Business Developments & Projects
TotalEnergies’ huge North Sea gas project back online following massive redevelopment
TotalEnergies has restarted gas production from its giant redevelopment project in the Danish sector of the North Sea.
SafeWAVE project extended until June 2024
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until June 2024.The decision to extend the project was revealed on March 20, stating it will enable SafeWave to make more progress in utilizing the abundant marine renewable
Welsh government names winners of $945K tidal lagoon challenge
The Welsh government has revealed winners of the Tidal Lagoon Challenge, a program committed to making Wales a world center for emerging tidal energy technologies. The £750,000 (approximately $945,000) program was launched in June 2023, seeking to select at least three research projects that will he
In effort to have ‘world’s most advanced AUV fleet’, Argeo inks deal for another unit
In an effort to build an advanced autonomous underwater vehicle (AUV) fleet, ocean surveying and inspection company Argeo Subsea has signed a Certificate of Delivery and Acceptance with CSI Nordics for the second Kongsberg Discovery HUGIN Superior AUV. Under a three-party Certificate of Delivery and
Repsol prolongs vessel’s gig offshore Norway
Golden Energy Offshore Services has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol Norge.
Técnicas Reunidas and Sterling plan 1 MWe hydrogen electrolyzer in India
Técnicas Reunidas and Sterling Generators have signed an agreement for the joint development of a 1 MWe hydrogen electrolyzer in India.
Havila secures more work for two vessels
Norwegian offshore vessel operator Havila Shipping has landed a contract extension for one PSV and signed a new contract for another.
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre
Ocean Harvesting raising €500K for InfinityWEC design update ahead of sea trials
Ocean Harvesting is raising €500,000 for a design improvement of the InfinityWEC wave energy converter and preparation for sea trials. New investors are invited to join a €500,000 financing round for the 2024 activities, split into €120,000 for April–June and €380,000 for the rest of the year. Sinc
Norwegians to build ‘first of its kind’ energy subsea construction vessel
Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R
Finland’s Hamina LNG terminal hosts first-ever ship bunkering
Hamina LNG terminal, located in Southeastern Finland, at the port of Hamina (Baltic Sea), has, for the first time ever, served as a ship bunkering site.
Germany and Namibia agree to bolster hydrogen partnership
German Federal Minister of Economics Robert Habeck and Namibia’s Energy Minister Tom Alweendo have agreed to deepen the countries’ hydrogen partnership.
Irish company gets patent in India for its hydrokinetic turbine
Ireland-headquartered GKinetic Energy has secured a patent in India for its hydrokinetic turbine, representing the tenth patent awarded to the company. GKinetic announced it had a patent granted in India covering its accelerator and water turbine assembly design. Indian Patent No. 508411 is said to
Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation
SEFE and Oman LNG have finalized a sale and purchase agreement (SPA) for 0.4 million tonnes per annum (mtpa) of LNG.