Business Developments & Projects

Hyoffwind partners to build green hydrogen production facility in Zeebrugge
Hyoffwind has signed an agreement with John Cockerill and BESIX to build a green hydrogen production unit in the Belgian port of Zeebrugge.

Fugro to investigate Hornsea Three and Four offshore wind sites
Fugro has won a contract by Ørsted to carry out geotechnical site investigations at the Hornsea Three and Hornsea Four offshore wind projects in the UK. The site investigations will include downhole cone penetration testing (CPT), seismic cone penetration testing (SCPT), downhole sampling and high-q

Ocean Oasis to test floating wave-powered desalination plant off Canary Islands
Norwegian company Ocean Oasis has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its wave energy-powered desalination plant.

Regulator clears CGG’s Sauropod 3D seismic survey plan
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved CGG Services Australia’s (CGG’s) proposal to undertake the Sauropod 3D marine seismic survey.

Repsol to provide LNG to Venture Global’s Plaquemines LNG
Spanish oil and gas company Repsol will provide LNG to U.S. project developer Venture Global for its Louisiana-based Plaquemines LNG export project.

MOL orders two super eco ferries
Japanese shipping company Mitsui O.S.K. Lines (MOL) and its group company MOL Ferry have ordered two liquefied natural gas- (LNG) fueled, wind power-ready ferries.

Reach Subsea gets OBN call from the Mediterranean Sea
Reach Subsea has won a contract to perform an ocean bottom node (OBN) campaign in the Mediterranean Sea for an undisclosed client. The activities will be performed by the Havila Subsea spread, with start-up expected early in Q2 2022, representing around 130 project days. Reach Subsea extended the co

Record green hydrogen investment made for Hy2gen
Technip Energies, Hy24, Mirova, and CDPQ have jointly made a record €200 million investment in Germany-based green hydrogen production company Hy2gen.

Johan Castberg FPSO finally sets off to Norway – gallery
Singapore’s Sembcorp Marine has completed the Johan Castberg FPSO hull for Equinor and the vessel is now on its way to Norway.

New deal with higher day rate signals market improvement to GMS
GMS has inked a new contract for one of its vessels with an increased day rate, fuelling expectations of even higher rates in the future.

MSC: New alliance is a major step forward for shipping’s digitalization
As a founding member of the Digital Container Shipping Association (DCSA), Swiss container shipping giant Mediterranean Shipping Company (MSC) has welcomed the creation of the Future International Trade (FIT) Alliance, bringing together five leading industry associations in a commitment to standardi

Borr Drilling believes rig day rates will increase
Borr Drilling has converted several LOAs into contracts, secured a couple of new deals, and postponed delivery dates for five newbuilds.

New oil discovery in Gulf of Suez is one of area’s largest in 20 years
Dubai’s oil and gas company Dragon Oil has made its first oil discovery in the Gulf of Suez, considered the largest in the last 20 years.

Maersk Supply Service on station-keeping duty for Shell Brasil
Shell Brasil has awarded Maersk Supply Service with a contract for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense. The scope includes responsibility for the station keeping, including vessels, heading control procedures, towmasters, survey equi