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Business Developments & Projects

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Deepsea Mira rig works for TotalEnergies off the coast of Namibia; Source: Odfjell Drilling
Business Developments & Projects

Namibia sets the stage for new offshore oil & gas licensing round and drilling plays

As multiple drilling campaigns are poised to shape Africa’s energy future this year, the African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has opted to shine a light on the offshore oil and gas drilling programs and licensing opportunities in Namibia.

about 1 year ago
Odfjell Technology to help grow digital pipe tech through investment in Norwegian company
Business Developments & Projects
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Digital pipe technology in spotlight of Odfjell Technology’s investment in Norwegian firm

The UK’s Odfjell Technology, a spin-off of Odfjell Drilling, has purchased a 10% stake in a Norwegian well construction and well intervention solutions provider, supporting the firm’s digital pipe technology. Odfjell Technology made a strategic equity investment in Reelwell, purchasing a 10% stake i

about 1 year ago
Seabed preparation work coming up at Inch Cape offshore wind farm site
Business Developments & Projects

Seabed preparation work coming up at Inch Cape offshore wind farm site

Seabed preparation activities are scheduled to begin at the Inch Cape offshore wind farm site in Scotland at the end of March. N-Sea, which has been contracted for the job, will start the work within the array site and the export cable corridor on or around March 30 and continue until November 2025.

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Business Developments & Projects

Sale of oil & gas assets with $945 million price tag falls through

Energean has severed the divestment cord for its asset portfolio in Egypt, Italy, and Croatia, worth $945 million, as key regulatory pieces have not been put in place within the agreed timeline.

about 1 year ago
Wison bags FEED contract for Türkiye’s first biogas-to-methanol project
Business Developments & Projects

Wison bags FEED contract for Türkiye’s first biogas-to-methanol project

Wison Engineering has secured a FEED contract for Türkiye’s first biogas-to-methanol project being developed by ITC and WasteFuel.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Business Developments & Projects

Court changes its mind: Construction of American LNG project emerging out of legal woods

Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic

about 1 year ago
European Commission taps Hellenic Cables for floating wind pilot project
Business Developments & Projects

Hellenic Cables, Asso.subsea land Dunkirk cable contract in France

Hellenic Cables, in a consortium with Asso.subsea, has been awarded a turnkey contract by the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE) for the Dunkirk offshore wind farm. Hellenic Cables will design, manufacture, and supply 32 kilometers of submarine cables f

about 1 year ago
Noble Resolute; Source: Petrogas
Business Developments & Projects

Noble rig instrumental to Petrogas’ gas extraction ‘milestone’ in Dutch waters

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

about 1 year ago
Molgas launches bio-LNG deliveries in Port of Zeebrugge
Business Developments & Projects

Molgas launches bio-LNG deliveries in Port of Zeebrugge

Madrid-headquartered downstream LNG and renewable gases company Molgas Energy has commenced bio-LNG deliveries at the Port of Zeebrugge in Belgium as part of its commitment to provide low-carbon energy solutions across Europe.

about 1 year ago
Berg Propulsion
Business Developments & Projects

Berg Propulsion unveils ‘world’s first’ climate neutral propeller shafts

Swedish marine propulsion solutions provider Berg Propulsion has presented what it describes as the shipping industry’s “first” propeller shafts made of climate-neutral steel.

about 1 year ago
Rawabi Vallianz offshore jack-up barge (JUB) 610; Source: Ocean Oilfield
Business Developments & Projects

UAE player wraps up refurbishment and activation job for jack-up barge

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has finished its upgrade activation assignment for a jack-up barge, awarded by Rawabi Vallianz.

about 1 year ago
Source: Nauticus Robotics
Business Developments & Projects

Earlier than anticipated: Nauticus Robotics closes purchase of subsea robotic services provider

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has closed the acquisition of compatriot subsea robotic services provider SeaTrepid International, earlier than anticipated. Nauticus Robotics reported at the beginning of this month that it had signed a definit

about 1 year ago
The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation.
Business Developments & Projects

Severn Estuary tidal range energy feasible, Commission says

The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation. However, due to stakeholder concerns, commercial barriers, and legislative challenges, the Commission has ruled out the development of a large barrage at this

about 1 year ago
Vinssen secures RINA’s type approval for maritime fuel cell stack
Business Developments & Projects

Vinssen secures RINA’s type approval for maritime fuel cell stack

South Korea’s maritime decarbonization technology specialist Vinssen has obtained type approval from Italian classification society RINA for its 60 kW maritime hydrogen fuel cell stack.

about 1 year ago