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Business Developments & Projects

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Three European countries planning to develop hybrid electricity interconnector
Business Developments & Projects

Plan unveiled for Europe’s first hybrid electricity interconnector between three countries

Belgium, Ireland and the UK have signed a joint statement to increase their cooperation on renewables and interconnection opportunities, as well as a letter of agreement on the development of what is said to be Europe’s first planned hybrid electricity interconnector between three countries. The joi

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business Developments & Projects

Yinson Production’s Brazil-bound FPSO reaches its destination

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An FPSO has come to Brazil, where anchoring operations are in progress to enable the unit to work at an oil field in the Santos Basin.

about 2 years ago
‘World’s first’ hydrogen-powered RTG crane starts commercial operations
Business Developments & Projects

‘World’s first’ hydrogen-powered RTG crane starts commercial operations

Japan’s Mitsui E&S and its U.S. subsidiary PACECO have announced the commencement of commercial operations of the “world’s first” hydrogen fuel cell-powered rubber-tyred gantry (RTG) crane, H2-ZE Transtainer crane, at the Port of Los Angeles.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business Developments & Projects

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
New solution recycles free seismic data to help wind farm developers
Business Developments & Projects

New solution recycles free seismic data to help wind farm developers

UK-headquartered Ocean Geophysics has introduced a solution that recycles and reprocesses freely available seismic data with the aim of helping developers reduce cost and risk when deciding which wind farms to bid for. In Europe and Australia, historical seismic data – for example from offshore oil

about 2 years ago
Cormorant Alpha topsides; Source: TAQA
Business Developments & Projects

AquaTerra rakes in seven-figure sum thanks to four decom gigs

The UK’s AquaTerra Group has won four deals for decommissioning projects, said to be valued in the million-dollar price range.

about 2 years ago
Cepsa picks PEM technology supplier for its Spanish green hydrogen project
Business Developments & Projects

Cepsa picks PEM technology supplier for its Spanish green hydrogen project

Cepsa has selected Siemens Energy for the supply of 100 MW of PEM electrolysis technology for green hydrogen production in Huelva, southern Spain.

about 2 years ago
Claire Mack, CEO of Scottish Renewables at stage
Business Developments & Projects

Scottish Renewables CEO: Marine energy industry will play key role in UK energy system

The Chief Executive Officer (CEO) of Scottish Renewables has commented on the marine energy sector’s progress toward commercialization, explaining that the marine energy industry will play a key role in the UK energy system.

about 2 years ago
Deltamarin and ECOLOG present LNG dual-fuel LCO2 carrier design
Business Developments & Projects

Deltamarin and ECOLOG present LNG dual-fuel LCO2 carrier design

Deltamarin and ECOLOG have unveiled a short-range, low-pressure liquified CO2 (LCO2) carrier design with LNG dual-fuel propulsion.

about 2 years ago
Ocean BlackHawk drillship; Source: Diamond Offshore
Business Developments & Projects

Diamond Offshore drillship staying in Gulf of Mexico for two more years

Diamond Offshore has found more work for one of its drillships with Anadarko, prolonging the rig’s drilling assignment in the U.S. Gulf of Mexico.

about 2 years ago
Under new CEO, Prysmian makes solid start to 2024
Business Developments & Projects

Under new CEO, Prysmian makes solid start to 2024

Following an “outstanding” 2023, Italian cabling giant Prysmian has made a solid start to 2024, reporting a net profit of €190 million for the first quarter of the year, compared to €187 million in the first three months of the prior year. Group sales amounted to €3,687 million, with a -5.6% organic

about 2 years ago
Noble Voyager drillship; Source: Noble Corporation
Business Developments & Projects

Another oil & gas find for Petronas and ExxonMobil offshore Suriname

Petronas and ExxonMobil have made another hydrocarbon discovery at an exploration well in Block 52 offshore Suriname.

about 2 years ago
floating solar platform standing on calm water
Business Developments & Projects

Oceans of Energy launches floating solar farm in Belgium

Dutch offshore solar company Oceans of Energy has completed the North Sea Three (NS3) floating solar farm in the port of Oostende, Belgium.

about 2 years ago
K Line completes its first trial use of marine B100 biofuel on car carrier
Business Developments & Projects

K Line completes its first trial use of marine B100 biofuel on car carrier

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed its first trial use of marine B100 biofuel on the car carrier Apollon Highway.

about 2 years ago