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Business Developments & Projects

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Business Developments & Projects

QatarEnergy to supply Shell with condensate until 2050s

QatarEnergy has signed a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned subsidiary of the UK-headquartered energy major Shell.

about 1 year ago
Gwynt y Môr N-Sea cable repair
Business Developments & Projects

N-Sea lands another cable repair contract for 576 MW Gwynt y Môr offshore wind farm

The Dutch company, N-Sea Group, has been awarded a contract to repair one of the four export cables that connect the 576 MW Gwynt y Môr offshore wind farm in the UK to the National Grid. N-Sea will be responsible for replacing a five-kilometer section of 132 kV export cable from the onshore transiti

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about 1 year ago
Troll A platform in the North Sea; Credit: Oyvind Gravas Even Kleppa/Equinor
Business Developments & Projects

Top dollar oil & gas FID plays in 2024 with offshore development epilogues to come

Since 2024 saw many projects greenlighted, Offshore Energy has delved into some of the biggest steps taken last year to move forward with approved developments.

about 1 year ago
Next decade pivotal for defining role of nuclear power in maritime industry, study says
Business Developments & Projects

Next decade pivotal for defining role of nuclear power in maritime industry, study says

The next decade will be crucial for determining the role of nuclear power in the maritime industry. While holding the potential to significantly contribute to the decarbonization of shipping and port operations, nuclear power still needs a comprehensive and secure framework to be implemented, accord

about 1 year ago
LNG Canada
Business Developments & Projects

LNG chapters on the rise in 2024 global energy tome

Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.

about 1 year ago
Deepsea Bollsta rig drilled several wells in Namibia for oil majors; Source: Equinor
Business Developments & Projects

Energy trip down memory lane: Offshore oil & gas discoveries to remember 2024 by

While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors along

about 1 year ago
India and Netherlands set the wheels in motion for green maritime corridor
Business Developments & Projects

India and Netherlands set the wheels in motion for green maritime corridor

India and the Netherlands have laid the groundwork for setting up a green and digital maritime corridor between the Port of Rotterdam and Indian ports.

about 1 year ago
Damen to deliver another all-electric tug to Noatum Maritime
Business Developments & Projects

Damen to deliver another all-electric tug to Noatum Maritime

Damen Shipyards Group and Noatum Maritime have agreed on the delivery of a second, all-electric Damen RSD-E Tug 2513.

about 1 year ago
Norway
Business Developments & Projects

Norway sees uptick in electric propulsion market activity

Frydenbø Maritime Industries, a Norwegian company specializing in maritime and land-based industrial solutions, is set to acquire compatriot marine electric propulsion systems provider Elmarin. As informed, the transaction is anticipated to clear the path for the organization’s growth targets, one o

about 1 year ago
maritime
Business Developments & Projects

SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization

As the European Union prepares its next long-term budget, the Shipyards & Maritime Equipment Association of Europe (SEA Europe) has urged the European Commission to address the current funding fragmentation with regard to the maritime sector.

about 1 year ago
CRP wins contract with Shell for deepwater development offshore Houston
Business Developments & Projects

CRP Subsea wins contract with Shell for deepwater development offshore Houston

UK-headquartered CRP Subsea, part of AIS, has won a contract with Shell for the supply of crushable foam wrap (CFW) for a deepwater development located offshore Houston in the Gulf of Mexico/America. The initial order for the Whale development is for one well-set, with additional orders for four mor

about 1 year ago
Dutch firm launches solar power solution for oceangoing vessels
Business Developments & Projects

Dutch firm launches solar power solution for oceangoing vessels

Following 18 months of developing and testing, the Netherlands-based maritime solar specialist Wattlab has launched its new solar power solution for oceangoing vessels, targeting reductions in fuel consumption and CO2 emissions.

about 1 year ago
Scottish engineering consultancy Quoceant has received an IECRE Feasibility Statement for the quick connection system for marine renewable energy applications from Lloyd’s Register, a renewable energy
Business Developments & Projects

64% of Scottish supply chain firms scaling up for renewables, survey finds

Almost two-thirds of companies in Scotland’s clean energy supply chain are investing in skills, capabilities, and facilities to prepare for growth in the renewable sector over the next three to five years, according to new data from Scottish Renewables. The findings come from the trade body’s sixth

about 1 year ago
Deepsea Stavanger
Business Developments & Projects

WATCH: Odfjell rig all spruced up for 5-year North Sea gig with Aker BP

A semi-submersible rig forming part of Odfjell Drilling’s fleet has undergone maintenance ahead of its contract with Aker BP in the North Sea.

about 1 year ago