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Business Developments & Projects

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Proteus Marine Renewables' worker
Business Developments & Projects

Normandie Hydroliennes launches crowdfunding for Raz Blanchard pilot tidal farm

Tidal energy developer Normandie Hydroliennes has initiated a crowdfunding campaign on the WiSEED platform to support the development of its 12 MW tidal turbine pilot farm in the Raz Blanchard, located near Cherbourg, France. Scheduled for commissioning in 2028, the project marks an important miles

about 1 year ago
ADNOC
Business Developments & Projects

ADNOC receives European Commission’s stamp of approval in Navig8 acquisition

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The European Commission has approved the acquisition of sole control of Navig8 Topco Holdings by Abu Dhabi Marine Business and Services Company (ADNOC) and the restructuring of ownership for the former’s subsidiary, Integr8 Fuels Holding, granting joint control of it to ADNOC and Navig8 Limited. As

about 1 year ago
Greek duo to test hydrogen transport through high-pressure offshore pipelines
Business Developments & Projects

Greek duo to test hydrogen transport through high-pressure offshore pipelines

Corinth Pipeworks partnered with IGI Poseidon to assess the transportation of hydrogen through high-pressure offshore pipelines.

about 1 year ago
Norwegian cleantech company TECO 2030 files for bankruptcy
Business Developments & Projects

Norwegian cleantech company TECO 2030 files for bankruptcy

Norway-based cleantech company TECO 2030, known for the development of hydrogen fuel cells, has filed for bankruptcy.

about 1 year ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Aker BP bites the dust in North Sea well

Aker BP has found no hydrocarbons at a well in the North Sea off the coast of Norway. One of Odfjell Drilling’s semi-submersible rigs was in charge of drilling operations.

about 1 year ago
New H2Med Corridor alliance to advance European hydrogen single market
Business Developments & Projects

New H2Med Corridor alliance to advance European hydrogen single market

Companies from France, Germany, Portugal and Spain have created an alliance for the H2Med Southwestern Hydrogen Corridor to advance the European hydrogen single market by connecting hydrogen production, storage and consumption projects.

about 1 year ago
Steel cut for Donsötank’s second LNG dual-fuel tanker
Business Developments & Projects

Steel cut for Donsötank’s second LNG dual-fuel tanker

Swedish tanker shipping company Donsötank has marked the beginning of the construction of its second LNG dual-fuel chemical tanker at Wuhu Shipyard in China.

about 1 year ago
Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman
Business Developments & Projects

Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman

Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, and thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, have signed a memorandum of understanding (MoU) to work together in supporting the growing green hydrogen sector in Oman, with

about 1 year ago
Subsea7 orders steel pipes from Greek company for two North Sea projects
Business Developments & Projects

Subsea7 orders steel pipes from Greek company for two North Sea projects

Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un

about 1 year ago
Orsted Hornsea 3
Business Developments & Projects

JDR Cable Systems hired by Ørsted for 2.9 GW offshore wind farm

Ørsted has awarded several contracts totaling between £75 million and £100 million to companies in the north of England to provide components for the 2.9 GW Hornsea 3 offshore wind farm. JDR Cable Systems, Severfield, and Smulders, all based in the north of England, will produce integral components

about 1 year ago
ADNOC
Business Developments & Projects

Maritime, clean fuel projects in the spotlight of EU’s STEP initiative

Several maritime and alternative fuels projects are among initiatives that have been awarded the Strategic Technology Platform for Europe (STEP) label in a new initiative of the European Commission to boost investment in critical technologies in Europe and support the local industry.

about 1 year ago
Energy industry needs to activate to improve North Sea seabed security, OEEC panel says
Business Developments & Projects

‘Blind underwater’: Energy industry needed to improve North Sea seabed security, OEEC panel says

Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs

about 1 year ago
Serica's Bruce, Keith, and Rhum (BKR) facilities; Source: Serica
Business Developments & Projects

Serica Energy makes a play for UK oil & gas firm to expand its portfolio

Serica Energy has set the wheels in motion to bring two additional licenses on the UK Continental Shelf (UKCS) under its fold by acquiring a compatriot player, Parkmead (E&P) Limited (PUK) from Parkmead Group.

about 1 year ago
'Sizeable' subsea tieback development job lands on Subsea7's desk
Business Developments & Projects

Subsea7 secures multi-million subsea tieback project in US Gulf of Mexico

Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr

about 1 year ago