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Business Developments & Projects

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Trial activities start at Crete–Attica electricity interconnection; Source: IPTO
Business Developments & Projects

Trial ops underway: Greece’s €1B subsea electricity interconnection weeks away from start-up

Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has confirmed the beginning of trial operations at a subsea interconnection development between the island of Crete and the Greek mainland, described as the larg

about 1 year ago
Scana company to install shore power system for cruise ships in World Heritage fjord
Business Developments & Projects
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Scana company to install shore power system for cruise ships in World Heritage fjord

PSW Power & Automation, owned by offshore energy technology and services provider Scana, has secured a contract to install a shore power system for cruise vessels at terminal Flåm, Norway, situated at the end of the UNESCO world heritage-listed Aurlandsfjorden.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience

Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.

about 1 year ago
Ramford Vanguard; Source: TGS
Business Developments & Projects

Acquisition activity brings busy spell for TGS in Northern Europe

Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season.

about 1 year ago
GNV books LNG-powered RoPax quartet at Chinese shipyard
Business Developments & Projects

GNV books LNG-powered RoPax quartet at Chinese shipyard

Italian shipping company Grandi Navi Veloci (GNV) has placed an order for four new LNG-powered RoPax ships at Guangzhou Shipbuilding International (GSI) shipyard in China.

about 1 year ago
UK government moves to unlock full potential of marine energy
Business Developments & Projects

UK government moves to unlock full potential of marine energy

The United Kingdom (UK) has formed a new Marine Energy Task Force as a strategic move to unlock the full potential of tidal and wave technologies nationwide.

about 1 year ago
Lorelay; Source: Allseas
Business Developments & Projects

Allseas on offshore pipelay duty as Porthos takes over North Sea gas assets for CCS revamp

Allseas is putting an offshore pipeline in place for a development that aims to become the first offshore CO2 transport and storage project in the European Union (EU).

about 1 year ago
Offshore platforms at sunset
Business Developments & Projects

‘Sharp downturn’ in green energy leads to structural changes at Aker

Norway’s industrial investment company Aker has inked two strategic agreements, one referring to the purchase of a share its subsidiary Aker Carbon Capture (ACC) holds in its joint venture with SLB, and the other to a merger with its green energy-focused affiliate Aker Horizons.

about 1 year ago
Statkraft halts new green hydrogen projects citing market uncertainty
Business Developments & Projects

Statkraft halts new green hydrogen projects citing market uncertainty

Norwegian renewable energy supplier Statkraft has decided to halt new green hydrogen developments, citing increased uncertainty in the market.

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Business Developments & Projects

‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu

Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.

about 1 year ago
Gasum powers bunker ship with bio-LNG to generate FuelEU Maritime pooling compliance
Business Developments & Projects

Gasum powers bunker ship with bio-LNG to generate FuelEU Maritime pooling compliance

Kairos, an LNG bunker vessel chartered by Nordic energy company Gasum, will run on waste-based bio-LNG and join Gasum’s FuelEU Maritime pool as a compliance generator.

about 1 year ago
A large vessel at sea
Business Developments & Projects

LNG newbuild duo finds multi-year gigs as long-term contracts gain momentum

U.S.-listed shipowner Capital Clean Energy Carriers (CCEC) has secured employment for two liquefied natural gas (LNG) carriers under construction at Hyundai Samho. The company has also provided an update on the LNG market status in Q1 2025.

about 1 year ago
Deepsea Bollsta rig; Source: Northern Ocean
Business Developments & Projects

Odfjell Drilling-managed rig to spud wildcat pair offshore Norway

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has received a drilling permit from the country’s authorities for a wildcat well duo in the Norwegian Sea, enabling it to undertake drilling activities this month with a semi-submersible rig managed by Odfjell Drillin

about 1 year ago
Noble Interceptor rig; Source: Noble Corporation
Business Developments & Projects

Noble tucks CCS rig tech milestone under its belt

U.S.-headquartered offshore drilling giant Noble Corporation has confirmed the receipt of a certificate related to carbon capture and storage (CCS) rig technology from DNV, an energy expert and assurance provider.

about 1 year ago