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Business Developments & Projects

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Photo of the Stril Explorer vessel (Courtesy of Reach Subsea)
Business Developments & Projects

Reach Subsea wins BP call-off for Trinidad and Tobago services

Norwegian contractor Reach Subsea has been awarded a call-off contract under the frame agreement with BP for the support services offshore Trinidad and Tobago.

about 5 years ago
Photo of Minesto's DG100 tidal kite in Faroe Islands (Courtesy of Minesto)
Business Developments & Projects

Minesto widens first quarter loss

Swedish marine energy developer Minesto has recorded an increase in net loss for the first quarter of 2021, when compared to the financial results for the same period posted a year before.

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about 5 years ago
PSA wraps up Hammerfest LNG fire investigation
Business Developments & Projects

PSA wraps up Hammerfest LNG fire investigation

Norway’s Petroleum Safety Authority said it has concluded a lengthy investigation into the fire accident at Equinor’s Hammerfest LNG facility.

about 5 years ago
KN calls for Klaipėda LNG capacity allocation
Business Developments & Projects

KN calls for Klaipėda LNG capacity allocation

Klaipedos Nafta, Lithuanian oil and LNG terminal operator, has launched an annual capacity booking procedure for the Klaipėda LNG terminal.

about 5 years ago
Samskip
Business Developments & Projects

Samskip expands use of marine biofuels to more ships

Dutch transportation company Samskip has increased its commitment to greener shipping through a new formal agreement with sustainable cargo initiative GoodShipping to run part of its fleet on marine biofuels and significantly reduce carbon footprint.

about 5 years ago
Deepsea Yantai rig - Neptune
Business Developments & Projects

Neptune begins final drilling campaign at Duva field

Neptune Energy has started drilling operations on four production wells on the Duva field in the Norwegian sector of the North Sea.

about 5 years ago
Photo showing QED Naval’s Subhub platform (Courtesy of QED Naval)
Business Developments & Projects

QED Naval opens Subhub tenders

Scottish marine energy specialist QED Naval has launched a couple of tenders related to the development of its Subhub tidal energy platform.

about 5 years ago
Havila Clipper PSV
Business Developments & Projects

Equinor charters Havila platform supplier

Havila Shipping has been awarded a contract from compatriot oil giant Equinor for one of its platform supply vessels (PSVs).

about 5 years ago
Illustration/ECN – Hydrodynamic and Ocean Engineering Tank (Courtesy of MaRINET2)
Business Developments & Projects

MaRINET2 sets up short course on offshore renewable energies

WavEC Offshore Renewables, in collaboration with MaRINET2, has organized a course on offshore renewable energies for industry and academic researchers.

about 5 years ago
Barryroe map - Providence Resources
Business Developments & Projects

Ireland: Barryroe farm-out terminated over funding issues

Oil and gas company Providence Resources has terminated its farm-out agreement with SpotOn Energy for the Barryroe project off Ireland.

about 5 years ago
Gazprom continues hydrogen energy development
Business Developments & Projects

Gazprom to continue hydrogen energy development

Russian gas company Gazprom plans to grow its hydrogen production and use and is considering several areas for utilising hydrogen as an energy source.

about 5 years ago
Euronav
Business Developments & Projects

Euronav behind order for LNG-ready VLCC duo at KSOE

Belgium’s tanker shipping company Euronav NV has confirmed that it signed contracts for the construction of two very large crude carriers (VLCCs) with South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI).

about 5 years ago
A photo of TenneT's offshore substation at an offshore wind farm
Business Developments & Projects

Dutch government launches consultation on IJmuiden Ver Gamma project

The Dutch Ministry of Economic Affairs and Climate and the transmission system operator (TSO) TenneT have opened consultation on the IJmuiden Ver Gamma 2 GW offshore wind connection project, the third offshore grid in the wind farm zone along with IJmuiden Ver Alpha and Beta. Local residents, compan

about 5 years ago
Oil barrels - oil demand
Business Developments & Projects

Rystad downgrades peak oil demand to 101.6 million bpd in 2026

Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

about 5 years ago