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Business Developments & Projects

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Snorre expansion project; Source: Equinor
Business Developments & Projects

Equinor gets green light for Snorre expansion start up

The Norwegian authorities have given oil major Equinor and its partners the consent to start work on the expansion of the Snorre field in the North Sea.

about 5 years ago
A photo of CorPower's C3 wave energy device (Courtesy of Colin Keldie/CorPower Ocean)
Business Developments & Projects

CorPower secures 10-year marine license in Portugal

Swedish wave energy company CorPower Oceanhas been awarded a ten-year marine license by Portuguese authorities for wave energy projects in the Atlantic Ocean.

about 5 years ago
ExxonMobil approves KOGAS' LNG tank tech
Business Developments & Projects

ExxonMobil approves KOGAS’ LNG tank tech

ExxonMobil Upstream Research Company granted approval for KOGAS’ design of a fully protected onshore membrane for LNG storage tanks.

about 5 years ago
Maersk Viking drillship
Business Developments & Projects

Shell awards more work to Maersk drillship in Brunei

Following a recent one-well contract award, Maersk Drilling has now also secured a one-well extension for the Maersk Viking drillship with Shell in Brunei.

about 5 years ago
An image mapping North Sea interconnection points of the NSWPH project
Business Developments & Projects

NSWPH kicks off study on large-scale offshore wind system integration

Danish Ea Energy Analyses and German Energynautics will perform a study on the effective integration of large-scale offshore wind in the future energy system for the North Sea Wind Power Hub (NSWPH) consortium. The first findings are expected to be released in July 2021, with the study aiming to sup

about 5 years ago
Abigail Joseph FPSO - Yinson
Business Developments & Projects

VIDEO: Step right up for a virtual tour of FPSO now producing off Nigeria

Yinson has released a video showing the inside workings of its Abigail-Joseph FPSO, which is now in production on a field located offshore Nigeria.

about 6 years ago
An image rendering Equinor's manufaturing site at Port of Albany
Business Developments & Projects

Equinor’s NY offshore wind plans could bring 350 jobs in Port of Albany

If Equinor’s bids are successful at New York State’s latest offshore wind solicitation, that could lead to creation of up to 350 jobs related to manufacturing of wind turbine components at the Port of Albany in upstate New York. Namely, the developer included the Port of Albany in its proposals rece

about 6 years ago
A photo of the Penguin wave energy device (Courtesy of Wello)
Business Developments & Projects

Penguin to spend winter in UK as tow hits delay

The towing of Wello’s Penguin wave energy converter from the United Kingdom to Spain has come to a stop, and is now rescheduled for early spring in 2021.

about 6 years ago
Springfield
Business Developments & Projects

Ghana orders Eni and Springfield to combine offshore oil fields

Ghana has imposed its terms and conditions for the Italian oil major Eni and domestic explorer Springfield E&P for the unitisation of their adjacent fields.

about 6 years ago
A photo of an offshore wind farm
Business Developments & Projects

SSE, Marubeni, CIP team up for ScotWind leasing

Scottish offshore wind seabed leasing process has brought together Scotland-headquartered SSE Renewables, Japanese conglomerate Marubeni Corporation, and Danish fund management company Copenhagen Infrastructure Partners (CIP). According to the latest press release from SSE Renewables, the developer

about 6 years ago
Kongsberg
Business Developments & Projects

Kongsberg sees growth in shuttle tanker business despite pandemic

During 2020, Norway-based marine technology company Kongsberg Maritime won contracts for twelve of its shuttle tanker concepts, with a value totalling over NOK 400 million ($43.7 million).

about 6 years ago
A photo of a Wiking helicopter during hoisting operation
Business Developments & Projects

Wiking Helikopter inks two contracts for German North Sea projects

In the last two weeks, Wiking Helikopter Service has signed a multi-year contract with TenneT and a contract extension with Deutsche Windtechnik, both of which will see the company providing offshore helicopter services for projects in the German part of the North Sea. With the transmission system o

about 6 years ago
A Shelf Drilling jack-up rig
Business Developments & Projects

Shelf Drilling selling five stacked rigs

Shelf Drilling is selling five of its stacked drilling rigs. The rig owner has also won a couple of new gigs while some contracts have been suspended.

about 6 years ago
AIE inks Port Kembla LNG terminal site lease
Business Developments & Projects

AIE inks Port Kembla LNG terminal site lease

Australian Industrial Energy (AIE) has signed a critical lease for up to 25 years with NSW Ports for the Port Kembla Gas Terminal (PKGT).

about 6 years ago
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