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Business Developments & Projects

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Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

More sustainable and closely coordinated seabed management aim of new UK agreement

UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor

about 2 years ago
Proteus Marine Renewables (PMR) has joined the American Tidal Energy Project to help unlock Alaska’s tidal power potential, with the project receiving $3 million in U.S. Department of Energy (U.S. DOE
Business Developments & Projects
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Proteus Marine Renewables taps into govt-backed Alaska’s tidal power project

UK-based tidal energy company Proteus Marine Renewables (PMR) has joined the American Tidal Energy Project to help unlock Alaska’s tidal power potential, with the project receiving $3 million in U.S. Department of Energy (U.S. DOE) funding to evaluate Ocean Renewable Energy’s (ORPC’s) Cook Inlet sit

about 2 years ago
Statera Energy plans utility-scale green hydrogen project in UK
Business Developments & Projects

Statera Energy plans utility-scale green hydrogen project in UK

UK’s Statera Energy has submitted plans for a utility-scale green hydrogen project to be built in Aberdeenshire, Scotland.

about 2 years ago
Moray West Seaway7
Business Developments & Projects

Seaway7 wraps up cable work at 882 MW Moray West project

Seaway7 has finished the full engineering, procurement, installation, and commissioning (EPIC) work for the cables at the 882 MW Moray West offshore wind farm in Scotland. Seaway7 has installed 118 kilometers of 66 kV inter-array cables, linking the wind farm’s 60 turbines to two offshore substation

about 2 years ago
Rijeka Gateway
Business Developments & Projects

Croatia’s Rijeka Gateway terminal ready for renewable energy-powered future

The Rijeka Gateway terminal in Croatia, a joint venture between Danish shipping giant A.P. Moller-Maersk’s APM Terminals and Croatian investor Energia Naturalis (ENNA Group), has secured electricity from renewable energy sources to power the operations of its container terminal. The estimate is that

about 2 years ago
ExxonMobil, Helleniq Energy begin second phase of seismic research for gas
Business Developments & Projects

Greece: ExxonMobil, Helleniq Energy begin second phase of seismic research for gas

A consortium of ExxonMobil and Helleniq Energy has commenced the second phase of seismic research at a gas exploration block offshore the Greek island Crete, set to bring the partners toward the final decision for exploration drilling. State company Hellenic Hydrocarbons and Energy Resources Managem

about 2 years ago
main campus, NC State University
Business Developments & Projects

US researchers introduce software for enhancing marine hydrokinetic systems

US Researchers from North Carolina State University have developed a new modeling tool to help boost marine hydrokinetic projects by enhancing the design of ocean current turbines and providing risk assessments needed for permitting and insurance. According to the North Carolina State University, t

about 2 years ago
A large vessel at sea
Business Developments & Projects

Brazilian oil & gas player getting corporate overhaul

The board of directors of Brazilian oil and gas firm 3R Petroleum Óleo e Gás has approved the execution of the protocols and justifications for the merger of its wholly owned subsidiaries Enauta Participações and 3R Operações Offshore.

about 2 years ago
COSL Prospector rig; Source: Canarship
Business Developments & Projects

Norwegian oil & gas player cleared to deploy COSL rig for Barents Sea drilling activities

Vår Energi has received the all-clear from Norway’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations at three wells in the Barents Sea.

about 2 years ago
Isle of Man Ship Registry adds four new energy-efficient Berge Bulk vessels to fleet
Business Developments & Projects

Isle of Man Ship Registry adds four new energy-efficient Berge Bulk vessels to fleet

The Isle of Man Ship Registry (IOMSR) has registered four new energy-efficient Newcastlemax bulk carriers from Singapore-based dry bulk owner Berge Bulk.

about 2 years ago
HD Hyundai
Business Developments & Projects

HD Hyundai Heavy rolls out zero-carbon ammonia duel-fuel engine

South Korean shipbuilder HD Hyundai Heavy Industries has completed the model-based class approval testing for the ‘HiMSEN’ ammonia dual-fuel engine at its Engine Technology Center in Ulsan.

about 2 years ago
'Sizeable' subsea tieback development job lands on Subsea7's desk
Business Developments & Projects

‘Sizeable’ subsea tieback development job lands on Subsea7’s desk

Luxembourg-domiciled Subsea7 has secured yet another contract for work in the U.S. Gulf of Mexico, this time for a subsea tieback development with an undisclosed client. Under the contract defined as sizeable, meaning it is worth between $50 million and $150 million, Subsea7 is in charge of transpor

about 2 years ago
KCA Deutag
Business Developments & Projects

$900 million lands on KCA Deutag’s backlog for cross-geography drilling ops

KCA Deutag has landed multiple new onshore and offshore drilling assignments and extensions, spanning different continents, which expands its total backlog by $900 million.

about 2 years ago
UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Saba
Business Developments & Projects

Two companies seal deal to boost Sabah’s commercial diving ops

UAE-headquartered diving company PETRODIVE and Malaysia-based Seatech Engineering Maintenance have entered into a commercial collaboration agreement (CCA) to boost commercial diving operations in Sabah, Malaysia. The agreement, signed by PETRODIVE’s CEO, Stéphane Troté, and Seatech’s Managing Direc

about 2 years ago