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Business Developments & Projects

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SafeWAVE project bolsters ocean energy data platform
Business Developments & Projects

SafeWAVE project bolsters ocean energy data platform

MARENDATA, formerly supported by EU projects like SOWFIA, WESE, and SeaWAVE, continues to expand its data sets through the SafeWAVE initiative. It retains all existing datasets while introducing new ones.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Business Developments & Projects

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

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about 2 years ago
Australian duo eyes ammonia bunkering business opportunities
Business Developments & Projects

Australian duo eyes ammonia bunkering business opportunities

Hexagon Energy Materials has signed an MoU with Oceania Marine Energy regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.

about 2 years ago
NKT performs remediation work at 12-year-old Irish Sea interconnector
Business Developments & Projects

NKT performs remediation work at 12-year-old Irish Sea interconnector

Denmark’s NKT has completed inspection survey and remediation work on an interconnector that has been linking the electricity transmission grids of Ireland and Great Britain for twelve years. The specialized inspection and remediation work on the East West HVDC interconnector (EWIC) allows the owner

about 2 years ago
Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Business Developments & Projects

Equinor and Petoro swap assets in Norwegian waters

Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

about 2 years ago
Technical due diligence wraps up for what will be world's longest HVDC subsea cable
Business Developments & Projects

Technical due diligence wraps up for what will be world’s longest HVDC subsea cable

Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn

about 2 years ago
Tahkoluoto, Finland's first commercial offshore wind farm, photographed from a vessel
Business Developments & Projects

Finnish developer probing seabed at extension site of world’s first offshore wind farm in freezing conditions

Suomen Hyötytuuli has performed test dredging at the site of the Tahkoluoto offshore wind farm extension project, where the company plans to build a 600+ MW expansion to the existing 44.3 MW offshore wind farm, the world’s first built and operating in frozen sea conditions. The test dredging was car

about 2 years ago
Illustration; Source: Petronas
Business Developments & Projects

Petronas takes steps to unlock more hydrocarbons in Indonesian waters

Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

about 2 years ago
ABS
Business Developments & Projects

ABS, HD KSOE and HD HHI team up on MVDC power systems for ships

American class society ABS and South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its affiliate HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to collaborate on the technical feasibility of medium-voltage direct current (MVDC) power syste

about 2 years ago
Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
Business Developments & Projects

Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says

The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.

about 2 years ago
Illustration; Source: Petrobras
Business Developments & Projects

Petrobras sets its cap on 14 new FPSOs by 2028 but decarbonization bells and whistles are a must for all

Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.

about 2 years ago
Under 'significant' contract, TechnipFMC to deliver fully integrated project for Australian energy giant
Business Developments & Projects

Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

about 2 years ago
AHTS Siem Emerald; Source: Siem Offshore
Business Developments & Projects

Norwegian shipping player’s vessel going to South America

Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.

about 2 years ago
Illustration; Source: Soiltech
Business Developments & Projects

Norwegian firm wins work on semi-sub offshore Mauritania

Norway-based cleantech service provider Soiltech has landed a new contract with Tullow Oil for operations off the coast of Mauritania.

about 2 years ago