Business Developments & Projects

Amogy forms technology and engineering partnership with W-Industries
Amogy has signed a memorandum of understanding (MoU) with W-Industries to examine opportunities for technology and engineering collaboration.

Ocean Harvesting raising €500K for InfinityWEC design update ahead of sea trials
Ocean Harvesting is raising €500,000 for a design improvement of the InfinityWEC wave energy converter and preparation for sea trials. New investors are invited to join a €500,000 financing round for the 2024 activities, split into €120,000 for April–June and €380,000 for the rest of the year. Sinc

Assignment for Golden Energy Offshore vessel prolonged
Norwegian vessel owner and operator Golden Energy Offshore Services has secured a contract extension for a multi-purpose support vessel.

Norwegians to build ‘first of its kind’ energy subsea construction vessel
Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R

Fire breaks out at offshore platform leaving five dead and one missing
Based on most recent reports, the fire incident at a platform offshore Gabon has resulted in five deaths while one person is still missing.

Finland’s Hamina LNG terminal hosts first-ever ship bunkering
Hamina LNG terminal, located in Southeastern Finland, at the port of Hamina (Baltic Sea), has, for the first time ever, served as a ship bunkering site.

‘Historic first’ for Port of Savannah as Stena Provident completes methanol bunkering
Port of Savannah witnessed its first-ever methanol bunkering completed by Proman Stena Bulk’s methanol-fueled tanker Stena Provident.

Angola-bound FPSO tucks new construction milestone under its belt – gallery
Azule Energy has welcomed the progress made in the construction of an FPSO, which is destined to operate off the coast of Angola.

Germany and Namibia agree to bolster hydrogen partnership
German Federal Minister of Economics Robert Habeck and Namibia’s Energy Minister Tom Alweendo have agreed to deepen the countries’ hydrogen partnership.

Irish company gets patent in India for its hydrokinetic turbine
Ireland-headquartered GKinetic Energy has secured a patent in India for its hydrokinetic turbine, representing the tenth patent awarded to the company. GKinetic announced it had a patent granted in India covering its accelerator and water turbine assembly design. Indian Patent No. 508411 is said to

Oman LNG and Germany’s SEFE finalize LNG supply deal, eye hydrogen cooperation
SEFE and Oman LNG have finalized a sale and purchase agreement (SPA) for 0.4 million tonnes per annum (mtpa) of LNG.

Equinor contracts Optime Subsea for ROCS deployment at Irpa field
Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the operator’s Irpa field. Equinor’s latest award follows just three months after the company procured ROC

GMS inks new deal amid stable vessel demand across markets
Gulf Marine Services (GMS) has signed the first of a two phase, multi-year, contract for one of its vessels in the Middle East.

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.