Business Developments & Projects
HelioRec forms consortium to develop floating solar plant for aquaculture sector
French start-up HelioRec has formed consortium with +ATLANTIC CoLAB to develop a floating solar project for the aquaculture sector.
Stena rig bags new UK contract with TotalEnergies
Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.
Boskalis Subsea Services settles in Port of Sunderland
Aberdeen-headquartered Boskalis Subsea Services has opened a new regional project office at the Port of Sunderland. Boskalis Subsea Services said it will use the base to expand the presence of its business vessel operations in the UK, as it looks to cater for growing demand for its offshore, IRM, co
Semco Maritime to service Floatel unit ahead of new job
Offshore accommodation rig provider Floatel has awarded Semco Maritime a contract for service work on a semi-submersible unit.
Ocean Sun, Statkraft reinstall 500kWp floating solar unit in Albania
Europe’s largest renewable energy generator Statkraft and its partner Ocean Sun have completed the reinstallation of the 500kWp floating solar plant in Albania that was damaged and retrieved in mid-2021.
Equinor awards extensions worth over $1.3 bln to Norwegian suppliers
Equinor has extended agreements with Norwegian suppliers valued at over $1.3 billion for maintenance and modification services.
BP charters Prosafe unit for Trinidad job
Offshore accommodation services provider Prosafe has secured a new contract with BP for operations off Trinidad.
Sumitomo inks $200 million deal for first Middle East subsea transmission system
Sumitomo Electric Industries has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) cable for what will be the first of its kind submarine HVDC network in the Middle East. Under the $200 million deal, Sumitomo will deliver its 400
GTT gets HSHI tank design order for 3 LNG-fueled container vessels
French LNG containment specialist GTT has received the fuel tank design order for three new LNG-fueled container vessels from the Korean shipyard Hyundai Samho Heavy Industries (HSHI).
Brazilian operator gets brand-new fleet addition and fresh deal with Karoon
CBO has added a new PSV to its fleet and signed its second contract for one of its AHTS vessels with Karoon Energy.
Higher oil & gas prices lift TotalEnergies profit
TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.
ZIM hires 13 Navios containerships
Israeli shipping company ZIM Integrated Shipping Services has entered into a new charter agreement with Monaco-based shipowner Navios Maritime Partners for a total of thirteen containerships.
Aker BP to splash $400 million on exploration and drill 13 wells in 2022
Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.
Fincantieri, BNP Paribas sign €700M sustainability-linked guarantee facility
Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.