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TECO 2030 gets funding to develop hydrogen-powered high-speed vessel
Collaboration

TECO 2030 gets funding to develop hydrogen-powered high-speed vessel

A consortium led by Norwegian cleantech company TECO 2030, compatriot shipbuilder Umoe Mandal and maritime engineering company BLOM Maritime is developing a hydrogen-powered high-speed vessel with zero emissions under the “High-speed vessel of the future” project. Under the project, the county munic

about 4 years ago
As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Collaboration
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As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
With acquisition of two wells out of the way, Longboat expects first of these to be spud this month
Collaboration

With stakes in two more wells secured, Longboat expects first to be spud this month

After completing the farm-in agreement with OMV, Longboat Energy anticipates the drilling of the first of two wells to be done this month.

about 4 years ago
Italian drilling contractor to bring Nabors’ suite of tech options to European and African energy firms
Collaboration

Italian contractor to bring Nabors’ suite of tech options to Europe and Africa

Hydro Drilling will deploy Nabors’ technologies and services in Europe and Africa to improve hydrocarbon production and curb emissions.

about 4 years ago
KenzFigee delivers offshore launch and recovery system to Fugro
Collaboration

KenzFigee delivers offshore launch and recovery system to Fugro

Dutch geo-data specialist Fugro has contracted compatriot offshore lifting equipment provider KenzFigee for the design and delivery of a launch and recovery system (LARS), part of Fugro’s geotechnical system Blue Snake. The Fugro Blue Snake is an integrated LARS and seabed research system combining

about 4 years ago
Illustration/Hexicon floating wind technology (Courtesy of Hexicon)
Collaboration

In focus: Offshore industry forms decarbonization tie-ups, as need for more renewable energy investments grows

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Collaboration

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
Vår Energi enters strategic supplier partnership for upcoming subsea projects
Collaboration

Vår Energi enters strategic supplier partnership for upcoming subsea projects

Vår Energi has entered into a strategic partnership agreement with Aker Solutions, Havfram and Saipem for the delivery of subsea production systems for all upcoming subsea projects for the next five years. As disclosed, the partnership covers the fabrication, delivery, and installation of subsea pro

about 4 years ago
Floating solar farm (Courtesy of Skyfri)
Collaboration

Skyfri bags contract for floating solar project in India

Bharat Heavy Electricals Limited (BHEL) has awarded an asset operations contract to Norway-based cleantech company Skyfri for its floating solar project in Kerala, India.

about 4 years ago
Ports of Duisburg and Amsterdam to jointly develop hydrogen value chain
Collaboration

Ports of Duisburg and Amsterdam to jointly develop hydrogen value chain

Dutch Port of Amsterdam and German duisport have signed a memorandum of understanding (MOU) to expand their cooperation and jointly develop the hydrogen value chain and their hinterland network. The MOU represents a new phase in the long-term partnership between the two ports that are directly conne

about 4 years ago
Rendering of Havkraft N-Class wave power plant (Courtesy of Havkraft)
Collaboration

Havkraft inks deal to power fish farm using its wave energy device

Norwegian company Havkraft has signed an agreement for a project that will use its wave energy technology to provide clean power to a fish farm offshore Norway.

about 4 years ago
Illustration/CETO wave energy array (Courtesy of Carnegie Clean Energy)
Collaboration

Carnegie unveils wave energy product validation roadmap

Carnegie Clean Energy has released its new product validation roadmap for its primary CETO and MoorPower technologies, alongside additional products Wave Predictor and Mooring Tensioner.

about 4 years ago
Norwegian seismic majors reveal plan to combine in $237 million deal
Collaboration

Norwegian seismic majors reveal plan to combine in $237 million deal

Norwegian seismic data company TGS has made an offer to buy compatriot Magseis Fairfield in a deal that values the seismic player at NOK 2.33 billion (approximately $237 million). The two companies entered into a transaction agreement whereby TGS, on and subject to certain terms and conditions, will

about 4 years ago
Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage
Collaboration

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage

The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

about 4 years ago