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Illustration/CorPower C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Business Developments & Projects

Ocean energy could create 1.2 million European jobs by 2050, report says

Europe could benefit from the €140 billion economic opportunity and 1.2 million new jobs by 2050 if it takes the lead in the global ocean energy market, a newly launched report states.

about 4 years ago
Cox Marine
Business Developments & Projects

Cox Marine joins SHAPE UK to demonstrate world’s 1st diesel-hydrogen fuelled outboard

British diesel technology innovator, Cox Marine, has joined SHAPE UK, a consortium looking to transition Portsmouth International Port into the UK’s first zero-emissions maritime hub.

about 4 years ago
Dutch LNG-ZERO concept receives subsidy
Business Developments & Projects

Dutch LNG-ZERO concept receives subsidy

Dutch maritime consortium has received financial aid for the LNG-ZERO concept, an ambitious research project originally introduced by TNO.

about 4 years ago
Angola - Chevron
Business Developments & Projects

Chevron gains extension for block offshore Angola through 2050

An affiliate of Chevron in Angola has secured an extension of the Block 0 concession, off the coast of Cabinda province in Angola.

about 4 years ago
ICOE-OEE 2022 announcement (Courtesy of Basque Energy Cluster)
Business Developments & Projects

Fresh ocean energy event to act as catalyst for the sector

The Basque Energy Cluster and Ocean Energy Europe (OEE) have teamed up to deliver a joint event on ocean energy in 2022, expected to act as a catalyst for accelerated development of the sector.

about 4 years ago
A subsea export cable for an offshore wind farm landing on a beach
Business Developments & Projects

TenneT issues cable link tender for IJmuiden Ver 2 GW offshore wind connections

TenneT has launched the tender for the 525 kV DC cable system for the Dutch IJmuiden Ver projects, which will see the transmission system operator (TSO) building at least two 2 GW offshore grid connections to link the wind farms in this wind energy zone to the national grid. The TSO, which expects t

about 4 years ago
Dutch
Business Developments & Projects

Dutch consortium wins €24M research grant to accelerate use of methanol as marine fuel

Methanol as an Energy Step Towards Zero-Emission Dutch Shipping (MENENS) maritime consortium has been awarded a €24 million (about $27 million) grant to conduct research into accelerating the use of methanol as a low-carbon fuel within the shipping industry.

about 4 years ago
Kongsberg Digital scores long-term renewal deal with Heerema for system support
Business Developments & Projects

Heerema renews contract with Kongsberg Digital in support of crane simulator

Kongsberg Digital has won a five-year contract extension with Heerema for system support of maritime simulation solutions and training.

about 4 years ago
Tocardo's T1 tidal turbine next to Subhub platform (Courtesy of QED Naval)
Business Developments & Projects

Tocardo’s tidal energy turbines check in to Subhub plaform

The integration of Tocardo’s T1 tidal energy turbines on QED Naval’s Subhub platform has started last week, ahead of the planned deployment in Yarmouth, off the Isle of Wight.

about 4 years ago
QatarEnergy and Guangdong ink long-term LNG supply deal
Business Developments & Projects

QatarEnergy and Guangdong ink long-term LNG supply deal

Qatar’s state-owned oil and gas company QatarEnergy and Chinese utility Guangdong Energy have entered into a long-term sale and purchase agreement (SPA) for LNG supply to China.

about 4 years ago
An image rendering the Nerehyd technology
Business Developments & Projects

Lhyfe, DORIS plan to launch hydrogen-producing floating wind turbine

France-based green hydrogen technology developer Lhyfe and engineering company DORIS have signed a Memorandum of Understanding (MoU) on working together on offshore hydrogen production projects, with a plan to launch the first floating wind turbine for integration with a hydrogen production system.

about 4 years ago
Beach-Energy-gets-OK-for-Trefoil-seabed-assessment
Business Developments & Projects

Beach Energy gets OK for Trefoil seabed assessment

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Beach Energy’s plan for geophysical and geotechnical seabed assessment on the Trefoil field.

about 4 years ago
Lamprell
Business Developments & Projects

New CEO to head Lamprell and Injazat digital joint venture

Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams.

about 4 years ago
Svitzer
Business Developments & Projects

Maersk’s Svitzer orders fuel-efficient multipurpose tug

Towage operator Svitzer, part of Maersk, has signed an agreement with naval architect Robert Allan and shipbuilder Sanmar Shipyards to build the TRAnsverse Tug, the next-generation multipurpose tug.

about 4 years ago
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