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Business Developments & Projects

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A subsea cable being installed with a part of it visible above the sea surface

Business Developments & Projects

TenneT looking for cable fault location team

TenneT has invited tenders for services related to cable repair and maintenance in both Germany and the Netherlands, which include locating cable faults. The services will be delivered across several grid connections and interconnectors. The transmission system operator (TSO) is looking to conclude

about 6 years ago

Business Developments & Projects

PGNiG charters Knutsen duo to ferry U.S. LNG to Poland

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Polish Oil and Gas Company (PGNiG) has chartered two liquefied natural gas carriers from Knutsen OAS Shipping to transport U.S. LNG volumes to Poland.

about 6 years ago

Drilling rig at the Leningradskoye field; Source: Gazprom

Business Developments & Projects

Gazprom boasts ‘record-high’ gas inflow on Kara Sea shelf

Russian oil major Gazprom has reported ‘record high’ results following a test of the upper levels of an exploration well at the Leningradskoye field.

about 6 years ago

A photo of GEPS Techno's Wavegem platform (Courtesy of Jacques Vapillon/GEPS Techno)

Business Developments & Projects

Ocean DEMO picks 12 offshore renewable energy champions

The EU-funded Ocean DEMO project has awarded recommendations for support to 12 offshore renewable energy developers under its third call.

about 6 years ago

From left to right: Dr. Martin Brölsch, Max Feustel, Dr. David Baureis and Mirco Relling, at the signing of the debt refinancing

Business Developments & Projects

Global Tech I offshore wind farm refinances non-recourse debt

Global Tech I has refinanced its non-recourse debt, according to Green Giraffe, which acted as a financial advisor to Global Tech I and its sponsors. The refinancing, for which the transaction closed on 2 November, gathered a large sponsor group, led by SWM Stadtwerke München, Axpo Group and ENTEGA

about 6 years ago

Donald Trump (L) and Joe Biden (R) at the Presidential debate; Source: Biden's campaign website

Business Developments & Projects

Rystad: Biden win could benefit short-term oil demand, but Trump win could be the most bullish outcome

Energy intelligence firm Rystad Energy believes that if Trump should win it may make oil prices great again while Biden effect is more mixed.

about 6 years ago

Business Developments & Projects

IOG still on schedule for Core Project first gas in 3Q 2021

UK-based Independent Oil and Gas (IOG) is still on target to achieve first gas from Phase 1 of its Core Project in the UK Southern North Sea (SNS) in the third quarter of 2021.

about 6 years ago

Friday 5th February 2019, Aberdeen, Scotland. Attracting over 5,000 delegates and around 150 exhibitors, Subsea Expo is the worlds largest subsea exhibition and conference held in Aberdeen

Business Developments & Projects

Subsea Expo rescheduled due to Covid-19 restrictions

Subsea UK has decided to postpone its underwater engineering event Subsea Expo due to the current coronavirus-imposed restrictions. The industry body announced today that the three-day conference and exhibition, along with the annual Subsea Awards dinner, will now take place on 25-27 May 2021. Neil

about 6 years ago

The mock-up foundation for Hollandse Kust Zuid at Sif's Maasvlakte site

Business Developments & Projects

Vattenfall readying for HKZ construction with mock-up trials

Vattenfall has been using a mock-up foundation installed at Sif’s Maasvlakte site earlier this year to gain better insight in what awaits its teams once the Hollandse Kust Zuid foundation installation starts in the summer of 2021. The 140 monopile foundations at Hollandse Kust Zuid will not have tra

about 6 years ago

Business Developments & Projects

Dana adds more oil to Triton FPSO with new North Sea well

Dana Petroleum has started production from a new well on the Bittern field located offshore the UK. The well is tied back to Dana’s Triton FPSO.

about 6 years ago

Business Developments & Projects

Transocean books third quarter profit

Transocean booked a profit in the third quarter of 2020 backed by a gain on restructuring and retirement of debt, offset by a loss on disposal of assets.

about 6 years ago

Business Developments & Projects

ABB to provide icebreaking propulsion to fleet of newbuild LNG carriers

Finland-based technology company ABB has won a contract worth over $300 million from Daewoo Shipbuilding & Marine Engineering to supply a power and propulsion package for six new LNG transport vessels along the Northern Sea Route.

about 6 years ago

A photo of Vincenzo Michetti, Head of Upstream R&D at Eni (Courtesy of Ocean Energy Europe)

Business Developments & Projects

Eni joins Ocean Energy Europe as lead partner

Italian energy company Eni has joined the ocean energy industry body Ocean Energy Europe, taking up a seat on the board of directors as a lead partner.

about 6 years ago

Noble Hans Deul jack-up rig - Noble Corporation

Business Developments & Projects

Noble rig scoops North Sea deal with IOG

Independent Oil and Gas (IOG) has awarded a rig contract for its Core Project Phase 1 located in the UK North Sea to a Noble Corporation-owned jack-up rig.

about 6 years ago