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Business Developments & Projects

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MET Croatia delivers LNG cargo for the first time to Krk terminal
Business Developments & Projects

MET Croatia delivers LNG cargo for the first time to Krk terminal

Croatian gas supplier MET Croatia has wrapped up its first LNG delivery to the Krk LNG terminal in the northern Adriatic Sea.

about 5 years ago
Trelleborg
Business Developments & Projects

Trelleborg gets rid of another offshore oil and gas business

Swedish provider of engineered polymer solutions Trelleborg has divested another part of its oil and gas portfolio – this time in Norway.

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about 5 years ago
Aker BP
Business Developments & Projects

Aker BP books profit, higher income over price increase and sold volume

Norwegian oil and gas company Aker BP has booked a profit and saw higher income in the first quarter of the year due to higher realised prices and an increase in sold volume compared to the previous quarter.

about 5 years ago
Novatek lands $3.75 bln Arctic LNG 2 loan
Business Developments & Projects

Novatek lands $3.75 bln Arctic LNG 2 loan

Russia’s largest independent natural gas producer Novatek has secured a €3.11 billion ($3.75 bln) loan for Arctic LNG 2 project with a syndicate of Russian banks.

about 5 years ago
Wärtsilä intoduces product to meet Chinese marine engine emission standard
Business Developments & Projects

Wärtsilä launches product to meet Chinese marine engine emission standard

The Finnish technology group Wärtsilä will introduce a combined engine plus selective catalytic reduction (SCR) packaged product, made to comply with China’s Stage II marine engine emission standard.

about 5 years ago
Map of wind farms in the Baltic Sea off Estonia and Latvia
Business Developments & Projects

Latvia, Estonia exploring grid connection options for joint 1 GW OWF project

The transmission system operators (TSOs) in Latvia and Estonia, AS Augstsprieguma tikls (AST) and Elering AS, have signed a cooperation agreement to study possible solutions for connecting the two countries’ joint 1 GW offshore wind project in the Baltic Sea to their mainland grids. Latvia and Eston

about 5 years ago
Scandinavian Biogas
Business Developments & Projects

Scandinavian Biogas: Expansion of liquid biogas facility sparks interest of shipping companies

Scandinavian Biogas Fuels International AB has decided to invest approximately NOK 170 million (about $20.7 million) in a liquid biogas plant (LBG) in Skogn, outside Trondheim, Norway.

about 5 years ago
Aker wins FEED for Norwegian e-Fuel plant
Business Developments & Projects

Aker wins FEED for Norwegian e-Fuel plant

Oil services provider Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway.

about 5 years ago
Image showing FPP's floating wind and wave hybrid concept (Courtesy of Floating Power Plant)
Business Developments & Projects

FPP pockets €17.7M for floating wind and wave scheme off Canary Islands

Danish company Floating Power Plant (FPP) has secured €17.65 million in R&D tax credits for an offshore floating wind and wave project off the coast of the Canary Islands.

about 5 years ago
Valaris
Business Developments & Projects

Valaris books first-quarter loss, looks to emerge from Chapter 11

Offshore drilling contractor Valaris booked a $910 million loss in the first quarter of the year but hopes to re-emerge from bankruptcy sooner rather than later.

about 5 years ago
Photo showing Patania II seabed mining robot (Courtesy of DEME)
Business Developments & Projects

Deep sea mining robot gets stuck 4,500 metres beneath Pacific Ocean’s surface

Global Sea Mineral Resources (GSR), the deep sea mining subsidiary of the Belgian dredger DEME, has faced a setback on one of the world’s first deep sea mining pilot test as its 25-tonne robot ‘nodule collector’ Patania II got detached and stranded on the Pacific Ocean’s seabed.

about 5 years ago
Wind turbine installation at Kriegers Flak offshore wind farm in Denmark
Business Developments & Projects

Kriegers Flak OWF generating electricity for Danish households

The Kriegers Flak offshore wind farm in the Baltic Sea, where half of the turbines have been installed so far, is already generating electricity for Danish households and has contributed to Vattenfall’s Q1 2021 results. The developer reported a decrease in electricity generation in the first quarter

about 5 years ago
SFL
Business Developments & Projects

SFL orders 2 LNG-fueled car carriers, secures long-term charters

Bermuda-based ship owner and charterer SFL Corporation Ltd. is to order two new dual-fuel 7,000 CEU car carriers that will be chartered out to an unnamed European automobile manufacturer.

about 5 years ago
Eidesvik
Business Developments & Projects

Eidesvik sells platform supplier outside oil and gas sector

A subsidiary of Norwegian offshore vessel owner Eidesvik Offshore has sold and delivered one of its platform supply vessels (PSVs).

about 5 years ago