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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Stena Bulk to start offering low-carbon shipping options

Following up on the successful biofuel trial in April, Stena Bulk is to introduce low-carbon shipping options for its clients.

about 6 years ago

Business Developments & Projects

Spirit Energy preparing for North Sea wildcat

The Norwegian Petroleum Directorate has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway.

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about 6 years ago

Location of the new wind areas in the North and Baltic Seas

Business Developments & Projects

Ramboll bags contracts for German N-3, O-1 offshore wind farm areas

Ramboll will provide geological modelling and reporting for N-3 and O-1 offshore wind areas in the German sectors of the North and Baltic Seas, respectively. The total value of the contracts for the two areas is around EUR 514,000. The work will be done as part of the geological preliminary investi

about 6 years ago

Business Developments & Projects

Denmark greenlights 5 GW energy islands, second 1 GW offshore wind farm

Denmark has given a go-ahead for the development of the energy islands, and the second of the three 1 GW offshore wind farms proposed in the Energy Agreement 2018. The 1 GW offshore wind project will be developed at the Hesselø zone in the Baltic Sea and is expected to be commissioned by 2027. The [

about 6 years ago

Cyberhawk drone; Source: Cyberhawk Shell

Business Developments & Projects

Cyberhawk inks five-year software deal with Shell. Becomes oil major’s global drone operator

A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.

about 6 years ago

Business Developments & Projects

New French and Japanese co-op targets floating wind projects

Japanese utility JERA, French state-owned investment company ADEME Investissement, and Ideol have teamed up to develop commercial-scale floating offshore wind projects. The parties agreed on the key terms for the establishment of an investment vehicle dedicated to the financing of the development ph

about 6 years ago

Business Developments & Projects

Polarcus restructures with 20% headcount reduction

Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented due to the COVID-19 pandemic and oil price volatility. The company has additionally streamlined and r

about 6 years ago

Business Developments & Projects

Seadrill shares start trading on OTC Markets following NYSE delisting

Seadrill has transitioned to quotation on OTC Capital Markets following its delisting from the NYSE with Oslo Stock Exchange now being its primary listing.

about 6 years ago

Business Developments & Projects

Port of Marseille Fos looking to become LNG bunkering hub

France’s Marseille Fos port is boosting the use of liquefied natural gas as fuel as it aims to position itself as an LNG bunkering hub for the Mediterranean. The port said in a statement it hosted another ship-to-ship LNG bunkering operation last week following the first such operation in early May.

about 6 years ago

Business Developments & Projects

Equinor gears up for pilot hole in North Sea

Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea using the Deepsea Atlantic rig.

about 6 years ago

Business Developments & Projects

Brittany Ferries cancels contract for LNG-powered ferry at FSG

French shipping company Brittany Ferries and compatriot semi-public company Somanor SAS have confirmed the termination of the construction contract for an LNG-powered ferry with Germany’s Flensburger Schiffbau-Gesellschaft (FSG) shipyard.

about 6 years ago

Business Developments & Projects

Infinity eyes international expansion

Engineering consultancy Infinity has announced Stephen Hamilton as regional director and green-light for the expansion of the business. Infinity has now entered London energy market, which will operate as a hub for engineering support to the international arena. This should also strengthen the Aberd

about 6 years ago

Business Developments & Projects

H2Tec supports hydrogen project in Orkney

Clean energy solutions provider, H2Tec has won a contract to perform key upgrades to the European Marine Energy Centre (EMEC)’s hydrogen production plant in Orkney. Logan Energy‘s subsidiary work is part of the €11.7 million project, Integrating Tidal Energy into the European Grid (ITEG). The projec

about 6 years ago

Energy Endeavor carrying Perenco Pickerill A topside; Source: Petrodec

Business Developments & Projects

Perenco advances Pickerill decommissioning with topsides removal

Decommissioning services specialist Petrodec has completed skidding operations for the topside removal of Perenco’s Pickerill A unmanned platform, located offshore the UK.

about 6 years ago