Business Developments & Projects
OEG finalizes Hughes Subsea Services purchase
OEG Offshore has completed the acquisition of Hughes Subsea Services, marking the company’s third offshore wind-focused purchase for this year. Liverpool‐based Hughes will retain its distinct name and its founder Ian Hughes will continue to be the managing director. “Being part of OEG means we will
No oil for Lundin after drilling in North Sea
Lundin Energy is in the process of concluding the drilling of a wildcat well in the North Sea after encountering disappointing results.
Lukoil paying $2.25 billion for Shah Deniz stake
Lukoil has concluded an agreement on acquiring an interest in the Shah Deniz gas project in the Caspian Sea from Petronas.
Polish LNG terminal expansion progressing
Polish LNG company GAZ-SYSTEM says a gigantic wall of a new LNG tank was put up as part of the expansion of the LNG Terminal. This took less than three weeks at the President Lech Kaczyński terminal in Świnoujście, the Polish LNG import facility. The new tank will be larger than the two existing one
Nova Marine Carriers wraps up 1st carbon-neutral voyage
Swiss-Italian dry bulk ship operator Nova Marine Carriers undertook its first carbon-neutral voyage last week, offsetting the CO2 emitted by its vessel MV Sider Rodi by voluntarily purchasing carbon credits for a Madagascan solar farm project.
Rovtech targets Scandinavia through new partnership
UK-headquartered Rovtech Solutions has signed a memorandum of understanding (MoU) with Norway’s Deepsea Solutions to expand its customer base and require local representation in Scandinavia. The new partnership will give Deepsea Solutions exclusive access throughout Scandinavia to the most up-to-dat
European tidal energy innovators in the running for $100K Ocean Exchange prize
Irish marine energy developer GKinetic Energy and Norwegian tidal energy company Tidal Sails have been featured in the Ocean Exchange shortlist for the $100,000 award bestowed to green and sustainable ocean energy innovations.
Unifeeder boxship bunkered with GoodFuels’ sustainable biofuel
Dutch marine biofuels supplier GoodFuels and Denmark-based shortsea operator Unifeeder have together completed their first bunkering of sustainable marine biofuel in the Port of Rotterdam.
Damen’s first new fast crew supplier completes sea trials
Damen’s first FCS 7011 vessel has successfully finished its sea trials off the Turkish coast and is set to head to the Netherlands.
Orbital Marine to showcase UK’s tidal power prowess at Global Investment Summit
The UK government has unveiled the 12 businesses from across the UK who will showcase their green technology and innovations at the Global Investment Summit – one of which is the Scottish-based tidal energy company Orbital Marine Power.
Maersk boxship to trial Silverstream air bubble system
Finnish technology group Wärtsilä, in cooperation with UK’s cleantech company Silverstream Technologies, will install the latter’s proprietary air lubrication system on a trial basis on a large containership owned by Danish shipping major A.P. Moller – Maersk.
CalWave commissions wave energy pilot offshore California
U.S.-based marine energy start-up CalWave Power Technologies has commissioned its CalWave x1 wave energy device off the coast of San Diego in California.
Brazilian GNA LNG terminal as milestone for KN
With the Brazilian GNA LNG-to-power project launching commercial operations, Lithuanian LNG terminal operator Klaipedos Nafta (KN) is now handling operations of two LNG terminals worldwide.
Equinor books COSL rig to drill up to nine wells
Equinor has awarded COSL Offshore Management a contract to drill on Statfjord Øst field off Norway with the COSLPromoter rig.