Business Developments & Projects
Minesto secures Deep Green commercialisation boost
Minesto has secured a SEK 5.8 million (approximately €572,600) grant from the Swedish Energy Agency for the ongoing commercialisation of its Deep Green technology. The grant co-funds a project through which Minesto will develop a next-generation tether system that is set to optimise functionality an
SBM Offshore secures loan to build Brazil’s largest oil production unit
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré.
Bachmann, RTI team up on DDS-based solution for autonomous shipping
Austrian electronics manufacturer Bachmann electronic and US software company Real-Time Innovations (RTI) have partnered up to support Germany’s network Platform Industrie 4.0 through cross-vendor interoperability without a gateway.
UK launches competition to bring electrification a step closer to reality
UK’s oil and gas regulator has launched a decarbonisation competition for the electrification of offshore oil and gas installations.
Seaturns’ wave energy prototype undergoes basin testing
Innosea and Seaturns have completed the wave basin testing of Seaturns’ wave energy prototype at the Cantabria Coastal and Ocean Basin (CCOB) in Spain.
Survey on schedule at Arklow Bank 2
The Ireland-based Alpha Marine is set to kick off a reconnaissance survey at the Arklow Bank Wind Park Phase 2 located off the Wicklow coast in the Irish Sea.
Kistos resumes gas production from Dutch North Sea project
Kistos has announced the resumption of gas production from the Q10-A offshore gas field in the Dutch North Sea.
Wärtsilä to upkeep Wasaline’s LNG-fueled ferry Aurora Botnia
The Finnish technology group Wärtsilä and the Finnish–Swedish ferry operator Wasaline have signed a ten-year optimised maintenance agreement for the Aurora Botnia LNG-powered ferry.
Torqeedo, Fassmer Shipyard unveil fully electric city ferry concept
Germany’s boat builder Fassmer Shipyard and compatriot electric drive system provider Torqeedo have developed a fully electric ferry concept for public transport — the Fassmer CIT-E Ferry powered by a Torqeedo integrated drive system.
Maersk Tankers’ technical management unit has new owner
Synergy Marine Pte. Ltd., a subsidiary of Singapore-based ship manager Synergy Group, has signed an agreement to take over Maersk Tankers’ technical management business.
Norway: August oil output exceeds predictions
Norway’s oil production in August 2021 surpassed the Norwegian Petroleum Directorate’s predictions while the country’s gas output decreased.
WATCH: Time-lapse of JLS beam installation on Pioneering Spirit vessel
A video of the installation of the jacket lift system beams on Allseas’ giant heavy lift, decommissioning, and construction vessel, the Pioneering Spirit.
EnQuest hands in decom plan for Thistle Alpha topsides
UK-based EnQuest has submitted its decommissioning plan for the Thistle Alpha platform topsides to the country’s authorities.
Rovco on offshore wind duty in Scotland
Rovco has commenced year two of its subsea and hydrographic campaign on the operational Beatrice offshore wind farm in Scotland. Rovco’s scope of work includes inspection and surveys across the nominated subsea jackets and inter-array cable locations at the 588 MW wind farm. The aim is to enable yea