Hellenic Cables has signed a contract with Seaway 7 to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland.Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing,…
Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering, said to significantly reduce lifetime carbon dioxide emissions from the production of wind turbine towers.The low-emission steel is produced using…
Fishbones, a provider of alternative reservoir stimulation technology, has started an industry technology development project with major Norwegian operator Aker BP to improve oil recovery from reservoir assets.Supported with a $121,000 (NOK 1…
UK-based company HydroWing has designed an innovative new barge that aims to cut costs of installation and maintenance for its patented tidal stream array technology.HydroWing technology features a wing system that streamlines operations and…
OX2 and Ingka Investments, the investment arm of Ingka Group, have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct the offshore energy hub Neptunus off the coast of Blekinge, in the south of Sweden…
Talos Energy has executed definitive agreements to acquire QuarterNorth Energy, a U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields, for $1.29 billion.The acquisition will boost Talos’…
A group of 27 investors that own around 5% of Shell's shares has co-filed an independent resolution urging the energy company to set tighter climate targets, the biggest such drive to date.The resolution, led by activist shareholder Follow This…
Offshore wind developer Copenhagen Offshore Partners (COP) announced Rune Damgaard and Jesper Krarup Holst will serve as Co-CEOs of the group’s operations in the Philippines, including development of three offshore wind sites totalling 2 GW…
Subsea solutions provider N-Sea Group announced it has entered into an agreement with Geo Plus to long term charter the Dutch flagged vessel Geo Ranger, a hybrid survey and ROV support vessel.The Geo Ranger will accompany the Geo Focus which is already under N-Sea management and control…
Germany’s United Heavy Transport (UHT) and Korea’s Dongbang Transport Logistics have joined forces in a new strategic alliance combining their expertise in heavy lift vessels and transport.UHT and Dongbang Transport Logistics signed a memorandum of understanding (MOU)…
BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a major bet on alternative assets and announced a shake-up of its top management.The deal, which includes $3 billion in cash and 12 million BlackRock shares…
The Environmental Impact Assessment (EIA) procedure has begun for Odra Energia, the proposed 1.3 GW floating offshore wind project that the partnership between Renantis and BlueFloat Energy plans to develop off the southern coast of the province of Lecce in Italy…
QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed…
The first of two methanol-ready newbuild Construction Service Operation Vessels (CSOVs) for the Norwegian shipowner Olympic has arrived at the outfitting yard of Ulstein Verft in Norway.The contract between Olympic and Ulstein was signed in…
Norwegian company ABL and Aberdeen-based health and safety consultancy Integrity HSE have formed strategic partnership to reinforce their rig inspection services.ABL’s rig inspection service offering will be enhanced with Integrity HSE’s tailored…
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