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Business Developments & Projects

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Fossil EnergyOil & GasBusiness & FinanceGridOffshore WindExploration & ProductionClean FuelLNGProject & TendersWind FarmsEnvironmentOperations & MaintenanceOutlook & StrategyRegulation & PolicyRigsDeepwater InstallationSubseaVesselsInfrastructureGreen Marine
The Johan Sverdrup field in the North Sea.
Business Developments & Projects

Equinor divests Lundin shares after boosting exposure in Johan Sverdrup

Norwegian oil and gas company Equinor has divested its minority shareholding in Swedish oil and gas company Lundin Energy.

about 6 years ago
An image mapping the locations of Kriegers Flak Combined Grid Solution and connected offshore wind farms
Business Developments & Projects

Kriegers Flak Combined Grid Solution launch delayed

The launch of Kriegers Flak Combined Grid Solution (CGS) has been delayed until the end of August. Movement and travel restrictions currently in effect in Denmark, Sweden and Germany in response to the COVID-19 pandemic have affected the CGS commissioning procedures, according to Danish Energinet. “

about 6 years ago
Repsol
Business Developments & Projects

Red ink for Repsol amid sharp drop in oil and gas prices

Repsol posted a significant quarterly loss after being hit by volatility and decline in oil and gas prices, but it delivered an increased output during the period.

about 6 years ago
Goldboro LNG rendering
Business Developments & Projects

Pieridae, Uniper extend Goldboro LNG deadlines

Canada’s Pieridae Energy, the developer of the Golboro liquefied natural gas export project, has negotiated extensions of the key deadlines under its long-term deal with Germany’s Uniper. This development follows Pieridae’s announcement in April on postponing a final investment decision to build the

about 6 years ago
EIA-Consultation-Period-Opens-for-Danish-Nearshore-Wind-Farms
Business Developments & Projects

EIA consultation period opens for Danish nearshore wind farms

The Danish Energy Agency (DEA) has launched the public consultation period regarding the new environmental impact assessment (EIA) reports for the Vesterhav Syd and Vesterhav Nord nearshore wind farms. Interested parties are free to submit responses and comments on the new environmental impact repor

about 6 years ago
TechnipFMC
Business Developments & Projects

Report: Russia’s A-Property contracts TechnipFMC to design $10 bln LNG plant

A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported

about 6 years ago
AW169 helicopter; Source: NHV
Business Developments & Projects

Spirit Energy picks NHV for transfer services in East Irish Sea

Helicopter operator NHV Group has won a new long-term contract with Spirit Energy to provide passenger transfer services in support of their East Irish Sea operations.

about 6 years ago
Culzean field
Business Developments & Projects

Total’s profit slips as oil prices tumble

Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

about 6 years ago
Norwegians call for licensing of two 500 MW floating wind projects in 2020
Business Developments & Projects

Norwegians call for licensing of two 500 MW floating wind projects in 2020

Several Norwegian ocean stakeholders have asked their country’s government to start the announcement of two full-scale floating offshore wind farms with the aim of granting licenses during 2020. In a letter sent to leading Norwegian politicians, the stakeholders said that the government should clari

about 6 years ago
WilPhoenix
Business Developments & Projects

Petrofac puts Awilco rig on standby rate

Petrofac has postponed the beginning of the plug & abandonment program on Rubie and Renee fields in the UK North Sea. As a result, Awilco Drilling’s rig has been put on standby.

about 6 years ago
East-Anglia-One-Hornsea-One-Pass-CfD-Threshold
Business Developments & Projects

East Anglia One, Hornsea One offshore wind projects start getting phase 2 CfD payments

The second phases of the East Anglia One and Hornsea One offshore wind projects in the UK have begun receiving payments under their Contracts for Difference (CfDs). This means that 285 MW from East Anglia One and 400 MW from Hornsea One have passed their Operational Conditions Precedent (OCPs) and a

about 6 years ago
Nova subsea installation
Business Developments & Projects

Wintershall Dea begins Nova subsea campaign

Wintershall Dea has installed two manifolds in the templates on the seabed of its Nova field project located offshore Norway.

about 6 years ago
Normand Supra under its former Sea Supra name; Source: Ulstein
Business Developments & Projects

Solstad Offshore finds work for six vessels

Norwegian vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels with undisclosed clients.

about 6 years ago
d'Amico
Business Developments & Projects

d’Amico, Glencore JV offloads MR tanker

d’Amico International Shipping S.A. (DIS) said that its joint venture with Glencore Group has decided to sell a medium range (MR) tanker.

about 6 years ago
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