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Business Developments & Projects

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BP and EnBW secure prime wind real estate offshore UK
Business Developments & Projects

BP and EnBW secure prime wind real estate offshore UK

UK oil and gas major bp and German energy company EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4. This marks bp’s entry into the UK’s offshore wind power sector, currently the largest in the world. The leases, both located in the Irish Sea, offer

about 5 years ago
Iberdrola's Wikinger offshore wind farm in the German Baltic Sea
Business Developments & Projects

Iberdrola’s € 2 Bn green bond to fund Saint Brieuc, Baltic Eagle OWFs

Iberdrola has launched a green hybrid bond amounting to EUR 2 billion and will use the raised funds to finance and refinance the Saint-Brieuc and Baltic Eagle offshore wind farms in France and Germany, respectively. The company said that this was the largest green hybrid bond issue in its history an

about 5 years ago
Hywind Tampen will be the world’s first floating wind farm built to power oil and gas platforms. Vår Energi is part owner in the project.
Business Developments & Projects

Two Norwegian energy players unite to speed up energy transition efforts

Norwegian HitecVision and compatriot Agder Energi are teaming up to develop new companies for the coming energy transition.

about 5 years ago
Høglund provides LNG solutions to three German vessels in hazardous roles
Business Developments & Projects

Hoglund FGSS picked for German LNG vessels

Marine solutions and system integration expert Høglund signed a contract with German shipyard Abeking & Rasmussen to supply the fuel gas supply system (FGSS) for three vessels of the German government.

about 5 years ago
Illustration for Jaffa Port floaters (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power gets green light to install wave energy floaters in Israel

Eco Wave Power has secured the engineering coordination permit for the installation of ten floaters for the ‘EWP-EDF One’ wave energy project in the Port of Jaffa in Israel.

about 5 years ago
RenewableUK’s Deputy Chief Executive Melanie Onn.
Business Developments & Projects

RenewableUK voices concerns over Round 4 offshore wind leasing option fees

RenewableUK has welcomed the selection of preferred bidders at the Crown Estate’s Offshore Wind Leasing Round 4, but warned about the effect of the option fees on developers and, ultimately, consumers. The Crown Estate has selected six projects that will now move to the next stage of the process, wh

about 5 years ago
Valaris
Business Developments & Projects

Valaris one step closer to emerging from Chapter 11

Offshore drilling contractor Valaris is one step closer to emerging from the Chapter 11 process following an agreement with lenders.

about 5 years ago
Transocean Enabler; Source: Equinor NPD
Business Developments & Projects

Equinor granted Isflak well drilling permit

Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Barents Sea, offshore Norway.

about 5 years ago
Finland
Business Developments & Projects

ESL Shipping, Meriaura, others team up on Finnish E-fuel project

Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.

about 5 years ago
Photo of Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Business Developments & Projects

Wavepiston raises €2.4M through crowdfunding

Danish company Wavepiston has closed its crowdfunding campaign having successfully raised over €2.4 million for its wave energy technology and projects.

about 5 years ago
Petronas helping stranded workers off Myanmar
Business Developments & Projects

Workers stranded offshore Myanmar after military coup

Over a hundred workers are left stranded off the coast of Myanmar after a military coup in the country last week and Petronas is helping them.

about 5 years ago
An offshore wind farm
Business Developments & Projects

Total, GIG move through UK’s Round 4 leasing with 1.5 GW OWF project

The Crown Estate has selected a 1.5 GW offshore wind project proposed by Total and Green Investment Group (GIG) in the UK’s Offshore Wind Leasing Round 4. The project site is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4. “This project is our largest renewa

about 5 years ago
Sulmara Subsea and BeeX logos
Business Developments & Projects

Sulmara Subsea teams up with Singapore-based BeeX

Survey specialist Sulmara Subsea, through its APAC entity, has entered into a new partnership with Singapore-based autonomous marine robotics specialists BeeX Autonomous Systems. Glasgow-based firm recently opened a regional office in Singapore, with James Hope as regional manager. Founded in 2019,

about 5 years ago
Oman LNG appoints new CEO
Business Developments & Projects

Oman LNG appoints new CEO

Oman LNG, the state-owned operator of the liquefied natural gas terminal in Qalhat near Sur, has named Hamel Al Naamany as its new chief executive officer.

about 5 years ago
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