Business Developments & Projects
UK regulator blocks $5B Cargotec-Konecranes merger
Following a decision by the UK Competition & Markets Authority (CMA) to block the merger between Finnish engineering majors Cargotec and Konecranes, the duo has decided to cancel the planned business combination.
Equinor orders survey over UK field to help maximize production
Norwegian seismic exploration company Shearwater GeoServices is set to perform a 4D time-lapse seismic monitor project at Equinor’s Mariner field off the UK. The one-month project, which will be carried out during the 2022 North Sea summer season, represents the third Isometrix survey over the field
Following recent upgrades, Eidesvik vessel lands new deal with Equinor
Eidesvik has inked a new contract for one of its recently upgraded platform supply vessels (PSVs) with Norway’s state-owned giant, Equinor.
Giant drilling contractor Transocean goes into seabed minerals to support renewables
Offshore rig owner Transocean is now investing in the exploration of seabed minerals to support the renewable energy supply chain.
Strohm partners up with Petronas for TCP commercialization
Strohm has signed an agreement with Petronas’ technology commercialization arm, Petronas Technology Ventures Sdn Bhd (PTVSB,) to commercialize thermoplastic composite pipe (TCP) in the industry and scale its utilization across Petronas facilities. According to Strohm, the partnership has ensured tha
QED Naval set to launch Subhub tidal energy platform
Scottish marine energy company QED Naval has informed that its Subhub tidal energy platform is ready for launch from Mainstay Marine’s facilities in Wales.
bound4blue to equip Amasus’ general cargo ship with eSAIL
Dutch shipowner Amasus Shipping has signed an agreement with Spanish cleantech engineering company bound4blue to equip its general cargo vessel with wind-assisted propulsion technology.
Answers to energy security and climate change concerns lie in energy transition, IRENA says
The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.
Irish university opens five PhD positions for tidal energy researchers
National University of Ireland, Galway (NUI Galway) has opened five fully-funded PhD scholarship opportunities for tidal energy researchers as part of the TIDAL-GES project.
Baleària inks first green loan in Spanish shipping sector
Spanish shipping company Baleària has signed the first sustainable financing agreement in the Spanish shipping sector with a green loan of EUR 80 million (about $88.4 million).
UK launches €12 million call for greater clean energy independence
The UK Government has set aside €12.2 million (£10 million) for energy entrepreneurs developing innovative green technologies that can help cut UK’s reliance on expensive fossil fuels.
Erik Thun orders climate friendly tanker in China
Swedish shipping company Erik Thun Group has decided to order a new dual-fuel tanker in China.
Digital marine data toolbox goes live to support ocean energy expansion
A consortium of research organizations and marine renewable energy specialists has created a marine data toolbox for ocean energy project developers as part of the EU-backed ResourceCODE project.
New batch of contracts to make DOF Subsea busy in North Sea
DOF Subsea has secured multiple new contracts for renewables and oil & gas projects in the North Sea, totaling more than 185 vessel days. All awards include project management, engineering, procurement and logistics, set to be delivered by the company’s subsea teams across Bergen and Aberdeen this y