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Business Developments & Projects

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Normand Ocean
Business Developments & Projects

Solstad vessel to keep sailing with DeepOcean in 2027, instead of work with Prysmian

A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill

about 11 months ago
New biomass-to-biomethanol project in California advances
Business Developments & Projects

New biomass-to-biomethanol project in California advances

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OroCarbo has selected Haffner Energy’s renewable syngas solution, SYNOCA, for integration into a 100-tonne/day biomass-to-biomethanol project in California, using Maverick Synfuels’ syngas-to-methanol conversion technology.

about 11 months ago
Les Ilots Blandin floating solar farm, France. Copyright: Romain Berthiot
Business Developments & Projects

Spanish firm acquires ‘Europe’s largest’ floating solar plant

Spain-based Velto Renewables has completed the acquisition of what is described as “Europe’s largest” 74.3 MWp Les Ilots Blandin floating solar power plant from renewable energy developer Q Energy, becoming the sole owner of the facility located in Perthes, Haute-Marne, France. The company previousl

about 11 months ago
Audacia
Business Developments & Projects

France’s Audacia launches €150M fund dedicated to next-gen fuels

France-based growth equity firm Audacia has launched Calderion, a €150 million fund dedicated to next-generation fuels such as low-carbon hydrogen, CO2 capture, and e-fuels.

about 11 months ago
Appraisal well was drilled by COSL Prospector rig; Source: COSL
Business Developments & Projects

Vår Energi hits bullseye with Barents Sea appraisal well

Norwegian oil and gas player Vår Energi has confirmed an oil discovery made in the Barents Sea using a semi-submersible rig from COSL’s fleet.

about 11 months ago
MSC Cruises
Business Developments & Projects

MSC Cruises and Chantiers de l’Atlantique shake hands on €3.5B deal for new LNG-fueled World Class duo

MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has signed a ‘massive’ shipbuilding order with France-based Chantiers de l’Atlantique for the construction of two more liquefied natural gas (LNG)-powered World Class-series units. As disclosed, the order—worth a whopping €3.5 billi

about 11 months ago
One of Solstad’s largest CSVs fully commited until end of 2027
Business Developments & Projects

One of Solstad’s largest CSVs fully commited until end of 2027

One of the largest construction support vessels (CSVs) in the Solstad fleet has won a contract award that will keep it fully committed until the end of 2027. As Solstad Maritime (SOMA) reported, the CSV Normand Sentinel secured the award with an international subsea contractor for operations worldwi

about 11 months ago
CMA CGM
Business Developments & Projects

Franco-German maritime relations strengthened as CMA CGM takes stake in EUROGATE Hamburg terminal

French shipping and logistics giant CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH).

about 11 months ago
DeepOcean nets subsea contract to extend life of Equinor’s field operating since 1992
Business Developments & Projects

DeepOcean nets subsea contract to extend life of Equinor’s field operating since 1992

Norway’s state-owned oil & gas giant Equinor has awarded DeepOcean with a contract for subsea construction and installation activities for a project that aims to extend the production life of an oil & gas field operational since 1992. DeepOcean’s scope of work includes the installation of a subsea s

about 11 months ago
CETO technology
Business Developments & Projects

Australian firm secures milestone payment under EuropeWave contract

Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in

about 11 months ago
Fulmar Explorer
Business Developments & Projects

2009-built source vessel to spend more time in Western Hemisphere

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its source vessel for work in the Western Hemisphere. The three-month contract extension for the 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will

about 11 months ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd’s fleet to be enriched with 14 methanol dual-fuel units

German container shipping heavyweight Hapag-Lloyd has placed firm orders at two yards based in China for the construction of at least fourteen methanol dual-fuel container vessels. According to data released by Greece-based shipbroker Intermodal, Hapag-Lloyd has tapped Taizhou Sanfu Ship Engineering

about 11 months ago
Ocean Infinity to perform geotechnical survey for UK’s fifth subsea electricity superhighway
Business Developments & Projects

Ocean Infinity to perform geotechnical survey for UK’s fifth subsea electricity superhighway

Marine robotics company Ocean Infinity is set to begin a geotechnical survey later this month for Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England. The marine survey activities for the 2 GW EGL5 are expected to commence on November 23

about 11 months ago
Source: Weco
Business Developments & Projects

Weco secures support to advance scalable wave energy solutions

The Hague-based Wave Energy Collective (Weco) has raised €600,000 to accelerate the development and testing of its modular wave energy technology. According to Weco, the investment comes from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power, and Cyriel de Jong. The company said t

about 11 months ago