Business Developments & Projects
Mocean Energy secures patent for its wave energy technology in China
Scottish company Mocean Energy has secured patent protection for its floating hinged raft wave energy technology in China.
CRP Subsea changes hands
UK-headquartered AIS has acquired CRP Subsea as part of its growth strategy and with the aim of expanding its range of subsea offerings. Based in Skelmersdale, England, CRP Subsea, formerly Trelleborg Offshore UK, delivers polymer and syntactic foam-based buoyancy and protection products for the off
Maritime sector teams up with hydrogen leaders to scale up green hydrogen production
Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca
Probe underway after worker suffers ‘serious injury’ on jack-up rig
Norway’s safety regulator is investigating an incident involving “serious personal injury” on a jack-up rig, working in the North Sea.
Bluestone to install air lubrication on two Princess Cruises ships
Bluestone Group, a specialist construction company based in the UK, has won a contract from Princess Cruises to install Silverstream Air Lubrication System (ALS) on two cruise ships, Sky Princess and Enchanted Princess. The latest contracts come on the back of the successful installation of the ALS
Ocean Sun boosts third quarter revenues
Norwegian floating solar company Ocean Sun has reported an increase in revenues for the third quarter of the fiscal year 2022, as opposed to the same period a year earlier.
Norwegian seismic company gets another North Sea call
Norwegian seismic company Magseis Fairfield has signed an agreement with a repeat customer for a 4D ocean bottom node (OBN) project in the North Sea. The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately one month. Activities will see the utiliza
First power flows from world’s largest floating offshore wind farm
First power has been produced from the first turbine at Equinor’s Hywind Tampen floating offshore wind farm in the Norwegian part of the North Sea. The power from the first turbine, which was installed in June, was delivered to the Gullfaks A platform in the North Sea on 13 November. The Hywind Tamp
GT Green Technologies says on-the-water prototype of its wind propulsion tech coming soon
UK-headquartered wind propulsion specialist GT Green Technologies has won grant funding as part of this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) launched by the UK’s Department of Transport. The company said that it would use the funding to further develop and launch its propr
UK player seeking partners for assets offshore Morocco and Ireland
UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas is continuing the farm-out processes of two licenses respectively located offshore Morocco and Ireland. In Morocco, Europa said it is continuing the farm-out process of the Inezgane license in the Agadir Basin, which represents a “
US company invests in TECO 2030 zero-emission fuel cell projects
Norway’s cleantech company TECO 2030 has received a NOK 100 million (approximately $10 million) investment from US-based SunHydrogen, a developer of technology that uses sunlight and any source of water to make renewable hydrogen. Currently under development, SunHydrogen’s technology utilizes a nano
OEUK: Raising windfall tax could put oil & gas investments at risk and undermine UK’s energy security
Offshore Energies UK (OEUK) has warned that the windfall ‘supertax’ proposal risks driving out oil and gas investments from the UK waters.
Sallaum Lines orders LNG-fueled RoRo pair
Global RoRo shipping company Sallaum Lines has placed an order with China’s Fujian Mawei Shipbuilding for the construction of two dual-fuel LNG 7500 Pure Car and Truck Carriers (PCTC). The ships will have a total length of 199.9 meters, a molded width of 38 meters, a molded depth of 14.8 meters, and
In focus: Eye on sustainability at COP27 amidst geopolitical tensions
During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris rul