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Business Developments & Projects

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Arcadis Ost 1 offshore substation starts taking shape
Business Developments & Projects

Arcadis Ost 1 offshore substation starts taking shape

Construction of the upper part of the Arcadis Ost 1 offshore substation has now begun at the former Lenin Shipyard in Gdansk, Poland, Elia Group said. Elia’s German subsidiary 50Hertz is working with the Belgian offshore wind developer, Parkwind, to more efficiently connect the new Baltic wind farm,

about 6 years ago
Equinor
Business Developments & Projects

Equinor sees red as low oil price and Covid-19 halve 2Q revenues

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Equinor sank to the red in the second quarter of the year as its revenues were halved amid Covid-19 pandemic and low oil prices.

about 6 years ago
An aerial Siemens Gamesa offshore wind turbine installed at sea
Business Developments & Projects

COVID-19 impacts offshore wind players’ balance sheets, but not build-out and expansion plans

With financial results for the second quarter and the first half of the year now being presented, the status of the offshore wind sector in relation to the impact of the global COVID-19 crisis is becoming more prominent and, once again, it shows that the companies are both shaken and unshaken by it,

about 6 years ago
PKN Orlen hands in environmental report for offshore wind project
Business Developments & Projects

PKN Orlen hands in environmental report for offshore wind project

Polish energy company PKN Orlen has submitted an environmental report for its offshore wind project in the Baltic Sea. PKN Orlen, through its subsidiary Baltic Power, holds a license to build wind farms in the Polish Baltic Sea with a maximum total capacity of up to 1,200 MW. The proposed area cover

about 6 years ago
Repsol
Business Developments & Projects

Repsol swings to loss as asset impairments bite

Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment.

about 6 years ago
Shell and Iberdrola bid for large-scale floating wind farms offshore Scotland
Business Developments & Projects

Iberdrola close to selecting main contractors for German offshore wind projects

Spanish energy company Iberdrola is finalizing the selection of the main contractors for the Baltic Eagle and Wikinger Süd offshore wind projects in the German Baltic Sea. The 476 MW Baltic Eagle and the 10 MW Wikinger Süd were selected in the second public tender organised by Germany’s Federal Netw

about 6 years ago
unmanned
Business Developments & Projects

Italy supports new unmanned ship development project

Italy’s Regione Puglia has approved the Integrated Marine Remote Environmental Monitoring (MARIN) project with a total investment of about €6 million over three years.

about 6 years ago
Pioneering Spirit moving in around the Brent Alpha platform during removal process
Business Developments & Projects

Shell gets green light for Brent Alpha jacket decommissioning plan

UK authorities have approved Shell’s decommissioning plan for the Brent Alpha jacket, located in the UK sector of the North Sea.

about 6 years ago
inland
Business Developments & Projects

HHLA, Port of Braunschweig partner up on eco-friendly inland waterway shipping

Last week, HHLA and Hafenbetriebsgesellschaft Braunschweig mbH signed a strategic partnership agreement to promote environmentally friendly transport between Hamburg and the inland port in Lower Saxony.

about 6 years ago
Gjøa platform
Business Developments & Projects

Watch Neptune install subsea equipment for two North Sea projects

Neptune Energy has successfully installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea.

about 6 years ago
Gaz-System starts FSRU terminal market interest
Business Developments & Projects

Gaz-System starts FSRU terminal market interest

Polish gas grid operator Gaz-System has launched a non-binding Market Screening for new transmission capacities as well as new regasification capacities of planned FSRU LNG terminal.

about 6 years ago
Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects
Business Developments & Projects

Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.

about 6 years ago
Draugen platform
Business Developments & Projects

OKEA restarts Draugen after nearly a month-long turnaround

Oil and gas company OKEA has successfully completed a turnaround on its operated Draugen platform located offshore Norway.

about 6 years ago
Naturgy's H1 earnings slip
Business Developments & Projects

Naturgy’s H1 earnings slip

Spain’s Naturgy reported a 30.3 per cent slip in its net income for the first six months of 2020 under the impact of COVID-19.

about 6 years ago