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Business Developments & Projects

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Kongsberg Maritime to acquire Sweden’s Berg Propulsion
Business Developments & Projects

Kongsberg Maritime to acquire Sweden’s Berg Propulsion

Norwegian maritime technologies company Kongsberg Maritime is set to acquire Berg Propulsion, a Swedish designer and manufacturer of integrated propulsion and electrical systems for the maritime market. When announcing the acquisition, Kongsberg Maritime said that the move represents a strategic ste

about 3 months ago
FSRU Dioriga Gas; Source: Dioriga Gas
Business Developments & Projects

New player eyes coming aboard Greece’s FSRU project with Aktor-Motor Oil deal

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Greece’s Motor Oil Hellas (MOH) has struck a deal with its compatriot Aktor to divest half of its subsidiary’s stake in a floating storage and regasification unit (FSRU) project, which is anticipated to boost liquefied natural gas (LNG) supply in the European country.

about 3 months ago
COSL Pioneer; Source: COSL Drilling Europe
Business Developments & Projects

COSL Drilling Europe’s 2010-built rig staying with Vår Energi into 2028

Norway’s oil and gas player Vår Energi has prolonged a drilling assignment, which is being undertaken on the Norwegian Continental Shelf (NCS) with one of the semi-submersible rigs owned by COSL Drilling Europe, an offshore drilling contractor.

about 3 months ago
Aquaterra Energy and James Fisher team up to deliver simplified decommissioning
Business Developments & Projects

Aquaterra Energy and James Fisher team up to deliver simplified decommissioning

Aquaterra Energy and James Fisher and Sons have established a decommissioning partnership to offer operators a single, integrated route to plan and execute well abandonment and infrastructure removal programs more efficiently, with fewer interfaces and greater execution certainty. Aquaterra Energy i

about 3 months ago
Third ORESA innovation call for offshore energy solutions open for applications
Business Developments & Projects

Third ORESA innovation call for offshore energy solutions open for applications

Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, is inviting small and medium-sized enterprises (SMEs) developing innovative products, technologies, or services within the offshore energy sector to apply for its third innovation call. The Innovation C

about 3 months ago
FPSO Kraken; Source: EnerMech
Business Developments & Projects

Harbour enriches its UK North Sea oil & gas portfolio with Waldorf buy

London-listed oil and gas company Harbour Energy has wrapped up the acquisition of all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), enlarging its hydrocarbon asset portfolio in the UK sector of the North Sea.

about 3 months ago
COSL Prospector rig; Source: COSL
Business Developments & Projects

North Sea wildcat to be spud by COSL rig next month

Norway’s oil and gas player Vår Energi has secured a drilling permit for operations in the Norwegian North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 3 months ago
Partnership set up in Norway to accelerate deployment of innovative OBN tech
Business Developments & Projects

Partnership set up in Norway to accelerate deployment of innovative OBN tech

Norwegian energy data and intelligence company TGS and compatriot geophysical technology and service company Allton have signed a strategic collaboration agreement focused on accelerating the deployment of innovative deepwater ocean-bottom node (OBN) technology. The parties have agreed on exclusive

about 3 months ago
Platinum Explorer; Source: Vantage Drilling
Business Developments & Projects

Following merger with Eldorado, Vantage Drilling exits Euronext Growth

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has stopped trading on Euronext Growth following the completion of its business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors. It was reported at the end of June tha

about 3 months ago
Dutch cable services firm moves closer to Baltic clients with hub in Sweden
Business Developments & Projects

Dutch cable services firm moves closer to Baltic clients with hub in Sweden

WIND, a Netherlands-based company delivering subsea cable logistics, cable recovery, and related services, has opened a cable storage and offshore service hub in Sweden to serve the Baltic region. WIND Group has signed a long-term agreement with Smålandshamnar to establish the dedicated yard in the

about 3 months ago
Scotland future-proofs subsea network rollout with long-term HVDC agreement
Business Developments & Projects

Scotland future-proofs subsea network rollout with long-term HVDC agreement

Scottish transmission system operator (TSO) SSEN Transmission has signed a long-term framework agreement with Sumitomo Electric Industries and Van Oord Offshore Wind UK for the engineering, supply, transport and installation of high-voltage direct current (HVDC) subsea cable systems to support futur

about 3 months ago
New North Sea partnership targets IRM, decommissioning and construction
Business Developments & Projects

New North Sea partnership targets IRM, decommissioning and construction

Boskalis Subsea Services and the UK’s Anasuria Operating Company (AOC) have signed a preferred partnership framework agreement to collaborate on inspection, repair and maintenance (IRM), decommissioning and construction activities in the North Sea. The parties’ long-term collaborative framework is d

about 3 months ago
Fugro to assist Saipem with pipeline work at UK’s first offshore CCS project
Business Developments & Projects

Fugro to assist Saipem with pipeline work at UK’s first offshore CCS project

Dutch Fugro has been selected to deliver integrated marine survey and inspection services for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough Head, the NEP project will comprise an onshore CO2 ga

about 3 months ago
Prysmian’s arsenal richer for its ‘most powerful’ heavy-duty plough yet
Business Developments & Projects

Prysmian’s arsenal richer for its ‘most powerful’ heavy-duty plough yet

Italian cabling giant Prysmian has put into operation a new, latest-generation heavy-duty plough developed by the UK’s SMD, stating that it is its most powerful and largest so far. The plough is one of two that have been procured from SMD and will be used for burying power cables at a maximum of fiv

about 3 months ago