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Business Developments & Projects

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Business Developments & Projects

Saga Pure takes stake in blue ammonia company

Norwegian company Saga Pure, formerly known as Saga Tankers, has committed to subscribe for NOK 35 million ($4 million) in a private placement of new shares in Horisont Energi AS.

about 5 years ago
Source: Nord Stream 2 AG
Business Developments & Projects

UPDATE: Gazprom completes Nord Stream 2 pipe-laying off Germany

The Russian pipe-laying vessel Fortuna has completed the 2.6-kilometre pipeline stretch of the Nord Stream 2 gas pipeline offshore Germany.

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about 5 years ago
An image rendering the PivotBuoy turbine at sea
Business Developments & Projects

PivotBuoy gets boost from European Innovation Council Accelerator

X1 Wind, which leads the PivotBuoy floating wind platform project in Spain, has been selected in the last round of funding in the pilot phase of the European Innovation Council (EIC) Accelerator. The company has been chosen for funding support together with 37 European start-ups and SMEs to receive

about 5 years ago
Lifting of the final jacket before installation at the Moray East site
Business Developments & Projects

All Moray East OWF jacket foundations installed

The 103rd and final jacket foundation has been installed at the Moray East offshore wind farm site in Scotland. The Seajacks Scylla jack-up vessel installed the first three-legged jacket in July. The wind farm’s three offshore transformer modules (OTMs), together with their three jacket foundations,

about 5 years ago
A photo of a common dolphin dwarfed by a ship in the NE Atlantic (Courtesy of Plocan/©Pauhla McGran)
Business Developments & Projects

Plocan tackles underwater noise from shipping

The Oceanic Platform of the Canary Islands (Plocan) has joined the EU-backed SATURN project, which is focused on the reduction and mitigation of underwater noise from shipping that threatens marine life.

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

Talon adds three offshore licenses to UK portfolio

Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS).

about 5 years ago
Map showing borehole survey locations at Neart na Gaoithe site
Business Developments & Projects

Borehole surveys at Neart na Gaoithe completed

The geotechnical borehole survey campaign at the Neart na Gaoithe offshore wind farm site has been completed. According to the project’s Notice to Mariners from 26 December, the Ocean Vantage vessel, which has been deployed for the work, has been demobilised. As reported earlier this year, the boreh

about 5 years ago
Source: Jumbo
Business Developments & Projects

Jumbo installs Karish FPSO mooring system

Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel.

about 5 years ago
Nord Stream 2 AG
Business Developments & Projects

U.S. preparing fresh sanctions to halt Russia’s Nord Stream 2

The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work.

about 5 years ago
A Borr Drilling jack-up rig
Business Developments & Projects

Borr Drilling devises plan to strengthen financial footing

Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.

about 5 years ago
Maersk
Business Developments & Projects

A.P. Moller Holding invests millions in Green Hydrogen Systems

Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.

about 5 years ago
tanker
Business Developments & Projects

Aegean Shipping orders another eco-friendly Aframax

Greek shipping company Aegean Shipping Management has exercised an option to build its third Aframax tanker in China.

about 5 years ago
Spirit Energy
Business Developments & Projects

Spirit Energy may face penalty over discharges from North Sea platform

Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.

about 5 years ago
A photo showing the interconnection of Crete with Peloponnese (Courtesy of ADMIE)
Business Developments & Projects

Crete interconnector gets electrified

Independent Power Transmission Operator (IPTO), an ADMIE company, has completed the 24-hour test of the electrification of the submarine cable that connects Crete with the Greek mainland system.

about 5 years ago