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Business Developments & Projects

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DeepOcean's subsea vessel to keep servicing its lifetime client for another five years
Business Developments & Projects

DeepOcean’s subsea vessel to keep servicing its lifetime client for another five years

Norway-based ocean services provider DeepOcean has secured a five-year contract extension with a Mexican company that provides services and solutions for the oil industry for its construction and subsea vessel. Thanks to the contract extension with Diavaz, DeepOcean’s Arbol Grande vessel will work o

about 2 years ago
EU flag; Courtesy of the European Commission; Credit: Mauro Bottaro
Business Developments & Projects
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EU to launch €8M call for improving ocean energy devices

The EU’s flagship Horizon Europe program is to issue a multi-million funding call this September, focused on advancing the sustainability, reliability, and cost-efficiency of ocean energy devices. With a budget of €8 million, this call for the “Critical Technologies for Future Ocean Energy Farms” pr

about 2 years ago
Illustration; Source: i3 Energy
Business Developments & Projects

Canadian oil & gas player makes $225.4 million takeover bid for UK firm

Gran Tierra Energy has made a move to bring i3 Energy, the UK-based oil and gas player, into its fold by pursuing a $225.4 million business combination that will not only diversify but also expand its asset portfolio.

about 2 years ago
An offshore platform
Business Developments & Projects

Kent demystifying oil & gas decarbonization economics

Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute.

about 2 years ago
An aerial photo of JDR Cable Systems' new Blyth facility
Business Developments & Projects

JDR’s Chief Strategy Officer: ‘Look at floating wind’

JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with our sibling news site offshoreWIND.biz. In this articl

about 2 years ago
Contract extension puts high-end subsea vessel to work until May 2028
Business Developments & Projects

Contract extension puts high-end subsea vessel to work until May 2028

DOF Subsea has secured a contract extension for its high-end subsea vessel that will keep the vessel busy until mid-2028. The new commitment for DOF’s Skandi Africa will run until May 2028 and will commence in direct continuation with the current commitment, which runs until February 2025. According

about 2 years ago
Ocean Sun has secured funding from Innovation Norway to advance key technology areas, including a freshwater collection system.
Business Developments & Projects

Innovation Norway backs compatriot floating solar firm with funding

Norway-based floating solar company Ocean Sun has secured funding from state-owned Innovation Norway to advance key technology areas, including a freshwater collection system.

about 2 years ago
West Phoenix rig; Source: Semco Maritime
Business Developments & Projects

Seadrill rig wraps up North Sea drilling campaign and comes to Norwegian yard

Seadrill has finished its drilling assignment at a field life extension project in the North Sea off the coast of Norway, which enabled its semi-submersible rig to go to a yard in Bergen.

about 2 years ago
Hanzevast
Business Developments & Projects

Hanzevast launches new shipping fund

Dutch investment management company Hanzevast has launched a new shipping fund in order to accommodate the sustainability needs of the maritime industry.

about 2 years ago
Rig mobilizes for 'UK's first CO2 well injection test'
Business Developments & Projects

Rig mobilizes for ‘UK’s first CO2 well injection’

A 1981-built non-propelled self-elevating cantilever jack-up rig has mobilized for the commencement of what will be the UK’s first CO2 well injection test. Perenco UK and Carbon Catalyst Limited secured a license to progress the Poseidon CCS project at the Leman gas fields in the UK southern North S

about 2 years ago
France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, mar
Business Developments & Projects

French floating solar firm certified for meeting ‘highest standards’ of environmental performance

France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, marking its commitment to a more sustainable and equitable future.

about 2 years ago
Van Oord fallpipe vessel powered by biofuel makes 26% emission cut
Business Developments & Projects

Van Oord fallpipe vessel powered by biofuel cuts emissions by 26%

The Netherlands-headquartered Van Oord has taken a step seen as a milestone in its decarbonization efforts with the first delivery of biofuel for its 2011-built flexible fallpipe vessel. The biofuel delivered for the Stornes flexible fallpipe vessel in Norway is a B30 blend, consisting of 30% hydrot

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Business Developments & Projects

Subsea7 secures multi-million contract in US Gulf of Mexico

Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.

about 2 years ago
UK firm plans recruitment drive following contract with Subsea7
Business Developments & Projects

UK firm plans recruitment drive following contract with Subsea7

UK energy sector construction, maintenance & enhancement solutions player Global Energy Group is set to soon launch a recruitment drive to cover key fabrication operations at one of its facilities, following a new contract with Subsea7. Global Energy Group has been awarded another contract from Subs

about 2 years ago