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Business Developments & Projects

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Third WindFloat Atlantic turbine being towed to site
Business Developments & Projects

Final WindFloat Atlantic turbine ready to go home

The last of the three floating wind turbines for the WindFloat Atlantic project will soon set sail from Spain to its designated location off Portugal. Tractebel Engie reported on 17 May that it fully assembled the third WindFloat Atlantic platform in the port of Ferrol. The turbine should start its

about 6 years ago
PD&MS’ support work on Spirit Energy's decom ops in Morecambe Bay in 2018 Source: PD&MS
Business Developments & Projects

PD&MS wins modifications job on Spirit Energy’s facilities

UK engineering company PD&MS Group has been awarded a new three-year contract with options for a further three-year extension with Spirit Energy.

about 6 years ago
containerships
Business Developments & Projects

European shipowners: Investments in making fleet greener will no longer be possible after COVID-19

Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.

about 6 years ago
A photo of an offshore wind farm on a calm day at sea
Business Developments & Projects

Romania: Hidroelectrica reveals 300–500 MW offshore wind farm plan

Romania’s power producer Hidroelectrica has outlined plans for what could be the country’s first offshore wind farm, and the first project of its kind to be installed in the Black Sea. The offshore wind farm, planned to be built by 2026, will have a capacity of between 300 MW and 500 MW, subject to

about 6 years ago
Neptune's Gjøa platform in Norway
Business Developments & Projects

Neptune abandons plan to buy Edison’s UK and Norway assets from Energean

Energean has agreed with Neptune Energy to terminate the agreement for Neptune Energy to acquire Edison E&P’s UK and Norwegian subsidiaries from Energean.

about 6 years ago
Port of Ust-Luga
Business Developments & Projects

Gazprom working on Ust-Luga LNG finacing

Russian gas giant Gazprom is working to attract investors to fund its large liquefied natural gas export project in the Baltic port of Ust-Luga. Gazprom said in a statement that it was working to attract project financing from Russian and international credit institutions. Gazprom and RusGazDobycha

about 6 years ago
Maersk Inspirer; Source: Maersk Drilling
Business Developments & Projects

Repsol gets green light for use of Maersk Inspirer rig on Yme

Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Maersk Inspirer jack-up rig on the Yme field offshore Norway.

about 6 years ago
Siemens Gamesa signs Hornsea Two bank guarantee line
Business Developments & Projects

Siemens Gamesa signs Hornsea Two bank guarantee line

Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas

about 6 years ago
Finnish duo to study carbon-neutral biogas production
Business Developments & Projects

Finnish duo to study carbon-neutral biogas production

The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.

about 6 years ago
Total logo
Business Developments & Projects

Total buys EDP’s assets in Spain

French energy company and LNG player Total has agreed to buy some power and gas assets in Spain from Portugal’s EDP. The deal includes 2.5 million B2C customers and two gas-fired combined cycle power plants, which represent an electricity generation capacity of nearly 850 megawatts, Total said on Mo

about 6 years ago
Equinor bites dust in North Sea well
Business Developments & Projects

Equinor bites dust in North Sea well

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

about 6 years ago
Petrofac
Business Developments & Projects

Petrofac reveals fresh cost-cutting plans

In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.

about 6 years ago
West Mira rig ready for Wintershall Dea’s Vega field
Business Developments & Projects

West Mira rig ready for Wintershall Dea’s Vega field

Oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Vega field using the West Mira drilling rig.

about 6 years ago
Hapag-Lloyd
Business Developments & Projects

Higher bunker costs hurt Hapag-Lloyd’s earnings

German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings.

about 6 years ago
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