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Business Developments & Projects

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Askeladd template loadout - Equinor
Business Developments & Projects

Equinor and partners to invest $384 million in Barents Sea project

Equinor and its partners Petoro, Total, Neptune, and Wintershall Dea have decided to develop the Askeladd Vest project off Norway.

about 5 years ago
KSOE
Business Developments & Projects

KSOE adds Suezmax pair to its orderbook

KSOE, a major shipbuilder in South Korea, is on a winning streak as it secured another order for the construction of two crude oil carriers.

about 5 years ago
HyNet North West granted substantial funding
Business Developments & Projects

HyNet North West granted £72m for net-zero push

UK’s hydrogen and CCS project HyNet North West has received £72m funding, marking a major step forward in UK’s drive to net-zero.

about 5 years ago
Location of XIX Neptune Deep in the Black Sea
Business Developments & Projects

OMV Petrom to operate Black Sea block if Romgaz takes over Exxon’s share

In case Romgaz finalizes the takeover of the Neptun Deep project from ExxonMobil, Romania’s OMV Petrom will become the operator.

about 5 years ago
Photo showing Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power9
Business Developments & Projects

Orbital Marine launches world’s most powerful tidal turbine

Scottish tidal energy company Orbital Marine Power has launched its 2MW tidal turbine O2 from the Port of Dundee, sending it on its way to Orkney for commissioning and installation.

about 5 years ago
Hyundai Heavy
Business Developments & Projects

Hyundai Heavy develops AI-based fire monitoring system

Hyundai Heavy Industries (HHI) Group has developed an artificial intelligence (AI) based safety management/monitoring system (HiCAMS) and obtained classification and flag approval-in-principal (AIP) for the first time in the shipbuilding industry.

about 5 years ago
J.T. Angel jack-up rig - Shelf Drilling
Business Developments & Projects

Shelf Drilling lands three-year rig job in India

Shelf Drilling has received a three-year contract for one of its jack-up drilling rigs with Oil and Natural Gas Corporation (ONGC) in India.

about 5 years ago
Illustration (Courtesy of 3D at Depth)
Business Developments & Projects

3D at Depth delivers Subsea LiDAR metrologies for Subsea 7

Subsea services specialist 3D at Depth has completed a series of 31 metrologies for Subsea 7 at eight locations on Equinor’s Snorre field expansion in the North Sea.

about 5 years ago
Illustration/OPT's PB3 PowerBuoy (Courtesy of OPT)
Business Developments & Projects

OPT deploys PB3 PowerBuoy for Enel Green Power in Chile

Ocean Power Technologies (OPT) has deployed its PB3 PowerBuoy for Enel Green Power (EGP) off the coast of Las Cruces in Chile to support the country’s transition to clean energy.

about 5 years ago
Talos Energy's GC 18 platform in the Gulf of Mexico
Business Developments & Projects

Talos plans to redo Bulleit well in shallower sand

Talos Energy plans to recomplete its Bulleit well, in the Gulf of Mexico, in the shallower DTR-10 sand and to move away from the MP sand.

about 5 years ago
A photo of the Fugro Brasilis survey vessel at sea
Business Developments & Projects

Fugro bags offshore wind contracts in South Korea and U.S.

Fugro has been awarded contracts in the offshore wind sector in South Korea and the U.S., according to the company’s results for the first quarter of 2021. In South Korea, Fugro has won a contract for a site investigation programme for a floating offshore wind farm. The company did not disclose any

about 5 years ago
Illustration (Courtesy of Hellenic Cables)
Business Developments & Projects

Hellenic Cables to build subsea connection for Greece’s largest wind farm

Hellenic Cables, in a joint venture with Asso.subsea, has won 150kV subsea interconnection project for Terna Energy’s Kafireas II wind farm.

about 5 years ago
Photo of Orbital Marine's O2 floating above the barge (Courtesy of Orbital Marine Power)
Business Developments & Projects

Orbital Marine’s O2 tidal turbine launch underway

Scottish tidal energy company Orbital Marine Power is currently performing the launching operation of its O2 tidal energy turbine.

about 5 years ago
Aker-and-Strathclyde-Uni-Kick-Off-Turbine-Blade-Recycling-Project
Business Developments & Projects

Aker and Strathclyde Uni collaborating on wind turbine blade recycling

Aker Offshore Wind, Aker Horizons and the University of Strathclyde have signed a Memorandum of Understanding (MoU) to collaborate on accelerating recycling glass fiber used in wind turbine blades. The aim of the MoU is to drive forward the development of recovery processes for used glass fiber prod

about 5 years ago
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