Business Developments & Projects
Delta and Ceres enter hydrogen energy technology collaboration
Taiwan-based electronics manufacturing company Delta Electronics has signed a long-term collaboration agreement, which includes technology transfer and licensing, with Ceres Power Limited, a subsidiary of UK-based developer of clean energy technology Ceres Power Holdings, to access Ceres’ hydrogen e
New well technology suite and more work for UK firm
UK-headquartered well integrity and production optimization company Coretrax has expanded its well intervention capabilities by boosting its offering with a complementary technology from Wireline Drilling Technologies. Following the acquisition, the well lifecycle solutions provider secured a batch
Fight for ‘better’ work-life balance: Offshore drillers set their cap on three-month strike at North Sea platform
Around 100 offshore workers employed by Odfjell Technology have decided to embark on strike action to secure improvements to working rotas.
Partnership with Maersk will help Hapag double down on its sustainability targets, Jansen says
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading
Floating solar demo project in Valencia reaches first milestones
BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, is moving forward with its floating solar demonstration project in Valencia with the first round of contacts with main suppliers finished. BlueNewables reported on January 18 that its 1 MW PV-bos project in Valencia
AtoB@C Shipping: Third electric hybrid vessel launched in India
The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India.
N-Sea’s fleet to welcome yet another vessel
Another vessel is set to join N-Sea Group’s fleet as the company has chartered a 2016-built offshore support vessel for IRM, survey, UXO and cable operations. N-Sea has entered into an agreement with Rederij Groen to long-term charter the modern offshore support vessel Aquarius-G. With its length of
LNS picks up multi-billion deal for project designed to reinforce Norway’s gas supplier position
Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project.
Höegh Autoliners bags long-term deal with East Asian auto giant ahead of Aurora-class fleet debut
Oslo-based shipping company Höegh Autoliners ASA has revealed a new contract with a major East Asian car producer to transport cars, predominantly electric vehicles (EVs), from Asia to Europe. Valid until the conclusion of 2028, the agreement signifies a significant step for the company in the autom
Norwegian subsea company makes ‘giant leap’ into Asian market with new contract
Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market. IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have s
COSCO hands over first FSRU to Cyprus
Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. According to COSCO, the project is China’s
WoodMac’s gas and LNG trends to watch in 2024
Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.
Clean Hydrogen Partnership issues €113.5M call for hydrogen projects
Clean Hydrogen Partnership has launched a new hydrogen research call for proposals where a total of €113.5 million will be made available through Horizon Europe for projects to cover R&I activities across the whole hydrogen value chain. Furthermore, an additional €60 million, coming from the RePower
New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects
FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.