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Business Developments & Projects

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Deepsea Stavanger
Business Developments & Projects

North Sea yields ‘significant’ black gold discovery

Aker BP, a Norwegian oil and gas player, has brought its exploration campaign in the North Sea to an end, uncovering a new oil find that augments its hydrocarbon arsenal off the coast of Norway.

about 1 year ago
CMA CGM secures bio-LNG supplies with latest investment
Business Developments & Projects

CMA CGM secures bio-LNG supplies with latest investment

French shipping giant CMA CGM has formed a strategic partnership with renewable natural gas (RNG) provider Vanguard Renewables to support the decarbonization of its shipping activities.

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about 1 year ago
Munin jacket; Source: Aker BP
Business Developments & Projects

WATCH: North Sea-bound platform jacket ready to go to its final destination

Aker BP, a Norwegian oil and gas player, has set the stage to transport a jacket destined for its gas development project in the North Sea on the Norwegian Continental Shelf (NCS).

about 1 year ago
Island Innovator rig; Source: Island Drilling
Business Developments & Projects

2012-built rig in digital era pursuit as Island Drilling awards five-year gig to Tampnet

With digitalization spreading its wings across offshore operations, Norway’s offshore drilling contractor Island Drilling has handed out a multi-year deal to Tampnet, a compatriot provider of offshore high-capacity and low-latency connectivity services, to enhance the digital capabilities of its sem

about 1 year ago
CMB.TECH
Business Developments & Projects

Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships

Belgian shipowner CMB.TECH and Norway-based dry bulk shipping company Golden Ocean Group (GOGL) have completed the stock-for-stock merger. As informed, GOGL merged with CMB.TECH Bermuda, a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company, and with CMB.TECH as the i

about 1 year ago
USV in action for TotalEnergies offshore Norway
Business Developments & Projects

USV in action for TotalEnergies offshore Norway

Norway’s Reach Subsea has performed a subsea inspection campaign at TotalEnergies’ fields on the Norwegian Continental Shelf (NCS) using its Reach Remote 1 uncrewed surface vessel (USV). The annual inspection of subsea production systems and Xmas trees also included integrity checks, assessment of a

about 1 year ago
Argeo’s bankruptcy estate sells three ‘core’ technologies to Kongsberg Discovery
Business Developments & Projects

Argeo’s bankruptcy estate sells three ‘core’ technologies to Kongsberg Discovery

Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, is set to acquire active and passive electromagnetic sensing capabilities from Argeo’s bankruptcy estate. To remind, it was reported on July 7 that Norwegian subsea services provider Argeo and its Nor

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR.

about 1 year ago
UK: Cable route construction starts on subsea green electricity superhighway
Business Developments & Projects

Cable route construction starts on UK’s subsea green electricity superhighway

Construction has started on the cable route for Eastern Green Link 2 (EGL2), a subsea link said to be the UK’s largest-ever electricity transmission project and the longest high voltage direct current (HVDC) cable in the country. Developed by a joint venture of SSEN Transmission and National Grid El

about 1 year ago
Boskalis Baltica 2
Business Developments & Projects

Boskalis kicks off boulder clearance work offshore Poland

The next stage of seabed preparation for the construction of the 1.5 GW Baltica 2 offshore wind farm has begun with the arrival of Boskalis’ BOKA Falcon vessel in Polish waters. The task of BOKA Falcon, equipped with two plows, T-Rex and Megalodon, will be to remove large boulders along the planned

about 1 year ago
Step forward for Eni’s co-control stake sale in CCUS business
Business Developments & Projects

Step forward for Eni’s co-control stake sale in CCUS business

Global Infrastructure Partners (GIP), an infrastructure investor part of BlackRock, has entered into a definitive agreement with Italy’s energy giant Eni for the acquisition of a co-control 49.99% interest in the latter’s carbon capture, utilization, and storage (CCUS) business. The partners in May

about 1 year ago
UK subsea technology and services firm appoints new CEO after a decade
Business Developments & Projects

UK subsea technology and services firm appoints new CEO after a decade

UK-based subsea technology and services company SMD has appointed a new chief executive officer (CEO), after the previous one spent a decade in the role. The new CEO, Kenny Liu, is succeeding Julian Zhu, who led the establishment of SMD’s innovation division and oversaw the expansion of UK facilitie

about 1 year ago
Floating solar project in Valencia reaches first milestones
Business Developments & Projects

Keel laid for BlueNewables floating solar platform in Spain

Spain-based Astilleros San Enrique, part of Grupo Marina Meridional, has reached a new stage in the construction of the BlueNewables floating solar project with the keel laying of the first of two platforms. The work is taking place at the former Factorias Vulcano site in Vigo. According to local me

about 1 year ago
C40 Cities
Business Developments & Projects

Swire Shipping links up with Achilles Maritime Netowork

Singapore-based shipping company Swire Shipping has become an official member of the Achilles Maritime Network, a digital platform developed by the UK-based supply chain risk management solutions provider Achilles. As disclosed, Swire Shipping’s joining the collaborative industry initiative now brin

about 1 year ago