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Business Developments & Projects

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Agreement signed for ‘world’s first’ biomass-fueled ship
Business Developments & Projects

Agreement signed for ‘world’s first’ biomass-fueled ship

Japanese companies NYK Line, NYK Bulk & Projects Carriers (NBP), Tsuneishi Shipbuilding and British renewable energy business Drax Group have signed a new memorandum of understanding (MoU) to develop the ‘world’s first’ biomass-fueled ship (bioship) and the technology that could power it.

about 2 years ago
PowerBuoy offshore New Jersey. Source: Ocean Power Technologies
Business Developments & Projects

Ocean Power Technologies approaches 15 MWh milestone in renewable energy production

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U.S.-based marine energy firm Ocean Power Technologies (OPT) has nearly hit 15 MWh of renewable energy production from its family of PowerBuoys (PBs) across the globe.

about 2 years ago
New ammonia terminal operations to be developed in Europe and America
Business Developments & Projects

New ammonia terminal operations to be developed in Europe and America

Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.

about 2 years ago
DFDS
Business Developments & Projects

DFDS to splurge €1B on battery electric ships for the Channel

DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.

about 2 years ago
Japanese start building UK's first HVDC cable factory
Business Developments & Projects

Japanese start building UK’s first HVDC cable factory

Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid. Sumitomo Electric held t

about 2 years ago
Depsea Yantai rig; Source: Neptune Energy
Business Developments & Projects

Polish oil & gas firm gearing up for drilling ops offshore Norway

PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.

about 2 years ago
ADNOC Drilling
Business Developments & Projects

With $1.7 billion in the bag, ADNOC Drilling creates new player to drill 144 unconventional oil & gas wells

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

about 2 years ago
CSL
Business Developments & Projects

CSL biofuel program makes a comeback

Canadian shipping company Canada Steam Ship Lines (CSL) has teamed up with compatriot fuel provider Canada Clean Fuels to power eight of its ships with North American-sourced B100 biodiesel.

about 2 years ago
Finder Energy's existing licenses in the UK North Sea; Source: Finder Energy
Business Developments & Projects

Australian firm gets its hands on two licenses in UK’s 33rd oil & gas round

The NSTA has offered Australia’s Finder Energy two licenses in the final tranche of Britain’s 33rd offshore licensing round.

about 2 years ago
Attendees collecting their badges at the entrance to Offshore Energy Exhibition and Conference 2023
Business Developments & Projects

Tickets now on sale for Offshore Energy Exhibition & Conference 2024

This is a press release from Navingo BV, the owner of Offshore Energy news site and the organizer of the annual Offshore Energy Exhibition & Conference in Amsterdam, the Netherlands. The registration period for Offshore Energy Exhibition & Conference 2024 (OEEC 2024) in Amsterdam is now open. Early-

about 2 years ago
Illustration of an offshore wind platform collaborative with wave energy technology
Business Developments & Projects

€2.5M investment program open for testing marine renewable energy technologies

Energiaren Euskal Erakundea / Ente Vasco de la Energía (EVE) has promoted an investment support program for the demonstration and validation of emerging marine renewable energy technologies that is open for applications until June 19, 2024.

about 2 years ago
Deepwater Gunashli platform; Source: BP
Business Developments & Projects

BP restarts oil production at offshore platform in Azerbaijan ahead of schedule

BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected.

about 2 years ago
Partners to develop, build and operate hydrogen-powered bulkers in Europe
Business Developments & Projects

Partners to develop, build and operate hydrogen-powered bulkers in Europe

Shipping company Maris Fiducia Norway has entered into cooperation agreements with maritime technology company HAV Hydrogen and hydrogen producer and distributor Norwegian Hydrogen to develop, build and operate hydrogen-powered dry-bulk vessels in Europe.

about 2 years ago
Surveys starting at UK-Netherlands multi-purpose interconnector
Business Developments & Projects

Surveys starting at ‘first-of-its-kind’ UK-Netherlands multi-purpose interconnector

Italy-headquartered Next Geosolutions is about to kick off a cable route survey in the UK for the LionLink multi-purpose interconnector that will connect the UK with the Netherlands. LionLink, being developed by the Dutch TenneT and the UK’s National Grid, will connect a Dutch offshore wind farm wit

about 2 years ago