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Business Developments & Projects

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In midst of expansion initiatives, N-Sea to develop new-built operations support base
Business Developments & Projects

In midst of expansion initiatives, N-Sea to develop new-built operations support base

Netherlands-headquartered subsea solutions provider N-Sea Group is planning to develop a new-built operations support base in IJmuiden in 2025, said to enable it to support all offshore activities in the Europe region from one location. N-Sea Group has signed a contract to build a new operations sup

about 1 year ago
Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor
Business Developments & Projects
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Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor

Dutch steel producer Tata Steel and Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider ECOLOG have signed an agreement with Norwegian green hydrogen project developer Gen2 Energy and the Port of Amsterdam to assess feasibility of creating a liquid hydrogen import

about 1 year ago
ERMA FIRST
Business Developments & Projects

ERMA FIRST acquires Ecochlor to expand global BWTS footprint

Greek ballast water treatment specialist ERMA FIRST has completed the acquisition of its US-based counterpart, Ecochlor, as part of its growth strategy to increase market share.

about 1 year ago
One Italian approval to go for second interconnector to Malta
Business Developments & Projects

One Italian approval to go for second interconnector to Malta

Sicily has given its approval for the second interconnector between Malta and Italy, some eleven months after the project had been granted the development permit from the Maltese side. The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electrical cable int

about 1 year ago
Illustration; Source: TotalEnergies
Business Developments & Projects

TotalEnergies, Shell, BP, and Equinor to assist in tackling energy access woes with $500M pledge

Four energy giants – France’s TotalEnergies, Norway’s Equinor, and the UK-headquartered Shell and BP – have confirmed their plans to pool resources to help support access to energy with a $500 million joint investment commitment.

about 1 year ago
Illustration; Source: OMV
Business Developments & Projects

Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home

OMV has managed to get the upper hand in the arbitration case against Gazprom Export, a subsidiary of Russia’s gas giant Gazprom, over the latter’s alleged irregular gas supplies to Germany.

about 2 years ago
Norwegian
Business Developments & Projects

Norwegian and Greek firms team up on joint CO2 corridor project between Norway and the Netherlands

Norwegian clean energy company Horisont Energi and ECOLOG, a Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider, have entered into an agreement to ‘advance’ the development of a carbon dioxide (CO2) corridor between Norway and the Netherlands. As disclosed, the pr

about 2 years ago
DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)
Business Developments & Projects

DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)

An advanced unmanned surface vessel (USV) being built in Spain for DeepOcean and its partners has started taking shape at GONDAN Shipbuilders. GONDAN Shipbuilders started the construction of the USV Challenger in March, following the order from USV A/S, a joint venture of DeepOcean, Solstad Offshore

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Shell begins laying the groundwork for recent North Sea gas discovery to become FID-ready

Shell is taking steps to set the stage for a potential final investment decision (FID) to be taken in relation to its recent gas discovery in the North Sea, which is located on the UK Continental Shelf (UKCS).

about 2 years ago
Illustration/Wave energy device testing (Screenshot/Video by Maynooth University COER)
Business Developments & Projects

Wave energy can meet double Ireland’s power needs – if supported, COER says

Ireland’s wave energy sector, with the potential to power the country twice over, has fallen short of its 2030 targets, according to experts from the Centre for Ocean Energy Research (COER). Despite Ireland’s 2030 climate targets, COER warns that without substantial, long-term support, this untapped

about 2 years ago
Hamburg Green Hydrogen Hub project moves forward
Business Developments & Projects

Hamburg Green Hydrogen Hub project moves forward

The dismantling of the Moorburg power plant site in Hamburg, Germany, is progressing rapidly, according to the Port of Hamburg, creating a space for the construction of a green hydrogen hub.

about 2 years ago
Allseas installs pipeline for 'flagship' Dutch gas development
Business Developments & Projects

Allseas installs pipeline for ‘flagship’ Dutch North Sea gas development

Allseas has completed the pipeline installation and post-lay activities for what is said to be a flagship project in the Dutch North Sea led by the Netherlands-based exploration and production player ONE-Dyas. Under a contract secured at the beginning of 2023, Allseas was in charge of the transport

about 2 years ago
UK government backs EMEC's growth with £3 million
Business Developments & Projects

EMEC seeks partners and collaborators for clean energy innovations

The Orkney-based European Marine Energy Centre (EMEC) has unveiled a search for collaborators and partners under the 2024 Clean Energy Transition Partnership (CETPartnership) joint call, co-funded by the European Union and Scottish Enterprise. Aimed at advancing clean energy solutions, this call in

about 2 years ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business Developments & Projects

North Sea drilling leads to another oil & gas discovery where 12 more sprung up since 2018

Equinor has made a new oil and gas discovery in the North Sea off the coast of Norway, using one of the semi-submersible rigs owned by Odfjell Drilling.

about 2 years ago