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Business Developments & Projects

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An artist impression of floating wind turbines at sea
Business Developments & Projects

BW Ideol entering Oslo stock exchange, sets 10 GW target for 2030

BW Ideol, a company established after oil & gas services provider BW Offshore bought into the floating wind technology developer Ideol, has applied for admission to the Oslo Stock Exchange and is expected to start trading there around 18 March. Through a private placement of shares, for which a day-

about 5 years ago
OMV Petrom headquarters; Source: OMV Petrom
Business Developments & Projects

OMV Petrom signs contract for block offshore Georgia

Romanian oil and gas company OMV Petrom has signed the production sharing contract (PSC) for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.

about 5 years ago
Illustration for Solar Park Amer (Courtesy of RWE)
Business Developments & Projects

RWE to make floating solar debut in the Netherlands

RWE, one of the world’s leading companies for renewable energy, has unveiled plans to construct its first floating photovoltaic (PV) project in the Netherlands.

about 5 years ago
Babcock - CHC
Business Developments & Projects

CHC to take over Babcock’s oil and gas business

CHC Group has entered into a conditional agreement for the acquisition of the Oil and Gas aviation business of Babcock International Group.

about 5 years ago
First-SPT-Suction-Pile-Jacket-Installed-Offshore-China
Business Developments & Projects

First suction pile jacket installed at Changle Waihai OWF

CCCC – First Harbor Engineering Company has installed the first suction pile jacket at the Fujian Changle Waihai offshore wind project in China. CCCC installed the suction pile jacket on 21 February using SPT Offshore’s SAPS007S suction spread. The Netherlands-based SPT Offshore won a contract in Au

about 5 years ago
Illustration (Courtesy of the University of Oxford)
Business Developments & Projects

Joint UK-Ireland funding to boost research of ocean wave breaking

UK’s Engineering and Physical Sciences Research Council (EPSRC) and Science Foundation Ireland (SFI) have awarded funding for a £1.1 million multi-institution project that aims to assist the development of offshore renewable energy in challenging sea conditions.

about 5 years ago
subsea power cable
Business Developments & Projects

Intertek delivers feasibility study for the world’s longest subsea power link

London-based Intertek has delivered a permit feasibility study for Xlinks’ subsea cable system between the UK and Morocco. UK-based Xlinks is developing the world’s longest 3.6 GW subsea power link between the UK and Morocco, which will transit through the territorial waters of France, Spain and Por

about 5 years ago
Concept for Carnegie’s CETO 6 wave energy technology (Courtesy of Carnegie Clean Energy)
Business Developments & Projects

Carnegie cuts debt and directs funding to progress CETO wave technology

Carnegie Clean Energy has substantially reduced its debt following the conversion of Au$1.75 million (€1.1 million) of convertible notes into shares and unlisted options, making the existing company’s funds sufficient to complete the CETO technology pathway.

about 5 years ago
Total and Microsoft team up for net-zero emissions goals
Business Developments & Projects

Total and Microsoft team up for net-zero emissions goals

French energy major Total will collaborate with Microsoft as strategic partners to further digital transformation and support progress toward net-zero emissions.

about 5 years ago
Credit Bernd Hartung /Greenpeace
Business Developments & Projects

Greenpeace activists land on bank HQ in fossil fuels protest

Greenpeace activists have staged a protest at the headquarters of the European Central Bank (ECB) in Frankfurt due to its support of fossil fuels companies.

about 5 years ago
Gasum opens Malmö LNG fueling station
Business Developments & Projects

Gasum opens Malmö LNG fueling station

The Nordic energy company Gasum has expanded its LNG filling stations network in southern Sweden with a new facility in Malmö.

about 5 years ago
Illustration; Source: NERA
Business Developments & Projects

NERA launches decom centre to assist $40.5 billion market

National Energy Resources Australia (NERA) has launched the Centre of Decommissioning Australia (CODA) to address the challenges and maximise opportunities of decommissioning Australia’s ageing oil and gas infrastructure.

about 5 years ago
Blade manufacturing works underway at LM Wind Power factory in Cherbourg, France
Business Developments & Projects

GE to build new factory for 107-metre offshore wind turbine blades

GE Renewable Energy plans to open a new factory in Teesside in the North East of England, where it will manufacture 107-metre-long blades for the Haliade-X offshore wind turbine. The new manufacturing plant, which will be set up and operated by GE-owned LM Wind Power, is planned to be opened in 2023

about 5 years ago
Shell - Perdido deepwater platform
Business Developments & Projects

Former BHP CEO named new chair at Shell

Shell is making several board changes with the appointment of a former BHP CEO as its new chair as well as the addition of a new non-executive director.

about 5 years ago
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