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Business Developments & Projects

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Fossil EnergyGreen MarineOil & GasShipbuildingBusiness & FinanceInfrastructureProject & TendersVesselsRigsTechnologyClean FuelLNGOperations & MaintenanceElectricPropulsionCollaborationInnovationOutlook & StrategyTransitionExploration & ProductionMarket OutlooksOffshore WindWind FarmsVisionAuthorities & GovernmentRegulation & PolicyFoundationsGridTurbinesDecommissioningSubseaEnvironment
Artist render of the newbuild; Source: Wagenborg
Business Developments & Projects

Companies team up to build world’s first shallow draft ice-breaking W2W vessel

Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel.

about 6 years ago
COSL Pioneer; Source: COSL Drilling Europe
Business Developments & Projects

COSL, Equinor ink new master framework agreement

COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.

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about 6 years ago
Aker BP's Valhall field; Source: Aker BP
Business Developments & Projects

Aker BP looking to decrease carbon footprint with new tech deal

Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts.

about 6 years ago
Gunvor trading volumes pushed by LNG
Business Developments & Projects

Gunvor trading volumes pushed by LNG

Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.

about 6 years ago
ZES
Business Developments & Projects

ZES partners develop emission-free barge concept

2 June 2020 saw the launch of Zero Emission Services B.V. (ZES), a new company that helps increase the sustainability of the inland shipping sector by leasing exchangeable battery containers — known as ZES-Packs — to businesses in inland shipping.

about 6 years ago
FPSO Ichthys Venturer moored
Business Developments & Projects

More oil and gas assets up for grabs due to Covid-19, Rystad says

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.

about 6 years ago
An image showing a wind turbine nacelle with Greenalia logo
Business Developments & Projects

Gran Canaria floating wind farm plans put into motion

Spanish independent power producer focused on renewable energy, Greenalia, has submitted a planning application for what could be the first floating offshore wind farm off the island of Gran Canaria. The company filed its project and environmental documentation for a 50 MW project, named Parque Eóli

about 6 years ago
Dunkirk LNG terminal
Business Developments & Projects

France’s Dunkirk LNG launches truck loading facility

France’s Dunkirk liquefied natural gas import terminal is now offering truck loading services following the start of operations at its newly built loading bay. The LNG truck loading bay entered into service on June 1 and offers a loading capacity of 3,000 slots per year. Dunkerque LNG, which operate

about 6 years ago
Source: Cyberhawk
Business Developments & Projects

Drones flying off into brighter offshore future

With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.

about 6 years ago
Safe Notos
Business Developments & Projects

Prosafe gets relief from lenders while working on long-term plan

Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution.

about 6 years ago
EU
Business Developments & Projects

EU approves Finnish aid scheme to support maritime firms hit by coronavirus

The European Commission has approved a €600 million (about $671 million) Finnish guarantee scheme to support the maritime companies in the context of the coronavirus outbreak.

about 6 years ago
Kjetil Ramstad; Source: Solstad Offshore
Business Developments & Projects

Solstad Offshore promotes finance director to CFO role

Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).

about 6 years ago
Following the launch of the Fécamp offshore wind project, EDF Renewables, Enbridge, and wpd have revealed the Tier 1 suppliers for the 500 MW French offshore wind farm.
Business Developments & Projects

Fécamp Tier 1 team revealed

Following the launch of the Fécamp offshore wind project, EDF Renewables, Enbridge, and wpd have revealed the Tier 1 suppliers for the 500 MW French offshore wind farm. Siemens Gamesa will provide 71 SWT-7.0-154 offshore wind turbines, each with a capacity of 7 MW. The contract also includes a 15-ye

about 6 years ago
Cavendish platform; Source: Ineos
Business Developments & Projects

Green light to Ineos for Cavendish field decommissioning plan

UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pipelines located in the UK southern North Sea.

about 6 years ago