Business Developments & Projects
Ocean Sun starts streamlining floating solar designs for offshore wind-linked project
Norwegian company Ocean Sun has started making design improvements to its floating solar units, based on the insights gained through real sea demonstration of the technology linked with offshore wind turbines in China.
Corsica Linea taps Wärtsilä for optimal performance of new LNG-fueled ferry
French ferry operator Corsica Linea has awarded a ten-year Guaranteed Asset Performance (GAP) agreement to technology group Wärtsilä to ensure optimal performance of power systems onboard its new LNG-fueled RoPax vessel. The 206-metre-long ship named A Galeotta was built at the Visentini yard in Ita
Study: Ammonia-powered ships set to ply West Australia-East Asia iron ore trade by 2028
Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti
Euronav CEO Hugo De Stoop steps down
In a surprising turn of events, the Supervisory Board of Belgian tanker major Euronav NV has announced the departure of CEO Hugo De Stoop with immediate effect, citing mutual agreement. The company said in a press release that the majority of the Supervisory Board supported the decision. The move co
Survey activities ramping up on Caledonia offshore wind farm site
Survey activities are ramping up at Ocean Winds’ Caledonia offshore wind farm site with a pair of floating LiDAR devices soon to be deployed in the Scottish waters. The wind farm’s developer, Ocean Winds, said it is laying the groundwork for its comprehensive Environmental Impact Assessment (EIA), a
Global OTEC starts testing scaled designs for PLOTEC project
UK company Global OTEC has started testing the scaled design of an ocean thermal energy conversion (OTEC) platform as part of the EU-funded PLOTEC project.
UK windfall tax hike stokes fears of a collapse in North Sea oil & gas investments
A lot of the money that was scheduled to go into the North Sea is being switched to the U.S. where oil and gas investments are booming.
SolarDuck sets up Norwegian floating solar base
Floating solar developer SolarDuck has opened an office in Norway, which will serve as the company’s global business development center.
Neptune hands out multi-year deal for drilling activities
Neptune Energy has awarded a long-term contract for drilling activities on the Norwegian Continental Shelf (NCS) to Tenaris.
Prysmian hires Solstad vessel for another 7 years
Solstad Offshore’s construction support vessel (CSV) Normand Pacific has secured a new contract with Italian cabling giant Prysmian for work within renewable energy. Prysmian Powerlink awarded Solstad with a new seven-year contract for the CSV. The contract is firm until 31 December 2030. In additio
Neptune Energy picks Dutch player for offshore ops in North Sea
WFR Oilfield Services has entered into an agreement with Neptune Energy for the provision of a wide range of well testing services.
Norwegian oil & gas field back in operation for 20 more years of production
Equinor has officially reopened a field in the Norwegian Sea for production after the platform and the FSO underwent extensive upgrades.
Sustainable Marine’s Canadian business goes bust over DFO permitting issues
Sustainable Marine Energy’s Canadian subsidiary has been placed into voluntary bankruptcy, citing permitting issues with Fisheries and Oceans Canada (DFO) as the main reason behind the development.
Correll to back Prysmian on Calvados offshore wind farm
The Correll Group has been awarded a contract from the Prysmian Group to provide support for the pull-in and installation of High Voltage Alternate Current (HVAC) export cables to the offshore substation platform for the Calvados offshore wind farm in France. Under the contract, the Correll Group wi