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Business Developments & Projects

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Norway
Business Developments & Projects

Seven oil players apply for production licences off Norway

Seven oil and gas companies have applied for production licences in the 25th licensing round offshore Norway, focusing on the Barents Sea.

about 5 years ago
ConocoPhillips center in Houston
Business Developments & Projects

ConocoPhillips VP and COO retiring after 35 years

ConocoPhillips has announced the retirement of Matt Fox as executive vice president and chief operating officer after a 35-year career with the company.

about 5 years ago
Photo of Eco Wave Power's Gibraltar wave power plant (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power narrows 2020 losses

Swedish-Israeli onshore wave energy technology company Eco Wave Power has released financial results for 2020, which show a slight decrease in net loss compared to the results posted a year earlier.

about 5 years ago
Nord Stream 2 AG
Business Developments & Projects

Report: Baker Hughes and others quit Nord Stream 2 amid threat of sanctions

Baker Hughes, AXA Group, and 16 other companies have reportedly abandoned work on the Nord Stream 2 pipeline project and will not be sanctioned by the U.S.

about 5 years ago
Monopiles and transition pieces at Bladt Industries site
Business Developments & Projects

Bladt expanding its facilities to accommodate production of giant offshore wind foundations

Bladt Industries is investing in an expansion of its production facilities at Lindø port of Odense in Denmark to enable the production of XXL monopiles for future offshore wind turbines. The planning for new facilities has already begun and the company has already signed the first agreements with ma

about 5 years ago
startups Wilhelmsen HHLA
Business Developments & Projects

Wilhelmsen, HHLA invest in maritime-focused startups

Motion Ventures, a consortium-driven investment fund powered by Rainmaking, was launched on 25 February 2021.

about 5 years ago
Photo of Nova Innovation's tidal turbine 'Eunice' before installation (Courtesy of Nova Innovation)
Business Developments & Projects

OEE 2020 statistics: Ocean energy proves resilience despite a challenging year

Ocean Energy Europe (OEE) has released a statistics report for ocean energy sector in 2020 which shows that in spite of the inevitable delays and restrictions caused by Covid-19, ocean energy devices still hit the water, significant investments deals were signed, and new manufacturing facilities lau

about 5 years ago
Maersk Resolve rig will work for Spirit Energy on the Grove field - TWMA
Business Developments & Projects

TWMA wins first job with Spirit Energy in North Sea

Specialist drilling waste management company, TWMA, has secured a seven-figure contract with an exploration and production company, Spirit Energy.

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

IECRE launches marine energy survey for all industry stakeholders

IECRE has launched a survey to better understand the growing needs for certification in the marine energy sector and develop corresponding services by certification bodies and test facilities worldwide.

about 5 years ago
ST3 Offshore site in Szczecin, Poland
Business Developments & Projects

ST3 Offshore put up for sale after going bankrupt

Polish manufacturer of steel foundations for offshore wind farms, ST3 Offshore – which declared bankruptcy in March 2020 – has been put up for sale by the Official Receiver of the company in insolvency. A tender has been issued for the sale of ST3 Offshore with a reserve price of the company amounti

about 5 years ago
Novatek inks Arctic LNG 2 supply deal with Shenergy
Business Developments & Projects

Novatek inks Arctic LNG 2 supply deal with Shenergy

Russia’s largest independent natural gas producer and LNG operator Novatek has secured an LNG supply deal with China’s Shenergy Group.

about 5 years ago
joint office SAL Heavy Lift Intermarine
Business Developments & Projects

SAL Heavy Lift, Intermarine open joint office in Brazil

On 1 March 2021, Intermarine Brazil and SAL Heavy Lift Brazil will open a joint office in São Paulo Brazil.

about 5 years ago
The Eagle field could be tied back to Hibiscus Anasuria FPSO
Business Developments & Projects

EnQuest farms down North Sea field to Hibiscus

EnQuest is farming down its interest in the Eagle discovery in the UK North Sea to Anasuria Hibiscus for a nominal consideration of $1.

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

AqualisBraemar to perform DP approvals for Petrobras shuttle tankers

Brazilian national oil company Petrobras has contracted AqualisBraemar with DP acceptance and annual trials for its shuttle tanker fleet operating in Brazil.

about 5 years ago
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