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Business Developments & Projects

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NordLink
Business Developments & Projects

TSOs ramping up NordLink

Statnett and TenneT have agreed to increase the allowed ramping on the NordLink interconnector from 300 to 600 megawatts per hour. NordLink is a subsea 1,400 megawatt HVDC power cable between Norway and Germany. In December, TenneT and partners Statnett and KfW put the interconnector into trial oper

about 5 years ago
Damen
Business Developments & Projects

Damen, Sea Machines partner up on autonomous ship tech

Dutch shipbuilder Damen Shipyards Group and Sea Machines Robotics, the USA-based startup developing autonomous ship solutions, have signed an alliance agreement to further investigate the adoption of collision avoidance functionality onboard Damen-built ships.

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about 5 years ago
FS Aberdour, one of the platform supply vessels sold
Business Developments & Projects

Two platform supply vessels to be sold for $6.6 million

Northern Supply, where S.D. Standard Drilling has indirect ownership, has entered into a memorandum of agreement to sell the two platform supply vessels.

about 5 years ago
Cable installation at an offshore wind farm
Business Developments & Projects

OWA releases export cable design recommendations to prevent failure

The Carbon Trust’s Offshore Wind Accelerator (OWA) has published new recommendations for fibre optic cable design to mitigate the risk of export cable failure in offshore wind. The five key recommendations are: The optical fibres should be encompassed by a stainless steel tube and stainless-steel wi

about 5 years ago
The Sleipner field center in the North Sea - Equinor
Business Developments & Projects

Norway greenlights plan for partial electrification of Sleipner field

Norwegian Ministry of Petroleum and Energy has approved a revised PDO for partial electrification of the Equinor-operated Sleipner field off Norway.

about 5 years ago
Kristian Johansen TGS
Business Developments & Projects

TGS sets up New Energy Solutions division

Oslo-listed seismic player TGS is launching a new energy-transition-focused business unit – New Energy Solutions (NES). In a statement on Thursday, TGS said it aims to establish itself as the leading provider of data and insights directed towards industries actively contributing to the reduction of

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

Wintershall Dea completes Nova top holes

Oi and gas company Wintershall Dea has completed the top hole drilling campaign on the Nova field located in the North Sea offshore Norway. Wintershall Dea received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), for production drilling and completion on the No

about 5 years ago
An image of Ideol's floating wind foundation
Business Developments & Projects

FPSO operator BW Offshore to enter floating wind

Another company involved in the oil & gas sector has set its sights on offshore wind, as the industry increasingly moves towards renewable energy amid the global energy transition. The latest to announce its clean energy plans is BW Offshore, which is now in investment discussions with the floating

about 5 years ago
Shell CEO Ben van Beurden
Business Developments & Projects

Shell maps out strategy to accelerate drive to net-zero

Oil major Shell on Thursday set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services.

about 5 years ago
Maersk Intrepid rig
Business Developments & Projects

Maersk rig gets one more Martin Linge well

Equinor has exercised the option to add development drilling of one additional well at the Martin Linge field to the work scope of the Maersk Intrepid.

about 5 years ago
Siem Helix 1; Source: Wärtsilä
Business Developments & Projects

Wärtsilä to cut emissions, fuel consumption on two Siem vessels

The Finnish technology group Wärtsilä and vessel provider Siem Offshore have signed an optimised maintenance agreement to reduce the carbon footprint of two offshore well intervention vessels.

about 5 years ago
ROG yard; Source: ROG
Business Developments & Projects

Ship repair and vessel services firm ROG becomes independent

Dutch ship repair and vessel services specialist ROG has decided to become independent after acquiring a controlling stake from shipbuilder Royal IHC.

about 5 years ago
shore power
Business Developments & Projects

Yara Marine back in cold ironing business

Yara Marine Technologies, a Norwegian provider of exhaust gas cleaning systems, has decided to relaunch its shore power business amid increasing demand for onshore power supply systems.

about 5 years ago
Kongsberg to supply Novatek's ice class LNG carriers with deck machinery
Business Developments & Projects

Kongsberg tech picked for Novatek’s Arctic LNG tankers

Norwegian maritime technology group Kongsberg Maritime has been contracted by Novatek to deliver deck machinery for six ice class LNG carriers.

about 5 years ago