a contract from Petronas Carigali for the Bayan Redevelopment Project Gas Phase 2 in Sarawak, Malaysia.

about 5 years ago
Afungi expansion camp
Business Developments & Projects

Total reduces Mozambique LNG staff due to insurgents attacks

French major Total has requested a portion of its staff working at its $20 billion Mozambique LNG project to vacate the site due to attacks being staged closer.

about 5 years ago
Navios
Business Developments & Projects

Navios Partners inks deal to acquire Navios Containers

Dry cargo vessel owner and operator Navios Maritime Partners has entered into a definitive merger agreement to acquire container shipping company Navios Maritime Containers.

about 5 years ago
SeaRose FPSO; Source: Husky Energy Cenovus
Business Developments & Projects

Cenovus completes merger with Husky Energy

Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating Canada’s third-largest oil and gas player.

about 5 years ago
SeaRose FPSO - Suncor
Business Developments & Projects

Suncor to book $425 million impairment on White Rose assets

Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.

about 5 years ago
Darwin LNG plant
Business Developments & Projects

Santos makes Bayu-Undan infill FID

The Australian energy company, Santos, operator of the Bayu-Undan joint venture, has made the final investment decision for the Bayu-Undan infill program.

about 5 years ago
Illustration; Source: McDermott
Business Developments & Projects

McDermott completes raising $560M in new funds

U.S. offshore engineering and construction services provider McDermott has completed the raising of around $560 million in new capital.

about 5 years ago
Liberator field - i3 Energy
Business Developments & Projects

i3 Energy abandons ‘sub-commercial’ Liberator licence

i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.

about 5 years ago
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