Business Developments & Projects
Eco Wave Power on the lookout for top wave energy locations along US coastline
Swedish-Israeli wave energy developer Eco Wave Power is set to carry out a feasibility study to identify the top locations for commercial onshore wave energy stations across the U.S. coastline. Eco Wave Power announced it was selected by a “major energy company” to conduct a comprehensive feasibilit
ACME and Hydrogenious eye hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies will explore the joint development of large-scale hydrogen supply chains from Oman to Europe.
Carnegie reserves site for CETO wave energy device deployment in Spain
CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).
G2 Ocean expands its fleet with up to four ammonia/methanol-ready vessels
G2 Ocean has expanded its fleet with up to four 82,300 deadweight ton (dwt) ammonia/methanol-ready open hatch vessels.
CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target
Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202
North Sea operator sanctions oil & gas field development and hands out work to Aker Solutions, Subsea7, and OneSubsea
OKEA has made a final investment decision (FID) for the development of an oil and gas field in the North Sea off the coast of Norway.
Prysmian completes Neart na Gaoithe cabling job offshore Scotland
Italy-headquartered Prysmian has concluded the installation of submarine and land power cables to connect the 450 MW Neart na Gaoithe offshore wind farm to the Scottish mainland power grid. The offshore wind project is now in the testing and commissioning phase and the system is scheduled to go live
Dutch wave energy company gets subsidy for large-scale technology testing
Dutch Wave Power, a company developing technology to convert energy from waves at sea into electrical energy or hydrogen, has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen. The subsidy from the Wadden fund (Wadde
DNV okays Bergen Engines’ methanol-ready notation for marine engines
Norway-based medium-speed engine builder Bergen Engines has received approval from classification society DNV for its methanol-ready statement for marine engines.
Blame for UK offshore oil & gas license abandonment pinned on wind farm construction ops
The blame for an unfulfilled license requirement and subsequent relinquishment is said to rest squarely on wind farm construction activities.
With offshore repairs done, Balticconnector about to restart after six-month shut-down
Preparatory work has begun for the commissioning of the Balticconnector gas pipeline between Finland and Estonia which was shut down in October 2023 due to a rupture, following the completion of repair work. Estonian transmission system operator (TSO) Elering and its Finnish counterpart Gasgrid clos
Eltronic FuelTech partners with CSTC Shanghai to promote greener fuel solutions in China
Eltronic FuelTech and CSTC Shanghai will work on the adoption of Eltronic FuelTech’s greener fuel technologies in China’s maritime sector.
Scana company secures contract to deliver FPSO mooring equipment
Scana-owned Seasystems has won a contract worth between NOK 20 and 50 million (between $4.5 and $13.9 million) for the delivery of a turret structural connector system for floating production storage and offloading (FPSO) in the Gulf of Mexico.
Advent Technologies, Siemens Energy to work on maritime fuel cell solution
Advent Technologies and Siemens Energy have signed an agreement (JDA) to develop an integrated 500 kW HT-PEM fuel cell solution for maritime applications.