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Concept for Symphony Wave Power device (Courtesy of Symphony Wave Power)
Business & Finance

Dutch wave energy company submits application for EU project subsidy

Dutch-based Symphony Wave Power has submitted an application for EU subsidy, that would be used for the development of wave energy project offshore the Netherlands.

about 3 years ago
Acteon firm to deliver mooring piles for LLOG's Gulf of Mexico project
Business & Finance

LLOG turns to Acteon firm for mooring piles

An Acteon company has secured a contract to deliver mooring piles to LLOG Exploration Offshore for a floating production system (FPS) in the Gulf of Mexico. Acteon reported on 18 April that InterMoor, part of its engineering, moorings and foundations division, was selected to fabricate 12 mooring pi

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

U.S. steps up limit of liability cap for oil spills from offshore facilities

BOEM has made adjustments to the limit of liability for oil spills in the federal waters from offshore facilities.

about 3 years ago
Sonardyne's new technology comes to market
Business & Finance

Sonardyne’s new technology comes to market

Sonardyne has launched its new Acoustic Doppler Current Profilers (ADCPs) for application in the offshore renewable energy, marine research and defense sectors. The new Origin ADCPs feature an integrated modem for communications and positioning, new Edge processing capability and an ecosystem where

about 3 years ago
Fugro's Robodock ready for new trials
Business & Finance

Fugro’s Robodock ready for new trials

The Netherlands-headquartered Fugro has commenced another batch of trials for its Robodock platform for uncrewed vessels and drones. Following tests completed last year, Fugro is now gearing up for the second phase of trials testing Fugro Robodock with its 12-meter Blue Essence uncrewed surface vess

about 3 years ago
UNDP hires Boskalis to prevent 'enormous oil disaster' offshore Yemen
Business & Finance

UNDP hires Boskalis to prevent ‘enormous oil disaster’ offshore Yemen

Dutch offshore services provider Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove oil from a floating storage and offloading (FSO) facility moored off Yemen’s Red Sea coast. This Stop Red Sea Spill operation is a p

about 3 years ago
Brazilian oil & gas player hits daily production record
Business & Finance

Brazilian oil & gas player hits daily production record shortly after well restart

Brazilian oil and gas player Enauta has reached its new daily production record after it restarted production from a well that was temporarily shut down. Enauta temporarily halted the production from the 7-ATL-2HP-RJS well on the Atlanta field in March, days after completing the preventive maintenan

about 3 years ago
Kraken Robotics receives mystery $3 million subsea order
Business & Finance

Kraken Robotics receives mystery $3 million subsea order

Canada’s Kraken Robotics has received a $3 million purchase order from an undisclosed client for the delivery of its subsea batteries. According to Kraken, the SeaPower 6000-meter-rated batteries are based on the company’s pressure-tolerant gel encapsulation technology for lithium polymer batteries.

about 3 years ago
Illustration (Courtesy of Solential Energy)
Business & Finance

Solential Energy shakes hands with Indiana utility for floating solar plant

US-based renewable energy developer Solential Energy has announced partnership with Fort Wayne City Utilities for the development of first floating solar array in the American Midwest.

about 3 years ago
Shell and Deltic Energy schedule North Sea drilling ops for next summer
Business & Finance

Shell and Deltic Energy schedule North Sea drilling ops for next summer

Deltic Energy is looking to drill a similar-scale North Sea prospect to the Pensacola next year, the London-based oil and gas exploration company revealed in its latest financial results. In the report issued on 20 April, Deltic Energy revealed it was planning to drill the Selene prospect in the sum

about 3 years ago
Seeing LNG as ‘pragmatic solution’ for energy transition, Mitsui & Co. buys majority stake in US gas asset
Business & Finance

Seeing LNG as ‘pragmatic solution’ for energy transition, Mitsui & Co. buys majority stake in US gas asset

Japanese trading company Mitsui & Co., through its US-based subsidiary, has acquired an unconventional gas asset in Texas in line with its belief that natural gas and LNG will play an important role as a “pragmatic solution” for the energy transition. On 20 April, Mitsui said it completed the acquis

about 3 years ago
Oil platform off Trinidad back on stream following shutdown caused by fire
Business & Finance

Oil platform off Trinidad back online following shutdown caused by fire

UK-headquartered oil and gas exploration and production company Trinity Exploration & Production has restarted production from one of its platforms at an oil field offshore Trinidad following a shutdown that was caused by a fire incident. Trinity revealed on 12 April that it had shut down production

about 3 years ago
C-Innovation opens new facility for subsea projects
Business & Finance

C-Innovation opens new facility for subsea projects

C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has expanded into a new facility in Port Fourchon, Louisiana, providing an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services. According to the company,

about 3 years ago
OMV strikes oil in Norwegian North Sea
Business & Finance

OMV strikes oil in Norwegian North Sea

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin

about 3 years ago
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