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Business Developments & Projects

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Deepwater Titan drillship; Source: Transocean (video)
Business Developments & Projects

Transocean sees recent rig deals as proof of ‘sustained upcycle’ in offshore drilling market

With “an outstanding quarter” now behind it, Transocean is looking forward to further growth in the offshore drilling market.

about 3 years ago
Statfjord B platform; Credit: Harald Pettersen/Equinor
Business Developments & Projects

Probe into incident on North Sea platform underway after worker suffers ‘facial injuries’

Norwegian regulator has launched an investigation into an incident, which led to an injury, on an Equinor-operated platform in the North Sea.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

UK politicians see collaboration with oil & gas sector as key to reaching net-zero

OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.

about 3 years ago
Factory acceptance test of energy collectors at Thune Eureka factory (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston starts final factory acceptance tests and assembly of wave energy collectors

Danish company Wavepiston has made progress on the assembly and testing of its wave energy collectors ahead of deployment offshore Canary Islands.

about 3 years ago
Illustration/Eco Wave Power's wave energy plant in Gibraltar (Courtesy of Eco Wave Power)
Business Developments & Projects

California’s wave and tidal legislation moves forward

The California Senate Bill 605 for wave and tidal energy, introduced by senator Steve Padilla of Chula Vista, has passed two US government committees and has now moved to the Senate Appropriations Committee for further consideration.

about 3 years ago
Rovco launches new business line
Business Developments & Projects

Rovco launches new business line

Rovco has launched a new dedicated marine site characterization business line in order to, as the UK company states, help address an industry shortfall of companies with the all-round skills and expertise to carry out site consenting surveys before the construction of new offshore installations. The

about 3 years ago
Saipem to use MHI technologies in CO2 capture plants
Business Developments & Projects

Saipem to use MHI technologies in CO2 capture plants

Japan’s Mitsubishi Heavy Industries (MHI) has concluded a general license agreement (GLA) with Italian engineering company Saipem under which MHI will provide Saipem with its proprietary KM CDR Process™ and Advanced KM CDR Process™ technologies for use in CO2 capture plants. MHI has been collaborati

about 3 years ago
Left to Right of Picture-Andy Cuniah, new EIC chairman, Hugh Saville, outgoing chairman, Stuart Broadley, EIC CEO; Source: Energy Industries Council (EIC)
Business Developments & Projects

Energy Industries Council gets new chairman

As the current chairman is leaving the Energy Industries Council (EIC), a new one has been appointed to take his place.

about 3 years ago
ABS and Mencast join forces on 3D printing in maritime sector
Business Developments & Projects

ABS and Mencast join forces on 3D printing in maritime sector

American classification society ABS and Singapore-based marine specialist Mencast Marine Pte. have signed a Memorandum of Understanding (MoU) for the qualification and application of advanced manufacturing processes such as additive manufacturing (AM), also known as 3D printing, for critical compone

about 3 years ago
Robust backlog drives Fugro's revenue increase
Business Developments & Projects

Robust backlog drives Fugro’s revenue increase

Fugro has reported a revenue of €465.8 million for the first quarter of 2023, representing an increase of 27.5 per cent, said to be especially related to offshore wind site characterization solutions, with all regions reporting double-digit growth. Overall, revenue in marine was €335.1 million, up b

about 3 years ago
Illustration; Source: GlobalData
Business Developments & Projects

Energy transition and geopolitics to ‘weigh heavily’ on oil & gas industry in 2023

GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.

about 3 years ago
DNV expands lab in Singapore with testing equipment for hydrogen transport and storage
Business Developments & Projects

DNV expands lab in Singapore with testing equipment for hydrogen transport and storage

Energy expert and assurance provider DNV has expanded its research laboratory in Singapore with new testing equipment for the safety assessments of hydrogen transport and storage facilities. DNV’s new testing equipment expands services to the Asia Pacific (APAC) region where several gas network oper

about 3 years ago
Independence Hub; Source: Intermoor
Business Developments & Projects

New job for Subsea 7 on deepwater oil project in Gulf of Mexico

Subsea 7 has secured work on a deepwater project in the U.S. Gulf of Mexico with LLOG Exploration Offshore (LLOG).

about 3 years ago
Port of Rotterdam, HGK Shipping team up on sustainability of inland waterways
Business Developments & Projects

Port of Rotterdam, HGK Shipping team up on sustainability of inland waterways

HGK Shipping and the Port of Rotterdam Authority signed a long-term cooperation agreement to promote sustainable concepts for inland waterway services leading to and from seaports.

about 3 years ago
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