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Noreco names CFO as managing director
Business Developments & Projects

Noreco CFO taking over as acting managing director after CEO resigns

Noreco has revealed that its CEO resigned from the position, while its CFO has been appointed as the new managing director of the company.

about 4 years ago
JVPC and PetroVietnam renew partnership for ops offshore Vietnam
Business Developments & Projects

JX Nippon and PetroVietnam renew partnership for block off Vietnam

Japan Vietnam Petroleum Company (JVPC) has extended its partnership with PVEP for operations of Block 15-2, located offshore Vietnam.

about 4 years ago
Financing of Sustainable Marine and Freshwater Infrastructure report available
Business Developments & Projects

Financing of Sustainable Marine and Freshwater Infrastructure report available

Central Dredging Association (CEDA), the International Association of Dredging Companies (IADC) and Vital Ports recently presented “Financing of Sustainable Marine and Freshwater Infrastructure” report. Together with B Capital Partners and Swiss Re, they explored what is needed in order to improve t

about 4 years ago
SIMEC Atlantis’ tidal energy turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

In focus: Bit by bit, energy transition takes a more solid shape

The energy transition is taking a more concrete shape with each passing day as witnessed in a week behind us that was full of announcements favoring the net-zero future coming from governments, across investment banks, all the way to private offshore energy companies.

about 4 years ago
BP brings field offshore Angola on stream
Business Developments & Projects

BP brings field offshore Angola on stream

BP has started production at the Platina field, located in the Angolan offshore, approximately 140 kilometres northeast of Luanda.

about 4 years ago
Siem Dorado scores another offshore wind deal
Business Developments & Projects

Siem Dorado scores another offshore wind deal

Norway-based Siem Offshore has secured another offshore wind contract for its multi-purpose support vessel (MPSV) Siem Dorado.

about 4 years ago
JR Shipping
Business Developments & Projects

JR Shipping presents next-gen green feeder vessel designs

Dutch shipping company JR Shipping has unveiled its ECO Feeder program, a series of new ship designs in the container feeder vessel segment.

about 4 years ago
Amidst outcries to phase out fossil fuels, UK’s OGA chairman stands firm on continuing North Sea exploration for foreseeable future
Business Developments & Projects

Amidst outcries to phase out fossil fuels, UK’s OGA chairman stands firm on continuing North Sea exploration for the foreseeable future

OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.

about 4 years ago
Soaring oil & gas demand to catapult well intervention over $14 billion by 2031, Fact.MR says
Business Developments & Projects

Soaring oil & gas demand to catapult well intervention over $14 billion by 2031, Fact.MR says

Offshore oil and gas exploration projects are expected to double the growth of well intervention market, as operators seek to increase production from existing fields.

about 4 years ago
Baltic Pipe readies for next construction milestone
Business Developments & Projects

Baltic Pipe readies for next construction milestone

The pipeline end manifold (PLEM) structure, which is going to connect the Baltic Pipe with the Norwegian gas pipeline Europipe II, will soon be installed onto the seabed.

about 4 years ago
Crestwing's Tordenskiold wave energy prototype (Courtesy of Crestwing)
Business Developments & Projects

Denmark grants funds for Crestwing’s wave energy device optimisation

The Technical University of Denmark (DTU) and Aarhus University (AU) have teamed up on a research project that aims to optimise the efficiency of Crestwing’s wave energy converter.

about 4 years ago
Biden on a mission to combat rising energy prices and lack of supply by tapping into oil reserves
Business Developments & Projects

Biden on a mission to combat rising energy prices and lack of supply by tapping into oil reserves

President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.

about 4 years ago
fund
Business Developments & Projects

€420M green shipping fund launched in the Netherlands

Amsterdam-based sustainable investment management company Prow Capital has launched a €420 million (about $474 million) green shipping fund.

about 4 years ago
Liquid Wind secures $16.9M for carbon-neutral fuel facilty
Business Developments & Projects

Liquid Wind secures $16.9M for eMethanol facility

Swedish power-to-fuel developer Liquid Wind has received €15 million ($16.9 million) for its FlagshipONE eMethanol fuel-producing facility from Swedish Climate Leap.

about 4 years ago
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