Scottish Orbital Marine Power is set to lead a pan-European consortium to deliver the €26.7 million FORWARD-2030 project dedicated to accelerating the commercial deployment of floating tidal energy.
Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has initiated the process to acquire Norwegian shipowner Ocean Yield ASA.
Oil and gas operators in the U.S. Gulf of Mexico are redeploying personnel and restarting production at their assets after Hurricane Ida.
Siem Offshore confirmed on Saturday that its dual-fuel platform support vessel Siem Symphony was upgraded with a hybrid battery package.
The UK has decided to support renewable energy projects through its latest Contracts for Difference (CfD) auction with an additional €265 million, of which €55 million per year has been earmarked for wave, tidal, floating wind and geothermal energy projects. Divided into three pots, this will be the
Engineering and management services provider Penspen has secured over $70 million worth of new contracts in the Middle East and Africa.
Aker Solutions has been awarded a large topside modification contract by ConocoPhillips for the Tommeliten Alpha project offshore Norway.
BW Offshore has entered into a partnership with international infrastructure investors for the equity financing of the Barossa FPSO.
ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050.
Siemens Energy has won a contract from Aker Solutions to provide equipment for the electrification of Equinor’s Troll West project.
Nexans revealed on 10 September that the company had entered into exclusive negotiations for the supply and installation of both onshore and offshore export cables for an offshore wind project in the UK. The cable manufacturer has not disclosed any specifics about the project and its client, noting
The U.S. Department of Energy (DOE) has announced $64.7 million in funding for projects focused on producing cost-effective, low-carbon biofuels for ships and airplanes.
In the aftermath of Hurricane Ida, Shell is redeploying its personnel to the Gulf of Mexico assets, which were evacuated ahead of the storm.
Santos and Oil Search have entered into a definitive agreement to merge the two companies in a deal valued at about $16 billion.
