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An image rendering of the Stillstrom offshore charging solution
Business Developments & Projects

Maersk, Port of Aberdeen to explore building offshore vessel charging hub

Maersk’s offshore charging company, Stillstrom, and Port of Aberdeen have signed a memorandum of understanding (MOU) to perform a joint feasibility study into a charging hub that would use offshore wind or other renewable energy source to power vessels on standby outside the port. Running until the

about 4 years ago
Rystad says this year’s high-impact oil & gas drilling activity on track to yield ‘one of the most productive annual volumes’ ever recorded
Business Developments & Projects

Rystad: 2022 high-impact oil & gas drilling activity on track to yield ‘one of the most productive annual volumes’

Rystad: Drilling success rate is set to rebound this year with the potential to result in one of the highest hydrocarbon volumes total on record.

about 4 years ago
Pasha Hawaii
Business Developments & Projects

Pasha Hawaii’s new boxship 1st to refuel with LNG on U.S. West Coast

Pasha Hawaii’s MV George III has become the first container ship powered by liquefied natural gas (LNG) to refuel on the U.S. West Coast.

about 4 years ago
Illustration/Wind and wave renewable energy platforms (Courtesy of Exowave)
Business Developments & Projects

Exowave and Semco Maritime form strategic partnership for wave energy

Danish wave energy start-up Exowave has teamed up with international offshore energy services provider Semco Maritime to build the future wave energy sector’s value chain.

about 4 years ago
POSH buys BOA Deep C to expand service capabilities
Business Developments & Projects

POSH buys BOA Deep C to expand service capabilities

PACC Offshore Services Holdings (POSH) has signed an agreement to acquire offshore construction vessel (OCV) BOA Deep C from BOA OCV with an aim of bolstering its service capabilities. With the addition of the vessel, the company will complement the existing fleet with capabilities including subsea

about 4 years ago
Independence Hub - Gulf of Mexico
Business Developments & Projects

Audubon to work on LLOG’s deepwater project in Gulf of Mexico

Audubon Engineering has entered into an agreement with LLOG to support its Salamanca floating production system project in the Gulf of Mexico.

about 4 years ago
ExxonMobil and ONGC to embark on deepwater oil & gas exploration off India
Business Developments & Projects

ExxonMobil and ONGC to embark on deepwater oil & gas exploration off India

ExxonMobil has joined forces with ONGC to pursue hydrocarbon exploration opportunities in deep waters offshore India.

about 4 years ago
© Gabriel Bulacio/Greenpeace - Argentine Sea
Business Developments & Projects

Equinor faces fierce opposition over plans for seismic campaign in Argentine Sea

Equinor is planning to conduct seismic exploration activities in the Argentine Sea but the environmentalists claim that the development of the offshore oil industry there would be disastrous.

about 4 years ago
Illustration/TTI’s NetBuoy during tank trials (Courtesy of Wave Energy Scotland, one of the participants in WPTO workshop)
Business Developments & Projects

New materials and manufacturing processes as stepping stone for marine energy commercialization

US Department of Energy (DOE) has released a summary report featuring insights of more than 100 participants of the workshop that analyzed the potential of new materials and manufacturing processes to accelerate the commercialization of marine energy.

about 4 years ago
Dorado FPSO
Business Developments & Projects

Inflation and supply chain uncertainty cause delays for Dorado oil project

Santos has informed that the inflationary cost environment and supply chain uncertainty do not support the FID of its Dorado project in 2022.

about 4 years ago
Magesis Fairfield
Business Developments & Projects

Magseis Fairfield scores ‘large’ OBN deal with ExxonMobil

Magseis Farifield has signed an agreement with ExxonMobil affiliate for what is said to be a large ocean bottom node (OBN) project offshore Guyana. The contract was signed with Esso Exploration and Production Guyana Limited (EEPGL). The project is expected to be conducted using Magseis’ ZXPLR techno

about 4 years ago
SolarDuck testing its offshore floating solar array at LiR NOTF (Screenshot/Video by SolarDuck)
Business Developments & Projects

SolarDuck’s offshore floating solar array aces LiR NOTF tests

Dutch floating solar specialist SolarDuck has tested its floating solar array model at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies.

about 4 years ago
NFE
Business Developments & Projects

NFE, Apollo complete $2B LNG maritime joint venture

US energy company New Fortress Energy (NFE) and compatriot alternative asset manager Apollo have completed the previously announced joint venture, establishing a platform that now owns and operates eleven liquefied natural gas (LNG) infrastructure vessels.

about 4 years ago
A visualization of a floating wind farm with Technip Energies' technology
Business Developments & Projects

Corio, TotalEnergies award FEED contract for 504 MW floating wind farm in South Korea

Corio Generation and TotalEnergies have selected a consortium comprising Technip Energies, Subsea 7, and Samkang M&T to perform Front-End Engineering Design (FEED) for their 504 MW floating wind project in South Korea. The contract covers engineering for the floating foundation, mooring, and inter-a

about 4 years ago
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