Business Developments & Projects
Spanish researchers unveil ‘promising solution for offshore solar energy’ based on dual-axis tracker and TLP
Researchers from the Spanish University of Oviedo have developed a new offshore solar energy concept that combines a dual-axis tracking system and a tension leg platform (TLP), deemed as a “promising solution for offshore solar energy”. The novel offshore FPV system named HelioSea leverages the comb
With Labour’s windfall tax plan seen as ‘hammer blow’ to UK’s energy security and decarbonization, concerns over job loss on the rise
The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,
Equinor inks 15-year LNG supply deal with India’s Deepak
Norwegian state-owned energy major Equinor and Indian fertilizer and petrochemical company Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026. Equinor’s portfolio, based on LNG fr
Exclusive interview with Norsepower’s CEO: Debunking the myth of wind propulsion’s obsoleteness
In the dynamic landscape of maritime technology, wind propulsion solutions, exemplified by the Norsepower Rotor Sail (NPRS), are poised to transcend the realm of experimental endeavors, solidifying their position as fundamental elements in standard vessel design. Offshore Energy spoke with Norsepowe
Greece’s first FSRU receives commissioning LNG cargo
Greece’s first floating storage regasification unit (FSRU) based LNG import terminal is gearing up for commissioning tests with the arrival of the first LNG cargo. The commissioning cargo to the Alexandroupolis FSRU was delivered on February 18, 2024, onboard GasLog Hong Kong LNG carrier. Once the c
Chemship debuts sails on chemical tanker as it progresses on sustainability journey
In a giant leap towards a greener shipping industry, Dutch shipping company Chemship has debuted the first chemical tanker equipped with sails.
Eidesvik and Agalas shake hands for low-emission Türkiye-built vessel
Eidesvik Offshore and Agalas have entered into an agreement to build a new, low-emission construction support vessel (CSV) that will be equipped to perform inspection, maintenance and repair (IMR) work. The vessel will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the
MPCC presses ahead with fleet renewal and decarbonization
Norwegian feeder vessel owner MPC Container Ships (MPCC) has unveiled new strategic initiatives that will significantly accelerate the company’s journey towards fleet renewal and decarbonization.
French floating solar load modeling specialist gets new owner
French engineering, advisory, and project management services company DORIS has acquired a compatriot company active in the fixed offshore wind, floating offshore wind, and floating solar market. Through acquiring WINDGLAS, DORIS’ scope of service that is to be offered to the offshore wind industry
Aker BP cleared to deploy floatel off Norway
Aker BP consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a field offshore Norway.
Nexans outperforms 2023 target, makes considerable progress on sustainability agenda
In the year in which it saw “considerable progress” on its sustainability agenda, Nexans has reported a “historic high” adjusted EBITDA of €665 million for the 2023 financial year, a +8.2% increase year-on-year, outperforming the target. Nexans’ EBITDA including share-based payment expenses amounted
Aker BP gearing up to spud North Sea well with Noble rig
Aker BP has received consent to use one of Noble Corporation’s jack-up rigs for exploration activities in the North Sea off Norway.
Public feedback sought for planned interconnector between Ireland and Wales
A series of public consultation events is being held this month to discuss the proposed MaresConnect electricity interconnector between Ireland and Wales. MaresConnect will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyddan,
Equinor getting ready to embark on North Sea drilling ops with Odfjell rig
Equinor has received consent from the country’s offshore safety regulator to use one of the semi-submersible rigs owned by Odfjell Drilling.