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Business Developments & Projects

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Technical power potential of U.S. marine energy resources (in TWh/yr) for the United States, U.S. territories, and freely associated states (Courtesy of NREL)
Business Developments & Projects

NREL publishes marine energy resource report for United States

The National Renewable Energy Laboratory (NREL) has released a report which summarizes the best available data on the United States’ marine energy resources at both state and regional scales.

about 5 years ago
A photo of an offshore wind farm with wind turbines spinning
Business Developments & Projects

Germany puts three new offshore wind sites out to tender

German Federal Network Agency (Bundesnetzagentur) opened tenders for three new offshore wind sites on 26 February. Two of the sites are located in the North Sea and one is situated in the German part of the Baltic Sea. The tenders are open until 1 September, with the maximum value of bids limited to

about 5 years ago
SEA-LNG: Bio-LNG for extended GHG reduction compliance
Business Developments & Projects

SEA-LNG: Bio-LNG for extended GHG reduction compliance

SEA-LNG, the industry coalition which promotes LNG as a marine fuel, states that blending bio -LNG with LNG as a marine fuel extends the vessel’s eligibility for funding under Poseidon Principles.

about 5 years ago
An image of the floating wind foundation to be installed at Provence Grande Large project
Business Developments & Projects

Seabed surveys needed for 24 MW French floating wind project

Parc Eolien Offshore de Provence Grand Large, an EDF EN France company developing a 24 MW floating wind demonstration project in the French part of the Mediterranean Sea, has launched a tender for offshore survey services. The developer is looking to carry out seabed clearance, unexploded ordnance (

about 5 years ago
Deltamarin unveils new LNG-powered boxship design
Business Developments & Projects

Deltamarin unveils new LNG-powered boxship design

Finnish ship designer Deltamarin unveiled its new LNG-powered Kielmax container vessel design, named C.Delta2100.

about 5 years ago
Normand Ranger vessel - Solstad
Business Developments & Projects

Solstad vessels to support drilling off Australia and Timor Leste

Norwegian vessel owner Solstad Offshore has secured new contract awards for its vessels for operations in Australia and Timor Leste.

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

Chevron invests $300 million in low-carbon technology

U.S. oil major Chevron has, through one of its subsidiaries, launched a $300 million-worth Future Energy Fund II focused on technologies that would enable cleaner energy for all.

about 5 years ago
Shell-chartered LNG London completes milestone loading
Business Developments & Projects

Shell-chartered LNG London completes milestone loading

Belgian inland transportation specialist, Victrol, said LNG London completed its 100th loading at the Gate LNG terminal in the Dutch port of Rotterdam.

about 5 years ago
ADNOC
Business Developments & Projects

ADNOC fleet expansion to add 12 million barrels cargo capacity

ADNOC Logistics & Services, the shipping and maritime logistics arm of ADNOC, is expanding its fleet with the acquisition of six VLCCs.

about 5 years ago
Windpark-Fryslân-Turbine-Installation-About-to-Begin
Business Developments & Projects

Windpark Fryslân turbine installation about to begin

The installation of Siemens Gamesa turbines at the Windpark Fryslân nearshore wind farm in the Netherlands is set to commence at the beginning of March. The 382.7 MW Windpark Fryslân will comprise 89 Siemens Gamesa 4.3 MW turbines located in the IJsselmeer Lake. According to the project developer, a

about 5 years ago
Golar LNG profit slips, FLNG Hilli Episeyo hits cargo milestone
Business Developments & Projects

Golar LNG profit slips, FLNG Hilli Episeyo hits cargo milestone

Golar LNG, owner and operator of LNG midstream infrastructure, saw its fourth-quarter profit dwindle.

about 5 years ago
Petroleo Nautipa - FPSO working on the Etame Marin block; Source: BW Offshore
Business Developments & Projects

Vaalco closes Etame Marin block stake buy from Sasol

Houston-based oil and gas company Vaalco Energy has closed the acquisition of Sasol’s 27.8 per cent working interest in the Etame Marin block offshore Gabon.

about 5 years ago
A Borr Drilling jack-up rig
Business Developments & Projects

Borr Drilling nets new deals for jack-up rigs

Borr Drilling has won a new contract and signed four letters of intent and one letter of award for its fleet of jack-up drilling rigs.

about 5 years ago
A photo of the Annapolis Tidal Generating Station (Courtesy of Tethys)
Business Developments & Projects

North America’s oldest tidal power plant set for closing

Nova Scotia Power, the owner of the Annapolis Tidal Generating Station, has decided to retire the 37-year-old power plant following a failure related to its electrical system.

about 5 years ago
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