Business Developments & Projects
Go-ahead for Equinor to embark on drilling activities with Transocean rig
Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.
Harbour Energy gearing up to kick off North Sea ops with Noble rig
Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.
Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’
Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.
New green hydrogen and PtX solutions company Rely formally established
Technip Energies, an engineering and technology company, and John Cockerill, a designer and manufacturer of large-scale technological solutions, have finalized the creation of Rely, a new company dedicated to integrated green hydrogen and Power-to-X (PtX) solutions. Headquartered in Brussels, Belgiu
Training project for seafarers on zero-emission ships in the making
A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change
Fugro on survey duty offshore South Korea
Dutch geo-data specialist company, Fugro, has been picked by KREDO Offshore to support its offshore wind development in South Korea. Fugro will carry out a metocean and wind resource measurement campaign on the west coast of South Korea, offshore Yeonggwang County. The project site is currently in t
V.Group, Aither to provide carbon credits for shipowners
Ship management and marine services company V. Group and Aither, which provides carbon trading solutions for shipowners and other industries, have entered into strategic partnership focused on trading carbon credits for the EU Emissions Trading System (ETS) scheme.
‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up
The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other. In this article: During the ‘Renewable energy: Innovate or accelerate?’ confe
Provaris raises $1.9M for hydrogen prototype tank construction and testing
Provaris Energy has received firm commitments to raise $1.9 million from a share placement to existing and new investors to fund the construction and testing of the hydrogen prototype tank in Norway. According to Provaris, the placement will comprise the issue of 47.5 million new fully paid ordinary
UK sees North Sea as ‘vital cog’ in its decarbonization and net zero journey
The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.
Azane taps Amogy to power its ammonia fuel bunker vessel
Azane Fuel Solutions, a Norwegian company developing an ammonia bunkering terminal, has signed a Memorandum of Understanding (MoU) with US-based ammonia power solutions company Amogy Inc. to explore the technical and commercial feasibility of using Amogy´s ammonia-to-power system on board an Azane-d
64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study
Some 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks, according to a recent study from sustainability and communications consultancy Woodrow. The report sheds light on key ar
Live from Offshore Energy Exhibition & Conference 2023
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi
CMB.TECH, Boeckmans order four hydrogen-ready cargo vessels
Belgium-based developer and integrator of hydrogen solutions CMB.TECH and compatriot maritime transportation firm Boeckmans have teamed up on the order of four future-proof hydrogen-powered 5.000 dwt general cargo vessels.