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Commissioning of Baltic Pipe receiving terminal further postponed
Business & Finance

Commissioning of Baltic Pipe receiving terminal further postponed

The commissioning of the Baltic Pipe receiving terminal in western Denmark is set to be further postponed due to continued technical challenges. The receiving terminal for gas from the Norwegian Europipe II pipeline was initially planned to be commissioned on 8 October but was postponed to 20 Octobe

about 3 years ago
Petrojarl Foinaven FPSO; Source: Teekay
Business & Finance

FPSO Petrojarl Foinaven goes to M.A.R.S.

M.A.R.S. has been awarded a major EU Green Recycling contract for Teekay’s Petrojarl Foinaven FPSO.

about 3 years ago
Marine warranty surveyor chosen for Australian 750 MW interconnector
Business & Finance

Landmark agreement signed to progress Australian interconnector

The Australian, Tasmanian and Victorian governments have reached a funding agreement to build the 1,500 MW bi-directional Marinus Link interconnector between Victoria and Tasmania. The Australian government funding is part of the $20 billion Rewiring the Nation plan to transform the country’s electr

about 3 years ago
Illustration/Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of US DOE)
Business & Finance

United States trumpets the largest ever investment in tidal energy and river current systems

The US Department of Energy (DOE) has announced $35 million in funding to advance river current and tidal energy systems, the largest ever made for these renewable energy technologies in the United States so far.

about 3 years ago
Business collaboration signing
Business & Finance

NYK invests in Pertamina’s shipping subsidiary

Japanese shipping major NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina (Persero). The duo plans to conclude an investment agreement and complete the investment by the end of 2

about 3 years ago
Normand Falnes PSV - Solstad Offshore
Business & Finance

Solstad PSV gets five-year job in North Sea

Solstad Offshore has secured a new five-year contract for one of its platform supply vessels (PSVs) with TotalEnergies in the North Sea.

about 3 years ago
LNG carrier; Samsung Heavy Industries
Business & Finance

Samsung Heavy Industries lands deal for VLGC duo

South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for the construction of two very large gas carriers (VLGCs) worth approximately $190 million (KRW 270.7 billion). The company behind the order is an undisclosed shipowner based in Africa, according to a stock exchange filing. T

about 3 years ago
AOD I jack-up rig - Seadrill
Business & Finance

Seadrill closes sale of seven jack-up rigs in Saudi Arabia

Offshore drilling contractor Seadrill has completed the sale of seven jack-up rigs to ADES in Saudi Arabia.

about 3 years ago
BP to form global floating wind team
Business & Finance

BP to form global floating wind team

The original article published on 14 October has been updated following the news that BP has qualified as an eligible bidder for the first offshore wind lease sale in California. BP is advertising a new opening in its offshore wind business, this time looking for the Head of Floating Offshore Wind,

about 3 years ago
Ithaca Energy
Business & Finance

North Sea operator Ithaca Energy makes plans for London listing

Ithaca Energy, the UK’s independent E&P company focused on the North Sea, has revealed its intention to float on the London Stock Exchange.

about 3 years ago
Nauticus Robotics hears NASDAQ bells
Business & Finance

Nauticus Robotics hears NASDAQ bells

Nauticus Robotics is set to ring the NASDAQ closing bell this week, celebrating the recent closing of its business combination with CleanTech Acquisition Corp. (CLAQ). The ceremony will be held on Thursday, 20 October, and will mark the associated listing of Nauticus’ common stock and warrants on NA

about 3 years ago
South African fishermen - TotalEnergies - South Africa
Business & Finance

NGOs launch campaign against TotalEnergies’ project in South Africa

Two organizations have launched a campaign calling on TotalEnergies to renounce its offshore oil & gas projects in South Africa.

about 3 years ago
px Group to manage 20-year-old North Sea gas pipeline
Business & Finance

px Group to manage 20-year-old North Sea gas pipeline

TotalEnergies E&P UK has awarded px Group with a long-term multi-year contract to operate the SEAL gas pipeline in the North Sea. The SEAL pipeline transports sales quality gas from the Elgin Franklin platform in the Central Graben Area of the North Sea to the dedicated module at the Bacton gas term

about 3 years ago
Sustainable Marine sold Swift Anchors business to newly-established Aquos Schottel Marine Technologies (Courtesy of Sustainable Marine)
Business & Finance

Sustainable Marine sells Swift Anchors business to German partner

Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel.

about 3 years ago
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