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Business Developments & Projects

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Business Developments & Projects

Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition

Port of Amsterdam and Port of Den Helder have decided to strengthen their cooperation on energy transition, offshore wind, and hydrogen through a new memorandum of understanding (MoU). The Dutch ports signed the MoU on October 23, 2024, to intensify their collaboration in the areas of commerce, oper

about 2 years ago

The first floating solars for the Hollandse Kust Noord offshore solar farm have arrived at the Port of Amsterdam, which will be installed at the Dutch CrossWind Hollandse Kust Nord (HKN) offshore wind

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Business Developments & Projects

First floating solars arrive in Port of Amsterdam for installation at North Sea offshore wind farm

The first floating solars for the Hollandse Kust Noord (HKN) offshore solar farm have arrived at the Port of Amsterdam, set for installation at the Dutch CrossWind HKN offshore wind farm. Planned for a 2025 installation, the Hollandse Kust Noord solar farm is expected to be what the company describe

about 2 years ago

Statfjord C platform; Credit: Harald Pettersen/Equinor

Business Developments & Projects

TotalEnergies, Equinor among players pursuing decarbonization project for floating and fixed offshore installations

Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc

about 2 years ago

Jackdaw platform; Source: Aker Solutions

Business Developments & Projects

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 2 years ago

Business Developments & Projects

Stamp of approval for North Sea operator to kick off drilling ops

Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.

about 2 years ago

Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor

Business Developments & Projects

With clearance in hand, Shelf Drilling focuses on final rig prep for ops in Norwegian waters

Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit

about 2 years ago

Inyanga Marine Energy Group has launched a crowdfunding campaign to support the expansion of its patented tidal energy technology, HydroWing

Business Developments & Projects

Inyanga Marine Energy kicks off crowdfunding for its tidal energy technology

UK-based Inyanga Marine Energy Group has launched a crowdfunding campaign to support the expansion of its patented tidal energy technology, HydroWing, after landing $53 million in major tidal energy projects. According to Inyanga Marine Energy, the crowdfunding round, launched in partnership with Cr

about 2 years ago

A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam

Business Developments & Projects

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 2 years ago

Business Developments & Projects

TGS sees record-high OBN contract activity following merger with PGS

Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le

about 2 years ago

Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million)

Business Developments & Projects

Ashtead Technology buys two firms from Acteon in deal worth nearly $82 million

UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million), expanding its subsea survey and robotics rental portfolio by 30%. The acquisition expands A

about 2 years ago

Business Developments & Projects

‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery

Amid “challenging market conditions and financial performance”, Finnish oil refining and marketing company Neste has decided to re-evaluate its plans for renewable hydrogen production and withdraw from investing in a 120 MW electrolyzer at its Porvoo refinery. Originally, Neste’s plan included build

about 2 years ago

Business Developments & Projects

TES teams up with Japanese equity fund to scale e-NG production

Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), and Advantage Partners (AP), a Japanese private equity fund, are in discussions to explore potential investments in TES’ e-NG projects.

about 2 years ago

Business Developments & Projects

Van Oord’s hybrid cable layer debuts at RWE’s 1.4 GW offshore wind farm

Van Oord’s new, next-generation cable-laying vessel (CLV) Calypso has begun installing cables at its first offshore wind project, marking its official debut. Calypso’s first project is RWE’s Sofia offshore wind farm, being constructed on Dogger Bank in the central North Sea, 195 kilometers from the

about 2 years ago

Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project.

Business Developments & Projects

Floating solar systems to use recyclable materials in EU-backed project

Through its Construction Technology Center, Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project. This breakwater is designed to shield offshore floating photovoltaic (FPV) systems from harsh sea con

about 2 years ago