Business Developments & Projects
OceanEnergy completes tank trials of scaled OE35 wave energy device
Irish company OceanEnergy has concluded the latest round of tank testing of its scaled OE35 wave energy device model at Lir-National Ocean Test Facility (Lir NOTF) as part of the WEDUSEA project.
LR, Icebreaker One launch research project to drive investment in net-zero shipping
Lloyd’s Register (LR) has announced a new research project with Icebreaker One, an independent, non-profit organisation that aims to support the decarbonisation of shipping by influencing investment decisions with data.
World’s biggest maritime cargo carriers join Safetytech accelerator
Some of the world’s biggest maritime cargo carriers are joining forces with the world’s first industrial safety technology accelerator to launch an innovation initiative to reduce cargo loss at sea. The companies joining the accelerator are Evergreen Line, HMM, Maersk, the Offen Group, Ocean Network
UK company plans multi-connection offshore substations for Celtic Sea floating wind
Celtic Sea Power (CSP) has launched a tender for offshore survey services that would inform its project off Pembrokeshire, where CSP plans to build one or two multi-connection offshore substations to support the deployment and grid-connection of floating offshore wind in the Celtic Sea. Under the te
New cross-border carbon storage project to explore potential for ship transport and industrial clusters across Europe
Neptune and CapeOmega have announced a project concept for a cross-border CO₂ storage development for industrial emitters across Europe.
Scana company scores contract with ‘international subsea’ firm
Scana-owned PSW Technology has entered into an agreement with an undisclosed international subsea customer for deep-water blowout preventer (BOP) stack services.
Samsung Heavy taps GTT for tank design of LNG carrier duo
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new LNG carriers. GTT will design the tanks of the two vessels, and each will offer a total cargo capacity of 174,000 m3. The tanks will be
Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023
Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.
IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions
Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.
DOF’s high-end subsea vessel to stay busy until 2025
DOF Subsea has received a contract extension from an undisclosed client for its subsea construction and equipment installation vessel Skandi Africa.
Seismic surveys for gas exploration offshore Greece reach finish line
A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T
Enagás meets 2022 targets, boosts its 2030 strategic plan
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
Norway sees lower oil and higher gas output in January
Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.
EU-SCORES: Win-wins of offshore energy multi-use parks
The Dutch Marine Energy Centre (DMEC) and the EU-SCORES project partners have recently held a two-day stakeholder engagement event on energy multi-use parks at the Marine Energy Hub in the Hague, spotlighting the benefits of combining different offshore renewable energy sources at one site.