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Business Developments & Projects

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Navantia UK starts making subsea structures for Shell's gas field earlier than planned
Business Developments & Projects

Earlier than planned: Navantia UK starts making subsea structures for Shell’s gas field

Navantia UK has cut the first steel at its recently-purchased Arnish facility for subsea structures destined for Shell’s project offshore Trinidad and Tobago, earlier than planned. It was reported in February that Navantia UK had won a contract with McDermott Trinidad Ltd. for the delivery of subsea

about 1 year ago
An evening photo of Prysmian's vessel Leonardo da Vinci
Business Developments & Projects
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Prysmian wraps up export cable work at Sofia offshore wind farm

Prysmian has completed the installation and HV testing of the export subsea cables that connect the Sofia offshore wind farm to the UK mainland. The 1.4 GW offshore wind farm comprises more than 440 kilometers of ±320 kV offshore export cables with XLPE insulation, manufactured in Prysmian’s Pikkala

about 1 year ago
FPSO Anasuria; Source: EnerMech
Business Developments & Projects

North Sea FPSO job goes to EnerMech

EnerMech has landed a new assignment for a floating production, storage, and offloading (FPSO) vessel operating in the North Sea on the UK Continental Shelf (UKCS).

about 1 year ago
Illustration/The AR1500 tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen tidal turbine delivers highest-ever output since installation

UK-based tidal energy company Proteus Marine Renewables (PMR) has confirmed that the AR1500 tidal turbine deployed at the MeyGen site in Scotland exported 372 MWh of electricity in March 2025, marking the turbine’s highest monthly output since it began operations in 2017. According to PMR, the turbi

about 1 year ago
Sea1 Offshore's fleet renewal in focus with sale of 21-year-old subsea construction vessel
Business Developments & Projects

Sea1 selling 11-year-old subsea construction vessel as part of fleet renewal

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, is selling its 11-year-old offshore subsea construction vessel (OSCV) as part of its fleet renewal program. Sea1 Offshore has signed an agreement to sell the 2014-built OSCV Sea1 Spearfish, currently on contract with PXGEO, to

about 1 year ago
Akçakoca production platform; Source: Trillion Energy
Business Developments & Projects

Bad weather postpones offshore installation ops at Türkiye’s gas field

Trillion Energy is keen on resuming gas lift compressor installation activities next week at its giant gas field in the Black Sea off the coast of Türkiye.

about 1 year ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business Developments & Projects

French tubular solutions provider expands work in Algeria with job for national oil & gas company

French provider of tubular solutions Vallourec has received a notice of award to supply oil country tubular goods (OCTG) to Algeria’s national oil & gas company Sonatrach. Vallourec will deliver carbon steel OCTG threaded with its VAM connections, set to be manufactured across several of the company

about 1 year ago
John Cockerill, Viettel to explore Vietnam-based electrolyzer manufacturing for green hydrogen
Business Developments & Projects

John Cockerill, Viettel to explore Vietnam-based electrolyzer manufacturing for green hydrogen

John Cockerill and Viettel Group have signed a memorandum of understanding (MoU) for exploring long-term cooperation to develop a Vietnam-based manufacturing and supply chain for pressurized alkaline water electrolyzers for green hydrogen production.

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Business Developments & Projects

SBM Offshore’s financial might spikes with $1.1 billion loan

SBM Offshore has boosted its financial potency with a new revolving credit facility (RCF), which it secured with a group of 13 international banks.

about 1 year ago
Yanmar wins DNV’s AiP for maritime hydrogen fuel cell system
Business Developments & Projects

Yanmar wins DNV’s AiP for maritime hydrogen fuel cell system

Yanmar Power Technology has received an approval in principle (AiP) from DNV for its GH320FC maritime hydrogen fuel cell system.

about 1 year ago
Vertom
Business Developments & Projects

Vertom’s eighth 7,280 dwt diesel-electric ship hits the water

Dutch shortsea shipping company Vertom Group has launched and christened its eighth 7,280 dwt diesel-electric multipurpose dry cargo ship at Thecla Bodewes Shipyards.

about 1 year ago
Türkiye Petrolleri A.O. (TPAO)
Business Developments & Projects

TPAO signs up for global oil & gas decarbonization initiative

Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.

about 1 year ago
Subsea7 extends contract for 106-meter subsea vessel until 2027, potentially 2028
Business Developments & Projects

Subsea7 extends contract for 106-meter subsea vessel until 2027, potentially 2028

A joint venture company of Subsea7 and Eidesvik Offshore has secured a contract extension with Subsea7 that could keep a 2013-built subsea vessel busy until 2028. As part of the agreement with the joint venture company Eidesvik Seven Chartering, Subsea7 has extended the firm option for the 106.5-met

about 1 year ago
Noble Resolve jack-up rig as it set off from the Esbjerg shipyard, Denmark; Source: Zenith Energy
Business Developments & Projects

Scottish firm wraps up ‘challenging’ job for Canadian oil & gas player’s Baltic Sea drilling ops

Zenith Energy, an Aberdeen-headquartered well engineering consultancy and project management company, has finished its scope of work for a well drilled at a concession in the Baltic Sea off the coast of Poland.

about 1 year ago