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Business Developments & Projects

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Ocean Cleanup
Business Developments & Projects

The Ocean Cleanup, Konecranes team up on series production of river plastic extractor

The Ocean Cleanup and Konecranes have partnered up to design, manufacture, and service The Ocean Cleanup’s Interceptor, which will be extracting plastic from rivers before entering the ocean.

about 5 years ago
Borkum Riffgrund 2
Business Developments & Projects

Amazon and Ørsted Sign Largest Offshore Wind Corporate Power Purchase Agreement in Europe

Amazon has signed a ten-year corporate power purchase agreement with Ørsted to offtake the output of 250 MW from Ørsted’s planned 900 MW Borkum Riffgrund 3 offshore wind farm in Germany. This CPPA will contribute to Amazon’s target of being 100 per cent renewable by 2030 as part of the company’s goa

about 5 years ago
FPSO CLOV; Source: Total Norco
Business Developments & Projects

Total hires Norco for work on four FPSOs off Angola

Angolan arm of French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for work on several floating production, storage, and offloading facilities (FPSOs).

about 5 years ago
oil barrels
Business Developments & Projects

The world to run out of oil supply to meet demand unless exploration speeds up, Rystad reports

The world is on track to run out of sufficient oil supplies to meet its needs through 2050 unless exploration speeds up, Rystad Energy reveals.

about 5 years ago
Oshima Shipbuilding
Business Developments & Projects

Japanese shipbuilders to combine expertise in building greener vessels

Leading Japanese shipbuilders are joining forces in an initiative aimed at integrating accumulated expertise to design and build state-of-the-art ships compliant with the ever more stringent environmental regulations. The organization, named Planning and Design Center for Greener Ships, includes nin

about 5 years ago
An image of the offshore wind vessel design developed by Havfram and Vard
Business Developments & Projects

Ocean Installer focuses on offshore wind, renames to Havfram

Norway-headquartered Ocean Installer has changed its name to Havfram, saying that the move reflects the company’s increased commitment to offshore wind. “The solid revenues derived from our oil and gas projects, as well as our broad project and engineering expertise, are now being utilised to create

about 5 years ago
A photo of Eco Wave Power's Gibraltar wave energy plant (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power enters Australian wave energy market

Swedish company Eco Wave Power has signed a collaboration agreement with Meridian Energy Australia to investigate the development of commercial wave energy projects in Australia.

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

Shell executives quit over green transition disagreements

Several clean energy executives have left from oil major Shell over a disagreement on how far and fast the company should move towards greener energy.

about 5 years ago
Stena IceMAX drillship - Bahamas Petroleum Company
Business Developments & Projects

BPC faces disruption by environmental activists over Bahamas well

Environmental activists have raised concerns with a Bahamas court related to Bahamas Petroleum Company’s plans to drill the Perseverance #1 offshore well.

about 5 years ago
shore power
Business Developments & Projects

Port of Kiel opens new shore power facility at Ostseekai

Germany’s Port of Kiel has inaugurated the new shore power facility in an effort to reduce hundreds of tons of CO2 emissions and become one of the greenest ports in Europe.

about 5 years ago
Total closes ECA LNG stake acquisition
Business Developments & Projects

Total closes ECA LNG stake acquisition

French major Total has confirmed its participation in the ECA LNG Phase 1 export project in Baja California, Mexico.

about 5 years ago
Namibian coast - Kosmos
Business Developments & Projects

Kosmos closes farm down of exploration assets to Shell

Kosmos Energy has closed the transaction with Shell to farm down interests in Suriname, Sao Tome & Principe, and Namibia.

about 5 years ago
Maersk Viking drillship - Maersk Drilling
Business Developments & Projects

New CFO to join Maersk Drilling in early 2021

Maersk Drilling has appointed a new Chief Financial Officer as its current CFO is planning to leave the company early next year

about 5 years ago
A photo of Andrew Scott, CEO of Orbital Marine Power (Courtesy of Orbital Marine Power)
Business Developments & Projects

Orbital Marine Power exceeds crowdfunding target in first week

Scottish developer of floating tidal technology Orbital Marine Power has exceeded the £1 million crowdfunding target in less than a week after the campaign was launched on Crowdcube platform.

about 5 years ago
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