Business Developments & Projects
Eco Wave Power appoints new certified adviser
Swedish-Israeli wave energy developer Eco Wave Power has selected Vastor Securities as a certified adviser for the company.
Video: Keel laid for new Steam Packet battery hybrid ferry
A keel-laying ceremony has been held in South Korea to mark the beginning of the formal construction of the Isle of Man Steam Packet Company’s (IoMSPC) new flagship ferry, Manxman.
Offshore regulator finds maintenance management issues on KCA Deutag rig
Offshore regulator has issued an order to KCA Deutag following the discovery of five nonconformities during an audit of the Askepott rig.
Greenyield Shipping to finance 4 ships with $35.5M from CIT
CIT Group’s Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping, the American bank holding company said.
NES outfitting cable lay vessel for zero-emission ops
Norwegian Electric Systems (NES), part of HAV Group, has secured a contract with ship engineering company Peak Marine Tech to supply the battery and control systems for the converted Fjord Connector cable lay vessel (CLV) to enable zero-emission operations.
Rockhopper in high hopes after Italy’s arbitration objections get rejected again
Rockhopper Exploration remains hopeful about the resolution of its arbitration against Italy over the Ombrina Mare field in the Adriatic Sea.
Borr gets closer to refinancing following successful equity offering of $30 million
Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy.
Aker BP secures drilling permit for North Sea well trio
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Bombora looking for mWave device loadout services
Welsh-based Bombora Wave Power has launched a tender seeking a contractor for the loadout of its mWave wave energy device.
Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
Penguin WEC retrieved to Vizcaya port for inspection and repairs
Penguin wave energy converter, developed by the Finnish company Wello, has been towed to harbour Vizcaya for inspection, maintenance and repairs.
TGS, Cognizant to roll out data ecosystem for renewable energy players
Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies.
Offshore watchdog spots 18 irregularities on Transocean rig
The Petroleum Safety Authority has issued an order to Transocean after discovering a total of eighteen irregularities on one of its rigs.
Xlinks seeks marine survey services for UK-Morocco interconnector
The UK-based Xlinks has opened a tender for marine geophysical and geotechnical surveys to be performed on the interconnector cable route between Morocco and the UK.