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Zero-Emission-Wind-Turbine-Installation-Solution-Gets-Financial-Push
Business & Finance

Zero-emission wind turbine installation solution gets financial push

Nekkar has secured a NOK 21 million grant from Innovation Norway to progress with the development of SkyWalker, its disruptive wind turbine installation solution. SkyWalker uses active heave compensation derived from offshore lifting systems combined with digital solutions that allow for remote-cont

about 5 years ago
Photo of Simec Atlantis' AR1500 tidal turbine used in MeyGen project (Courtesy of Simec Atlantis)
Business & Finance

Simec Atlantis in talks with UK government for MeyGen’s next phase

Simec Atlantis has informed about ongoing talks with the UK government regarding the support mechanisms necessary for the expansion of the MeyGen tidal energy project.

about 5 years ago
Norwegian oil fund partners with Ørsted on Borssele 1&2 offshore wind farm
Business & Finance

Norwegian oil fund partners with Ørsted on Borssele 1&2 offshore wind farm

Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a 50% ownership share in its Borssele 1 & 2 offshore wind farm in the Netherlands. As part of the deal, Ørsted will continue to provide long-term operations and maintenance services from its O&M base at the Port o

about 5 years ago
Jersey Oil & Gas
Business & Finance

Jersey closes purchase of CIECO V&C from Japanese owners

North Sea-focused Jersey Oil & Gas (JOG) has now completed its acquisition of the entire issued share capital of CIECO V&C.

about 5 years ago
Photo of Sunseap’s 5MWp offshore floating solar farm in Singapore (Courtesy of Sunseap Group)
Business & Finance

Facebook to buy power from Sunseap’s offshore floating solar farm

Sunseap Group has signed a multi-year virtual power purchase agreement (VPPA) with Facebook for solar power from Singapore’s largest offshore floating solar farm.

about 5 years ago
The Troll A platform in the North Sea - Equinor
Business & Finance

ABB and Siemens to handle electrical equipment on all Equinor facilities

ABB and Siemens Energy are awarded framework agreements by Equinor for providing the service of electrical equipment on all installations in Norway.

about 5 years ago
Maersk Viking drillship
Business & Finance

Shell takes Maersk drillship for four Malaysian wells

Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill offshore Malaysia.

about 5 years ago
Photo of Dive Technologies’ large displacement AUV (Courtesy of Dive Technologies)
Business & Finance

Dive Technologies and Metron team up for subsea surveys

Boston-based subsea robotics company Dive Technologies has entered into commercial partnership with Metron to offer fully autonomous seabed surveys.

about 5 years ago
Delek
Business & Finance

Report: Delek Drilling in talks to sell Tamar stake to Cairn Energy

Israel’s Delek Drilling is in talks to sell its stake in the Tamar offshore natural gas field for up to $1.1 billion, Israeli media outlets reported.

about 5 years ago
Armada Olombendo FPSO - Eni
Business & Finance

Eni to tie-in new oil discovery in Angola to FPSO

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, which is located in Angola’s deep offshore.

about 5 years ago
Petrobras
Business & Finance

Petrobras to take over BP’s stakes in 6 blocks off Brazil

Petrobras has signed agreements with BP to take over BP’s entire stakes in six blocks, located in ultra-deepwater in northern Brazil.

about 5 years ago
MOL Wind chellenger
Business & Finance

MOL to invest $1.81B in decarbonization in the next 3 years

Japanese shipping giant MOL plans to invest approximately ¥200 billion ($ 1.81 billion) in low carbon/decarbonization fields over three years from 2021 to 2023 fiscal year. The investment was revealed as part of MOL Group’s Visionand Outline of Rolling Plan 2021 released on Monday. The environmental

about 5 years ago
Illustration (Courtesy of Dutch Offshore Contractors)
Business & Finance

Dutch Offshore Contractors sets up dedicated subsea cable business unit

Dutch Offshore Contractors (DOC) has reorganized its growing subsea cable activities into a new dedicated business unit named DOC Cable Solutions.

about 5 years ago
Tailwind
Business & Finance

Tailwind acquires Decipher Energy and its North Sea assets

UK-based oil and gas company Tailwind Energy has acquired compatriot Decipher Energy Limited which owns several assets in the UK North Sea.

about 5 years ago
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