Business Developments & Projects

PGS adds five 3D seismic surveys to data library offshore Egypt
Norwegian seismic surveyor Petroleum Geo-Services (PGS) has added five 3D seismic surveys to its data library offshore Egypt, creating new broadband coverage of more than 18,700 square kilometres in recently awarded nearshore license blocks.

New boss joins McDermott to forge a new path
U.S. offshore engineering and constructions services player McDermott has named a new president and chief executive officer.

Norsepower rotor sail tech wins RINA AiP
Finnish cleantech company Norsepower has been granted approval in principle for its rotor sail technology solution from classification society RINA.

Nauticus Olympic Arm completes IKM Subsea’s all-electric ROV system
Norway-based IKM Subsea has selected Nauticus Robotics’ fully electric work-class manipulator Olympic Arm for its subsea resident remotely operated vehicle (ROV) system.

SBS inks deal for tidal energy projects in Indonesian straits
UK-based tidal energy developer SBS has signed a two-year memorandum of understanding (Mou) with state-owned enterprise Indonesia Power for the development of tidal energy projects in Larantuka and Boleng straits.

Equinor unveils key document for Barents Sea project with development plan due by year-end
Equinor has presented an impact assessment for the development and operation of Wisting development located in the Barents Sea off Norway.

Dunkerque LNG terminal offers 3.5 bcma regasification capacity
Dunkerque LNG, the owner and operator of France’s Dunkirk LNG import terminal, has put on offer 3.5 billion cubic meters per annum of regasification capacity with a minimum of three years between 2023-2036.

JDR’s subsea umbilicals to help Beach increase Otway gas production
JDR Cable System, a subsea technologies provider owned by TFKable Group, has secured a contract with Australian Beach Energy to deliver subsea umbilicals for the Otway Basin off the Victorian coastline.

Sempra signs deal on Vista Pacifico LNG project in Mexico
U.S. LNG infrastructure company Sempra has signed a deal with Mexico’s Federal Electricity Commission to jointly develop the Vista Pacifico LNG terminal in Topolobampo, Sinaloa.

BELECTRIC set to build 16.8MW floating solar plant in Israel
German-based company BELECTRIC has secured a contract to build a 16.8MWp floating solar power plant for S’energy and the large-scale water utility in Israel.

Fresh well lined up for Stena rig in North Sea
Offshore drilling contractor Stena Drilling has secured a new contract with Petrofac for operations in the UK North Sea.

TotalEnergies to resume Mozambique LNG project in 2022
French energy giant TotalEnergies wants to restart the $20 billion Mozambique LNG project this year after it has been put on hold due to an insurgent attack.

CSL: First diesel-electric laker begins maiden voyage
M/V Nukumi, a new purpose-designed self-unloading ship owned by Canadian shipping company Canada Steamship Lines (CSL), departed on its maiden voyage on 31 January.

Van Oord uses iXblue subsea positioning tech for French OWF piles installation
Dutch maritime contractor Van Oord has deployed iXblue’s Long Baseline (LBL) subsea positioning solution to conduct the installation of 190 offshore wind farm piles in the Bay of Saint-Brieuc, France.