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Business Developments & Projects

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The €2.8 billion NeuConnect interconnector project has completed the first phase of cabling works in the UK waters, marking a step in establishing the first direct energy link between the UK and Germa
Business Developments & Projects

‘Major milestone’ for UK-Germany subsea link as first cabling stage wraps up (Video)

Italy-headquartered cable systems giant Prysmian has completed the €2.8 billion NeuConnect interconnector project’s first phase of cabling works in the UK waters, marking an important step in establishing the first direct energy link between the UK and Germany. With converter stations under construc

about 1 year ago
LIVE BLOG: Offshore Energy Exhibition & Conference 2024
Business Developments & Projects

LIVE BLOG: Offshore Energy Exhibition & Conference 2024

Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage

12 minutes read
Visit to Subsea7's Seven Seas pipe-laying vessel; Source: BP
Business Developments & Projects

BP’s project on track for first gas in 2025 as Seven Seas preps for action

BP is moving forward with activities required to bring on stream a subsea gas development project offshore Trinidad and Tobago.

about 1 year ago
Mist rig; Source: Borr Drilling
Business Developments & Projects

Borr Drilling rig begins another five-well campaign at next field on its drilling list

Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mo

about 1 year ago
QatarEnergy breaks ground on $1.2 billion ammonia project
Business Developments & Projects

QatarEnergy breaks ground on $1.2 billion ammonia project

QatarEnergy has laid the foundation stone for the 1.2 mtpa blue ammonia facility, said to be the largest of its kind in the world.

about 1 year ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Business Developments & Projects

Italian FSRU goes back to work

OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.

about 1 year ago
Final LNG-ready 13K TEU boxship joins HMM’s fleet
Business Developments & Projects

Final LNG-ready 13K TEU boxship joins HMM’s fleet

South Korean shipping company HMM has taken delivery of HMM Turquoise, completing its twelve-strong fleet of LNG-ready 13,000 TEU containerships.

about 1 year ago
Deepsea Mira rig; Source: Odfjell Drilling
Business Developments & Projects

TotalEnergies selling minor stakes in two Namibian offshore blocks to QatarEnergy

QatarEnergy is enlarging its portfolio of assets in the Orange Basin, thanks to a deal with France’s energy giant TotalEnergies, which will enable it to acquire additional interests in two blocks located about 300 kilometers off the coast of Namibia.

about 1 year ago
ZTT cable china
Business Developments & Projects

ZTT to supply cables for 850 MW Chinese offshore wind project

ZTT Submarine Cable & System has won two engineering, procurement, construction, and installation (EPCI) contracts for the Guoxin Dafeng Offshore Wind Power Project in China. Under the submarine cable EPCI contracts, China’s ZTT will supply 243 kilometers of 35 kV inter-array cables and 185 kilomete

about 1 year ago
K Shipbuilding
Business Developments & Projects

CIP taps Færder Tankers and BW Epic Kosan to develop ammonia carrier fleet

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), has signed multiple memorandums of understanding (MoUs) with shipping companies to advance the development of ammonia-fueled carriers.

about 1 year ago
Illustration (Courtesy of Flex Marine Power)
Business Developments & Projects

Scottish company kicks off crowdfunding to back tidal turbine deployment

Scottish company Flex Marine Power has launched its second crowdfunding campaign on the Crowdcube platform, aiming to raise funds to deploy and test its SW2 tidal turbine at sea. According to Flex Marine Power, this follows a crowdfunding round in March, which raised £366,000 (approximately $461,00

about 1 year ago
Sallaum Lines
Business Developments & Projects

Sallaum Lines orders six dual-fuel PCTCs, dips further into Chinese market

Switzerland-based RoRo cargo shipping company Sallaum Lines has placed an order for six more dual-fuel/liquefied natural gas (LNG) pure car and truck carrier (PCTC) vessels in China. The company revealed that two of the newbuilds are set to be constructed by Fujian Mawei Shipbuilding and the remaini

about 1 year ago
Illustration of Nexans' new CLV done by Skipsteknisk; Source: Hydroniq Coolers
Business Developments & Projects

Progress in piecing together Nexans cable laying vessel continues with new equipment order

The latest equipment piece for a newbuild cable laying vessel (CLV), which is being constructed for Nexans, France’s cable systems designer and manufacturer, will fall into place, thanks to an order Ulstein Verft, a Norwegian shipyard, placed with Aalesund-based Hydroniq Coolers. The deal with Ulste

about 1 year ago
Photo of the Atlantic Guardian vessel (Courtesy of EMGS)
Business Developments & Projects

Electromagnetic Geoservices bags $10M contract for offshore survey in India

Norwegian Electromagnetic Geoservices ASA (EMGS) has secured a contract with an undisclosed client for a controlled-source electromagnetic (CSEM) survey offshore India, valued at approximately $10 million. According to EMGS, the survey includes a mobilization fee and will be carried out by the compa

about 1 year ago
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