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Hydrus Group's facilities (Courtesy of Hydrus Group)
Business Developments & Projects

Quoceant starts Q-Connect dry trials

Scottish engineering consultancy Quoceant has started testing its novel quick connection system for wave energy – the Q-Connect – at Hydrus Group’s facilities.

about 4 years ago
Deep Down rebrands to energize and expand subsea solutions
Business Developments & Projects

Deep Down rebrands to energize and expand subsea solutions

Texas-based subsea technology firm Deep Down has decided to change its name in pursuit of energizing the future of the subsea energy sector.

about 4 years ago
MOL
Business Developments & Projects

MOL: Japan’s 1st LNG-fueled ferry launched

Japan’s first LNG-fueled ferry has been launched and named at a local shipyard, shipping company Mitsui O.S.K. Lines (MOL) said.

about 4 years ago
TES accelerates Wilhelmshaven green energy hub development
Business Developments & Projects

TES pushes Wilhelmshaven green energy hub development

TES) is initiating the acceleration of its plans to develop the German port of Wilhelmshaven into a world-scale green energy hub.

about 4 years ago
North Star rakes in over $133.7 million in most sizeable order book in recent years
Business Developments & Projects

New batch of contracts for North Star fleet marks its ‘most sizeable order book’ in years

North Star has inked contracts totalling over $133 million, marking its most sizeable ERRV order book in recent years.

about 4 years ago
Wintershall Dea writes off Nord Stream 2 financing over Russia's attack on Ukraine
Business Developments & Projects

Wintershall Dea writes off Nord Stream 2 financing over Russia’s attack on Ukraine

German oil and gas company Wintershall Dea has decided not to advance or implement any additional oil and gas production projects in Russia and to write off its financing of the Nord Stream 2 project totaling around €1 billion. In a recent personal statement, Wintershall Dea’s chief executive Mario

about 4 years ago
Illustration (Courtesy of TEAMER Program)
Business Developments & Projects

TEAMER supports 9 marine energy developers with $900K

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected nine marine energy projects to receive testing and technical support as part of its fifth call for applications.

about 4 years ago
OneSubsea picks Vallourec’s solution for Bacalhau project
Business Developments & Projects

OneSubsea picks Vallourec’s solution for Bacalhau project

OneSubsea, the subsea technologies division of Schlumberger, has contracted Vallourec to supply upset riser joints for the Bacalhau project offshore Brazil.

about 4 years ago
ConocoPhillips picks up drilling permit for Norwegian Sea wildcat
Business Developments & Projects

ConocoPhillips picks up drilling permit for Norwegian Sea wildcat

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.

about 4 years ago
NYK
Business Developments & Projects

NYK: Concept design for ammonia-ready LNG-fueled vessel completed

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK), its group company Monohakobi Technology Institute (MTI) and Finnish maritime consulting and engineering firm Elomatic Oy have completed the development of a concept design for an ammonia-fuel ready LNG-fueled vessel (ARLFV) for the trans

about 4 years ago
Venice Energy speeds up Outer Harbor LNG construction
Business Developments & Projects

Venice Energy speeds up Outer Harbor LNG construction

Australian developer Venice Energy says it is accelerating the construction schedule for its FSRU-based Outer Harbor LNG import terminal in South Australia.

about 4 years ago
An image of Havfram's planned wind turbine installation vessel
Business Developments & Projects

Subsea contractor targets electrification market for oil & gas through offshore wind

Norwegian subsea contractor Havfram has revealed its goal to become one of the future leaders in the electrification market for oil and gas production assets through offshore wind developments. The move comes after Havfram changed its name from Ocean Installer back in December 2020 to reflect its in

about 4 years ago
ConocoPhillips sheds its Indonesian oil & gas assets for $1.35 billion
Business Developments & Projects

ConocoPhillips exits Indonesia assets to focus on low-cost-of-supply options

ConocoPhillips has sold its oil and gas assets in Indonesia for $1.35 bln to Medco Energi in a bid to amass more clean energy sources.

about 4 years ago
Some of the world’s largest backhoes hard at work on Fehmarnbelt project
Business Developments & Projects

Some of the world’s largest backhoes hard at work on Fehmarnbelt project

Femern A/S has announced that their contractors are making great progress on the construction of the Femern tunnel on the German side by Puttgarden. The tunnel portal, where the traffic will be driven in and out of the tunnel, is clearly seen in the water. Contrary to the Danish portal, the tunnel r

about 4 years ago
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