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Business Developments & Projects

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Photo showing Penguin wave energy device at BiMEP site (Coutrtesy of Wello)
Business Developments & Projects

Wello deploys Penguin wave energy device off Spain

Finnish wave energy company Wello has deployed its Penguin wave energy device off the coast of Bilbao in the Basque Country.

about 5 years ago
Deepwater Conqueror drillship - Transocean
Business Developments & Projects

Two Transocean drillships get new Gulf of Mexico gigs

Offshore drilling contractor Transocean has won two contracts which, in aggregate, contribute approximately $55.5 million in the backlog.

about 5 years ago
Photo showing Orbital's O2 tidal turbine (Courtesy of Orbital Marine Power)
Business Developments & Projects

Orbital’s first commercial tidal turbine starts exporting clean power to UK grid

Orbital Marine Power’s O2, deemed the world’s most powerful tidal turbine, has started grid-connected power generation offshore Orkney in Scotland. The turbine is also set to provide power for green hydrogen generation to facilitate decarbonisation of wider energy requirements.

about 5 years ago
Illustration (Photo supplied by Nexans)
Business Developments & Projects

Nexans to supply ‘vital connection’ for Equinor’s floating solar plant

French offshore cabling specialist Nexans has been awarded a contract by Equinor to supply power export cable for its floating solar pilot offshore Frøya in Norway.

about 5 years ago
Stena DrillMAX drillship drilled the Whiptail-1 well for ExxonMobil
Business Developments & Projects

ExxonMobil’s fresh oil find off Guyana could form basis for future development

Oil major ExxonMobil has made an oil discovery at Whiptail well off Guyana, which could form the basis for future development.

about 5 years ago
Gjøa platform - Neptune
Business Developments & Projects

Neptune Energy’s North Sea project approved for August start-up

Norwegian authorities have granted consent for the start-up of the Neptune Energy-operated Duva field in the North Sea off Norway.

about 5 years ago
A photo of an offshore wind farm
Business Developments & Projects

Ørsted picks Prysmian inter-array cables for its new OWFs in Germany

Ørsted has awarded Prysmian with a contract worth more than EUR 60 million for the design, supply, termination and testing of inter-array submarine cable systems for the Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany. Prysmian will supply more than 150 kilometres of 66 kV XLPE–ins

about 5 years ago
Illustration (Courtesy of The European Commission)
Business Developments & Projects

EU launches call to establish offshore renewable energies working group

The European Commission has opened a call for expressions of interest for a new working group on offshore renewable energies that would contribute to reaching EU’s ambition of at least 300GW of offshore wind and 40GW of ocean energies by 2050.

about 5 years ago
Siem Offshore secures cable laying work offshore Norway
Business Developments & Projects

Seaway 7 books Siem Offshore OSCV

Siem Offshore has signed a contract with Seaway 7, the renewables business unit of Subsea 7, for the utilization of one of its offshore subsea construction vessels (OSCVs).

about 5 years ago
Petronas
Business Developments & Projects

Petronas awards acreage offshore Malaysia to Shell-led trio

Malaysian energy giant Petronas has awarded Block SK437 offshore Sarawak to Petronas Carigali, Shell, and Petroleum Sarawak Berhad (Petros).

about 5 years ago
GasLog Partners and TotalEnergies sign another charter deal
Business Developments & Projects

GasLog Partners and TotalEnergies sign another charter deal

GasLog’s New York-listed spinoff GasLog Partners has signed a time charter agreement with French energy major TotalEnergies.

about 5 years ago
Borr Norve rig is drilling off Gabon for BW Energy
Business Developments & Projects

BW working to tie in Gabon wells for first oil later this year

BW Energy has completed the final horizontal production well in Gabon and is now working to tie in two wells for the first oil production.

about 5 years ago
Hurricane
Business Developments & Projects

Hurricane Energy restarts production at Lancaster following FPSO maintenance

UK oil and gas company Hurricane Energy has resumed production operations from its Lancaster field following an annual maintenance shutdown on the Aoka Mizu FPSO.

about 5 years ago
Prysmian ready to launch production for three German HDVC cable projects
Business Developments & Projects

Prysmian ready to launch production for three German HDVC cable projects

Italian cabling company Prysmian Group has set up its organisation for the development of the three German power transmission HDVC cable projects SuedOstLink, SuedLink and A-Nord.

about 5 years ago
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