Business Developments & Projects
Irish marine energy developers invited to test their technology free of charge
The Sustainable Energy Authority of Ireland (SEAI), together with the country’s national ocean test centre Lir NOTF, is again offering free-of-charge access to the research and testing facilities for offshore renewable energy (ORE) developers. The access programme to the Lir NOTF is designed to enab
Norsepower wins Nefco funding to expand rotor sail production in China
Finland-based cleantech company Norsepower has secured financing from Nefco, the Nordic green bank, to expand the production of its auxiliary wind propulsion solution.
IMO puts adoption of $5 billion maritime R&D fund on hold
The International Maritime Organisation held its Marine Environment Protection Committee (MEPC 78) meeting last week, taking, in the view of the shipping industry, only small steps towards decarbonising the sector.
JDR’s new subsea cable factory on track with final grant agreement in place
JDR Cable Systems has reached the final grant agreement under the UK government’s Offshore Wind Manufacturing Scheme (OWMIS) on financial support for its new subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The agreement means the 69,000 sqm facility is on track to begin c
Wildcat well comes up dry for Equinor
Equinor has concluded the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.
Orcadian and TGS sign seismic licensing deal
Orcadian Energy, a North Sea oil and gas operator, has entered into a seismic licensing deal with the energy data company TGS to access high-quality seismic data for evaluating the multitude of development opportunities and prospects within its North Sea portfolio. Under the agreement, Orcadian will
Solstad hands over another vessel to new owner
Solstad Rederi, a subsidiary of Norway’s vessel owner Solstad Offshore, has sold another PSV to a buyer, whose identity was not revealed.
Floatel picks Kongsberg to digitalise its entire fleet
Kongsberg Digital has been hired by Floatel International to handle the digitalisation of its fleet with Vessel Insight.
Cognite exec joining Aker BP as new chief digital officer
Aker BP has appointed a new Chief Digital Officer, who will be joining its executive management team next month.
TotalEnergies buying stake in Adani to bring forth ‘largest green hydrogen ecosystem in the world’
TotalEnergies has inked a deal to acquire a stake in Adani’s subsidiary to produce and commercialize green hydrogen in India.
Norway launches licencing round for oil & gas exploration in predefined areas
Norway’s n Ministry of Petroleum and Energy on Tuesday announced APA 2022 round, encompassing the predefined areas offshore Norway.
Scotland, Germany launch green hydrogen partnership
Germany’s largest state Bavaria and Scottland have decided to strengthen ties in the field of green hydrogen and explore the potential of its transportation.
SEA-KIT eyes zero-emission vessels with latest USV design
SEA-KIT International has revealed a new uncrewed surface vessel (USV) design said to be the next step towards the company’s goal of zero-emission vessels. The H-class USV, featuring a retractable gondola and dual sensor deployment options, is a highly configurable design based on operational data a
Petrofac bags another five-year deal with UK firm
Petrofac has won a five-year deal with Anasuria Operating Company to assist AOC in optimising the value of its North Sea assets.