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Business Developments & Projects

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M4 wave energy converter deployed in King George Sound, Albany.
Business Developments & Projects

Australian wave energy device retrieved for scheduled maintenance (Video)

The University of Western Australia’s (UWA) Moored MultiModal Multibody (M4) wave energy converter (WEC) has been retrieved for its first scheduled maintenance checks following the initial deployment phase. The M4 WEC was brought into the marina to undergo its first scheduled checks and maintenance

about 1 year ago
Ports of Stockholm
Business Developments & Projects

Ports of Stockholm: New project combines onshore power and microgrid technology

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Sweden’s Ports of Stockholm and its partners have decided to launch a project that combines onshore power supply (OPS) and microgrid technology.

about 1 year ago
Maersk’s newest dual-fuel methanol vessel gets its name in Singapore
Business Developments & Projects

Maersk’s newest dual-fuel methanol vessel gets its name in Singapore

Danish shipping and logistics major Maersk has held a naming ceremony for its newest dual-fuel methanol container vessel in Singapore.

about 1 year ago
Illustration; Source: Sulmara/BGF
Business Developments & Projects

UK firm gets multimillion-dollar shot in the arm to pursue tech advancement

Sulmara has secured a multimillion-dollar investment from BGF, a growth capital investor in the UK and Ireland. This will enable the firm to bankroll its technological growth ambitions in the offshore energy arena, where it is eyeing opportunities in renewables.

about 1 year ago
Axial Skelter arriving at Alderney. Source: Spiralis Energy
Business Developments & Projects

Spiralis Energy’s tech reveal brews change with tidal energy for ‘price of cup of tea’

London-based tidal energy developer Spiralis Energy has launched its national ‘Tides2Tea’ campaign, which aims to raise public awareness and support for tidal energy, setting the stage for 2025 testing in Alderney waters. By linking the campaign to something as ordinary as brewing a cup of tea, the

about 1 year ago
Chinese shipbuilder hands over first 175,000 cbm LNG carrier to ADNOC L&S
Business Developments & Projects

Chinese shipbuilder hands over first 175,000 cbm LNG carrier to ADNOC L&S

ADNOC Logistics & Services (ADNOC L&S) has taken delivery of the first newbuild LNG carrier from Jiangnan Shipyard in China.

about 1 year ago
The €2.8 billion NeuConnect interconnector project has completed the first phase of cabling works in the UK waters, marking a step in establishing the first direct energy link between the UK and Germa
Business Developments & Projects

‘Major milestone’ for UK-Germany subsea link as first cabling stage wraps up (Video)

Italy-headquartered cable systems giant Prysmian has completed the €2.8 billion NeuConnect interconnector project’s first phase of cabling works in the UK waters, marking an important step in establishing the first direct energy link between the UK and Germany. With converter stations under construc

about 1 year ago
LIVE BLOG: Offshore Energy Exhibition & Conference 2024
Business Developments & Projects

LIVE BLOG: Offshore Energy Exhibition & Conference 2024

Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage

12 minutes read
Visit to Subsea7's Seven Seas pipe-laying vessel; Source: BP
Business Developments & Projects

BP’s project on track for first gas in 2025 as Seven Seas preps for action

BP is moving forward with activities required to bring on stream a subsea gas development project offshore Trinidad and Tobago.

about 1 year ago
Mist rig; Source: Borr Drilling
Business Developments & Projects

Borr Drilling rig begins another five-well campaign at next field on its drilling list

Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mo

about 1 year ago
QatarEnergy breaks ground on $1.2 billion ammonia project
Business Developments & Projects

QatarEnergy breaks ground on $1.2 billion ammonia project

QatarEnergy has laid the foundation stone for the 1.2 mtpa blue ammonia facility, said to be the largest of its kind in the world.

about 1 year ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Business Developments & Projects

Italian FSRU goes back to work

OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.

about 1 year ago
Final LNG-ready 13K TEU boxship joins HMM’s fleet
Business Developments & Projects

Final LNG-ready 13K TEU boxship joins HMM’s fleet

South Korean shipping company HMM has taken delivery of HMM Turquoise, completing its twelve-strong fleet of LNG-ready 13,000 TEU containerships.

about 1 year ago
Deepsea Mira rig; Source: Odfjell Drilling
Business Developments & Projects

TotalEnergies selling minor stakes in two Namibian offshore blocks to QatarEnergy

QatarEnergy is enlarging its portfolio of assets in the Orange Basin, thanks to a deal with France’s energy giant TotalEnergies, which will enable it to acquire additional interests in two blocks located about 300 kilometers off the coast of Namibia.

about 1 year ago