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Business Developments & Projects

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Business Developments & Projects

North Sea drilling ops lead to signs of hydrocarbons in UK waters

Harbour Energy has confirmed the presence of hydrocarbons at its recently drilled prospect in the Central North Sea on the UK Continental Shelf (UKCS).

about 1 year ago

North Sea TSO on the lookout for cable repair provider

Business Developments & Projects

ABL bags contract for TenneT’s 2 GW Dutch offshore grid connections

The Dutch/German offshore transmission system operator (TSO) TenneT has awarded ABL a contract to provide marine warranty survey services for the installation of three 2 GW export cable systems in the Netherlands. Under the contract, ABL will work on the IJmuiden Ver Beta, IJmuiden Ver Gamma, and Ne

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about 1 year ago

Business Developments & Projects

SAL Heavy’s third methanol-ready Orca class vessel hits the water (Video)

Germany’s maritime heavy lift and project cargo carrier SAL Heavy Lift has celebrated the launch of its third methanol-ready 14,600 dwt Orca class multipurpose vessel.

about 1 year ago

Business Developments & Projects

Halliburton to acquire Optime Subsea

U.S.-headquartered oilfield services giant Halliburton is set to purchase Optime Subsea, a Norwegian provider of subsea solutions for the oil & gas industry, following the signature of a definitive agreement. According to Optime Subsea, the acquisition will integrate its umbilical-less technology in

about 1 year ago

Business Developments & Projects

Climate Fund Managers acquires 24% stake in Hyphen Hydrogen Energy

Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy.

about 1 year ago

Business Developments & Projects

Final G5-class multipurpose RoRo delivered to Grimaldi

Grimaldi Group has taken delivery of the sixth energy-efficient multipurpose RoRo ship from HD Hyundai Mipo Dockyard (HMD) in South Korea.

about 1 year ago

Business Developments & Projects

Equinor to charter two electric hybrid newbuilds from Bergen Tankers

Norway-based shipping company Bergen Tankers and compatriot energy giant Equinor have executed a long-term time charter party for two oil/chemical tanker newbuilds with electric hybrid propulsion systems.

about 1 year ago

Business Developments & Projects

Jan De Nul, Hellenic Cables sign cable framework deal with French TSO

Jan De Nul, in partnership with Hellenic Cables, has been awarded a framework agreement from France’s transmission system operator (TSO) Réseau Transport d’Electricité (RTE) to supply and install the export cables for two floating wind farms off the coast of Southern Brittany, totaling 750 MW. Jan D

about 1 year ago

Business Developments & Projects

Weco’s wave energy converter produces first power (Video)

The Hague-based Wave Energy Collective (Weco) has reached a milestone in the development of its Kaizen wave energy converter (WEC), as the device had generated its first power. Weco said that it was also able to validate and optimize the design further. The company collaborated with Deltares, a Neth

about 1 year ago

Deepsea Stavanger rig; Source: Odfjell Drilling

Business Developments & Projects

Equinor comes up empty in North Sea duo

Equinor has found no hydrocarbons in two wells, which were drilled using one of Odfjell Drilling’s rigs in the North Sea off the coast of Norway.

about 1 year ago

VARD delivers advanced cable layer to Danish subsea specialist

Business Developments & Projects

VARD delivers hybrid cable layer to Danish subsea specialist

Norway’s ship designer and shipbuilder VARD has delivered an advanced cable-laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore, less than two years after the contract was signed. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N

about 1 year ago

Business Developments & Projects

UK’s first CO2 injection nears reality as final preparations are underway (Video)

Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro

about 1 year ago

Business Developments & Projects

North Ammonia advances plans for green ammonia plant at Fjord Base

Norwegian green energy provider North Ammonia has partnered with compatriot Fjord Base Holding to develop a green ammonia production facility at Fjord Base in Florø.

about 1 year ago

Business Developments & Projects

With four wells recompleted, Trillion prepares for more tubing ops off Türkiye

After running velocity string tubing in four existing wells, Canada’s oil and gas player Trillion Energy is getting ready to restart operations following the receipt of equipment at a gas field offshore Türkiye.

about 1 year ago