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Business Developments & Projects

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Croatia
Business Developments & Projects

Croatia’s coast to see development of hybrid energy-based floating dock

A construction contract for a hybrid floating dock at the Iskra Shipyard in the Croatian town of Šibenik has been signed under what is claimed to be the “largest investment plan” for the sector in the region. As disclosed, the €30 million (around $34.5 million) agreement regarding the building of th

about 11 months ago
DeepOcean
Business Developments & Projects

DeepOcean answers subsea oil & gas tie-back call in UK waters

Norwegian ocean services provider DeepOcean has been hired for a subsea tie-back assignment related to a hydrocarbon field development on the UK Continental Shelf (UKCS).

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about 11 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

One-year encore for Odfjell Drilling’s rig with Norwegian oil & gas operator

Odfjell Drilling, a 52-year-old offshore drilling player, has secured a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is on a drilling assignment on the Norwegian Continental Shelf (NCS).

about 11 months ago
Spie Dogger Bank C
Business Developments & Projects

DEME awards Dogger Bank cable termination & testing contract

DEME has awarded SPIE Wind Connect, a subsidiary of SPIE, a contract for the full scope of cable termination and testing works on Dogger Bank C, the third phase of the 3.6 GW Dogger Bank offshore wind project in the UK. Under the agreement, SPIE Wind Connect will carry out 66 kV inter-array cable te

about 11 months ago
HMM
Business Developments & Projects

HMM, BGN unit form LPG shipping JV

HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.

about 11 months ago
The final countdown: Preparing for OEEC 2025
Business Developments & Projects

The final countdown: Preparing for OEEC 2025

[PRESS RELEASE BY NAVINGO BV] The energy is rising as we enter the final countdown to the 18th edition of the Offshore Energy Exhibition & Conference (OEEC), taking place on 25–26 November at RAI Amsterdam. In less than one week, thousands of professionals from across the offshore energy sector will

about 11 months ago
Seapiper vessel; Courtesy of Boskalis
Business Developments & Projects

Boskalis’ subsea rock installation vessel kicks off its first European gig with Equinor

Dutch offshore services provider Boskalis has embarked on a mission to slide into place many tens of thousands of tons of rock for Norway’s state-owned energy giant Equinor in the North Sea, using a subsea rock installation vessel, which previously worked mostly in Taiwan and Australia.

about 11 months ago
Hapag-Lloyd’s future-proof 16,800 TEU boxships to feature TMC technology
Business Developments & Projects

Hapag-Lloyd’s future-proof 16,800 TEU boxships to feature TMC technology

Norway’s TMC Compressors has been selected to supply a complete compressed air system for a dozen alternative fuel-ready containerships being constructed for German shipping titan Hapag-Lloyd in China. As disclosed, China’s Jiangsu New Yangzi Shipbuilding is currently building the twelve 16,800 TEU

about 11 months ago
Illustration; Source Shell
Business Developments & Projects

Shell halves its stake in UK gas discovery as Ithaca comes aboard

Ithaca Energy, a North Sea oil and gas operator and producer, has put the wheels in motion to acquire a non-operated stake from Shell UK, a subsidiary of the UK-headquartered energy giant Shell, in a gas discovery located West of Shetland, about 175 kilometers northwest of the Shetland Isles.

about 11 months ago
Transocean Barents rig; Source: OMV Petrom
Business Developments & Projects

Transocean rig trio staying longer in South America and Europe

Transocean, an offshore drilling giant, has lined up more work off the coasts of Brazil, Norway, and Romania for one of its drillships and two semi-submersible rigs.

about 11 months ago
NKT Beatrice
Business Developments & Projects

NKT completes Beatrice export cable repair, 588 MW offshore wind farm returns to full capacity

NKT has completed a turnkey repair of one of the 220 kV high-voltage AC subsea export cables connecting the Beatrice offshore wind farm in the Scottish Moray Firth to the Aberdeenshire coast. In April 2025, an unplanned transmission outage occurred on one of two of Beatrice’s Transmission Capital Pa

about 11 months ago
BASF and ExxonMobil to advance methane pyrolysis technology for low-emission hydrogen
Business Developments & Projects

BASF and ExxonMobil to advance methane pyrolysis technology for low-emission hydrogen

German chemical company BASF and U.S. energy major ExxonMobil have signed a joint development agreement to co-develop methane pyrolysis technology for low-emission hydrogen.

about 11 months ago
Sonardyne adds another task to its contract for UK’s first offshore CCS project
Business Developments & Projects

Sonardyne adds another task to its contract for UK’s first offshore CCS project

Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough

about 11 months ago
New anchor project could lower costs for floating wind and wave energy
Business Developments & Projects

New consortium sets sights on smarter anchoring for floating wind and wave energy

The Netherlands-based Dieseko Group and Swedish wave energy developer CorPower Ocean have formed a consortium to launch VibroDrive+, a research project aimed at advancing offshore anchor technology through improved design and installation methods. Backed by €400,000 in Eureka Eurostars funding, the

about 11 months ago