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Business & Finance

An artist impression of Triumph's new wind farm development vessel at sea
Business & Finance

Triumph Subsea and Harland & Wolff’s wind farm vessel deal off, Triumph says InfraStrata’s statement ‘misleading’

The Letter of Intent (LoI) for the construction of a Windfarm Development Vessel (WDV) – issued last year by Triumph Subsea Services to InfraStrata plc – has been formally cancelled, Triumph Subsea said after InfraStrata reported the LoI had been set aside as the shipbuilder was not confident the pr

about 5 years ago
Nexans opens cable harness production facility in China
Business & Finance

Nexans opens cable harness production facility in China

Nexans has inaugurated a new cable harness production facility in the city of Tianjin, China, dedicated to the local wind energy industry. The facility has 3,000 square meters of production and storage space and will manufacture M12 sensor cables, valve connectors, and customized solutions specific

about 5 years ago
Troll - Equinor
Business & Finance

Seal of approval to Equinor for next phase of Troll project

Equinor has secured regulatory consent to start-up facilities and modifications associated with the Troll phase 3 project in the North Sea.

about 5 years ago
Chart buys L.A. Turbine to boost hydrogen and LNG solutions
Business & Finance

Chart buys L.A. Turbine to boost hydrogen and LNG solutions

US-based LNG engineer Chart Industries has acquired turboexpander engineering company L.A. Turbine for $80 million in order to utilise its expenders for LNG, CCS and hydrogen processes.

about 5 years ago
Northern Endeavour FPSO
Business & Finance

Australia seeks expressions of interest to decommission stranded FPSO

The Australian Government has released a Request for Expressions of Interest for Phase 1 works to decommission the Northern Endeavour FPSO.

about 5 years ago

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TECO2030
Business & Finance

TECO 2030 moves into its new giga fuel cell production factory

The Norwegian cleantech company TECO 2030 has taken over the building that will become home to its new fuel cell giga factory in Narvik, northern Norway. The planned combined fuel cell factory and innovation centre is set to become Norway’s first large-scale production of hydrogen-based fuel cells.

about 5 years ago
EWPG listed on U.S. Nasdaq (Courtesy of EWPG)
Business & Finance

Eco Wave Power starts trading on U.S. Nasdaq

Swedish-Israeli wave energy company Eco Wave Power Global (EWPG) has opened the initial public offering (IPO) of shares on Nasdaq in the United States, targeting $8 million in proceeds.

about 5 years ago
Equinor
Business & Finance

Equinor hires M.A.R.S. Europe for Veslefrikk B recycling

Norwegian oil major Equinor has awarded Modern American Recycling Services Europe (M.A.R.S) a contract for deconstruction and recycling of the Veslefrikk B platform in the North Sea offshore Norway.

about 5 years ago
Stril Mar PSV - Simon Møkster
Business & Finance

Simon Møkster vessel to support Aker BP drilling campaign

Norwegian Simon Møkster Shipping has been awarded more work with Aker BP to support its drilling campaign offshore Norway.

about 5 years ago
ExxonMobil
Business & Finance

ExxonMobil lobbyists filmed saying oil major’s climate policy a PR stunt

A lobbyist for ExxonMobil stated in an aired interview recorded by undercover Greenpeace activists that the company was still fighting efforts to tackle climate change in the U.S., despite publicly claiming to support the Paris climate agreement.

about 5 years ago

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A photo of Vattenfall's offshore wind farm in Germany
Business & Finance

SOVs wanted for two offshore wind farms in Germany

An operator of two offshore wind farms in Germany has opened a tender looking for a service operation vessel(s).

about 5 years ago
Maersk containership
Business & Finance

Containership companies show record delays in 2021

The level of delays in 2021 has been the highest across each month when compared to the previous years, with average delays going up to 6 days, a new report shows.

about 5 years ago
Illustration/Monitoring of fish movement around OpenHydro tidal turbine (Screenshot/Video by Cape Sharp Tidal)
Business & Finance

Innovation challenge to track animals around tidal turbines goes live

The Marine Energy Engineering Centre of Excellence (MEECE) and ORE Catapult have launched an innovation challenge to find solutions for tracking underwater species behaviour and movements in and around tidal stream turbines.

about 5 years ago
A photo of a RWE offshore wind farm
Business & Finance

RWE assembling offshore wind supply chain team in Poland

RWE Renewables, through its Polish subsidiary Baltic Trade & Invest Sp. z o.o., has signed Letters of Intent (LoI) with three Polish companies from the maritime sector, which will support the construction of the FEW Baltic II 350 MW offshore wind project in Poland. RWE has entered into cooperation w

about 5 years ago