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Business Developments & Projects

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A photo illustration for cardinal buoy at Billia Croo and wildlife observations point (Courtesy of EMEC)
Business Developments & Projects

UK launches innovation challenge to grow offshore renewables sector

The UK Hydrographic Office (UKHO), together with the Centre for Environment, Fisheries and Aquaculture Science (Cefas), have invited innovators to identify how marine geospatial data can be used to find suitable sites for offshore wind, and tidal and wave energy infrastructure.

about 5 years ago
OEEC
Business Developments & Projects

Fifty shades of collaboration in time of energy transition

There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial for companies to ride the energy transition train which is indeed moving very fast.

about 5 years ago
An image of an offshore wind farm, aerial view
Business Developments & Projects

Australia: Victoria sets massive budget for offshore wind, green hydrogen

The government of Australia’s state of Victoria is pouring the first AUD 108 million (around € 67 million) from its clean energy 2020/21 budget into the first steps toward bringing new renewable energy and hydrogen projects, such as the country’s first offshore wind farm, to realisation. The funds w

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

ExxonMobil opts out of Bass Strait assets sale

U.S. oil and gas major ExxonMobil has called off the potential multibillion-dollar sale of its assets in Australia’s Bass Strait.

about 5 years ago
Vikink Link converter station
Business Developments & Projects

Siemens Energy kicks off Viking Link UK converter station works

Siemens Energy has started construction of National Grid’s Viking Link UK converter station at Bicker Fen in Lincolnshire. As the lead contractor for the 1400 megawatt interconnector, Siemens Energy, will supply the technology that will enable the direct sharing of clean electricity between Britain

about 5 years ago
A photo from the conference where DEC signed the new contracts
Business Developments & Projects

China: Dongfang seals two deals for Changle offshore wind farm

Dongfang Electric Corporation (DEC) has signed two contracts for the Changle Waihai offshore wind farm in China, under which the company will deliver its 10 MW wind turbines for the project’s Area A and Area C. In September, the wind turbine supplier won a tender issued by Fujian Energy Group for th

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

Eco Atlantic lands reissued licences offshore Namibia

Oil firm Eco Atlantic Oil & Gas has successfully negotiated the reissuance of its four licences in the Walvis Basin offshore Namibia conditional to customary final government signature.

about 5 years ago
Illustration (Courtesy of Andrew Pearson/ABPmer)
Business Developments & Projects

ABPmer to perform ecological surveys for Welsh tidal lagoon project

UK-based marine consultancy ABPmer has been commissioned to lead a range of ecological surveys in outer Dee Estuary in North Wales as part of the proposed tidal lagoon project for the area.

about 5 years ago
Sea Lions; Source: WWF
Business Developments & Projects

Sea Lion farm-in extended to enable Premier-Chrysaor merger

Rockhopper Exploration and Premier Oil have agreed to extend the exclusivity period for Navitas Petroleum’s farm-in to the Sea Lion project located offshore the Falkland Islands.

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

Carnegie inks deal with Hewlett Packard Enterprise for CETO wave controls

Carnegie Clean Energy has signed a collaboration agreement with Hewlett Packard Enterprise (HPE) to work together on a project to develop a reinforcement learning based controller for the CETO wave energy technology.

about 5 years ago
Olympic Delta and Olympic Artemis
Business Developments & Projects

Reach Subsea charters Olympic duo

Norwegian contractor Reach Subsea has entered into a charter agreement with Olympic Subsea for use of the two subsea vessels Olympic Artemis and Olympic Delta for the 2021 season. The charters also come with mutually agreed options for further extensions. Reach already has one WROV on Olympic Artemi

about 5 years ago
Borr Drilling rigs
Business Developments & Projects

Borr Drilling faces challenging financial situation amid payment delays in Mexico

Borr Drilling is facing a very challenging financial situation amid a difficult market environment combined with payment delays from Pemex in Mexico.

about 5 years ago
Illustration; Source: Nord Stream 2 AG Gazprom
Business Developments & Projects

Gazprom to resume Nord Stream 2 pipe-laying before year-end

Gas giant Gazprom has decided to resume pipe-laying work on a 2.6-kilometre part of the stalled Nord Stream 2 gas pipeline from Russia to Germany.

about 5 years ago
Polands-Council-Of-Ministers-Adopts-Draft-Offshore-Wind-Bill
Business Developments & Projects

Poland’s Council of Ministers adopts draft offshore wind bill

Poland’s Council of Ministers has adopted the draft bill supporting the development of offshore wind energy in the Baltic Sea. This summer, the Polish government published the revised draft offshore wind bill which would allow for 5.9 GW of capacity to be offered via Contracts for Difference (CfDs)

about 5 years ago
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