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Business Developments & Projects

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Norden and Meta seal sustainable maritime fuel offtake deal
Business Developments & Projects

Norden and Meta seal sustainable maritime fuel offtake deal

Danish shipping company Norden has signed a sustainable maritime fuel offtake agreement with technology conglomerate Meta.

about 1 year ago
Illustration; Source: Seatrium
Business Developments & Projects

Asian duo to create ‘cutting-edge’ jack-up rigs for India’s offshore arena

Seatrium has joined forces with India’s Cochin Shipyard to bring to life mobile offshore drilling units (MODUs), which will be designed specifically to meet the needs of the Indian offshore oil and gas market.

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about 1 year ago
Symphony Wave Power has completed the installation of a turbine in its dry-test system, marking a step towards the development of its wave energy technology.
Business Developments & Projects

Symphony Wave Power installs key component for its dry-test system

Netherlands-based Symphony Wave Power has completed the installation of a turbine in its dry-test system, marking a step towards the development of its wave energy technology. The dry-test system installation represents an important phase in Symphony’s validation program, enabling the company to per

about 1 year ago
Value Group
Business Developments & Projects

Rotterdam Energy Transition Fund backs Value Group to drive development of CO2 hub

Value Group, the Netherlands-based company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rotterdam Energy Transition Fund (ETF-R), a €100 million investment fund of the City of Rotterdam.

about 1 year ago
Dutch-Swiss duo sets sights on advancing marine hydrogen fuel cell solutions
Business Developments & Projects

Dutch-Swiss duo sets sights on advancing marine hydrogen fuel cell solutions

Dutch maritime engineering company NIM and Swiss high-tech firm EH Group have joined forces to advance the development and standardization of hydrogen fuel cell drive trains tailored for the maritime industry.

about 1 year ago
Ashtead Technology has signed an agreement with Acteon Group to acquire Seatronics and J2 Subsea for £63 million (approximately $81.6 million)
Business Developments & Projects

Ashtead Technology wraps up acquisition of two firms from Acteon

UK-headquartered subsea equipment rental and solutions provider Ashtead Technology has completed its £63 million (approximately $81.6 million) acquisition of Seatronics and J2 Subsea, expanding its subsea survey and robotics capabilities portfolio. According to Ashtead Technology, the deal bolsters

about 1 year ago
CLB Ailan YiHao (AL-1) at oilfield development project offshore China; Source: Fulan Offshore
Business Developments & Projects

Cable laying barge wraps up its first subsea foray into oil & gas arena after offshore wind jobs (Gallery)

China-headquartered Fulan Offshore has crossed the finish line at an oilfield project in the Bohai Sea with one of its cable laying barges (CLBs), which previously worked on multiple offshore wind projects.

about 1 year ago
Hamburg and Vancouver
Business Developments & Projects

Ports of Hamburg and Vancouver sign MoU to support alternative fuel bunkering

The Hamburg Port Authority (HPA) in Germany and the Vancouver Fraser Port Authority in Canada have signed a Memorandum of Understanding (MOU) to collaborate across a range of port priorities including alternative fuel bunkering, decarbonization, safety, and cruise operations.

about 1 year ago
BAR Technologies: New collaboration to bring WindWings to Japanese shipping market
Business Developments & Projects

BAR Technologies: New collaboration to bring WindWings to Japanese shipping market

BAR Technologies signed an MoU with Mitsubishi Corporation and Nihon Shipyard to deliver WindWings to the Japanese shipping market.

about 1 year ago
Wikinger offshore wind farm, aerial view with one turbine close up
Business Developments & Projects

Iberdrola hires ABL for Windanker MWS services offshore Germany

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to support the offshore construction of Iberdrola’s 315 MW Windanker offshore wind farm in Germany. ABL Germany, based in Hamburg, will provide MWS services to support the offshore transpor

about 1 year ago
The illustration for Powering the Blue Economy: Power at Sea (Courtesy of the U.S. DOE's American Made Challenges) WPTO
Business Developments & Projects

Marine energy concepts secure $200K in US Power at Sea Prize launch

The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has unveiled the winners of the first phase of its Power at Sea Prize, awarding $200,000 to 20 teams for marine energy concepts aimed at powering ocean-based activities. “There is so much potential for marine energy technol

about 1 year ago
Tsuneishi launches ‘world’s first’ methanol dual-fuel Ultramax bulk carrier (Gallery)
Business Developments & Projects

Tsuneishi launches ‘world’s first’ methanol dual-fuel Ultramax bulk carrier (Gallery)

Japan’s Tsuneishi Shipbuilding has launched what it claims to be the world’s first 65,700 dwt methanol dual-fuel bulk carrier.

about 1 year ago
Illustration; Source: Prysmian
Business Developments & Projects

Prysmian’s cable-making ops at full blast for two big North Sea oil & gas projects

Prysmian is hard at work at its factory in Norway to provide cables for two oil and gas development projects in the North Sea, off the coast of Norway. Thanks to these projects, the Italian player’s headcount has gone up.

about 1 year ago
OEEC 2024 Exclusive Networking Dinner guests meeting ahead of event kick-off tomorrow
Business Developments & Projects

OEEC 2024 Exclusive Networking Dinner guests meeting ahead of event kick-off tomorrow

The 17th edition of Offshore Energy Exhibition & Conference (OEEC) will launch tomorrow, November 26, but the event has already started with a get-together at the iconic Capital C in Amsterdam. There, guests from around the world who signed up for the Exclusive Networking Dinner are meeting before O

about 1 year ago