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Business Developments & Projects

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A jack-up drilling rig
Business Developments & Projects

Offshore drilling set for two consecutive years of growth, Rystad says

After a challenging 2020, oil and gas demand recovery – supported by vaccinations and OPEC+ cuts – is proving good for drilling activity, Rystad said.

about 5 years ago
Essity turns to LBG for fossil-free production
Business Developments & Projects

Essity turns to LBG for fossil-free production

The Nordic energy company Gasum has made the first delivery of liquefied biogas to its customer Essity.

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about 5 years ago
Watch: TechnipFMC Karish riser ops
Business Developments & Projects

Watch: TechnipFMC Karish riser ops

Subsea giant TechnipFMC has completed the wet store installation of three steel lazy wave risers for Energean’s Karish and Tanin development project offshore Israel. The pipelay vessel Deep Blue executed the project, mobisling from Limassol Port in Cyprus, after delivering the risers from TechnipFMC

about 5 years ago
Illustration (Courtesy of Seabased)
Business Developments & Projects

Seabased and ORE Catapult roll out wave-to-wire optimisation tool

Swedish wave energy company Seabased and the Offshore Renewable Energy (ORE) Catapult have created a new software tool designed to help extract the most power from various types of wave climates.

about 5 years ago
Fos Cavaou LNG terminal launches open season 2021
Business Developments & Projects

Elengy puts Fos Cavaou LNG capacity on offer

French LNG terminal operator Elengy and its subsidiary Fosmax LNG have launched a call for capacity subscriptions at Fos Cavaou LNG terminal.

about 5 years ago
Green Minerals inks deal with OSI; Lists on Euronext Growth Oslo
Business Developments & Projects

Green Minerals inks deal with OSI; Lists on Euronext Growth Oslo

Green Minerals, a subsidiary of SeaBird Exploration has signed a letter of intent with a consortium led by Oil States Industries (OSI) to collaborate on a FEED study for a turnkey harsh environment deep sea mining system (HEDSMS) against a long term contract for exclusive use within Norwegian jurisd

about 5 years ago
Photo of Minesto's two DG100 marine energy converters on the quayside in Faroe Islands (Courtesy of Minesto)
Business Developments & Projects

Minesto’s power production performance in line with simulations

Swedish marine energy company Minesto has delivered its second tidal kite to the Faroe Islands and verified that its power production performance is aligned with simulated predictions.

about 5 years ago
Wärtsilä to support NYK's LNG carrier pair
Business Developments & Projects

Wärtsilä to support NYK’s LNG carrier pair

The Finnish technology group Wärtsilä has signed two 15-year optimised maintenance agreements with Japan-based NYK LNG Ship Management for two LNG vessels.

about 5 years ago
strohm TCP
Business Developments & Projects

SES delivers for Strohm

Subsea Energy Solutions (SES) has completed three projects for thermoplastic composite pipe (TCP) specialist Strohm, formerly Airborne Oil and Gas. For the projects, the UK-based SES provided a complete equipment package including its patented SUB-VBR Vertebrae Bend Restrictors and SUB-BALLAST-TCP B

about 5 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd readies sustainability-linked senior note

German container shipping major Hapag-Lloyd AG revealed plans to issue a sustainability-linked corporate senior note in the amount of EUR 300 million (about $357 million).

about 5 years ago
Photo of Vincent and Roisin Mc Cormack, father and daughter founding team of GKinetic Energy (Courtesy of GKinetic Energy)
Business Developments & Projects

VATTS to pair tidal turbines with battery storage in Strangford Lough demo

A new project, dubbed VATTS, has been launched with the aim to demonstrate vertical axis tidal turbines coupled with battery storage technology in a demonstration planned for Strangford Lough later this year.

about 5 years ago
Reach Subsea scores more work
Business Developments & Projects

Reach Subsea scores more work

Norwegian contractor Reach Subsea has alone, and together with its Swedish partner MMT, secured several contracts and call-offs under frame agreements. The company said Tuesday it now has approximately 800 project days in the bag for 2021 execution, compared with the 550 days announced in our 4Q 202

about 5 years ago
Nord Stream
Business Developments & Projects

Germany’s Greens promise to end Nord Stream 2 after election

Germany’s Greens have promised to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Germany in their election programme.

about 5 years ago
West Mira rig - Wintershall Dea
Business Developments & Projects

Drilling stops on Wintershall Dea field after serious rig incident

An investigation has been launched following a serious incident on the West Mira rig, which happened while the rig was working for Wintershall Dea.

about 5 years ago