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Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean)
Business Developments & Projects

CorPower Ocean: Historic EU declarations pave way for rise of wave energy

In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

about 4 years ago
Sapura Energy selling heavy-lift pipelayer to back its long-term sustainability plan
Business Developments & Projects

Sapura Energy to back its long-term sustainability with sale of heavy-lift pipelayer

Malaysian oilfield services provider Sapura Energy has signed a Memorandum of Agreement (MOA) with Safeen Feeder Company – Sole Proprietorship, part of the Abu Dhabi Ports Group of Companies, for the disposal of its pipelaying and crane vessel Sapura 3000. The 2008-built Sapura 3000 is a versatile h

about 4 years ago
Eco Marine Power
Business Developments & Projects

Eco Marine Power chooses Furukawa FCR batteries for zero-emission bulker

In a first for shipping, Eco Marine Power, a Japan-based marine renewable energy technology company and compatriot battery manufacturer Furukawa Battery will supply marine-grade FCR-series batteries for both a solar power system & for backup use on a Handymax bulker.

about 4 years ago
Paldiski LNG terminal in Estonia step closer to completion
Business Developments & Projects

Paldiski LNG terminal in Estonia step closer to completion

Estonian energy company Alexela has informed that dredging work at the Paldiski LNG terminal site is completed, bringing the import terminal a step closed to completion to serve as an alternative to Russian gas.

about 4 years ago
ADNOC Drilling
Business Developments & Projects

UAE’s drilling giant adds two more jack-up rigs to its fleet

UAE-based ADNOC Drilling has signed an agreement to acquire an additional two premium offshore jack-up drilling units.

about 4 years ago
Scaled tidal turbine being tested at SSPA (Courtesy of NEMMO)
Business Developments & Projects

NEMMO projects marks tidal power milestones as it enters final stage

The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.

about 4 years ago
Chinese power cable specialist sets up SBTi net-zero targets
Business Developments & Projects

Chinese power cable specialist sets up SBTi net-zero targets

Chinese power cable specialist Orient Cable (NBO) has revealed its commitment to the Science Based Targets initiative (SBTi) by setting targets to reduce greenhouse gas emissions. In terms of near-term targets, NBO said it had committed to achieving scope 1 and 2 targets that are in line with a 1.5°

about 4 years ago
Transocean Norge drilling rig
Business Developments & Projects

ConocoPhillips curbs resource estimate for Norwegian oil discovery

ConocoPhillips has delineated its Slagugle oil discovery located in the Norwegian Sea, constraining the recoverable hydrocarbon volume of the main segment.

about 4 years ago
shore power
Business Developments & Projects

WPCAP exploring ways to scale up shore power worldwide

World Ports Climate Action Program (WPCAP), a working group that focuses on taking actions against climate change in the maritime sector, has provided updates on current progress and made agreements on how to proceed with the various processes, especially the development of shore power and alternati

about 4 years ago
Neptune gearing up to undertake North Sea drilling ops with Odfjell rig
Business Developments & Projects

Neptune Energy gets green light for drilling in North Sea

Norwegian regulator has granted Neptune Energy consent for exploration drilling in the North Sea, using the Deepsea Yantai rig.

about 4 years ago
Petrobras books another DOF AHTS vessel
Business Developments & Projects

Petrobras books another DOF AHTS vessel

DOF-owned Norskan Offshore and DOF Subsea Serviços Brasil have won service contracts with Petrobras for the anchor handling tug supply (AHTS) vessel Skandi Iguazu, including a remotely operated vehicle (ROV). The contracts are set to commence in the fourth quarter of this year and have a duration of

about 4 years ago
MOL
Business Developments & Projects

MOL 1st Japanese company to join First Movers Coalition

Japanese shipping company Mitsui O.S.K. Lines (MOL) has joined the First Movers Coalition (FMC), an initiative established to boost demand for decarbonization technologies at COP26 held in November 2021.

about 4 years ago
UKOG to work on hydrogen-ready energy storage project
Business Developments & Projects

UKOG to work on hydrogen-ready energy storage project at Portland Port

UK Oil & Gas (UKOG) is working on the Portland Energy-Hub concept centered around hydrogen-ready gas storage and a future green hydrogen generation capability.

about 4 years ago
Dutch contractor to support platform ‘tow-out and hook-up’ for Shell’s deepwater project in Gulf of Mexico
Business Developments & Projects

Dutch contractor to support towing and hook-up ops for Shell’s new Gulf of Mexico platform

Jumbo Maritime has hired Fugro for the delivery and installation of an FPS to be deployed at Shell’s Gulf of Mexico deepwater project.

about 4 years ago
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