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The installation works for EWP-EDF One project begin (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power kicks off installation of 10 wave energy floaters in Israel

Eco Wave Power has started the installation of 10 wave energy floaters in the Port of Jaffa in Israel as part of the EWP-EDF One project.

about 4 years ago
Port of Corpus Christi to become green hydrogen hub
Business Developments & Projects

Port of Corpus Christi to become green hydrogen hub

Apex Clean Energy, Ares, EPIC Midstream, and PCCA will explore the development of green hydrogen production, including a new pipeline and a green fuels hub at the Port of Corpus Christi.

about 4 years ago
Germany halts Nord Stream 2 in response to Russia's latest actions
Business Developments & Projects

Germany halts Nord Stream 2 in response to Russia’s latest actions

Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru

about 4 years ago
Illustration (Courtesy of MPS/Photo by Owen Howells Photography)
Business Developments & Projects

Marine Power Systems scouts for new team members

Welsh company Marine Power Systems (MPS) is looking to fill the vacancies for three positions related to the development of its wave energy and floating wind projects.

about 4 years ago
Na Kika platform in the Gulf of Mexico - BP
Business Developments & Projects

BP brings online ‘some of the most efficient barrels in the world’

BP has announced the start-up of an xpansion project in the Gulf of Mexico, the first of four major to be delivered globally in 2022.

about 4 years ago
dual-fuel methanol-ready multipurpose vessel
Business Developments & Projects

AAL expands methanol-ready multipurpose vessel fleet

Singapore-based heavy-lift project carrier AAL Shipping has added two multipurpose vessels (MPV) to its third-generation newbuilding programme, increasing its orderbook to six Super B-class vessels.

about 4 years ago
Norway's oil output takes a downturn and sinks below predictions
Business Developments & Projects

Norway’s January oil output sinks below predictions

Norway’s oil production in January 2022 fell behind NPD’s predictions by 2.3 per cent, while the gas output also experienced a decrease.

about 4 years ago
Ocean technology trio forms new company
Business Developments & Projects

Ocean technology trio forms new company

Norwegian Nortek, USA-based Strategic Robotic Systems and Australia’s Blueprint Lab have merged to form a common holding company called General Oceans AS. General Oceans will provide management services from a base in London, facilitating collaboration between the companies while also being responsi

about 4 years ago
Somalia’s Auditor General seeking legal action against U.S. company and others involved in offshore oil & gas deal
Business Developments & Projects

Somalia’s inaugural offshore oil & gas deal with U.S. operator deemed illegal

The Office of the Auditor General is taking legal action against parties involved in hydrocarbon exploration deals for acreage off Somalia.

about 4 years ago
k line
Business Developments & Projects

K Line to open its first eco-friendly finished vehicle terminal in Japan

Japanese shipping company Kawasaki Kisen Kaisha (K Line) and Daito Corporation have revealed their plan to launch K Line’s first finished vehicle terminal in Japan.

about 4 years ago
Schlumberger launches reservoir mapping-while-drilling service
Business Developments & Projects

Schlumberger launches reservoir mapping-while-drilling service

Schlumberger has introduced a reservoir mapping-while-drilling service, which is said to leverage advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. GeoSphere 360 delivers real-time 3D reservoir insights which enhance reservoir understanding and enhance well

about 4 years ago
Milford Haven Waterway (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh marine energy test site gets business development boost

Pembrokeshire Coastal Forum, the legal entity behind Marine Energy Test Area (META) project, has hired UK-based consultancy Saline Marine to grow clients and activities in the test area offshore Wales.

about 4 years ago
VLCC
Business Developments & Projects

Green methanol-fueled VLCC wins AiP from CCS, DNV

The green methanol-powered very large crude carrier (VLCC) ship concept jointly developed by COSCO SHIPPING Energy and CSSC’s Dalian Shipbuilding Industry Corporation (DSIC) has received approval in principle (AIP) from two classification societies.

about 4 years ago
West Jupiter drillship - Seadrill
Business Developments & Projects

Almost there – Seadrill heading for bankruptcy exit

Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.

about 4 years ago
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