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Business Developments & Projects

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ZOEX's wave energy converter (WEC) technology. Source: ZOEX
Business Developments & Projects

Zoex Power completes third phase of wave energy trials (Video)

Aberdeen-based Zoex Power has concluded Phase III of its (Ordu) project, having collected three months of data and achieved technology readiness level (TRL) 7, with no incidents. The company said it retrieved the acoustic doppler current profiler (ADCP) from the seabed and lifted the arm, marking th

about 11 months ago
Orlen Baltic East seabed surveys
Business Developments & Projects

Preliminary seabed surveys completed at Orlen’s Baltic East site offshore Poland

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Preliminary seismic and geotechnical surveys of the seabed have been completed at the Baltic East offshore wind farm site in the Polish Baltic Sea. Preliminary seabed surveys for the Baltic East project began at the end of June and lasted over 15 weeks, said Orlen Group, the developer of the offshor

about 11 months ago
Port of Newcastle taps HPC to drive Clean Energy Precinct project forward
Business Developments & Projects

Port of Newcastle taps HPC to drive Clean Energy Precinct project forward

Australia’s Port of Newcastle has appointed German port and logistics consultancy HPC Hamburg Port Consulting to develop a final business case for its Clean Energy Precinct (CEP) project.

about 11 months ago
A large vessel sailing
Business Developments & Projects

Venture Global boosting Greece’s energy security with long-term LNG supply

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Atlantic-See LNG, a newly formed joint venture between Greek companies AKTOR and DEPA.

about 11 months ago
Nexans SupraMarine
Business Developments & Projects

French companies unite on superconducting cable project for distant offshore wind farms

Air Liquide, CentraleSupélec, ITP Interpipe, Nexans, and RTE have joined forces to develop a project that connects distant offshore wind farms to shore via a High Voltage Alternating Current (HVAC) superconducting transmission system. The SupraMarine demonstrator project will study the electrical co

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

No luck for Aker BP in North Sea prospect

Norway’s Aker BP and its partners have drilled a dry well in the North Sea.

about 11 months ago
WATCH: NKT Eleonora parts to come together in Tulcea
Business Developments & Projects

WATCH: NKT Eleonora parts to come together in Tulcea

The aftship of NKT’s new cable-laying vessel (CLV) NKT Eleonora has arrived at another Vard shipyard in Romania to be connected to the foreship and superstructure. To remind, NKT Eleonora entered the water for the first time in mid-October following the launch of its aftship at VARD’s shipyard in Br

about 11 months ago
Wattlab to equip world’s largest battery-powered bulker with solar energy system
Business Developments & Projects

Wattlab to equip world’s largest battery-powered bulker with solar energy system

Dutch maritime solar innovator Wattlab has secured a contract with Norwegian shipping company Berge Rederi to install its onboard solar energy system on what is expected to be the world’s largest battery-powered bulk carrier.

about 11 months ago
COSL Prospector rig; Source: Canarship
Business Developments & Projects

Equinor gearing up to spud Barents Sea wildcat with COSL rig

Norway’s state-owned energy giant Equinor has obtained the all-clear from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 11 months ago
LNG carrier at sea
Business Developments & Projects

NYK Line delivers LNG carrier to French firm

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF).

about 11 months ago
Beihai Shipbuilding
Business Developments & Projects

Beihai Shipbuilding christens two 310,000 dwt ammonia-ready VLCCs

Qingdao Beihai Shipbuilding Heavy Industry (BSIC), part of China State Shipbuilding Corporation (CSSC), has held a naming ceremony for two 319,000 dwt ammonia-ready very large crude oil carriers (VLCCs) set to join the fleet of Belgium’s CMB.TECH. According to a social media post by the China Ship D

about 11 months ago
Farm-in agreement signing
Business Developments & Projects

Greece gearing up for offshore exploration revival as ExxonMobil joins Ionian Sea block

U.S.-headquartered energy giant ExxonMobil, UK-based oil and gas player Energean, and Greece’s HELLENiQ ENERGY Upstream have signed a farm-in agreement for ExxonMobil’s participation in a concession in the northwestern Ionian Sea.

about 11 months ago
HYDS forges ahead with green hydrogen production projects
Business Developments & Projects

HYDS forges ahead with green hydrogen production projects

Hydrogen Solutions (HYDS) has reached final investment decisions (FIDs) for its two green hydrogen production projects, HyFuel and Kaupanes Hydrogen, advancing them into the construction phase.

about 11 months ago
BASF opens green hydrogen and fuel cell component facility
Business Developments & Projects

BASF opens green hydrogen and fuel cell component facility

BASF Environmental Catalyst and Metal Solutions (ECMS) has opened a production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt.

about 11 months ago