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Business Developments & Projects

OMV Petrom snatches fresh Black Sea block

Romanian oil and gas company OMV Petrom is the winning bidder for an oil and gas exploration block located in the Black Sea, offshore Georgia.

about 6 years ago

Business Developments & Projects

Minesto gears for Faroe Islands demo launch

Minesto and its partner, electric utility SEV, are progressing their joint tidal energy demonstration project in Vestmannasund, Faroe Islands. With Minesto staff and hardware at the site, the installation work is at full speed to connect Minesto’s DG100 kite system to the Faroe Islands electricity g

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about 6 years ago

Business Developments & Projects

Rever Offshore wraps up Total IRM work

Rever Offshore has completed a two-phase contract with energy major Total E&P UK. Beginning in late March, Rever Offshore undertook an onshore project management and engineering campaign, accompanied by an initial 41-day offshore operation and subsequent 10 day campaign, to conduct essential inspect

about 6 years ago

Business Developments & Projects

Ports of Bremen: Senate decides to provide shore power for shipping

Earlier this month, the Senate of Bremen resolved to create comprehensive additional shore power supply facilities at the ports of Bremen.

about 6 years ago

Business Developments & Projects

Transborders, SBM ink FLNG pact

Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects. The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company

about 6 years ago

Business Developments & Projects

Subsea hydrogen storage concept for CO2-free energy production

As the world looks to reach a cleaner future and stop relying on fossil fuels, we will need to replace this with other significant energy sources. Wind, sun and marine renewable energy, such as wave and tidal might help us reach this goal, but we will also have to take into account other building bl

about 6 years ago

Business Developments & Projects

Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says

Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.

about 6 years ago

Business Developments & Projects

RVO teases IJmuiden Ver ground model tender

The Netherlands Enterprise Agency (RVO) plans to issue a tender for the development of an integrated ground model for the 4 GW IJmuiden Ver wind farm zone in July. This integrated ground model should be of sufficient accuracy to allow (preliminary) foundation design, RVO said. The deliverables of th

about 6 years ago

Business Developments & Projects

Power from shore for nearly half of Norwegian oil and gas production

Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.

about 6 years ago

Business Developments & Projects

Repsol gets consent to extend North Sea field life

Repsol has been granted consent by the Norwegian offshore safety authority for the life extension of the Rev field, which is located offshore Norway.

about 6 years ago

Business Developments & Projects

Gazprom starts building ice-resistant platform for extreme conditions of Arctic field

Gazprom has started construction of an ice-resistant platform for its field located in extreme ice and climate conditions of the Arctic shelf.

about 6 years ago

Business Developments & Projects

North Sea Link passes halfway line in Norway

Construction of the longest subsea power cable in the world has now passed the halfway point. The North Sea Link, a joint venture project between National Grid and Norwegian system operator Statnett, is a subsea electricity cable that will connect the UK and Norwegian electricity grids. Prior to cab

about 6 years ago

Alfa Laval, a heat transfer, centrifugal separation, and fluid handling specialist has teamed up with the Swiss engine developer WinGD.

Business Developments & Projects

Alfa Laval teams up with WinGD on gas engines

Alfa Laval, a heat transfer, centrifugal separation, and fluid handling specialist has teamed up with the Swiss engine developer WinGD.

about 6 years ago

Business Developments & Projects

Ocean DEMO sets up virtual workshop

The Ocean DEMO project recently opened its third call for application and will hold a virtual user workshop on 30 June. The workshop will present the application system as well as the available support packages. It will also highlight common themes and challenges that technology developers address d

about 6 years ago