10000 results found for 'iceland'

10000 results found for 'iceland'
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  • Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected to start in 2029, one year after the original plan.

  • Dreki Area Research Results Presented in Reykjavík, Iceland

    31 January 2012
    Business & Finance

    The Norwegian Petroleum Directorate (NPD) and the University of Bergen presented important new research results in the Dreki Area at the 30th Nordic Geological Winter Meeting in Reykjavík. Data was acquired from both the Icelandic and Norwegian sides of the ridge, located offshore the north-eastern coast of Iceland. The Dreki Area is a part of […]

  • CNOOC Awarded a Licence in Dreki Area Offshore Iceland

    22 January 2014

    Iceland’s national energy authority Orkustofnun has granted a new offshore licence to CNOOC Iceland ehf. as operator with 60 % share, Eykon Energy ehf with 15 % share and Petoro Iceland AS with 25 % share.   CNOOC Iceland ehf. is a daughter company of CNOOC International Ltd. Eykon Energy ehf. is a daughter company of Eykon […]

  • bremenports to Take Part in Developing Finnafjord Port in Iceland

    2 February 2017
    Business & Finance

    German port management company bremenports has received the green light from Bremen’s senate to become a member of the development company for the port construction project in Iceland.  In May 2016, the Icelandic government signed an agreement with the municipalities of Langanesbyd and Vopnafjordur, the engineering company EFLA and bremenports to plan and construct a […]

  • bremenports to Develop New Deep-Water Port in Iceland

    12 April 2019
    Business & Finance

    bremenports, Icelandic partners join in a project to develop a deep-water port at Finnafjord.

  • Iceland: Landeyjahofn Harbour Built in Wrong Place, Says Official

    14 October 2011

    The trouble-hit Landeyjahofn harbour, built to shorten trips between the Westman Islands and the Icelandic mainland, was built in the wrong… (icenews) [mappress] Source: icenews, October 14, 2011;

  • Iceland Needs UK Financial Support for Subsea Cable Project

    29 October 2013
    Business & Finance, Research & Development

    A subsea cable project linking the UK with Iceland needs financial support from the British government, reports The Guardian. Iceland has the cheapest electricity prices in Europe because of the abundance of geothermal energy, wind and hydropower, and it is seeking a way to exploit these resources. Olafur Grimsson, Iceland’s president, is expected to call […]

  • Iceland Awards Two Production Licences in Dreki Area

    8 January 2013
    Business & Finance

    Iceland’s Orkustofnun has on January 4, in the presence of the Norwegian Minister of Petroleum and Energy, Ola Borten Moe, and Minister of Industries and Innovation, Steingrímur J. Sigfússon, issued two licences for exploration and production of hydrocarbons in the Dreki Area. Orkustofnun granted licences to Faroe Petroleum Norge AS, Branch in Iceland, Íslenskt Kolvetni […]

  • Iceland: Landeyjahofn Harbour Needs More Dredging

    18 October 2010

    Iceland’s brand new Landeyjahofn harbour, built for the Westman Islands ferry, continues to cause expensive headaches…   (icenews) [mappress] Source: icenews, October 19, 2010;

  • Gasum conducts 1st LNG bunkering operation in Iceland

    27 June 2023
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    Nordic energy company Gasum has carried out the first liquefied natural gas (LNG) bunkering operation in the port of Reykjavik, Iceland. 

  • Iceland: Energy Authority Sends Exploration Licences Drafts

    5 October 2012
    Business & Finance

    The National Energy Authority has nearly finished processing the applications received in the second licensing round for exploration and production of hydrocarbons on the Icelandic continental shelf.

  • Jan de Nul to Repair Subsea Cable in Iceland

    13 June 2017
    Operations & Maintenance

    Jan De Nul Group has been contracted by the Icelandic electrical transmission company Landsnet for an urgent cable repair between Westman Island and the main land of Iceland. The repair is planned to be undertaken in June using the cable installation vessel Isaac Newton, which was mobilized from Canada to Europe, Jan de Nul informed. Full […]

  • Icelandic maritime start-up secures fresh funding

    3 May 2021
    Business & Finance, Business Developments & Projects, Innovation, Technology

    Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund with the participation of Innoport and TechNexus.

  • Havyard to Build Iceland’s First Platform Supply Vessel

    21 March 2013
    Business & Finance

    Yesterday at the Fosnavåg Shippingklubb Cod Dinner the Foreign Minister of Iceland, Dr. Össur Skarphéðinsson announced that Fafnir Offshore, an Icelandic oil service company, had contracted HAVYARD GROUP to build and deliver Iceland’s first platform supply vessel. The Foreign Minister stated that Iceland is ready to embrace the opportunities and meet the challenges being brought […]

  • Iceland Underwater Robots to Join Russian Navy Fleet

    28 February 2012
    Business & Finance, Equipment

    Russian Navy will receive stand-alone unmanned submersibles made in Iceland. Russian defense ministry plans to spend RUR 744.244 mln on eight autonomous unmanned submersibles produced by Teledyne Gavia (Iceland), reports Nezavisimaya Gazeta newspsper. Three underwater robots are expected to join Russian Navy in the current year, other five – in 2013-2014. According to Teledyne Gavia, […]

  • Third stage of giant Australian gas project to sport TechnipFMC subsea production systems

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Shortly after disclosing the final investment decision (FID) for the project, U.S. oil & gas company Chevron has awarded TechnipFMC with a contract for the delivery of subsea production systems for the third stage of development for its giant gas project offshore Western Australia. As part of the contract defined as “significant”, meaning it is […]

  • GTT Acquires Icelandic Smart Shipping Solutions Provider

    24 February 2020
    Business & Finance

    GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.

  • Iceland’s Whale Meat Heading for Northern Sea Route?

    17 June 2015

    A freighter carrying 1,800 tonnes of fin whale meat arrived in Tromso, Norway late last week, non-governmental environmental organization Greenpeace said. Fin whales are an endangered species, listed on CITES Appendix one which forbids all international commercial trade. The ship, known as Winter Bay, is expected to transport the meat originating from Iceland to Japan through the […]

  • Seabed Constructor Suspected of Illegal Activities Off Iceland

    12 April 2017
    Business & Finance, Operations & Maintenance

    A subsea support and construction vessel Seabed Constructor was at the weekend called back to port by the Icelandic Coast Guard under suspicion it had engaged in illegal research in the Icelandic exclusive economic zone. The Coast Guard spotted the vessel after it had been stationary for some time ​​about 120 nautical miles southeast of the country claimed […]

  • ABB to Supply Subsea High-Voltage Link to Icelandic Island

    28 February 2013
    Business & Finance, Operations & Maintenance

    ABB, the leading power and automation technology group, has received an order worth around $10 million, from Landsnet, the Icelandic transmission system operator, to supply a high-voltage submarine and underground power-cable system that will transport electricity from the mainland to the volcanic island of Heimaey. Heimaey is the only inhabited island of the Vestmannaeyiar archipelago […]

  • GTT acquires Icelandic smart ship specialist Marorka

    21 February 2020

    French LNG containment specialist GTT has acquired 100 percent of the share capital of the Icelandic smart shipping specialist Marorka.

  • Iceland: PSW’s solution to enable fossil-free berthing for cruise ships

    11 April 2022
    Business Developments & Projects, Outlook & Strategy, Transition

    Faxagardur port area in Reykjavik has hired Norwegian power systems provider PSW Power & Automation to deliver shore power solution for cruise vessels visiting Iceland.

  • Icelandic Competition Authority Okays Eimskip-Royal Arctic Line Cooperation

    18 April 2019
    Business & Finance

    Iceland approves cooperation between Eimskip and Royal Arctic Line.

  • BBC ICELAND Helps in Syrian Refugees Rescue Operation

    17 September 2013
    Business & Finance

    The global provider of multipurpose and heavy lift shipping services, German based BBC Chartering reports its vessel BBC ICELAND assisted a rescue operation where more than 300 Syrian refugees were found floating in fishing boats off the Italian-Sicilian coast on September 13. Due to its proximity to the scene, the BBC ICELAND’s master reported the […]

  • Vessel Allision Causes “Considerable Damage” to Iceland’s Sundahöfn Port

    28 May 2019

    Repairs are estimated to take between six and eight weeks.