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Business Developments & Projects

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Danes-Start-Viking-Link-Onshore-Construction
Business Developments & Projects

Danes start Viking Link onshore construction

Danish Energinet has begun the construction of the onshore converter station for the Viking Link interconnector between the UK and Denmark. The 740km HVDC link will connect Revsing in South Jutland, Denmark, and Bicker Fen in Lincolnshire, UK. Munck Supply Lines is set to begin installing the land c

about 6 years ago
Ocean energy industry urges for 100MW by 2025 target in Europe
Business Developments & Projects

Ocean energy industry urges for 100MW by 2025 target in Europe

The new EU Strategy on Offshore Renewable Energy must include a target of 100MW of ocean energy installed in Europe by 2025, Ocean Energy Europe reported. This would be enough to power 100,000 European homes a year, and would pave the way for installing 3GW by 2030 and 100GW by 2050. This target wou

about 6 years ago
Far Saracen
Business Developments & Projects

Solstad scores vessel hat-trick in Australia

Norwegian offshore vessel owner Solstad Offshore has been awarded contracts for three vessels for operations in Australia.

about 6 years ago
Verdant turbines
Business Developments & Projects

Verdant ramps up turbine assembly in New Jersey

Verdant Power has successfully integrated its three, fifth generation (Gen5), tidal power turbines onto its TriFrame mount in preparation for on-water delivery and deployment at the RITE Project site in New York City’s East River. Verdant earlier shipped the turbines by barge from its New Jersey mar

about 6 years ago
Siemens-Dragados Offshore consortium to build BorWin5 substations
Business Developments & Projects

Siemens-Dragados Offshore consortium to build BorWin5 substations

Transmission system operator TenneT has awarded the consortium of Siemens AG and Dragados Offshore SA with a contract to build onshore and offshore converter stations for the 900 MW BorWin5 grid connection. At 230 kilometres, BorWin5 will be the longest offshore direct current connection to date, sc

about 6 years ago
FASTsubsea’s subsea pump
Business Developments & Projects

Petronas Research joins FASTsubsea’s subsea pump development

FASTsubsea and Petronas’ subsidiary Petronas Research signed a Joint Industry Project contract to develop and test a low-cost, topside-less subsea multiphase pump. FASTsubsea is a joint venture between Aker Solutions and FSubsea. The new company combines Aker Solutions’ multiphase hydraulic technolo

about 6 years ago
Aarhus
Business Developments & Projects

APM Terminals buys ALC’s container terminal in Aarhus

Terminal operator APM Terminals, part of Denmark’s Maersk Group, has decided to acquire a container terminal in Aarhus from logistics company Aarhus Logistics Center (ALC).

about 6 years ago
Moray East export cable makes landfall.
Business Developments & Projects

First Moray East export cable makes landfall

The first export power cable for the 950 MW Moray East offshore wind project has made landfall at Inverboyndie, Scotland, Moray Offshore Windfarm (East) Ltd said. The installation of the offshore export cables is being undertaken by NKT. To minimise environmental impact, the cable was pulled through

about 6 years ago
Illustration; Source: Saudi Aramco
Business Developments & Projects

Saudi Aramco to boost output regardless of huge profit drop

Chief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit drop in 2Q 2020.

about 6 years ago
Vopak offering simultaneous LNG bunkering service in Rotterdam
Business Developments & Projects

Vopak offering simultaneous LNG bunkering service in Rotterdam

Dutch independent storage tank firm Vopak has started offering simultaneous LNG bunkering service at its Europoort terminal in the port of Rotterdam. Vessels calling at the Europoort terminal can now get LNG fuel from bunkering barges simultaneously while loading or discharging. “This eliminates the

about 6 years ago
Stena Carron drillship
Business Developments & Projects

Stena drillship arrives on ExxonMobil’s well location in Guyana

Stena Carron, a Stena Drilling-owned drillship, has arrived on location at the Kaieteur Block, offshore Guyana, to drill the Tanager-1 well for ExxonMobil.

about 6 years ago
Illustration; Source: Petrofac net-zero
Business Developments & Projects

Petrofac sets net-zero and diversity targets

Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.

about 6 years ago
Wellesley ready to drill Norwegian Sea wildcat
Business Developments & Projects

Wellesley ready to drill Norwegian Sea wildcat

The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea.

about 6 years ago
Illustration; Source: Sparrows JDN
Business Developments & Projects

Sparrows becomes sole Middle East service provider for JDN

Sparrows Group, a provider of specialist equipment and integrated engineering services to the energy industry, has become the service provider for machine construction company J.D. Neuhaus Group (JDN) in the Middle East.

about 6 years ago
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