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Business Developments & Projects

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Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Aker BP preparing to spin the drill bit in Norwegian Sea

Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.

about 2 years ago
Valaris DS-9 drillship; Source: ANPG
Business Developments & Projects

ExxonMobil hits oil offshore Angola and takes steps to search for more hydrocarbons

U.S.-headquartered energy giant ExxonMobil has made a new oil discovery in Block 15 off the coast of Angola.

about 2 years ago
Scan Global Logistics and Hapag-Lloyd forge biofuel partnership
Business Developments & Projects

Scan Global Logistics and Hapag-Lloyd forge biofuel partnership

Scan Global Logistics (SGL) and Hapag-Lloyd have partnered up for a multimillion-dollar ocean biofuel initiative.

about 2 years ago
Port of Hamburg
Business Developments & Projects

Hamburg first European port to offer shore power for container and cruise ships

The Port of Hamburg has become the first port in Europe to offer shore power for both container and cruise vessels.

about 2 years ago
Lloyd’s Register approves Ricardo’s hydrogen solution for maritime
Business Developments & Projects

Lloyd’s Register approves Ricardo’s hydrogen solution for maritime

Ricardo has received approval in principle (AiP) from Lloyd’s Register for the design of its multi-megawatt containerized fuel cell power plant solution.

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

Trio building high-speed aluminum ‘vessels of tomorrow’ for oil & gas industry

Strategic Marine and partners will build three 35-meter surface effect ships (SES), which will be used in the offshore oil and gas industry.

about 2 years ago
Port of Antwerp-Bruges
Business Developments & Projects

Port of Antwerp-Bruges: ‘World’s first’ methanol-powered tug launched

The Port of Antwerp-Bruges has launched Methatug, described as “the world’s first” methanol-powered tugboat.

about 2 years ago
SafeWAVE project bolsters ocean energy data platform
Business Developments & Projects

SafeWAVE project bolsters ocean energy data platform

MARENDATA, formerly supported by EU projects like SOWFIA, WESE, and SeaWAVE, continues to expand its data sets through the SafeWAVE initiative. It retains all existing datasets while introducing new ones.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Business Developments & Projects

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
Australian duo eyes ammonia bunkering business opportunities
Business Developments & Projects

Australian duo eyes ammonia bunkering business opportunities

Hexagon Energy Materials has signed an MoU with Oceania Marine Energy regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.

about 2 years ago
NKT performs remediation work at 12-year-old Irish Sea interconnector
Business Developments & Projects

NKT performs remediation work at 12-year-old Irish Sea interconnector

Denmark’s NKT has completed inspection survey and remediation work on an interconnector that has been linking the electricity transmission grids of Ireland and Great Britain for twelve years. The specialized inspection and remediation work on the East West HVDC interconnector (EWIC) allows the owner

about 2 years ago
Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Business Developments & Projects

Equinor and Petoro swap assets in Norwegian waters

Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

about 2 years ago
Technical due diligence wraps up for what will be world's longest HVDC subsea cable
Business Developments & Projects

Technical due diligence wraps up for what will be world’s longest HVDC subsea cable

Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn

about 2 years ago
Tahkoluoto, Finland's first commercial offshore wind farm, photographed from a vessel
Business Developments & Projects

Finnish developer probing seabed at extension site of world’s first offshore wind farm in freezing conditions

Suomen Hyötytuuli has performed test dredging at the site of the Tahkoluoto offshore wind farm extension project, where the company plans to build a 600+ MW expansion to the existing 44.3 MW offshore wind farm, the world’s first built and operating in frozen sea conditions. The test dredging was car

about 2 years ago
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