Business & Finance
Anemoi wins backing from Horizon Europe Guarantee fund
British wind propulsion company Anemoi Marine Technologies has won funding from the UK Research and Innovation’s Horizon Europe Guarantee fund as part of its involvement in the Optiwise EU project. The Optiwise project aims to maximise the results of vessels using wind propulsion technologies, such
WATCH: Semi-sub rig embarks on its inaugural decom job in North Sea
One of Well-Safe Solutions’ rigs is on its way to start its first decommissioning assignment on the UK Continental Shelf (UKCS).
UK-made tools put Equinor’s subsea electrical jumpers to test
UK’s C-Kore Systems has delivered testing tools to DeepOcean that were deployed at an Equinor-operated field in the North Sea to confirm the status of subsea electrical jumpers. C-Kore said that the testing tools were used to “quickly and simply” confirm the status of subsea electrical jumpers on th
New long-term assignment for DOF vessel
Norway’s DOF Group has secured a new long-term contract for one of its anchor handling tug and supply (AHTS) vessels with Equinor.
Energinet gets green light for €65.2M subsea cable replacement project
The Danish Ministry of Climate, Energy and Supply has approved Energinet’s application for the replacement of a submarine cable that passes across Øresund connecting Denmark and Sweden. With the approval in place, Energinet can now begin the project to replace System 2 on the 400 kV cable connection
Nova Innovation enters floating solar market, with first installation set for Scotland
Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.
Two final offers in for Denmark’s first CCUS subsidy pool
The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener
French floating solar start-up attracts major new investors
French floating solar start-up HelioRec has closed the first tranche of its seed round, securing new investments from First Imagine! and Techstars.
Vopak strengthens ties with Gasunie, moves forward with LNG projects
Dutch tank storage company Vopak has provided updates on its LNG projects, including EemsEnergyTerminal, Gate terminal Rotterdam, and Hong Kong LNG terminal project. EemsEnergyTerminal Vopak’s first update is in regard to EemsEnergyTerminal, an LNG import terminal located in the Eemshaven in the Net
New task for ConocoPhillips to tackle nonconformities at North Sea platform
The PSA has conducted an audit of ConocoPhillips’ planning and execution of coiled tubing drilling at a platform in the Norwegian North Sea.
Scana trio reels in over €8.7 million in new contracts
Three companies owned by Norway’s Scana have secured new contracts with a total value of approximately NOK 100 million (over €8.7 million) that will be delivered next year. Seasystems has secured a contract for the delivery of an anchoring system to an FSO project outside West Africa valued at close
BP and Harbour rolling up sleeves to bring UK’s ‘transformational’ carbon capture and storage project to life
BP has joined forces with Harbour Energy to develop a CCS project located close to the heavily industrialised Humber region.
Onyx Power to build hydrogen production plant in Rotterdam port
Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at its existing site in the port. With a capacity of 1,200 MW, the plant is expected to produce some 300 kilotonne per annum blue hydrogen, and the Rotterdam po
Ocean Harvesting targets €400K to optimize wave energy device
Swedish company Ocean Harvesting Technologies has embarked on a funding raise, targeting €400,000 to further optimize its InfinityWEC wave energy device ahead of sea trials.