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Business Developments & Projects

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Hoegh logo
Business Developments & Projects

Hoegh applies for Cyprus LNG import licence

Norway’s Hoegh LNG said Wednesday that its unit has applied for a liquefied natural gas infrastructure ownership, operations and development license in Cyprus. Cyprus is pushing forward to diversify its energy mix to reach new emission targets for the country’s power production. The country plans to

about 6 years ago
Ten tech developers win Ocean DEMO prize
Business Developments & Projects

Ten tech developers win Ocean DEMO prize

The EU-funded Ocean DEMO project has awarded recommendations for support to ten offshore renewable energy developers under its 2nd call. The awards will support developers on their path to commercialisation and ease the transition of ocean energy towards multi-device farms by providing free access t

about 6 years ago
Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market
Business Developments & Projects

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the combined impacts of the COVID-19 pandemic and oil price volatility.

about 6 years ago
Zeebrugge LNG terminal
Business Developments & Projects

Fluxys reports record Zeebrugge LNG ship ops

Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly number of ve

about 6 years ago
Map showing sea borders of Inis Ealga floating wind project
Business Developments & Projects

DP Energy eyes 700+ MW floating wind farm in Ireland

DP Energy has submitted a Foreshore Site Investigation Application to Ireland’s Department of Housing, Planning and Local Government (DHPLG) for a potential 700+ MW floating wind project off the south coast of Ireland.

about 6 years ago
Liz Burdock Business Network for Offshore Wind USA
Business Developments & Projects

Offshore Wind Conference: New Markets for Offshore Wind

The offshore wind industry is expected to grow to 120 GW total installed capacity by 2030. Much of this growth will take place in Europe but there will also be a considerable increase in capacity in North America and Asia. This session takes a closer look at growth markets and newcomers and the busi

about 6 years ago
Map image showing location of Hornsea Two offshore wind farm
Business Developments & Projects

Trelleborg to provide Hornsea Two cable protection

Ørsted has signed a contract with Trelleborg for the provision of four integrated cable protection systems for the 1.4GW Hornsea Two offshore wind farm.

about 6 years ago
EnQuest cleared to decommission Alma and Galia FPSO
Business Developments & Projects

EnQuest cleared to decommission Alma and Galia FPSO

UK oil and gas company EnQuest has received approval from the UK authorities for its decommissioning plan for the FPSO working on the Alma and Galia fields off the UK as well as associated subsea installations and pipelines.

about 6 years ago
Image showing OO Star Wind Floater
Business Developments & Projects

Iberdrola ramps up floating wind game

Iberdrola will lead an international consortium aiming to install a floating wind turbine of more than 10MW in Norway and will soon join another floating wind demonstration project in Spain.

about 6 years ago
Siccar Point delays sanction date for Cambo project due to coronavirus
Business Developments & Projects

Siccar Point delays sanction date for Cambo project due to coronavirus

Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.

about 6 years ago
Johan Sverdrup field to reach plateau production earlier than expected
Business Developments & Projects

Johan Sverdrup field to reach plateau production earlier than expected

The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production for the first phase in early May, earlier than anticipated.

about 6 years ago
FSG delivers eighth RoRo newbuild to Siem
Business Developments & Projects

FSG delivers eighth RoRo newbuild to Siem

FSG has delivered another 32,336 GT roll-on/roll-off (RoRo) ferry to Siem Europe.

about 6 years ago
Spirit Energy boosts output at two North Sea fields
Business Developments & Projects

Spirit Energy boosts output at two North Sea fields

Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted production from two North Sea fields.

about 6 years ago
BP charters Foinaven FPSO for up to ten years
Business Developments & Projects

BP charters Foinaven FPSO for up to ten years

Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a new bareboat charter contract with the Foinaven operator, a subsidiary of BP, for the Petrojarl Foinaven FPSO.

about 6 years ago
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