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Business Developments & Projects

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cyber security
Business Developments & Projects

Companies step up work on maritime cyber security

Following several cyber attacks that happened in the maritime sector this year, the issue of maritime cyber security is gaining prominence.

about 5 years ago
Courtesy of Gasum
Business Developments & Projects

Gasum opens new LNG, LBG filling station in Sweden

The Nordic energy company Gasum has opened its 14th LNG and LBG gas filling station for heavy-duty vehicles in Sweden, 27th such station in the Nordics.

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about 5 years ago
Ulrica Fearn, new CFO at Equinor
Business Developments & Projects

New CFO to join Equinor next year

Equinor has appointed Ulrica Fearn as its chief financial officer (CFO) and executive vice president, with effect from 16 June 2021.

about 5 years ago
Premier Oil - Chrysaor merger
Business Developments & Projects

New name revealed for Premier-Chrysaor combination

UK oil and gas company Premier Oil will be renamed Harbour Energy following the completion of its merger with Chrysaor expected by the end of 1Q 2021.

about 5 years ago
tanker
Business Developments & Projects

Maersk Tankers’ fleet sees 20 pct growth in 2020

Denmark-based tanker owner and operator Maersk Tankers has increased its managed fleet by more than 20% so far this year following the latest deal signed with Xihe Holdings (Xihe), the 60% holding company for Singapore’s tanker ship owner Xihe Group of Companies.

about 5 years ago
Aker Solutions will be working on the Johan Sverdrup field in the North Sea.
Business Developments & Projects

Aker Solutions gets another Johan Sverdrup job

Norwegian oil and gas company Equinor has awarded Aker Solutions a contract for the hook-up of the fifth platform on the Johan Sverdrup field off Norway.

about 5 years ago
Seadrill's West Hercules rig
Business Developments & Projects

Seadrill left vulnerable due to lack of new agreement with lenders

Forbearance agreements between Seadrill Limited and its creditors related to senior secured credit facility agreements and leasing arrangements have expired.

about 5 years ago
Northern Lights project - Equinor
Business Developments & Projects

Norway approves carbon transport and storage project

Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. The project will enable the shipping, reception, and sequestration of CO2 in geological strata in the Northern North Sea, a

about 5 years ago
Image of mWave under CFD simulations (Courtesy of HR Wallingford)
Business Developments & Projects

HR Wallingford delivers mWave CFD simulations

UK-based civil engineering and environmental hydraulics organisation HR Wallingford has conducted computational fluid dynamics (CFD) simulations which helped Bombora finalize the design of its mWave wave energy device.

about 5 years ago
NKT Science Based Target initiative
Business Developments & Projects

NKT sets net zero emissions goal

Cabling firm NKT has signed up for the Science Based Target initiative to become a net-zero emissions company. The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The

about 5 years ago
Heimdal field off Norway - Equinor
Business Developments & Projects

Safety audits reveal flaws in two-thirds of Equinor activities

Norway’s Equinor has to account for deficiencies that the country’s offshore safety authority has found on about two-thirds of its E&P activities.

about 5 years ago
Illustration; Courtesy of Burckhardt
Business Developments & Projects

Burckhardt secures shareholder agreement extension

Swiss LNG equipment company Burckhardt Compression has been able to negotiate an extension of its shareholder agreement for another five years.

about 5 years ago
WilPhoenix rig - Awilco Drilling
Business Developments & Projects

Serica suffers Rhum delays due to Awilco rig downtime and weather

Serica Energy has encountered difficulties while conducting a well intervention project on the Rhum field off the UK due to rig downtime and weather delays.

about 5 years ago
HelWin alpha and HelWin beta offshore converter platforms
Business Developments & Projects

TenneT chooses ZTT for two German offshore wind connections

TenneT has commissioned subsea cable manufacturer Zhongtian Technology Submarine Cable (ZTT) for two offshore wind connections in Germany. ZTT will deliver cable systems to link offshore wind farms to HelWin beta and DolWin kappa converter platforms in the North Sea, with the cable routes being five

about 5 years ago