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Business Developments & Projects

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Floating SolarMarine EnergyInnovationMarket OutlooksResearch & DevelopmentTechnologyTransitionFossil EnergyOil & GasInfrastructureIT & SoftwareBusiness & FinanceAlternative FuelsRigsClean FuelGreen MarineLNGSubseaVesselsExploration & ProductionOffshore WindWind FarmsEnergy Efficiency & InnovationCollaborationDecommissioningOperations & Maintenance
Saipem and Equinor offshore floating solar project
Business Developments & Projects

Floating solar takes on high seas

Offshore solar energy systems are an emerging application in which photovoltaic (PV) systems are installed directly over bodies of water. Floating solar photovoltaic is a subset of that technology in which PV panels are mounted on buoyant substructures. PV panel technology is similar to traditional

about 6 years ago
Apache-operated Beryl Alpha platform; Source: EnerMech
Business Developments & Projects

Apache cuts down on offshore inspection hours through digitalisation

Oil and gas company Apache has implemented digital inspection technology to reduce offshore inspection hours on its Beryl Alpha Platform.

about 6 years ago
Andrew platform, one of the assets included in the deal with Premier; Source: BP
Business Developments & Projects

Premier agrees discount in buying BP’s North Sea assets

Oil and gas company Premier Oil has agreed revised terms for the acquisitions of the Andrew Area and Shearwater assets from British oil major BP.

about 6 years ago
EMEC aids POM West Flanders’ Blue Accelerator development
Business Developments & Projects

EMEC aids POM West Flanders’ Blue Accelerator development

European Marine Energy Centre (EMEC) has been selected by POM West Flanders to aid the development of the ‘Blue Accelerator’ test platform into an international hub for blue growth. Blue Accelerator is a maritime innovation and development platform, located approximately 500 meters from the eastern

about 6 years ago
A Borr jack-up rig
Business Developments & Projects

Borr delays deliveries of five jack-up rigs as part of financial restructuring

Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.

about 6 years ago
Eni logo
Business Developments & Projects

Eni in major overhaul as it shifts toward renewable energy

Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En

about 6 years ago
LNG carrier Lena River
Business Developments & Projects

Dynagas LNG profit climbs

Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its first-quarter profit boosted by higher voyage revenues. Net income for the three months ended March 31 increased to $7 million as compared to $1.9 million in the same period in 2019. Dynagas LNG attr

about 6 years ago
Viking Lady
Business Developments & Projects

Eidesvik secures more vessel work with Aker BP

Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP.

about 6 years ago
Shell
Business Developments & Projects

Shell and Cluff ‘remain committed’ to two UK wells but one well delayed

Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.

about 6 years ago
Vattenfall greenlights Hollandse Kust Zuid 1-4
Business Developments & Projects

Vattenfall greenlights Hollandse Kust Zuid 1-4

Vattenfall has made the final investment decision for the zero-subsidy Hollandse Kust Zuid 1-4 wind farm project in the Dutch North Sea. The 1.5 GW Hollandse Kust Zuid will be the largest offshore wind farm in the Netherlands and in the world once operational in 2023. Vattenfall was awarded the cont

about 6 years ago
Swinoujscie LNG terminal
Business Developments & Projects

Poland’s PGNiG profit hit by impairments

Poland’s dominant gas firm and LNG importer PGNiG reported a 29 per cent lower net profit in the first quarter, hit by impairments. Quarterly net profit stood at 779 million Zlotys ($196m) when compared to 1.1 billion Zlotys in the January-March period last year. Revenue also declined 4 per cent yea

about 6 years ago
MOU
Business Developments & Projects

DNV GL, ABB team up to advance maritime digitalisation

Classification society DNV GL and technology company ABB have signed a new memorandum of understanding (MOU) to accelerate digitalisation in the maritime industry.

about 6 years ago
Gyda platform;
Business Developments & Projects

Archer picked as sole provider of downhole services on Gyda P&A campaign

Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway.

about 6 years ago
Renewi, Nordsol, Shell partner up on bio-LNG
Business Developments & Projects

Renewi, Nordsol, Shell partner up on bio-LNG

Renewi, Nordsol and Shell have formed a partnership to jointly produce bio-LNG.

about 6 years ago
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