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Business Developments & Projects

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Ocean Power Technologies has inked a memorandum of understanding (MoU) with AltaSea at the Port of Los Angeles
Business Developments & Projects

Two California-based firms to advance marine energy sector with new wave energy collaboration

A California-based developer of wave energy technologies, CalWave, has inked a memorandum of understanding (MoU) with AltaSea at the port of Los Angeles for establishing a local wave energy industry and building projects off the coast of California.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business Developments & Projects

Temporary restraining order against Dolphin Drilling rig lifts but court proceedings still ongoing

Dolphin Drilling has managed to persuade the court to change its mind about an ex parte order of arrestment that was in force against its semi-submersible rig.

about 2 years ago
MMA Offshore to enhance vessel capability with large crane order
Business Developments & Projects

MMA Offshore to enhance vessel’s capability with large crane order

MacGregor, part of Cargotec, has received an order it describes as “large” for the delivery of a crane for MMA Offshore’s 11-year-old multi-purpose platform supply vessel. MacGregor’s 50-tonne active heave compensated (AHC) crane will be installed on board the 83.6-meter-long MMA Valour, which provi

about 2 years ago
Illustration; Source: TotalEnergies
Business Developments & Projects

TotalEnergies and Air Products ink 15-year green hydrogen supply deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green hydrogen starting in 2030.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Business Developments & Projects

Brazilian oil field’s production grounds to a halt but restart anticipated this month

Enauta has stopped production from a floating, production, storage, and offloading (FPSO) vessel working at its field offshore Brazil.

about 2 years ago
Allseas to take Pioneering Spirit to huge North Sea field in 2026
Business Developments & Projects

Allseas to take Pioneering Spirit to huge North Sea field in 2026

Allseas has secured a contract with Norwegian state-owned Equinor to perform the installation of pipeline and integrated structures at a huge oil and natural gas field in the Norwegian sector of the North Sea. Under the contract, Allseas will install the pipeline and integrated structures for the se

about 2 years ago
Valaris 8503 rig was used for Zama appraisal; Source: Talos Energy
Business Developments & Projects

Mexican operator entrusts French firm with work on its $4.5 billion oil project

Pemex has hired Doris on a front-end engineering and design (FEED) assignment for the development of its giant oil field in the Sureste Basin off the coast of Mexico.

about 2 years ago
Green Marine and Vopak to collaborate on green methanol supply
Business Developments & Projects

Green Marine and Vopak to collaborate on green methanol supply

Green Marine Fuels Trading has forged a strategic collaboration with Royal Vopak Terminals for green methanol supply in the ports of Shanghai Caojing and Tianjin Lingang, China.

about 2 years ago
Minesto's tidal energy kite Dragon 12 undergoing service and inspection
Business Developments & Projects

Minesto’s utility-scale kite undergoes first inspection after grid-connected operation

Minesto’s utility-scale tidal energy kite, Dragon 12, is undergoing service and inspection, following the four months of grid-connected operation in Vestmanna, Faroe Islands.

about 2 years ago
Illustration; Source: Empyrean Energy
Business Developments & Projects

As funding woes derail drilling timeline, oil & gas firm asks for more time to spud offshore prospect

Empyrean Energy is seeking an extension to meet its requirements in Block 29/11 located in the prolific Pearl River Mouth Basin, offshore China.

about 2 years ago
Petrobras gives $245 million worth of contracts to three Solstad vessels
Business Developments & Projects

Petrobras gives $245 million worth of contracts to three Solstad vessels

Norway’s Solstad Offshore has secured multiple contract awards with Brazilian oil and gas giant Petrobras that have a combined value of approximately NOK 2.6 billion (around $245 million). Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and anchor handling tug supply

about 2 years ago
A photo of the TetraSpar floating wind turbine installed offshore in Norway
Business Developments & Projects

RWE to start seabed surveys at floating wind site offshore California

Site investigation survey work will soon start at RWE’s floating wind project site off the coast of Northern California, where the Germany-based offshore wind developer plans to build its first commercial-scale floating offshore wind farm, Canopy. RWE will be performing initial site investigation su

about 2 years ago
OpenHydro structure removed, crane holding walkway against bow
Business Developments & Projects

Two Scottish companies to decommission OpenHydro’s tidal energy platform

Two Scottish companies, Ocean Kinetics and Green Marine (UK), have made a joint venture (JV) partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands, Scotland.

about 2 years ago
ADNOC
Business Developments & Projects

Go-ahead for ADNOC’s huge LNG project prompts $5.5 billion deal for its development

ADNOC has made a final investment decision (FID) for its giant liquefied natural gas (LNG) project, which is envisioned as a lower-carbon intensity development.

about 2 years ago
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