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Business Developments & Projects

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Hellenic Cables wins largest-ever inter-array contract
Business Developments & Projects

Hellenic Cables wins largest-ever inter-array contract

Hellenic Cables has secured a contract with DEME Offshore to supply the inter-array cables and accessories for the Dogger Bank offshore wind farm in the UK. Hellenic Cables will design, manufacture, test and supply approximately 650 km of 66 kV XLPE-insulated inter-array cables and associated access

about 6 years ago
ConocoPhillips' Torr II project in the North Sea
Business Developments & Projects

ConocoPhillips gets start-up consent for North Sea redevelopment

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Oil major ConocoPhillips has secured consent to start up the Tor II field facilities located in the North Sea offshore Norway.

about 6 years ago
Fécamp-Offshore-Substation-Under-Construction
Business Developments & Projects

Fécamp offshore substation under construction

Atlantique Offshore Energy has kicked off the construction of the offshore substation for the Fécamp offshore wind project in France. The first steel for the electrical substation was cut on 30 September at Chantiers de l’Atlantique’s shipyard in Saint-Nazaire. The company is constructing the substa

about 6 years ago
West Hercules rig - Equinor
Business Developments & Projects

Equinor gearing up to drill North Sea wells

Equinor has received consent from the country’s offshore safety regulator for exploration drilling in the North Sea using the West Hercules rig.

about 6 years ago
Seven Phoenix
Business Developments & Projects

Seaway 7 converting Seven Phoenix for cable lay ops

Subsea 7’s renewables and heavy lifting business Seaway 7 is strengthening its fleet with a second cable lay vessel. Specifically, Seaway 7 said it will convert the Seven Phoenix to become a dedicated inner-array grid and export cable installation and trenching support vessel. The Seven Phoenix is 1

about 6 years ago
Johan Sverdrup field
Business Developments & Projects

Equinor’s giant offshore field hit by strike action following wage talks fail

The strike affects one of the largest Norwegian offshore fields – the Johan Sverdrup – which is operated by Equinor.

about 6 years ago
Atlantis tidal turbine illustration
Business Developments & Projects

Atlantis slashes losses; Meygen clocks in 33GWh

UK-based Simec Atlantis Energy has seen its loss cut almost by half for the six months ended 30 June 2020. The company booked overall loss before tax of £6.1 million against the loss of £11.8 million same time last year. This improvement is largely attributable to strong revenue contributions genera

about 6 years ago
Shell CEO Ben Van Beurden
Business Developments & Projects

Shell plans to cut up to 9,000 jobs

Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022.

about 6 years ago
10+ MW floating wind turbine project kicks off
Business Developments & Projects

10+ MW floating wind turbine project kicks off

The Iberdrola-led international consortium has launched the FLAGSHIP project to develop and fabricate the first 10+ MW floating offshore wind turbine. The turbine will be supported by a floating semi‐submersible concrete structure based on Olav Olsen’s OO-Star Wind Floater concept. The prototype is

about 6 years ago
bulk carrier
Business Developments & Projects

Scorpio sells non-scrubber-fitted bulker as it pursues offshore wind-focused strategy

Monaco-based ship owner and operator Scorpio Bulkers is selling one of its non-scrubber-fitted bulkers, representing a first step in the company’s recently unveiled strategy focused on the offshore wind sector.

about 6 years ago
SeaBird vessel
Business Developments & Projects

SeaBird eyes renewables; South America project canned

Seismic player SeaBird Exploration said that its source contract announced on 20 April 2020 has been terminated by the charterer. Namely, the Oslo-listed SeaBird secured a letter of award in April for a project in South America. The contract should have taken place in the third quarter of this year,

about 6 years ago
Pipe sections in Kotka, Findland
Business Developments & Projects

Rystad expects swift recovery in offshore oil and gas pipeline market led by Middle East

This downturn’s impact on offshore pipeline demand is lighter than that of 2016 and recovery is likely to be swift, led by projects in the Middle East, Rystad said on Monday.

about 6 years ago
Oct 2014 Hartlepool 0 Loadout of the Conoco Phillips Eldfisk cable onto the DeepOcean ship Havila Phoenix at JDR Cables Hartlepool
Business Developments & Projects

JDR lands Azerbaijan deal

Subsea cabling specialist JDR has won a contract to supply a 5.5-kilometre 33kV fiber optic power cable and a steel tube subsea isolation valve (SSIV) umbilical for a BP platform project offshore Azerbaijan. The cable will connect an existing platform to the new platform to provide power share as we

about 6 years ago
The Edvard Grieg platform in the North Sea. Source: Lundin
Business Developments & Projects

Lundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent

Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023.

about 6 years ago