Business Developments & Projects
Canadian FPSO on track to return to home waters before year-end
Suncor has revealed that the Terra Nova life extension project is making progress and the FPSO is expected back in Canada by the end of 2022.
Port of Milford Haven starts modernization works to accommodate marine renewables industry
Port of Milford Haven has broken ground on key phase of Pembroke Port’s modernization project, whose aim is to adapt the port infrastructure to the needs of the growing marine renewable energy industry in the region.
STR invests £1 million in new centre of excellence
Subsea Technology and Rentals (STR) has launched its global technology and innovation centre of excellence after investing £1 million (around $1.2 million) into the facility to support its growth plans. Located in Great Yarmouth, the facility will be the base of the business’ standalone technology a
EMEC collects funding for green hydrogen logistics
The European Marine Energy Centre (EMEC) has been awarded over €500,000 to secure two hydrogen tube trailers that will contribute towards the improved hydrogen supply in Orkney.
Concordia Maritime: Tanker to containership conversion project put on hold
Swedish tanker shipping company Concordia Maritime has decided to put on hold the project that has been exploring the feasibility of converting a tanker into a containership.
Floating solar start-up goes after seed money
French start-up HelioRec has opened a seed funding round, whose proceeds will be used to further advance its floating solar technology and business.
Fugro, OICL look into standardised offshore control system for safe remote ops
Fugro and the Ocean Industries Concept Lab (OICL) at Oslo School of Architecture and Design have teamed up to explore ways to harmonise maritime design by integrating digital innovation in next-generation workplaces for safe remote operations. Fugro and OICL have been looking into the application of
Mermaid, EXCEED gearing up for ‘landmark’ P&A campaign in North Sea
Mermaid Subsea Services (UK) Ltd and its partner EXCEED Energy are awaiting the arrival of DP2 construction vessel Olympic Challenger to kick off a landmark multi-operator vessel-based plug and abandonment (P&A) campaign in the North Sea. According to a social media update, the Olympic Challenger wi
Maersk, Port of Aberdeen to explore building offshore vessel charging hub
Maersk’s offshore charging company, Stillstrom, and Port of Aberdeen have signed a memorandum of understanding (MOU) to perform a joint feasibility study into a charging hub that would use offshore wind or other renewable energy source to power vessels on standby outside the port. Running until the
Rystad: 2022 high-impact oil & gas drilling activity on track to yield ‘one of the most productive annual volumes’
Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.
Exowave and Semco Maritime form strategic partnership for wave energy
Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.
Equinor faces fierce opposition over plans for seismic campaign in Argentine Sea
Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.
New materials and manufacturing processes as stepping stone for marine energy commercialization
US Department of Energy (DOE) has released a summary report featuring insights of more than 100 participants of the workshop that analyzed the potential of new materials and manufacturing processes to accelerate the commercialization of marine energy.
SolarDuck’s offshore floating solar array aces LiR NOTF tests
Dutch floating solar specialist SolarDuck has tested its floating solar array model at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies.