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Business Developments & Projects

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An image rendering the PivotBuoy turbine at sea
Business Developments & Projects

PivotBuoy gets boost from European Innovation Council Accelerator

X1 Wind, which leads the PivotBuoy floating wind platform project in Spain, has been selected in the last round of funding in the pilot phase of the European Innovation Council (EIC) Accelerator. The company has been chosen for funding support together with 37 European start-ups and SMEs to receive

about 5 years ago
Lifting of the final jacket before installation at the Moray East site
Business Developments & Projects

All Moray East OWF jacket foundations installed

The 103rd and final jacket foundation has been installed at the Moray East offshore wind farm site in Scotland. The Seajacks Scylla jack-up vessel installed the first three-legged jacket in July. The wind farm’s three offshore transformer modules (OTMs), together with their three jacket foundations,

about 5 years ago
A photo of a common dolphin dwarfed by a ship in the NE Atlantic (Courtesy of Plocan/©Pauhla McGran)
Business Developments & Projects

Plocan tackles underwater noise from shipping

The Oceanic Platform of the Canary Islands (Plocan) has joined the EU-backed SATURN project, which is focused on the reduction and mitigation of underwater noise from shipping that threatens marine life.

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

Talon adds three offshore licenses to UK portfolio

Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS).

about 5 years ago
Map showing borehole survey locations at Neart na Gaoithe site
Business Developments & Projects

Borehole surveys at Neart na Gaoithe completed

The geotechnical borehole survey campaign at the Neart na Gaoithe offshore wind farm site has been completed. According to the project’s Notice to Mariners from 26 December, the Ocean Vantage vessel, which has been deployed for the work, has been demobilised. As reported earlier this year, the boreh

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

Borr Drilling picks new chief financial officer

Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.

about 5 years ago
DSME
Business Developments & Projects

China okays KSOE-DSME merger

China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).

about 5 years ago
Source: Jumbo
Business Developments & Projects

Jumbo installs Karish FPSO mooring system

Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel.

about 5 years ago
Khalifa Port
Business Developments & Projects

Khalifa Port’s South Quay welcomes first shipment

The first shipment, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, arrived at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility, UAE-based port operator Abu Dhabi Ports said.

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

U.S. preparing fresh sanctions to halt Russia’s Nord Stream 2

The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.

about 5 years ago
Ocean Apex rig is drilling the Ironbark well for BP
Business Developments & Projects

BP nears primary target at Ironbark well

BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.

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

Borr Drilling devises plan to strengthen financial footing

Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.

about 5 years ago
Maersk
Business Developments & Projects

A.P. Moller Holding invests millions in Green Hydrogen Systems

Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.

about 5 years ago
Illustration/Verdant Power deploying tidal turbines in New York (Courtesy of Verdant Power)
Business Developments & Projects

US: Bill to strengthen marine energy passes House

The United States House of Representatives has passed a bipartisan legislation to increase federal investments in marine energy under the Water Power Research and Development Act.

about 5 years ago
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