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Business Developments & Projects

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From Poland to Netherlands: Hull of N-Sea’s new cable layer launched (Gallery)
Business Developments & Projects

From Poland to Netherlands: Hull of N-Sea’s new cable layer launched (Gallery)

Dutch shipbuilder and designer Neptune Marine has launched the hull of the dual-fuel cable installation and repair vessel destined for compatriot N-Sea Group. The hull of the 100-meter-long cable-laying vessel (CLV) Altera hit the water last weekend, starting its journey from the shipyard in Poland

about 8 months ago
FPSO Petrojarl I; Source: Tenerife Shipyards
Business Developments & Projects

WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia

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A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia.

about 8 months ago
Swedish tidal energy developer makes move into Iceland
Business Developments & Projects

Swedish tidal energy developer makes move into Iceland

Swedish tidal energy developer Minesto has signed a memorandum of understanding (MoU) with Haf-Afl, an Iceland-based ocean energy site developer specializing in the identification, assessment and development of marine energy projects, to pursue entry into the Icelandic market. ”This is a textbook ex

about 8 months ago
Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’
Business Developments & Projects

Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’

Italian cabling giant Prysmian has been confirmed as the supplier of the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland and England. Prysmian has won a £2 billion (over €2.3 billion) contract with SP Energy Networks and Na

about 8 months ago
Eagle Explorer
Business Developments & Projects

Cyprus-flagged vessel stays in Western Hemisphere for another three months

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its vessel Eagle Explorer in the Western Hemisphere. The company reported the new contract for Eagle Explorer in the Western Hemisphere in September 2025, with a firm dura

about 8 months ago
Maritime industry gets its first guidance notes for onboard hydrogen generation
Business Developments & Projects

Maritime industry gets its first guidance notes for onboard hydrogen generation

Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance notes for onboard hydrogen generation, as a response to growing interest from shipowners, yards and technology developers in producing hydrogen onboard using alternative fuels such as LNG, methanol a

about 8 months ago
Bristow has been awarded a new long-term contract for two S-92 passenger transport helicopters and one S-92 search and rescue (SAR) helicopter based in Hammerfest; Source: Bristow Norway
Business Developments & Projects

Norwegian oil & gas duo hands out multimillion-dollar helicopter gig to Bristow

Offshore aviation services provider Bristow Group has landed a multi-year assignment with Norway’s state-owned energy giant Equinor and its compatriot Vår Energi for helicopter transportation and search and rescue (SAR) services in support of operations on the Norwegian Continental Shelf (NCS).

about 8 months ago
TGS signs deal in Libya for multi-client data activities
Business Developments & Projects

TGS signs deal in Libya for multi-client data activities

Norwegian energy data and intelligence company TGS has signed a letter of intent (LoI) with a subsidiary of Libya’s National Oil Corporation (NOC) for the expansion of multi-client data activities in Libya. The deal, signed with North Africa Geophysical Company (NAGECO), is said to establish a frame

about 8 months ago
Edvard Grieg platform; Source: Aker BP
Business Developments & Projects

First oil gushes out of subsea tie-back project in North Sea

Norwegian oil and gas player Aker BP has brought online a subsea development tied back to an existing platform in the North Sea off the coast of Norway.

about 8 months ago
Second Berge Bulk vessel sports Anemoi rotor sails
Business Developments & Projects

Second Berge Bulk vessel sports Anemoi rotor sails

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding rotor sails on a second vessel owned by Singapore-based shipping company Berge Bulk. The rotor sails, 5 meters wide and 35 meters tall, were installed on the 208,000 DWT Newcastlemax

about 8 months ago
From left: Hans Fredrik Lindøen-Kjellnes, CEO Eld Energy, Koichi Matsumiya, CTO of MODEC, and Charles Tsai, General Manager of Delta’s Hydrogen; Source: Delta
Business Developments & Projects

Trio paving the way for hydrogen adoption in FPSO and maritime power sphere

Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and offloading (FPSO) vessel

about 8 months ago
Minesto awarded funding to speed up tidal energy development in Taiwan
Business Developments & Projects

Minesto awarded funding to speed up tidal energy development in Taiwan

Swedish tidal energy developer Minesto has secured grant funding from the Swedish Energy Agency (SEA) that will be used to accelerate its market development in Taiwan. Thanks to the €24,000 grant funding awarded through the Global Innovation Accelerator (GIA) program, Minesto aims to secure investme

about 8 months ago
3 GW Egypt-Greece interconnector receives €9.56M grant for further studies
Business Developments & Projects

3 GW Egypt-Greece interconnector receives €9.56M grant for further studies

The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfe

about 8 months ago
Floatel Superior; Source: Floatel International
Business Developments & Projects

All systems go for Aker BP to deploy Floatel’s vessel offshore Norway

Norwegian oil and gas operator Aker BP has received the green light to use one of Floatel’s semi-submersible support vessels at a field off the coast of Norway.

about 8 months ago