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Business Developments & Projects

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Fossil EnergyLow-Carbon TransitionOil & GasBusiness & FinanceExploration & ProductionRigsFPSO & VesselsProject & TendersLiquefied Natural GasSubseaSurveys & InterventionsVessels & VehiclesInfrastructureInnovationOutlook & StrategyTechnologyVesselsCablingGridOffshore WindVisionWind FarmsOperations & MaintenanceAlternative FuelsClean FuelGreen MarineCollaborationAmmoniaResearch & DevelopmentFloating SolarMarine EnergyEnvironmentEquipmentAuthorities & GovernmentRegulation & Policy
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business Developments & Projects

Giant North Sea oil field’s $1.3 billion third chapter is a go

Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

about 1 year ago
High Island V jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling rig staying five more years with Aramco

Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco.

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about 1 year ago
A stage for a FPSO sailaway ceremony
Business Developments & Projects

Seventh FPSO prepares to join Petrobras’ Santos Basin field

A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras.

about 1 year ago
Fugro performs 'industry-first' remote survey for offshore trunkline using an USV
Business Developments & Projects

Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV

Fugro has made what it says is an industry-first for pipelay support services, performing a remote survey for a 433-kilometer trunkline offshore Western Australia using its Blue Essence uncrewed surface vessel (USV). Fugro conducted a series of survey campaigns said to have played a critical role in

about 1 year ago
Nexans' new cable layer traveling from Poland to Norway to complete construction
Business Developments & Projects

Nexans’ new cable layer traveling from Poland to Norway to finalize construction

The partially outfitted hull of a new cable-laying vessel (CLV) being built for Nexans has started its journey from Poland to Norway, where it will be finalized. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an upd

about 1 year ago
Thor export cables
Business Developments & Projects

Jan De Nul completes Thor export cable pull-in

Jan De Nul has pulled two export cables for the 1,080 MW Thor offshore wind farm, currently under construction in Denmark. The export cables will transport clean, renewable electricity from the offshore site 22 kilometers out in the North Sea to the Danish mainland. In 2023, Jan De Nul, together wit

about 1 year ago
Skandi Achiever; Source: DOF
Business Developments & Projects

Two more multimillion-dollar vessel gigs land on DOF’s task list in Brazilian waters

DOF Group has won another set of long-term assignments off the coast of Brazil for one of its anchor handling tug supply (AHTS) vessels and a remotely operated vehicle (ROV) support vessel (RSV), with the country’s state-owned energy giant Petrobras.

about 1 year ago
CPN inks new deal to boost Hong Kong’s green marine fuel ambitions
Business Developments & Projects

CPN inks new deal to boost Hong Kong’s green marine fuel ambitions

Bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has joined forces with the Hong Kong Special Administrative Region (HKSAR) Government to work toward establishing a green marine fuel bunkering and trading hub in Hong Kong.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business Developments & Projects

Restart of North Sea FPSO underway

With repairs out of the way, the UK-based upstream oil and gas player Serica Energy has revealed the progress made in resuming production from its assets in the North Sea, as wheels are in motion to bring a floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS)

about 1 year ago
NH3 Clean Energy raises $710K to propel flagship ammonia project forward
Business Developments & Projects

NH3 Clean Energy raises $710K to propel flagship ammonia project forward

Australia’s NH3 Clean Energy has raised $710,000 (before costs) to advance its flagship WAH2 ammonia project – a clean ammonia export and bunkering initiative.

about 1 year ago
Transocean Enabler rig at sea
Business Developments & Projects

Fresh Barents Sea oil find offers tie-in opportunity for Equinor

Norwegian state-owned energy giant Equinor has made an oil discovery in the proximity of a field it operates in the Barents Sea using a rig owned by Switzerland-based offshore drilling contractor Transocean.

about 1 year ago
Alotta's floating solar power plant at Emilsen Fisk's facility in Båfjordstranda, Norway
Business Developments & Projects

Second floating solar plant on the way for Norway’s northernmost fish farm

Norwegian fish farming company Emilsen Fisk has ordered a second floating solar power plant from Ålesund-based Alotta, just weeks after commissioning the first unit. According to Alotta, the system, an Alotta Circle Mc120, has already supplied over 90% of the site’s energy needs through solar and ba

about 1 year ago
Petrobras and Fugro deepen decades-long alliance with $340M in four multi-year contracts
Business Developments & Projects

Petrobras and Fugro deepen decades-long alliance with four contracts worth $340M

Brazilian oil & gas giant Petrobras and Dutch geo-data specialist Fugro have expanded their decades-long partnership with four multi-year contracts that together have an approximate value of $340 million. Following a tender procedure, Fugro has been awarded four multi-year, day-rate contracts for th

about 1 year ago
Brage platform; Source: OKEA
Business Developments & Projects

New wildcat on North Sea asset’s drilling agenda next month

OKEA has secured a drilling permit for an exploration well in the North Sea off the Norwegian coast, which is scheduled to be drilled in July 2025.

about 1 year ago