Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Business & Finance

Loading filters...
Marine EnergyTidal & Wave EnergyAuthorities & GovernmentBusiness Developments & ProjectsOutlook & StrategyProject & TendersRegulation & PolicyTransitionVisionClean FuelHydrogenOther FuelsProductionTechnology & InnovationCollaborationTechnologyCablingSubseaVessels & VehiclesEquipmentVesselsOTECGridOffshore WindOil & GasPipesFunding & RegulationValleys, Hubs & CorridorsInfrastructureExploration & ProductionMarket OutlooksEnvironmentInnovationFossil EnergyLiquefied Natural GasLow-Carbon TransitionDeepwater InstallationResearch & Development
UK continues tidal stream ringfence, increases budget
Business & Finance

UK continues tidal stream ringfence for third year, increases budget

The UK government has set a £10 million ringfence for tidal stream in this year’s renewables auction, representing a third consecutive year. The UK Department for Energy Security and Net Zero (DESNZ) announced that tidal stream and wave energy will compete in Pot 2 of the Contracts for Difference (C

about 2 years ago
Shell and Bloom Energy forge hydrogen alliance
Business & Finance

Shell and Bloom Energy forge hydrogen alliance

  • 1
  • …
  • 229
  • 230
  • 231
  • …
  • 5254

American solid oxide fuel cells producer Bloom Energy has signed an agreement with UK-based energy giant Shell to study decarbonization solutions, utilizing its proprietary hydrogen electrolyzer technology. Specifically, Bloom and Shell agreed to collaborate on developing replicable, large-scale, so

about 2 years ago
Large crane order for Prysmian's new cable layer lands on MacGregor's desk
Business & Finance

Large crane order for Prysmian’s new cable layer lands on MacGregor’s desk

VARD has placed an order with MacGregor, part of Cargotec, for three cranes to be installed onboard Prysmian’s new cable-laying vessel (CLV). MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane, a 20T offshore crane and a 3T deck crane to equip Prysmian’s third NB970 CLV from VAR

about 2 years ago
A project to develop a severe weather resistant OTEC structure.
Business & Finance

Tropical storm-proof OTEC system nears fabrication phase

Seven European partners are set to begin fabrication of an ocean thermal energy conversion (OTEC) platform said to be capable of surviving in tropical storm areas, destined for deployment offshore Spain. Being developed under the EU-funded project PLOTEC, fabrication of the system is to begin this m

about 2 years ago
Tekmar
Business & Finance

Tekmar says 2023 pivotal year, despite instability in offshore wind market

Tekmar Group has reported improved financial performance for the 2023 financial year with a revenue of £39.9 million, compared to £30.2 million in FY22. Deemed a pivotal year that saw instability in the offshore wind market, Tekmar said it had stabilized the business in 2023. Tekmar saw an adjusted

about 2 years ago
EU grants €8.9 million for advanced hydrogen valley in Western France
Business & Finance

EU grants €8.9 million for advanced hydrogen valley in Western France

An 18-member consortium, coordinated by French hydrogen producer Lhyfe, has launched a new project to establish an advanced green hydrogen valley in Western France. The project has received an €8.9 million grant from the European Commission through the Clean Hydrogen Joint Undertaking. The project c

about 2 years ago
TKF workers producing the first power cores in its new cable factory in Eemshaven
Business & Finance

TKF starts production in new cable factory in Eemshaven

Netherlands-based company BV Twentsche Kabelfabriek (TKF) has produced its first power cores in its new cable factory in Eemshaven. The company produced three power cores for the type test cable, which were provided with the welded aluminum screen and PE outer sheath. The investment in the new fact

about 2 years ago
Wavepiston opens capital raise to back wave energy system
Business & Finance

Danish firm to explore wave energy deployment offshore Barbados

Danish company Wavepiston and Export Barbados (BIDC), an agency of the Barbados Government, are set to explore the deployment of wave energy farms offshore Barbados. According to Wavepiston, Barbados and most of the Caribbean region hold a large potential for wave energy. Barbados has set a net-zero

about 2 years ago
NKT pursues shift to low-carbon aluminium with latest partnership
Business & Finance

NKT seeks to cut carbon footprint of power cables with latest partnership

Subsea power cable manufacturer NKT and aluminium and energy company Hydro have entered into a strategic partnership to accelerate the shift towards low-carbon aluminium and increase its role in reducing the carbon footprint of power cables. As part of the partnership that aims to further decarboniz

about 2 years ago
Aker Solutions selected as owner’s engineer for 3GW hydrogen project in Scotland
Business & Finance

Aker Solutions selected as owner’s engineer for 3GW hydrogen project in Scotland

UK-based energy company Statera has appointed Norwegian energy services provider Aker Solutions as owner’s engineer for the first 500 MW phase of its 3 GW Kintore Hydrogen project in Aberdeenshire, Scotland. Under the contract, Aker Solutions will build on its process industry expertise within green

about 2 years ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Business & Finance

UK needs 27 GW of wave energy to reach cost-effective net-zero energy system, report says

To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland

about 2 years ago
Snohvit Future project (illustration); Source: Equinor
Business & Finance

Equinor takes steps to bring electrification of Hammerfest LNG to life

Equinor has signed a call-off option with Multiconsult Norge for the engineering of the grid connection to Hammerfest LNG (HLNG).

about 2 years ago
Four new partners have joined the Offshore Renewable Energy (ORE) Catapult’s joint industry project (JIP) to develop seabed mobility guidance for the offshore renewable sector
Business & Finance

Major partners join JIP to develop seabed mobility guidance for offshore renewables

Four new partners have joined the Offshore Renewable Energy (ORE) Catapult’s joint industry project (JIP) to develop seabed mobility guidance for the offshore renewable sector. The 18-month project has doubled in number of partners, with National Grid, Ørsted, Vattenfall, and BP now joining RWE, Sco

about 2 years ago
Illustration; Source: Viaro Energy
Business & Finance

Nuclear tech comes to oil & gas aid for ‘first time’ as decarbonization quest gains ground

Viaro Energy has now set the wheels in motion to throw low-carbon nuclear technology into the oil and gas sector’s decarbonization mix.

about 2 years ago