Business Developments & Projects
Three organisations teaming up to unlock UK’s full carbon capture and storage potential
Three organisations have decided to renew their collaboration to explore the potential of carbon capture and storage on the UKCS.
Sabella reinstalls D10 tidal turbine for third test campaign offshore France
French company Sabella has reinstalled its 1MW tidal energy turbine off Ushant Island in France for a new long-term test campaign.
EU to phase out all Russian oil imports ‘in orderly fashion’
The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.
BP goes all-in with plans to invest over $22 billion in UK energy
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
Eco Wave Power seeks fresh business and finance talent
Swedish-Israeli wave energy company Eco Wave Power is looking to expand its team with two new vacancies up for grabs.
PanGeo picks up over $3 million in Sub-Bottom Imager contracts
PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has secured several cable depth of burial campaigns, valued at more than $3 million, in Europe using its 3D acoustic Sub-Bottom Imager (SBI). Under these contracts set to be completed throughout 2022, the SBI will be used as the cable dete
Black & Veatch: Increasing rotor diameter key to reducing floating tidal energy costs
Using a digital twin of Orbital Marine’s O2 tidal turbine, the UK team of a US-based engineering firm Black & Veatch has found that increasing rotor diameter was key to reducing floating tidal energy costs.
Kongsberg to digitalise more than 100 vessels under new deal
Software solutions provider Kongsberg Digital (KDI) has signed a fleet agreement with an unnamed client to provide its vessel-to-cloud infrastructure Vessel Insight to over 100 vessels in what is described as another major step towards the digitalisation of the shipping industry.
UK operator to own no rigs after selling its other stacked semi-sub
UK-based Awilco Drilling has decided to sell a semi-submersible rig to its compatriot decommissioning services provider, Well-Safe Solutions.
Cavotec nets €15.7M shore power order from ‘major’ shipping line
Swiss cleantech company Cavotec has secured a shore power order worth €15.7 million (around $16.57 million) from an undisclosed ‘major global shipping line’ for a series of newbuild containerships.
DeepOcean named Aker BP’s preferred supplier of subsea operations
Norwegian operator Aker BP has appointed DeepOcean as the preferred supplier of subsea operations related to inspection, intervention, repair, survey and emergent operations together with associated onshore engineering and project management services. The parties have a joint commitment to cooperate
Gasunie and Vopak join in on hydrogen terminal infrastructure
Gasunie and Vopak want to jointly develop terminal infrastructure for imports of hydrogen into Northwest Europe via Dutch and German ports.
DFDS joins ReSea Project to fight ocean plastic pollution
Danish ferry and logistics company DFDS has announced its collaboration with ReSea Project to support the fight for an ocean without plastic pollution.
Wavepiston set to launch wave-powered desalination system in Canary Islands
Danish company Wavepiston has completed the wave energy-powered desalination system set-up on the Oceanic Platform of the Canary Islands (PLOCAN) test platform, which is now ready for offshore works.