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TAQA's Cormorant Alpha asset in the UK North Sea; Source: TAQA
Business Developments & Projects

Wave of unrest across UK’s offshore energy sector grows with more workers to cast votes on strike action

Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.

about 3 years ago
Nexans achieves 'all-time-high' performance, ramps up emissions reduction efforts
Business Developments & Projects

Nexans achieves ‘all-time-high’ performance, ramps up emissions reduction efforts

Nexans has reported an all-time high adjusted backlog of €3.5 billion for its Generation & Transmission business in 2022, an increase of 51 per cent compared to 2021, said to be pulled by the Celtic Interconnector project. In the “record financial year” for the French cable maker, Generation & Trans

about 3 years ago
Ocean Sun’s floating solar technology linked to offshore wind turbine in China (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun grows 2022 revenues

Norwegian floating solar company Ocean Sun has released financial results for 2022, marking a significant increase in revenues when compared to a year before.

about 3 years ago
Raizen links up with KCC to cut CO2 footprint by up to 40%
Business Developments & Projects

Raizen links up with KCC to cut CO2 footprint by up to 40%

KCC Chartering AS, a subsidiary of Klaveness Combination Carriers (KCC), and Raizen, an integrated energy company, have signed a three-year contract of affreightment (COA) that aims to improve trading efficiency and reduce the carbon footprint by up to 40%.

about 3 years ago
Gasgrid advances Finland’s first hydrogen transmission network project
Business Developments & Projects

Gasgrid advances Finland’s first hydrogen transmission network project

State-owned transmission system operator Gasgrid Finland is progressing its hydrogen transfer infrastructure demonstration project with a €9.5 million grant for project design and potential construction. The demonstration project aims to construct a pipeline to enable the hydrogen generated at Kemir

about 3 years ago
Illustration (Courtesy of Miya)
Business Developments & Projects

Spanish water utility sets sights on floating solar

Spain-based water utility Miya has expanded its activities to the renewables sector with the acquisition of a stake in Xfloat, an Israeli floating solar developer.

about 3 years ago
BeeX Sulmara University of Strathclyde
Business Developments & Projects

Low-carbon wind farm integrity monitoring solution gets financial push

A consortium comprising BeeX, Sulmara, and the University of Strathclyde has secured Enterprise Singapore – Innovate UK grant to develop a next-generation autonomous integrity inspection capability for offshore wind turbines. Autonomous robotics specialist BeeX, offshore survey and inspection specia

about 3 years ago
ABS to class UC San Diego’s hydrogen-powered research ship
Business Developments & Projects

ABS to class UC San Diego’s hydrogen-powered research ship

American classification society ABS has revealed that it will class a hydrogen-fueled research vessel commissioned by the University of California San Diego’s Scripps Institution of Oceanography.

about 3 years ago
RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC
Business Developments & Projects

RWE’s Brunsbüttel terminal welcomes first LNG cargo from ADNOC

The partnership between German energy company RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of liquefied natural gas (LNG) has gained ground with the arrival of the first LNG cargo from ADNOC at the Brunsbüttel Elbehafen port, Germany. Here, the LNG will be regasified and fed int

about 3 years ago
Illustration; Source: BOEM
Business Developments & Projects

U.S. tweaks monetary penalties for oil & gas players

Bureau of Ocean Energy Management (BOEM) has made adjustments to monetary penalties for oil and gas companies, implementing the 2023 inflation adjustments.

about 3 years ago
TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity
Business Developments & Projects

TotalEnergies: Interest in Le Havre FSRU ‘significantly’ exceeds available capacity

TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has concluded the market test launched for floating storage and regasification unit (FSRU) capacity in Le Havre, France. From 16 to 30 January, TELSF ran a non-binding call of interest for LNG import and re

about 3 years ago
Ilustration
Business Developments & Projects

BMS United, Bunkernet, and SBI merge to form Baseblue

Marine fuel supply companies BMS United Bunkers, Bunkernet, and SBI bunkering BV have entered into a definitive merger agreement to create Baseblue. The trio said that the merger would result in a larger and financially more reliable company. As disclosed, Baseblue will also offer a wider range of s

about 3 years ago
Japanese majors unite on CO2NNEX demonstration system for e-methane
Business Developments & Projects

Japanese majors unite on CO2NNEX demonstration system for e-methane

Osaka Gas, Mitsubishi Heavy Industries (MHI), and IBM Japan have built a demonstration system for CO2NNEX for e-methane, a digital platform for visualising the amount of CO2 emissions across the value chain of e-methane (methane synthesised with the methanation technology) and transferring e-methane

about 3 years ago
Kongsberg’s tech picked for Grimaldi’s hybrid RoRo ships
Business Developments & Projects

Kongsberg’s tech picked for Grimaldi’s hybrid RoRo ships

Norwegian tech provider Kongsberg Maritime has signed a repeat order with Grimaldi Group to supply engineering and technology for two new hybrid roll-on/roll-off (RoRo) vessels.

about 3 years ago
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