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Business Developments & Projects

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View from the Gullfaks A platform - Equinor
Business Developments & Projects

Equinor spent nearly $18 billion on suppliers in 2020

In 2020, Norwegian oil and gas giant Equinor purchased goods and services worth NOK 150.8 billion (about $17.8 billion) from around 8500 suppliers globally.

about 5 years ago
The green Living Stone cable laying vessel
Business Developments & Projects

Inter-array cable installation resuming soon at Moray East OWF

The second inter-array cable installation campaign will begin this month at the Moray East offshore wind farm, where the seventh wind turbine was installed on 10 February and the decommissioning of the met mast is currently underway. The first inter-array cable installation campaign, which started o

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about 5 years ago
FID reached for Zeebrugge LNG regas capacity expansion
Business Developments & Projects

FID reached for Zeebrugge LNG regas capacity expansion

Gas infrastructure major, Fluxys noted it has reached a final investment decision to expand regasification capacity at the Zeebrugge LNG facility.

about 5 years ago
OGA takes proactive approach and launches probe into licence breach
Business Developments & Projects

OGA takes proactive approach and launches probe into licence breach

UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.

about 5 years ago
Containerships Borealis
Business Developments & Projects

LNG-powered Containerships Borealis joins CMA CGM

Containerships, an Intra-European carrier and a subsidiary of the CMA CGM Group, recently took delivery of its fifth new containership powered by liquefied natural gas (LNG), the Containerships Borealis.

about 5 years ago
Global Energy Group's Port of Nigg site
Business Developments & Projects

Offshore Wind Growth Partnership grants € 1.5 million to 12 UK companies

The Offshore Wind Growth Partnership (OWGP), established as part of the Offshore Wind Sector Deal and funded by members of the Offshore Wind Industry Council (OWIC), has awarded twelve UK companies a total of GBP 1.3 million (around € 1.5 million) in funding and business improvement support. “These

about 5 years ago
Floating Solar Energy Hybrid Project illustration (Courtesy of The Marine Institute)
Business Developments & Projects

Irish company designs floating solar platform for green hydrogen production

SolarMarine Energy, an Irish start-up based in Co Mayo, has designed an innovative floating hybrid renewable energy system which could offer sustainable low carbon solution for Irish coastal communities.

about 5 years ago
Montrose field in the North Sea - Repsol Sinopec
Business Developments & Projects

Repsol Sinopec, TechnipFMC, Petrofac in pact to boost recovery in North Sea

Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS

about 5 years ago
Transocean is retiring Leiv Eiriksson rig
Business Developments & Projects

Transocean adds more work to backlog, retires Leiv Eiriksson rig

Transocean has secured new contracts for its fleet, bringing the total backlog to $7.8 billion, but it has also decided to retire the Leiv Eiriksson.

about 5 years ago
Photo of Simec Atlantis' AR500 ahead of installation in Japan (Courtesy of Kyuden Mirai Energy)
Business Developments & Projects

Simec Atlantis tidal kit starts producing power in Japan

The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has started generating clean electricity in Japan following its installation off Goto Island chain late in January.

about 5 years ago
An image illustrating green hydrogen as green drops
Business Developments & Projects

Royal HaskoningDHV to work on Europe’s largest offshore wind-to-hydrogen project

Royal HaskoningDHV has been awarded a contract for environmental consultancy services for NortH2, a large offshore wind-to-hydrogen project being developed by a consortium comprising Shell, Gasunie, Equinor, and RWE, and supported by Groningen Seaports and Province of Groningen. “We are thrilled to

about 5 years ago
Belgium and Denmark subsea power link map
Business Developments & Projects

Belgium and Denmark exploring subsea power link

Belgian system operator Elia and its Danish counterpart Energinet have launched a feasibility study for a subsea cable between the two countries that would link the high-voltage grids over a distance of more than 600 kilometres. The TSOs plan to wrap up the study by the end of 2021, with a ‘hybrid’

about 5 years ago
Johan Sverdrup (Photo: Equinor/Ole Jørgen Bratland)
Business Developments & Projects

Equinor field at risk of shutdown over possible strike at Mongstad

Norwegian oil and gas company Equinor has warned that possible strike action at the Mongstad refinery could affect offshore fields on the NCS.

about 5 years ago
Robert Nyiredy; Source: Vysus PSA
Business Developments & Projects

Vysus to support Norwegian offshore safety watchdog

Petroleum Safety Authority (PSA), the agency responsible for safety in the petroleum sector across the Norwegian continental shelf, has awarded a framework agreement with global engineering and technology company Vysus Group.

about 5 years ago