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Subsea 7 Hywind Tampen
Business Developments & Projects

Subsea 7 plants first cables for Hywind Tampen floating offshore wind farm

Subsea 7 has laid the first subsea cables in the water for the 94.6 MW Hywind Tampen floating wind farm offshore Norway. JDR Cable System is in charge of supplying the electric cables for the project from its factory in Hartlepool, the UK, while Subsea 7 is responsible for the installation of the ca

about 4 years ago
WoodMac: What are three cornerstones of future-fit energy super basins?
Business Developments & Projects

Three key elements of future-fit energy super basins – WoodMac

Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.

about 4 years ago
Geospace Technologies enters $12M OBN rental deal with SAExploration
Business Developments & Projects

Geospace Technologies enters $12M OBN rental deal with SAExploration

Texas-based seismic solutions provider Geospace Technologies has signed an extended duration rental contract with compatriot marine geophysical services provider SAExploration for seabed ocean bottom wireless seismic data acquisition nodes. Under the agreement of an estimated value of $12 million, S

about 4 years ago
Ocean Harvesting's InfinityWEC (Courtesy of Ocean Harvesting Technologies)
Business Developments & Projects

Ocean Harvesting files new patent application for wave energy device

Swedish company Ocean Harvesting Technologies has filed a new patent application for an improved wave energy system with standard components.

about 4 years ago
Sempra Infrastructure, CFE consider new LNG project in southern Mexico
Business Developments & Projects

Sempra Infrastructure, CFE consider new LNG project in southern Mexico

U.S. LNG company Sempra Infrastructure and Mexico’s state-owned utility CFE are to jointly develop energy infrastructure projects in Mexico, including the proposed Vista Pacífico LNG project, and the potential development of an LNG terminal in Salina Cruz, Oaxaca.

about 4 years ago
Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows 'remains uncertain'
Business Developments & Projects

Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows ‘remains uncertain’

The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a

about 4 years ago
Sangomar FPSO - Woodside
Business Developments & Projects

Woodside abandons Sangomar sale plans

Woodside has abandoned its previous plans related to the sell-down of equity interest in its operated Sangomar project located off Senegal.

about 4 years ago
Wärtsilä officially exits Russian market
Business Developments & Projects

Wärtsilä officially exits Russian market

Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.

about 4 years ago
Kim Heng unit inks MoU with Crowley to support US offshore wind projects
Business Developments & Projects

Kim Heng unit inks MoU with Crowley to support US offshore wind projects

Adira Renewables, a wholly-owned subsidiary of Kim Heng, signed a non-binding Memorandum of Understanding (MoU) with Crowley Wind Services to cooperate on offshore wind farm cable laying installation projects across the US East Coast. Under the MoU, Kim Heng will issue updates about material develop

about 4 years ago
AIDA Cruises
Business Developments & Projects

Biofuel debut for AIDA Cruises ship in Rotterdam

German cruise line AIDA Cruises, part of Carnival Corporation, has started using biofuels as part of its CO2 emission reduction strategy.

about 4 years ago
Wavepiston wave energy system (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston secures €600K in investment commitments

Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.

about 4 years ago
President Biden visits Prysmian’s Massachusetts subsea cable factory
Business Developments & Projects

President Biden visits Prysmian’s Massachusetts subsea cable factory

U.S. President Joe Biden has visited the site of Prysmian’s new submarine power cables plant in Brayton Point, Massachusetts, which is a part of the company’s support for the development of offshore wind in the US. President Biden visited the site on 19 July, shortly after the first layer of approva

about 4 years ago
TES
Business Developments & Projects

Zodiac Maritime, others invest in TES to accelerate energy transition

Tree Energy Solutions (TES), a Belgium-based green hydrogen company, has concluded its second fundraising round at €65 million ($66.2 million).

about 4 years ago
Liza Unity FPSO - SBM Offshore
Business Developments & Projects

15 banks secure financing for SBM Offshore’s largest FPSO so far

Dutch FPSO operator SBM Offshore has completed the project financing for its largest FPSO so far, which will work for ExxonMobil off Guyana.

about 4 years ago
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