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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Partners to transform Norwegian Risavika into green ammonia hub

Iverson eFuels, Port of Stavanger, ASCO Norge and St1 have signed a partnership agreement to make green ammonia available in the Stavanger region of Norway.

about 2 years ago

Business Developments & Projects

NEOT extends charter contracts for Terntank’s vessels, adds new wind/methanol-ready vessel

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Finnish fuel supply and distribution company NEOT has extended charter contracts for six vessels owned by shipping company Terntank.

about 2 years ago

Business Developments & Projects

Fish population survey in Portugal to provide data for HiWave-5 and future installations

Portugal-based technology and innovation center dedicated to developing marine renewable energy, WavEC Offshore Renewables, has conducted a fish population survey to provide relevant information for the currently installed HiWave-5 project and future installations.

about 2 years ago

N05-A platform in the North Sea; Source: One-Dyas

Business Developments & Projects

North Sea platform designed to run on offshore wind gearing up for first gas by year-end (Video)

ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.

about 2 years ago

Business Developments & Projects

Dutch dedicated cable repair and installation vessel completes first project

N-Sea Group’s recently launched dedicated subsea cable repair and installation vessel has completed its first cable replacement project and is carrying out another one for the same client. N-Sea and its partner Neptune Marine Service converted the anchored barge NP-459 into a dedicated cable repair

about 2 years ago

Business Developments & Projects

Navigator Gas enters up to $147.6 million credit deal

Navigator Gas has entered into a secured term loan and revolving credit facility with Credit Agricole Corporate and Investment Bank, ING Bank and Skandinaviska Enskilda Banken.

about 2 years ago

James Carnegie (Viper Innovations), Phil Reid (J+S Subsea) and Richard Knox (Verlume).

Business Developments & Projects

UK-made subsea battery systems hit the water offshore Canada

Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.

about 2 years ago

Several vessels and rigs located next to a shipyard in a sea strait

Business Developments & Projects

WATCH: One bridge section for Aker BP’s North Sea platform done, four more left

Nymo has completed the first of five bridge sections it is building for a North Sea project being developed by Aker BP.

about 2 years ago

Business Developments & Projects

RWE kicks off green hydrogen production at pilot plant in Lingen

German energy company RWE has started green hydrogen production at its 14 MW pilot electrolyzer plant in Lingen, Germany.

about 2 years ago

UK’s largest subsea green electricity superhighway passes funding hurdle

Business Developments & Projects

UK’s largest subsea green electricity superhighway cleared for construction take-off

UK energy market regulator Ofgem has selected what is set to become Great Britain’s longest-ever subsea connection as the first project to proceed under its fast-track process and to receive a £3.4 billion funding package. Eastern Green Link 2 (EGL2) is the first of 26 projects to complete the fast-

about 2 years ago

Vessel anchored at a port next to an industrial complex onshore

Business Developments & Projects

100th LNG cargo comes at one German terminal as dredging work kicks off at another

Germany’s state-owned operator Deutsche Energy Terminal (DET) has received its 100th liquefied natural gas (LNG) shipment at one of the four LNG terminals it operates in the country. Additionally, it started dredging activities in preparation for the commissioning stage of a floating storage regasif

about 2 years ago

Shell's Gulf of Mexico platform; Source: Shell

Business Developments & Projects

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

22 minutes read

Business Developments & Projects

HD Hyundai Mipo starts building Korea’s first LCO2 carrier

HD Hyundai Mipo has held a steel cutting ceremony for a 22,000 cbm LCO2 carrier at its Ulsan headquarters.

about 2 years ago

Seabird Guillemot with an attached solar-powered tracker

Business Developments & Projects

Anglesey birds wearing solar-powered trackers to ensure safe tidal energy deployment

This initiative, part of the marine characterization research project (MCRP), aims to ensure the safe deployment of tidal energy devices in the Morlais scheme.

about 2 years ago