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Business Developments & Projects

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Business Developments & Projects

‘Large-scale’ multi-million subsea job taking DOF vessel sextet to Africa

DOF Group has tucked a new subsea umbilicals, risers, and flowlines (SURF) assignment under its belt, which will enable it to work on an energy project off the coast of Africa.

about 1 year ago

Business Developments & Projects

ExxonMobil books New Wave Offshore for work on its $12.7B oil project in Guyana

ExxonMobil has hired New Wave Offshore Energy to handle marine warranty survey (MWS) services for its sixth deepwater oil development project at the Stabroek block off the coast of Guyana.

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about 1 year ago

Business Developments & Projects

WaveGen Energy completes its wave energy technology testing in India, eyes next steps

Renewable energy company WaveGen Energy has completed testing of its 200 W proof of concept (POC) at the National Institute of Technology Karnataka (NITK), demonstrating wave energy technology that could surpass current efficiency standards in the sector. According to WaveGen, its patented technolog

about 1 year ago

Business Developments & Projects

EuroHoldings completes spin-off from Euroseas

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, has completed its spin-off from shipowner and operator Euroseas.

about 1 year ago

Illustration; Source: Offshore Energies UK (OEUK)

Business Developments & Projects

‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put

With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding

about 1 year ago

Business Developments & Projects

Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in

A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, extending its work for the company for another two years, potentially longer. Normand Subsea, a versatile inspection, maintenance, and repair (IMR) vessel, has been on contract with Subsea

about 1 year ago

Business Developments & Projects

Ricardo comes onboard Australian Hydrogen Council

Ricardo, a UK-based environmental and engineering consulting company, has joined the Australian Hydrogen Council (AHC), an industry body for hydrogen development in Australia, working to support the commercialization of hydrogen technologies.

about 1 year ago

Business Developments & Projects

Rex confirms resource estimate for oilfield redevelopment offshore Benin

Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast of Benin.

about 1 year ago

Business Developments & Projects

Tesvolt Ocean joins global community of maritime battery enablers

Tesvolt Ocean, a joint venture between Tesvolt Maritime Solutions and Ocean Batteries, has become a member of the global community of maritime battery enablers, the Maritime Battery Forum (MBF).

about 1 year ago

Business Developments & Projects

Prysmian preferred supplier for planned 1 GW subsea cable between Singapore and Malaysia

Singapore’s state-owned energy giant Sembcorp Industries and Malaysia’s state-owned electric utility company Sarawak Energy have entered into a preferred supplier agreement with Italian cabling firm Prysmian for a subsea interconnector cable that would import around 1 GW of green electricity from Sa

about 1 year ago

Business Developments & Projects

US subsea firm’s ‘cornerstone product’ going to Gulf of America’s oil & gas operator

KOIL Energy Solutions, formerly Deep Down, has received an order for its subsea distribution equipment, which will be deployed at an oil and gas project in the Gulf of America, formerly known as the U.S. Gulf of Mexico.

about 1 year ago

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

Business Developments & Projects

CorPower Ocean and NTNU join forces on AI-controlled wave energy tech

Swedish wave energy developer CorPower Ocean has secured funding from Sweden’s national innovation agency, Vinnova, to integrate artificial intelligence (AI) into its wave energy technology in collaboration with the Norwegian University of Science and Technology (NTNU). According to CorPower Ocean,

about 1 year ago

Business Developments & Projects

IMO moves to introduce global strategy for maritime digitalization

The International Maritime Organization (IMO) has set out to create a comprehensive strategy for maritime digitalization that will leverage emerging technologies to advance efficiency, safety, and sustainability.

about 1 year ago

Business Developments & Projects

Black & Veatch lands FEED contract for Verdagy’s 60 MW hydrogen project in Texas

Verdagy has selected Black & Veatch as the front-end engineering and design (FEED) contractor for its 60-megawatt (MW) clean hydrogen project near the Gulf Coast in Texas.

about 1 year ago