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DSME will build a platfrom for the Al-Shaheen field off Qatar
Business Developments & Projects

DSME wins $635 million order to build platform for Qatar’s giant oil field

South Korea’s DSME has been awarded a contract to deliver an offshore crude oil production platform for Qatar’s largest oil field.

about 5 years ago
A photo from the signing of the cooperation agreement between SOCAR and Technip Energies
Business Developments & Projects

Plan to power oil & gas ops with floating wind unveiled in Azerbaijan

SOCAR and Technip Energies have signed a cooperation agreement which, among other things, will see the two companies working on a joint pilot project for powering upstream operations in Azerbaijan’s sector of the Caspian Sea with electricity produced by a floating wind turbine. If the project moves

about 5 years ago
Photo showing the Morlais Demonstration Zone (Courtesy of Welsh Government)
Business Developments & Projects

Anglesey tidal energy project in line for £9 million funding boost

The Morlais tidal stream energy project has taken a significant step forward following approval of its outline business case by the North Wales Economic Ambition Board.

about 5 years ago
Global OTEC Resources' floating OTEC concept (Courtesy of Global OTEC Resources)
Business Developments & Projects

Alliance formed to bring floating OTEC to small islands

SIDS DOCK has signed an agreement with Global OTEC Resources to collaborate on developing and deploying floating ocean thermal energy conversion (OTEC) technology in small island states.

about 5 years ago
Svitzer
Business Developments & Projects

Svitzer tugs to service FGEN LNG’s LNG import terminal

Svitzer, a Danish towage provider and Maersk subsidiary, has signed a ten-year time charter party with FGEN LNG, a subsidiary of First Gen, for the provision of towage and other vessel support services required by FGEN LNG’s interim offshore LNG terminal.

about 5 years ago
Marine feasibility study underway at Italy-Tunisia link
Business Developments & Projects

Marine feasibility study underway at Italy-Tunisia link

RINA, in a joint venture with the Tunisian subsidiary Comete Engineering, is carrying out a marine feasibility study for the 600 MW Italy-Tunisia interconnection. The submarine survey project, which started in April, will run for one year and will identify two possible landfalls at either end of the

about 5 years ago
Oceans of Energy's offshore floating solar system (Courtesy of Oceans of Energy)
Business Developments & Projects

Oceans of Energy’s floating solar system weathers through all North Sea storms

Dutch developer of offshore floating solar technology Oceans of Energy has reached a milestone with its offshore floating solar demonstrator which survived all storms encountered in the North Sea in the past 18 months.

about 5 years ago
Illustration (Courtesy of Kraken Robotics)
Business Developments & Projects

Kraken Robotics to inspect subsea assets in West Africa

Kraken Robotics has signed a contract with an undisclosed international energy company to provide underwater inspection of the subsea assets in West Africa.

about 5 years ago
KSOE
Business Developments & Projects

KSOE surpasses annual order target with newest deal

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) said it has exceeded its annual order target after securing another deal for the construction of two LNG carriers.

about 5 years ago
World’s recoverable oil resources take a hit, Rystad says
Business Developments & Projects

World’s recoverable oil resources take a hit, Rystad says

The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.

about 5 years ago
Wärtsilä tests pure hydrogen/ammonia engines
Business Developments & Projects

Wärtsilä tests pure hydrogen/ammonia engines

Finland-based technology group Wärtsilä has performed several full-scale engine tests running on ammonia and hydrogen as fuels as part of its new net-zero test program.

about 5 years ago
A photo of the SEM-REV test site offshore France
Business Developments & Projects

DNV to study safety risks on world’s first offshore renewable hydrogen facility

DNV will lead the process safety study to identify the main environmental, safety and operational risks for the world’s first offshore green hydrogen production facility, which will be put into operation next year in France. The risks DNV will be investigating include the floating barge, fuel cells

about 5 years ago
Novatek
Business Developments & Projects

Novatek subsidiary to develop Russia’s LNG fuel market

Russia’s largest independent natural gas producer Novatek has decided to create a subsidiary called ‘Novatek – LNG Fuel’ which will be in charge of developing Russia’s LNG fuel market.

about 5 years ago
Illustration/Oscilla Power's Triton-C wave energy converter design (Courtesy of Oscilla Power)
Business Developments & Projects

TEAMER backs 14 marine renewable energy projects

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 14 marine energy projects to receive testing and technical support as part of its third call for applications.

about 5 years ago
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