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Business Developments & Projects

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A photo of TenneT's offshore substation at an offshore wind farm
Business Developments & Projects

Dutch government launches consultation on IJmuiden Ver Gamma project

The Dutch Ministry of Economic Affairs and Climate and the transmission system operator (TSO) TenneT have opened consultation on the IJmuiden Ver Gamma 2 GW offshore wind connection project, the third offshore grid in the wind farm zone along with IJmuiden Ver Alpha and Beta. Local residents, compan

about 5 years ago
Oil barrels - oil demand
Business Developments & Projects

Rystad downgrades peak oil demand to 101.6 million bpd in 2026

Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

about 5 years ago
I-Tech
Business Developments & Projects

I-Tech: Industry needs to tackle barnacle fouling in ship niche areas

Barnacle fouling is hugely prevalent in ship niche areas and the shipping industry needs to take steps to mitigate the impact of hard fouling in these areas, research commissioned by Swedish biotechnology company I-Tech AB found.

about 5 years ago
Orca AI
Business Developments & Projects

Autonomous marine navigation startup Orca AI raises fresh funding

Orca AI, an AI-based navigation and collision avoidance solution, has raised $13 million in Series A funding, taking its total raised to over $15.5 million.

about 5 years ago
Halliburton
Business Developments & Projects

Halliburton and Baker Hughes optimistic despite lower revenues

Halliburton and Baker Hughes have both seen a decrease in quarterly revenues but the companies are optimistic about the rest of 2021.

about 5 years ago
TECO 2030
Business Developments & Projects

TECO 2030 rolls out CO2 capture ready hybrid/closed loop Future Funnel

Norwegian engineering company TECO 2030 ASA has unveiled a newly developed TECO 2030 Future Funnel with hybrid and closed loop alongside the already existing open loop.

about 5 years ago
CMB, Tsuneishi collaborate on hydrogen tech in Japan
Business Developments & Projects

CMB and Tsuneishi collaborate on hydrogen tech in Japan

Belgian shipowner Compagnie Maritime Belge (CMB) and Japanese shipbuilder Tsuneishi have launched a joint venture to develop the hydrogen internal combustion engine (H2ICE) technology for the Japanese industrial and marine market.

about 5 years ago
Photo of Fairplayer vessel's mobilisation for Mero 1 (Courtesy of Jumbo Maritime)
Business Developments & Projects

Fugro rolls in Jumbo’s positioning contract for Mero 1 offshore Brazil

Dutch survey contractor Fugro has secured positioning and construction support services job for offshore installation contractor Jumbo Maritime on the Mero 1 deepwater field development offshore Brazil.

about 5 years ago
Deepsea Nordkapp rig - Aker BP
Business Developments & Projects

Aker BP gearing up for Barents Sea well

Norwegian Petroleum Safety Authority has given consent to Aker BP for drilling in the Barents Sea, using the Deepsea Nordkapp rig.

about 5 years ago
Photo showing Sustainable Marine's 420kW PLAT-I 6.40 floating tidal energy platform (Courtesy of Sustainable Marine Energy)
Business Developments & Projects

Sustainable Marine, German partners to advance tidal turbine blades

UK-based marine energy company Sustainable Marine Energy is adopting cutting-edge aerospace and wind energy technology in a new project set to drive the evolution of tidal turbine blades.

about 5 years ago
L to R: Jeroen van Woerkum, Damen Shipyards Hardinxveld; Don Hoogendoorn, SolarDuck (Courtesy of SolarDuck)
Business Developments & Projects

Damen builds SolarDuck’s offshore floating solar demonstrator

Dutch shipbuilder Damen Shipyards Group has constructed SolarDuck’s offshore floating solar demonstrator that will be deployed for testing later this month.

about 5 years ago
BKK, AL, Equinor in Europe’s first maritime value chain project
Business Developments & Projects

BKK, AL, Equinor in Europe’s first maritime value chain project

Aurora, Europe’s first maritime value chain project for liquid hydrogen, launched by BKK, Air Liquide, and Equinor to build a complete liquid hydrogen supply chain for ships.

about 5 years ago
Petronas
Business Developments & Projects

Petronas assigns development of two fields to Vestigo

Petronas has awarded the PSC for two offshore fields under the newly introduced Small Field Asset PSC terms, to Vestigo Petroleum.

about 5 years ago
Resen Waves' Smart Power Buoy (Courtesy of Resen Waves)
Business Developments & Projects

Resen Waves, Ulstein Belga Marine team up for smart power buoys

Danish wave power company Resen Waves has signed a partnership agreement with Ulstein Belga Marine to deliver smart power buoys to the Brazilian offshore energy industry.

about 5 years ago
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