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Business Developments & Projects

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Marine EnergyTidal & Wave EnergyOperations & MaintenanceResearch & DevelopmentTechnologySubseaSurveys & InterventionsVessels & VehiclesBusiness & FinanceProject & TendersVesselsAmmoniaClean FuelGreen MarineShipbuildingCertification & ClassificationCollaborationInfrastructureInnovationOutlook & StrategyRegulation & PolicyFossil EnergyOil & GasRigsExploration & ProductionSeismicAlternative FuelsPropulsionLow-Carbon TransitionTransitionCablingMethanolOffshore WindEquipmentVisionFPSO & VesselsLiquefied Natural GasAuthorities & GovernmentRules & Regulation
Giant yellow wave technology carried on a truck representing Symphony Wave Power's Dry Testing
Business Developments & Projects

Symphony Wave Power’s dry testing to pave the way for sea trials

Netherlands-based Symphony Wave Power has approached dry testing, which is the next stage of its wave power technology validation program. In the forthcoming months, Symphony Wave Power will set up and conduct the dry test at the Harsveld Apparatenbouw BV facilities in Gemeente Velsen. This step wil

about 2 years ago
Havila vessel stays with Reach Subsea on improved terms
Business Developments & Projects

Havila vessel stays with Reach Subsea on improved terms

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Norway-headquartered Reach Subsea has exercised the option to extend the contract for one of Havila Shipping’s inspection, maintenance, and repair (IMR), survey, and construction vessels, on improved terms than previously agreed. Reach Subsea has entered into an agreement with Havila Shipping to ext

about 2 years ago
ammonia
Business Developments & Projects

New ammonia-fueled 3,500 TEU ship design wins AiP

Classification societies ABS and Lloyd’s Register (LR) have awarded Approval in Principle (AiP) to a new ammonia-fueled 3,500 TEU container feeder vessel design.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Business Developments & Projects

Appraisal ops uplift recoverable reserves at field offshore Gabon

BW Energy has confirmed a boost in recoverable reserves at a field in the Dussafu license off the coast of Gabon.

about 2 years ago
PGS' GeoStreamer 3D spread mapping a natural gas exploration area with available pipeline capacity across open blocks.
Business Developments & Projects

PGS expands seismic operations in Northern hemisphere

PGS has taken over the work on the Norwegian Sea GeoStreamer X survey, providing more coverage and understanding of this area.

about 2 years ago
Repeat client brings SeaBird's backlog to combined 33 months of OBN source work
Business Developments & Projects

Repeat client brings SeaBird’s backlog to combined 33 months of OBN source work

Cyprus-headquartered seismic firm SeaBird Exploration has secured a contract with a repeat client that will take its seismic research vessel Eagle Explorer to the Western Hemisphere. The duration of the contract is six months, including options to extend by another 6+6 months. Mobilization has start

about 2 years ago
Wärtsilä joins RINA, Gas and Heat for ammonia-fueled bunkering vessel project
Business Developments & Projects

Wärtsilä joins RINA, Gas and Heat for ammonia-fueled bunkering vessel project

RINA, Gas and Heat, and Wärtsilä have signed an agreement to develop a bunkering vessel specially designed to deliver and operate on green ammonia fuel.

about 2 years ago
EU flag; Source: Council of Europe
Business Developments & Projects

EU’s natural gas demand in 2023 hits lowest level in 15 years

The demand for natural gas in the EU has taken a downturn for the second year in a row, reaching the lowest level since 2008.

about 2 years ago
Main suppliers revealed for NKT's new cable layer as it gets its name
Business Developments & Projects

Main suppliers revealed for NKT’s second cable layer as it gets its name

Denmark-based power cable manufacturer and installation company NKT has named its new cable laying vessel (CLV) NKT Eleonora, meaning shining light. According to NKT, the name is a reference to the company’s central position in transmitting power through its cable solutions and to the bright future

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Shell gives Deltic more time to secure funds for its share of appraisal costs at North Sea discovery

Deltic Energy has managed to obtain additional time to ensure that its share of costs will be secured for the appraisal of a discovery in the North Sea.

about 2 years ago
FPSO Johan Castberg; Source: Equinor
Business Developments & Projects

WATCH: Massive newbuild FPSO embarking on sea trials before starting its Barents Sea gig

Equinor has disclosed the departure of its giant new floating production, storage, and offloading (FPSO) vessel from Aker Solutions’ Stord yard.

about 2 years ago
OPEC
Business Developments & Projects

OPEC+ stretches production cuts into 2025 but presents timeline to ease off oil curbs later on

With geopolitical challenges and economic uncertainties at the forefront, OPEC+ will prolong production cuts into 2025 to prop up oil markets.

about 2 years ago
Freeport LNG
Business Developments & Projects

JERA’s partial stake in US LNG project going to JAPEX

JERA has decided to offload a partial interest in an LNG export project located in the United States (U.S.) to optimize its asset portfolio.

about 2 years ago
Planning consent issued for solar methanol plant in Port Augusta
Business Developments & Projects

Planning consent issued for solar methanol plant in Port Augusta

Solar Methanol 1 (SM1), the proposed solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia, has received planning consent.

about 2 years ago