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Business Developments & Projects

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Illustration/Welsh-based Marine Power Systems (MPS) is developing wave, floating wind, and hybrid solutions combining both renewable energy technologies (Courtesy of MPS)
Business Developments & Projects

Officials urge for timely creation of ‘ten point plan’ for Welsh renewable energy

The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.

about 5 years ago
Shell CEO Ben van Beurden
Business Developments & Projects

Shell boosts dividend after 2Q profit surge

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Shell has decided to boost its dividend for the second consecutive quarter this year after seeing an increase in quarterly profit.

about 5 years ago
Photo showing ROV deployment (Courtesy of Forum Energy Technologies)
Business Developments & Projects

DOF Subsea orders Forum Energy Technologies ROVs

Forum Energy Technologies (FET) has secured an order from DOF Subsea to deliver two 200HP Perry XLX-C work-class remotely operated vehicles (ROVs).

about 5 years ago
Photo showing Penguin wave energy device at BiMEP site (Coutrtesy of Wello)
Business Developments & Projects

Wello deploys Penguin wave energy device off Spain

Finnish wave energy company Wello has deployed its Penguin wave energy device off the coast of Bilbao in the Basque Country.

about 5 years ago
Photo showing Orbital's O2 tidal turbine (Courtesy of Orbital Marine Power)
Business Developments & Projects

Orbital’s first commercial tidal turbine starts exporting clean power to UK grid

Orbital Marine Power’s O2, deemed the world’s most powerful tidal turbine, has started grid-connected power generation offshore Orkney in Scotland. The turbine is also set to provide power for green hydrogen generation to facilitate decarbonisation of wider energy requirements.

about 5 years ago
Illustration (Photo supplied by Nexans)
Business Developments & Projects

Nexans to supply ‘vital connection’ for Equinor’s floating solar plant

French offshore cabling specialist Nexans has been awarded a contract by Equinor to supply power export cable for its floating solar pilot offshore Frøya in Norway.

about 5 years ago
Gjøa platform - Neptune
Business Developments & Projects

Neptune Energy’s North Sea project approved for August start-up

Norwegian authorities have granted consent for the start-up of the Neptune Energy-operated Duva field in the North Sea off Norway.

about 5 years ago
A photo of an offshore wind farm
Business Developments & Projects

Ørsted picks Prysmian inter-array cables for its new OWFs in Germany

Ørsted has awarded Prysmian with a contract worth more than EUR 60 million for the design, supply, termination and testing of inter-array submarine cable systems for the Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany. Prysmian will supply more than 150 kilometres of 66 kV XLPE–ins

about 5 years ago
Illustration (Courtesy of The European Commission)
Business Developments & Projects

EU launches call to establish offshore renewable energies working group

The European Commission has opened a call for expressions of interest for a new working group on offshore renewable energies that would contribute to reaching EU’s ambition of at least 300GW of offshore wind and 40GW of ocean energies by 2050.

about 5 years ago
Siem Offshore secures cable laying work offshore Norway
Business Developments & Projects

Seaway 7 books Siem Offshore OSCV

Siem Offshore has signed a contract with Seaway 7, the renewables business unit of Subsea 7, for the utilization of one of its offshore subsea construction vessels (OSCVs).

about 5 years ago
GasLog Partners and TotalEnergies sign another charter deal
Business Developments & Projects

GasLog Partners and TotalEnergies sign another charter deal

GasLog’s New York-listed spinoff GasLog Partners has signed a time charter agreement with French energy major TotalEnergies.

about 5 years ago
Hurricane
Business Developments & Projects

Hurricane Energy restarts production at Lancaster following FPSO maintenance

UK oil and gas company Hurricane Energy has resumed production operations from its Lancaster field following an annual maintenance shutdown on the Aoka Mizu FPSO.

about 5 years ago
Prysmian ready to launch production for three German HDVC cable projects
Business Developments & Projects

Prysmian ready to launch production for three German HDVC cable projects

Italian cabling company Prysmian Group has set up its organisation for the development of the three German power transmission HDVC cable projects SuedOstLink, SuedLink and A-Nord.

about 5 years ago
Photo showing Dan McGrail (Courtesy of RenewableUK)
Business Developments & Projects

RenewableUK calls on the government to scale up clean power ambitions

RenewableUK’s new chief executive Dan McGrail has urged the UK Ministers to demonstrate greater ambition in the next round of auctions for contracts to generate clean electricity.

about 5 years ago