LS Cable & System has signed a memorandum of understanding (MoU) with Norway’s Equinor […] The post Equinor, LS Cable & System ink South Korean floating wind agreement appeared first on Offshore Energy.
Seaway7, part of the Subsea7 Group, has been awarded a contract by ScottishPower Renewables […] The post Seaway7 wins East Anglia Two inter-array cable contract appeared first on Offshore Energy.
Donald Trump’s victory in the 2024 US presidential election is a ‘step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates, according to ocean and air freight rate benchmarking and market intelligence platform Xeneta. The post Trump presidency 2.0 will likely disrupt container shipping industry appeared first on Offshore Energy.
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to […] The post ADNOC Drilling-Alpha Dhabi JV buying US downhole visualization company for $45 million appeared first on Offshore Energy.
Dutch engineering consultancy firm Royal HaskoningDHV has acquired compatriot renewable energy consultancy Pondera to […] The post Royal HaskoningDHV to bolster renewable energy consultancy offering with new acquisition appeared first on Offshore Energy.
Altera Infrastructure Holdings, a wholly-owned subsidiary of the UK-based energy services provider Altera Infrastructure, […] The post Altera Infrastructure lets go of Altera Shuttle Tankers appeared first on Offshore Energy.
Norway-based oil services investment company Akastor has signed an agreement with Japan’s Mitsui & Co. to purchase the latter’s shares in Akofs Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services. The post Akastor becoming majority owner of Akofs thanks to $22.5 million deal with Japanese player appeared first on Offshore Energy.
UK’s ITM Power has concluded a technical milestone in electrolyzer technology development, having validated an additional 40% iridium loading reduction whilst maintaining stack performance and longevity. The post ITM Power reaches technical milestone in electrolyzer technology development appeared first on Offshore Energy.
Finnish shipping company Finnlines revealed it is in the process of shipbuilder selection after which the construction of a new green fueled roll-on/roll-off passenger (RoPax) fleet will proceed. The post Finnlines readies to pick builder of three new green fueled RoPaxes appeared first on Offshore Energy.
The EURO-TIDES project is moving forward with plans to establish Europe’s path in tidal […] The post EU-backed tidal array project targets 9.6 MW of tidal energy by 2027 appeared first on Offshore Energy.