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Business Developments & Projects

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Crete - Attica interconnection
Business Developments & Projects

Crete – Attica subsea power link gets €200M EIB boost

Subsea power interconnection project between the island of Crete and mainland Greece (Attica region) has secured a €200 million loan from the European Investment Bank (EIB). IPTO’s Ariadne Interconnection signed the new loan deal, which comes with an option of extending the funding by additional €10

about 5 years ago
Bill Gates-backed outfit in hydrogen push
Business Developments & Projects

Bill Gates-backed outfit in hydrogen push

An Israeli newcomer to the hydrogen industry, H2Pro has set sights on cutting the costs of green hydrogen production.

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about 5 years ago
Port of Ipswich reaches important milestone
Business Developments & Projects

Port of Ipswich reaches important milestone

The Port of Ipswich, owned by Associated British Ports (ABP), has reached a milestone of handling 2 million tonnes of cargo since the beginning of the first lockdown in 2020. Since 23 March, the port has remained open and busy, handling 2 million tonnes of exports and imports of various products inc

about 5 years ago
Sea Falcon - Solstad
Business Developments & Projects

Solstad vessels hired to support North Sea drilling campaigns

Norwegian vessel owner Solstad Offshore has been awarded four platform supply vessel (PSV) contracts for work in the UK North Sea.

about 5 years ago
Transocean Enabler; Source: Equinor
Business Developments & Projects

Equinor strikes oil near Johan Castberg field

Norwegian oil and gas major Equinor has made an oil discovery near the Johan Castberg field, located in the Barents Sea offshore Norway.

about 5 years ago
BP
Business Developments & Projects

BP unveils hybrid model of working with option to work from home

Oil major BP is introducing a new hybrid model of working for staff who had previously been based in the office full-time.

about 5 years ago
Gasum secures LNG distribution license on the French market
Business Developments & Projects

Gasum secures LNG distribution license on the French market

Gasum, the Nordic energy company, obtained a distribution license for liquefied natural gas (LNG) in France.

about 5 years ago
Diana
Business Developments & Projects

DSS to monitor environmental performance of ships with ABS app

Classification society ABS has signed an agreement with Diana Shipping Services (DSS), a subsidiary of Greek shipowner Diana Shipping, to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under DSS management.

about 5 years ago
A Sabca drone at the Rentel offshore wind farm
Business Developments & Projects

DEME tests AI-backed drone ops at Rentel offshore wind farm

DEME Offshore and Sabca have carried out a series of tests at the Rentel offshore wind farm with an aim to automate critical and ad hoc operations in the near future by using autonomous aerial vehicles (AAVs) and artificial intelligence (AI). The companies, which teamed up two years ago, have perfor

about 5 years ago
Maersk Training
Business Developments & Projects

Revamped training and safety centre launched in Aberdeen

Maersk Training has launched the first half of its refurbished Aberdeen safety and survival centre which has undergone a refurbishment.

about 5 years ago
Eni
Business Developments & Projects

Prime International buys Eni’s Pakistan assets

Italian oil and gas company Eni reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil&Gas Company.

about 5 years ago
Artist impression of EolMed floating wind turbine at sea
Business Developments & Projects

Bureau Veritas to certify EolMed floating wind farm

Bureau Veritas has been awarded a contract for project certification for the 30 MW EolMed floating wind pilot project in the Mediterranean Sea, off the coast of Gruissan in France. “This certification will ensure project reliability and sustainability, a critical step for offshore renewable energy d

about 5 years ago
Northern Lights; Source: Maartje Houben (distributed via the European Geosciences Union)
Business Developments & Projects

Norway approves plan for Northern Lights project

The Norwegian Ministry of Petroleum and Energy has approved the development plan for Northern Lights, the storage part of the Longship carbon capture and storage project.

about 5 years ago
Illustration; Source: Eni
Business Developments & Projects

Eni could list stake in new retail-renewable spin-off

Italian oil and gas company Eni is looking to spin off a new combined retail and renewable energy business next year and sell a minority stake to further fund its energy transition plans.

about 5 years ago