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Business Developments & Projects

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LR approves ammonia dual-fuel system design for Trafigura’s newbuilds
Business Developments & Projects

LR approves ammonia dual-fuel system design for Trafigura’s newbuilds

The ammonia dual-fuel system designed for medium gas carriers (MGCs) being built for Trafigura has been approved by classification society Lloyd’s Register (LR).

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Business Developments & Projects

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

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Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
An offshore rig
Business Developments & Projects

Duo looking to drill exploration well offshore Bulgaria by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.

about 1 year ago
G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone
Business Developments & Projects

G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone

G-TEC has completed a seabed survey in the Doordewind Wind Farm Zone (DDWWFZ) under a contract the Belgian geophysical survey specialist signed with the Netherlands Enterprise Agency (RVO) in 2024. The offshore work was carried out by G-TEC’s survey vessels Mainport GEO and Karina. Through the surve

about 1 year ago
EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today
Business Developments & Projects

EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi

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

Oil production starts at Equinor’s Norwegian field, ushering in ‘new era’ for Barents Sea

Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.

about 1 year ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Business Developments & Projects

Eco Wave Power adds Vistra Energy board member to its advisory board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr

about 1 year ago
A map showing survey locations at Dogger Bank South Offshore Wind Farm
Business Developments & Projects

TGS to conduct geophysical survey at RWE’s Dogger Bank South offshore wind farm sites

TGS is scheduled to start geophysical survey work across the Dogger Bank South (DBS) offshore wind farm sites in the UK on March 27. According to a Notice to Mariners issued by the DBS project, the Norway-based energy data and intelligence company will be using the seismic vessel Ramform Vanguard, s

about 1 year ago
PSV BOS Prelude; Credit: Britoil
Business Developments & Projects

Britoil’s 2010-built vessel bolsters German player’s North Sea energy projects’ supply ops

SeaRenergy has strengthened its offshore supply capabilities in the North Sea, thanks to a long-term charter agreement with Britoil Offshore Services for a 15-year-old platform supply vessel (PSV), which will support the installation and commissioning of converter platforms and be available for any

about 1 year ago
Corvus Energy expands its presence in China
Business Developments & Projects

Corvus Energy expands its presence in China

Norway-based energy storage company Corvus Energy has opened a new office in Shanghai, China, to support the shipowners, shipyards, integrators, as well as other partners involved in the country’s shipbuilding industry.

about 1 year ago
SITC
Business Developments & Projects

Twelve partners to demonstrate full DC grid concept on real vessel

The UK’s University of Birmingham scientists are joining experts from across Europe in a €10.2 million project to create a working prototype ship powered by full direct current (DC) electrical systems.

about 1 year ago
IKM Group to employ up to 70 persons as part of contract for Norway's PRSI Pool
Business Developments & Projects

IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offsh

about 1 year ago
North Sea; Source: OEUK
Business Developments & Projects

$452 billion shot in UK economy’s arm on the table with oil & gas and other homegrown energy

With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor

about 1 year ago
An offshore rig and a vessel
Business Developments & Projects

Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position

Norway-headquartered offshore drilling contractor Dolphin Drilling has promoted its interim Chief Executive Officer (CEO) to a permanent role and appointed a new Chief Executive Officer (CFO).

about 1 year ago