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Business Developments & Projects

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An offshore platform at Valhall field
Business Developments & Projects

Asset trio stake sale to Inpex fueling Pandion’s growth ambitions

Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.

about 1 year ago
NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
Business Developments & Projects

NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it

about 1 year ago
Source: Oceans of Energy
Business Developments & Projects

HKN to track marine ecosystem ahead of offshore solar rollout

Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the wor

about 1 year ago
Incat Tasmania
Business Developments & Projects

Incat Tasmania to build two battery-electric ferries for Molslinjen

Australian manufacturer of high-speed catamaran ferries Incat Tasmania has been selected to design and build two new battery-electric ferries for Danish ferry operator Molslinjen.

about 1 year ago
Noble Resolve jack-up rig as it set off from the Esbjerg shipyard, Denmark; Source: Zenith Energy
Business Developments & Projects

New oil & gas discovery seen as European country’s ‘largest conventional hydrocarbon field’

Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was drilled with a Noble Corporation-owned rig in the Baltic Sea, has aided the operator of the Wolin license block off the coast of Poland to infer that this find is one of the largest convent

about 1 year ago
Germany’s H2Mare commissions floating test platform for power-to-X production
Business Developments & Projects

Germany’s H2Mare commissions floating test platform for power-to-X production

H2Mare, a project focused on researching the offshore production of green hydrogen and other power-to-X (PtX) products from wind energy, has launched a floating test platform to demonstrate a complete PtX process chain for sustainable fuels in Bremerhaven, Germany.

about 1 year ago
Globetrotter I drillship
Business Developments & Projects

Noble drillship lands $80M Black Sea exploration gig

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have inked a rig contract with Noble Corporation for a drilling assignment in the Black Sea, offshore Bulgaria.

about 1 year ago
Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel
Business Developments & Projects

Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel

Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the eleventh and final vessel from compatriot operator Sea1 Offshore, ex-Siem Offshore. Siem Barracuda, the third high-end subsea vessel of a total of three that are part of the collabora

about 1 year ago
FPSO Atlanta; Source: Brava Energia
Business Developments & Projects

Brazilian oil field months away from production peak as two more wells come back online

Brazilian oil and gas player Brava Energia has returned to production mode two additional wells at an oil field off the coast of Brazil.

about 1 year ago
Source: Eco Wave Power
Business Developments & Projects

Final contractor secured for Eco Wave Power’s US wave energy rollout

Wave energy developer Eco Wave Power has signed an agreement with California-based C&S Welding for the installation of its wave energy technology at the Port of Los Angeles. The deal marks the final step before deployment begins for Eco Wave Power’s first wave energy project in the United States. C&

about 1 year ago
Grimaldi’s first ammonia-ready car carrier named in China
Business Developments & Projects

Grimaldi’s first ammonia-ready car carrier named in China

Italian shipping player Grimaldi has named and launched its first ammonia-ready pure car and truck carrier (PCTC) built at China Merchants Heavy Industries.

about 1 year ago
Kenli 10-2 oilfields development project Phase I
Business Developments & Projects

First oil flows from Chinese major’s Bohai Sea shallow water asset

CNOOC Limited, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), has started production at a shallow oilfield located in the southern Bohai Sea.

about 1 year ago
Underdeck hydrogen storage system receives BV’s approval
Business Developments & Projects

Underdeck hydrogen storage system receives BV’s approval

French classification society Bureau Veritas (BV) has issued approval in principle (AiP) to SECO MARINE, a provider of low-carbon power and propulsion systems, for its compressed hydrogen storage system designed for integration within underdeck space on board vessels.

about 1 year ago
C40 Cities
Business Developments & Projects

From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime

E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital.

about 1 year ago
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