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Business Developments & Projects

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LNG carrier Flex Artemis
Business Developments & Projects

Flex inks new charter deals as LNG fleet count rises

Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the

about 6 years ago
OE Buoy
Business Developments & Projects

COVID-19 delays OE35 Buoy commissioning in Hawaii

Ireland-based wave energy technology developer Ocean Energy said that COVID-19 has delayed commissioning of its 500kW OE35 device in Hawaii. The OE35 wave energy device arrived in Hawaii in December 2019 for a one-year testing cycle. Subsequently, NAVFAC hosted a Hawaiian Blessing ceremony for the O

about 6 years ago
Tanker set for conversion into FPSO Anna Nery by Yinson; Source: ABB
Business Developments & Projects

ABB to provide equipment for Yinson’s Anna Nery FPSO

ABB has signed an agreement with energy solutions provider Yinson for electrical, control and telecommunication equipment and services onboard the Anna Nery floating production, storage and offloading (FPSO) vessel bound for the Marlim 2 oil field in Campos Basin, offshore Brazil.

about 6 years ago
Ørsted-Taps-CHC-for-Hornsea-Two-Helicopter-Services
Business Developments & Projects

Ørsted taps CHC for helicopter services at Hornsea Two offshore wind project

Ørsted has awarded CHC Helicopter with a contract for aerial transportation during the construction and operations phases of the Hornsea Two offshore wind project in the UK. Leonardo AW139 and AW169 helicopters based at Humberside Airport in Lincolnshire will be used for crew transfers and cargo fli

about 6 years ago
Illustration; Source: Sasol Mozambique
Business Developments & Projects

Sasol relinquishes licence offshore Mozambique

South Africa-based energy company Sasol has decided to relinquish its exploration licence offshore Mozambique.

about 6 years ago
Aker Solutions
Business Developments & Projects

Aker Solutions completes its largest subsea trees project in Brazil

Norway’s Aker Solutions has delivered the last of 60 sets of subsea trees for pre-salt exploration for Petrobras. This marks the conclusion of the company’s biggest project in Brazil. Aker Solutions landed a deal with Petrobras to provide subsea equipment for deepwater pre-salt field developments in

about 6 years ago
Dominion in $9.7 bln asset sale to Warren Buffet's Berkshire
Business Developments & Projects

Dominion in $9.7 bln asset sale to Warren Buffet’s Berkshire

Dominion Energy has agreed to sell all of its gas transmission & storage segment assets including a 25 per cent stake in the Cove Point LNG plant.

about 6 years ago
Spirit hits dust in Barents Sea well
Business Developments & Projects

Spirit hits dust in Barents Sea well

Spirit Energy has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.

about 6 years ago
Zvezda Shipbuilding Complex
Business Developments & Projects

GTT nets Zvezda order for five Arc7 LNG carriers

France’s GTT has won an order from Russia’s Zvezda shipyard for the tank design of five ARC7 ice-breaking LNG carriers. The LNG containment specialist said Zvezda awarded the deal at the end of June on behalf of a Russian shipowner. This represents the first order following the technical assistance

about 6 years ago
Spotlight on Monaco’s Mediterranean expansion
Business Developments & Projects

Spotlight on Monaco’s Mediterranean expansion

Monaco’s 38,000 residents currently live on just over 2 square kilometres of land – a surface area smaller than New York’s Central Park. With an estimated 2,700 people expected to move to Monaco by 2026, the issue of space has become critical. For more than 150 years, Monaco has adapted its urban pl

about 6 years ago
Cable setup delay for Minesto’s Faroe Islands demo
Business Developments & Projects

Cable setup delay for Minesto’s Faroe Islands demo

Minesto’s tidal energy project in Vestmannasund, Faroe Islands has hit a snag due to a technical issue occurring during cable laying. Therefore, the subsea cable installation that connects to the electric grid failed to complete as planned. The technical issue with the subsea cable is not related to

about 6 years ago
OOS buys LMO; Source: OOS International
Business Developments & Projects

OOS International expands with offshore design company buy

Dutch offshore services provider OOS International has expanded its portfolio with the acquisition of Leenaars Marine & Offshore Design (LMO).

about 6 years ago
COSLInnovator rig
Business Developments & Projects

COSL Drilling eyes new North Sea contract for semi-sub rig

COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator rig on the Norwegian Continental Shelf starting early next year.

about 6 years ago
Kriegers Flak CGS launch delayed again
Business Developments & Projects

Kriegers Flak CGS launch delayed again

The launch of Kriegers Flak Combined Grid Solution (CGS) has again been delayed, now until the end of September. The final steps of the commissioning procedures for the overall CGS system are confronted with ongoing movement restrictions for the Swedish team members due to the coronavirus pandemic,

about 6 years ago
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