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Business Developments & Projects

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Draugen platform - OKEA
Business Developments & Projects

OKEA to develop gas discovery as first Draugen tie-back

OKEA, Petoro, and Neptune Energy Norge have made the decision to develop the Hasselmus gas discovery as a subsea tie-back to Draugen.

about 5 years ago
Three60
Business Developments & Projects

Three60 Energy fills several senior roles

Energy services group Three60 Energy has made a series of senior appointments, hiring leading people from a who’s who of energy or energy services companies.

about 5 years ago
Illustration/Alstom's 1MW DeepGen tidal turbine (Courtesy of Alstom/Archive)
Business Developments & Projects

Marine energy industry set for kick-off in the Far East

A new partnership between academia and business entities has been established in East Asia under the joint goal of introducing and developing marine energy industry in Taiwan.

about 5 years ago
Tahkoluoto, Finland's first commercial offshore wind farm
Business Developments & Projects

Finnish region planning 6 GW offshore wind Power-to-X project

The Finnish government has submitted its National Recovery Plan to the European Commission, allocating € 318.7 million to support clean energy and energy infrastructure developments, including a 6 GW offshore wind farm that will incorporate a Power-to-X solution. Finland plans to support offshore wi

about 5 years ago
NAGA 7 rig - Velesto Energy
Business Developments & Projects

Velesto abandons sunken rig while progressing insurance claims

Malaysian rig owner Velesto Energy is progressing on the insurance claims and it has issued a notice of abandonment for its NAGA 7 rig, which tilted and submerged off Malaysia in May 2021. On 3 May 2021, an incident involving Velesto NAGA 7 drilling rig occurred due to the penetration of one of its

about 5 years ago
Harmony Link
Business Developments & Projects

Litgrid and PSE make investment decisions for Harmony Link

Litgrid and PSE have approved the final investment decisions on the implementation phase of the Harmony Link interconnector, a submarine power cable line between Poland and Lithuania.

about 5 years ago
LNG bunkering operations to commence at Japan’s Yokohama port
Business Developments & Projects

LNG bunkering to commence at Japan’s Yokohama port

NYK Line, NYK Cruises, Ecobunker Shipping and Yokohama City have signed a memorandum of understanding (MoU) to carry out LNG bunkering operations at Japan’s Port of Yokohama.

about 5 years ago
Photo showing the UniWave200 unit installed offshore Tasmania (Courtesy of Wave Swell Energy)
Business Developments & Projects

Wave Swell Energy embarks on Bluefire to cut costs for wave energy

Australian company Wave Swell Energy (WSE) has launched the Bluefire project, a comprehensive enhancement programme dedicated to refining its wave energy technology, and developing and implementing additional benefits for both the wave energy sector and the environment as a whole.

about 5 years ago
Heerema - The Balder DCV working on Morpeth TLP removal
Business Developments & Projects

Heerema vessel removes Gulf of Mexico platform for Eni – gallery

Heerema Marine Contractors’ DCV Balder has completed the offshore removal of the Morpeth tension leg platform on behalf of Eni.

about 5 years ago
Subsea UK office
Business Developments & Projects

NSRI to become part of Subsea UK

National Subsea Research Initiative (NSRI) is set to be incorporated into Subsea UK as part of an on-going transition towards the establishment of a Global Underwater Hub.

about 5 years ago
Borr Drilling's rigs
Business Developments & Projects

Borr upbeat about market amid strong tendering and contracting activity

Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.

about 5 years ago
GS Caltex, KOGAS join in on liquid hydrogen project
Business Developments & Projects

GS Caltex and KOGAS join in on liquid hydrogen project

South Korea’s refiner GS Caltex and South Korea’s LNG importing giant Korea Gas Corporation (KOGAS) have signed a memorandum of understanding (MoU) for liquid hydrogen production and supply value chain.

about 5 years ago
CLEANBU
Business Developments & Projects

ZeroLab, Good Shipping turn to insetting to speed up decarbonization

ZeroLab, Torvald Klaveness’ subsidiary dedicated to the decarbonization of seaborne supply chains, has partnered with Dutch company GoodShipping, to offer all charterers the opportunity to compensate for their shipping-related emissions through insetting.

about 5 years ago
PGS begins data rejuvenation project offshore Cyprus
Business Developments & Projects

PGS begins data rejuvenation project offshore Cyprus

Petroleum Geo-Services (PGS) has commenced the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry. The 14,750 square kilometer PSDM re-processing endeavor will deliver a single data volume over several highly prospect

about 5 years ago
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