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Fugro performs world's first remote offshore wind ROV inspection
Business & Finance

Fugro performs world’s first fully remote offshore wind farm inspection

Fugro has completed what is said to be the world’s first fully remote ROV inspection of an offshore wind farm using its Blue Essence uncrewed surface vessel (USV). The operations were carried out at the Aberdeen offshore wind farm in the North Sea, also known as the European Offshore Wind Deployment

about 3 years ago
Oceans of Energy’s offshore floating solar system (Courtesy of Oceans of Energy)
Business & Finance

Oceans of Energy to build offshore solar array at Hollandse Kust Noord offshore wind park

Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint-venture between Shell and Eneco.

about 3 years ago
With latest LNG sale and purchase agreement, Delfin eyes FID in mid-2023
Business & Finance

With latest LNG sale and purchase agreement, Delfin eyes FID in mid-2023

Delfin LNG, a wholly-owned subsidiary of Delfin Midstream, has concluded a binding LNG sale and purchase agreement (SPA) with Hartree Partners’ unit Hartree Partners Power & Gas Company (UK) Limited. The SPA will see Delfin LNG supply 0.6 million tonnes per annum (mtpa) of LNG to Hartree for a 20-ye

about 3 years ago
Panoro Energy
Business & Finance

Panoro becomes sole owner of Tunisian business

Panoro Energy has wrapped up the acquisition of 40 per cent shareholding in Sfax Petroleum Corporation (SPC).

about 3 years ago
European partnership eyes new solutions for renewable energy transmission
Business & Finance

European partnership eyes new solutions for renewable energy transmission

SuperNode, an Irish developer of energy transmission technology based on superconductivity, and the European Laboratory for Particle Physics CERN are collaborating to develop a novel type of insulation for superconducting cables in an effort to improve energy transmission and accelerate the transiti

about 3 years ago
Illustration; Source: Ecojustice
Business & Finance

ExxonMobil and Chevron give up 20 offshore oil & gas exploration permits

ExxonMobil and Chevron have relinquished 20 offshore oil and gas exploration permits off the coast of British Columbia.

about 3 years ago
Hellenic Cables secures offshore wind contract with RWE and Northland Power
Business & Finance

Hellenic Cables secures offshore wind contract with RWE and Northland Power

RWE and Northland Power have selected the Greek cable manufacturer Hellenic Cables as the preferred supplier of the inter-array cables for their up to 1.6 GW Nordseecluster development in the German North Sea, a cluster consisting of four offshore wind farm sites. Hellenic Cables will supply approxi

about 3 years ago
SHI, KHNP and Seaborg to develop floating nuclear plants
Business & Finance

SHI, KHNP and Seaborg to develop floating nuclear plants

South Korean shipbuilding major Samsung Heavy Industries (SHI) has teamed up with a Denmark-based startup focused on nuclear reactor technology Seaborg Technologies and Korea Hydro & Nuclear Power (KHNP), an owner and operator of nuclear power plants, in a consortium that aims to develop floating nu

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Business & Finance

U.S. offshore rig count stops in its tracks

Following the rise in the number of offshore rigs, the U.S. took a break, thus, the total number remained unchanged at 20 units last week.

about 3 years ago
Dril-Quip subsea trees in place at Woodside's Gulf of Mexico field
Business & Finance

Dril-Quip subsea trees in place at Woodside’s Gulf of Mexico field

U.S. manufacturer of drilling and production equipment Dril-Quip has completed the installation of subsea trees at a Woodside-operated oil and gas field in the U.S. Gulf of Mexico. In a statement issued on 21 April, Dril-Quip announced the installation and completion of two 15,000 psi HorizontalBore

about 3 years ago
Illustration/Minesto's Dragon 4 (Courtesy of Minesto)
Business & Finance

Minesto grows first quarter loss

Swedish marine energy company Minesto has started 2023 with an increase in net loss for the first quarter, when compared to the first three months of the year before.

about 3 years ago
James Fisher Subtech nearing end of fifth 'major' contract with BP
Business & Finance

James Fisher Subtech busy with fifth ‘major’ contract with BP

James Fisher Subtech (JF Subtech) is carrying out its fifth “major” contract with BP and foreshore terminal underwater inspection services at the oil & gas major’s import terminal in the South East of England. The targeted condition survey constitutes phase one of the maintenance project, completed

about 3 years ago
Excelerate Energy purchases FSRU Sequoia
Business & Finance

Excelerate Energy purchases FSRU Sequoia

US-based LNG player Excelerate Energy has completed the purchase of the floating storage regasification unit (FSRU) Sequoia. The FSRU was purchased for a price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands. Last month, Excele

about 3 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Business & Finance

OPT extends contract with US government

US-based marine energy developer Ocean Power Technologies (OPT) has secured a $500,000 extension of its contract with a US government agency for the supply of WAM-V autonomous surface vehicles.

about 3 years ago
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