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Business Developments & Projects

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Céline Place, Ambassador of France in Ireland visiting the Celtic Interconnector project in Cork; Pictured L-R: Ed Raffle, Celtic Interconnector team, Pádraig Slyne, EirGrid, Josselin Le Gall, Allianc
Business Developments & Projects

Ireland’s first energy link to EU shaping up with ‘steady progress’ on cable routes for French interconnection

A one-year construction milestone has been reached at a subsea cable interconnection project between Ireland and France, known as Celtic Interconnector, only two years since the engineering, procurement, and construction (EPC) contracts were signed in Paris.

about 1 year ago
Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy.
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Business Developments & Projects

Wave energy added to wind and solar mix to power floating green ammonia project

Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy. The project, backed by Norway-based BW Offshore and Dutch Oceans Capital, aims to combine wind, solar, and w

about 1 year ago
An offshore platform with a large vessel surrounded by several smaller vessels next to it
Business Developments & Projects

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago
Forging ahead with fleet renewal, Maersk books 20 new dual-fuel ships
Business Developments & Projects

Forging ahead with fleet renewal, Maersk books 20 new dual-fuel ships

Maersk has concluded agreements with three shipyards for the construction of 20 container vessels equipped with dual-fuel engines, rounding off the newbuilding orders revealed in August 2024.

about 1 year ago
Scandlines links up with Caterpillar to explore use of e-methanol on hybrid ferries
Business Developments & Projects

Scandlines links up with Caterpillar to explore use of e-methanol on hybrid ferries

Pursuing the goal of zero direct emissions by 2040, Scandlines signed an MoU with Caterpillar Motoren to investigate the use of e-methanol on MaK-powered ferries.

about 1 year ago
Base Materials has secured DNV type approval for its Subtec 11500 syntactic buoyancy material, enabling its use in subsea applications down to 11,500 meters.
Business Developments & Projects

UK firm achieves DNV type approval for subsea syntactic buoyancy offering

UK-based syntactic materials company Base Materials has secured DNV type approval for its syntactic buoyancy material, enabling its use in subsea applications down to 11,500 meters. According to Base Materials, the company became the first in the sector to secure DNV approval of manufacture (AoM) fo

about 1 year ago
Noble Invincible; Source: Noble Corporation
Business Developments & Projects

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago
Courtesy of Hellenic Cables
Business Developments & Projects

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago
Glomar Wave vessel; Source: Helix
Business Developments & Projects

Helix picks up work on Britain’s giant subsea electricity superhighway

Helix has landed an unexploded ordnance (UXO) target investigation services assignment for a high voltage direct current (HVDC) cable connection in the UK.

about 1 year ago
OSCV Siem Spearfish; Source: Sea1 Offshore
Business Developments & Projects

Sea1 Offshore’s subsea vessel staying longer with PXGeo

Sea1 Offshore has secured further work for one of its offshore subsea construction vessels (OSCV), thanks to a contract extension from PXGeo.

about 1 year ago
Cable storage baskets; Source: Briggs Marine
Business Developments & Projects

UK firm wins construction deal for subsea cable storage baskets

Global Energy Group has secured a new fabrication contract for the two subsea cable storage baskets with Briggs Marine, a provider of marine and environmental services.

about 1 year ago
Yme Inspirer rig; Source: Repsol Norge
Business Developments & Projects

Rex’s Lime boosts its stake in Repsol’s North Sea oil field

Lime Petroleum has increased its interest in an oil field operated by Repsol in the North Sea off the coast of Norway.

about 1 year ago
Courtesy of KCA Deutag
Business Developments & Projects

KCA Deutag gives Axess more work on nine platforms offshore Norway

KCA Deutag has prolonged and extended an assignment across multiple platforms on the Norwegian Continental Shelf (NCS), which is being undertaken by Axess Group, owned by Axio (72%), Salvesen & Thams Invest (18%), and Axess Mipco (10%).

about 1 year ago
Miros has introduced PredictifAI, its latest wave and vessel motion prediction technology, at the Offshore Energy Exhibition & Conference (OEEC) 2024.
Business Developments & Projects

New AI-driven wave prediction tech from Miros debuts at OEEC 2024

Norway-based ocean insights provider Miros Group has introduced PredictifAI, its latest wave and vessel motion prediction technology, at the Offshore Energy Exhibition & Conference (OEEC) 2024. The technology leverages artificial intelligence (AI) and radar-based measurements to provide highly accur

about 1 year ago