Business Developments & Projects
Offshore rig market improvement in 2021 driven by high EPC spend – Westwood
The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.
EMEC starts search for Earthshot Prize nominations
The search for the 2022 winners of the Earthshot Prize has begun, with the European Marine Energy Centre (EMEC) appointed as official nominator for the initiative.
MPS looks for micrositing survey contractor for wind and wave demo in Spain
Welsh company Marine Power Systems (MPS) is looking to appoint a micrositing survey contractor for its megawatt-scale wind and wave energy demonstrator in Spain.
Methanol is key solution for shipping decarbonisation today, research suggests
A new report addressing the reduction of emissions from the global maritime sector has verified the benefits of methanol as a marine fuel highlighting it as a key solution for decarbonisation.
Scotland’s 4.1 GW offshore wind project ready for geotechnical surveys
SSE Renewables is set to soon kick off further geotechnical survey work at the Berwick Bank Wind Farm located off the east coast of Scotland. The first phase which will include a borehole survey is planned to mobilize between 29 January and 1 February, with the completion expected by 22 February. Th
Neptune’s output from North Sea hub swells thanks to tie-backs
Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.
EC-OG rebrands to Verlume to better reflect clean-tech ambitions
EC-OG, a UK-based intelligent energy management and storage technologies specialist, has changed its name to Verlume to emphasize its energy transition ambitions.
Vår Energi puts collaboration in the spotlight for upcoming subsea contract award
Norwegian oil and gas company Vår Energi has developed a new collaboration model for suppliers of subsea equipment ahead of a new fabrication and installation contract for its entire operated portfolio. The ongoing tender for the new contract facilitates for suppliers to deliver joint solutions in a
MOL’s 700+ ships mitigating navigational risk with new monitoring solution
Shipping company Mitsui O.S.K. Lines (MOL), class society Class NK and maritime software, services and data analysis provider NAPA have jointly developed a navigational risk monitoring system.
Equinor gets the go-ahead for drilling ops in Barents Sea
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.
Deltamarin inks engineering deal for Höegh Autoliners’ multi-fuel car carriers
Finland-based ship designer Deltamarin has signed an agreement with China Merchants Industry (Jiangsu) for the design and engineering of the new series of Höegh Autoliners Aurora-class pure car & truck carriers (PCTCs).
Elogen to massify production for Europe’s hydrogen projects
The French tech company for PEM electrolysis Elogen has taken a key step in the massification of its production, as a key player in the green hydrogen sector in France and Europe.
UK pours £31.6 million into floating wind demo projects
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded £31.6 million (approximately €37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployme
Port of Blyth bolsters decarbonisation strategy with new electric crane
In pursuit of decarbonisation, Port of Blyth has made a multi-million-pound purchase to acquire its first fully electric crane from Finnish manufacturer Konecranes.