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Business Developments & Projects

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Greater Laggan Area; Source: TotalEnergies
Business Developments & Projects

Seven new UK offshore blocks await TotalEnergies and Kistos in West of Shetland oil & gas producing area

TotalEnergies and Kistos have been presented with seven new blocks or part blocks in an area that contains producing oil and gas assets located West of Shetlands off the coast of the UK.

about 2 years ago
Illustration; Source: Aize
Business Developments & Projects

Aker BP bolsters digitalization arsenal by streamlining brownfield asset management with help of digital twins

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Aker BP has expanded its collaboration with Aize, a digital twin software provider, by including a software-as-a-service (SaaS) agreement for all relevant facilities.

about 2 years ago
HGK Shipping
Business Developments & Projects

HGK Shipping unveils wind-powered diesel-electric gas tanker design

HGK Shipping, part of Germany’s integrated logistics group HGK, has developed a design for a river/sea-going gas tanker to better comply with new transport requirements in the energy transition era.

about 2 years ago
Pre-lay operations about to begin for first UK-Germany energy link
Business Developments & Projects

Pre-lay operations about to begin for first UK-Germany energy link

The C-Horizon vessel is set to soon kick off shallow water debris removal, boulder relocation and pre-lay grapnel run activity in UK waters to clear the proposed cable route for the first direct energy link between the UK and Germany. The 1.4 GW NeuConnect interconnector will see the construction of

about 2 years ago
Former CEO of Transocean JV takes the same role at Northern Ocean
Business Developments & Projects

Former CEO of Transocean JV takes the same role at Northern Ocean

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.

about 2 years ago
A man in his working suit, Matthew Hewitson, squats next to the tidal turbine parts
Business Developments & Projects

UK firm finishes geotechnical investigation for offshore tidal turbine in Orkney

UK-based engineering consultancy Ryder, part of Tekmar Group, has completed a geotechnical site investigation for an offshore floating tidal turbine project located at the Fall of Warness European Marine Energy Centre (EMEC) test site in Orkney. A site investigation assessed ground conditions for de

about 2 years ago
Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision
Business Developments & Projects

Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision

As Denmark is starting negotiations with Germany on the North Sea Energy Island, the proposed artificial energy island in the North Sea, the trade and employer association Danish Shipping is optimistic the possible agreement will bring the necessary infrastructure to support the association’s invest

about 2 years ago
ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia
Business Developments & Projects

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago
Stolt Tankers barge switches to 100% renewable fuel to underpin sustainability strategy
Business Developments & Projects

Stolt Tankers barge switches to 100% renewable fuel to underpin sustainability strategy

Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, has bunkered one of its barges with 100% renewable fuel for the first time, reaching a new milestone in its sustainability journey. The barge Stolt Main was bunkered with HVO100, a synthetic renewable die

about 2 years ago
FPSO Jotun; Source: Vår Energi
Business Developments & Projects

FPSO delay pushes North Sea project’s costs up by $400 million and bumps first oil to 2025

Vår Energi has made changes to the schedule for the start-up of an oil field life extension project in the Norwegian sector of the North Sea, moving it to the second quarter of 2025.

about 2 years ago
TGS starts rebranding streamer fleet, gets OBN contract extension in North America
Business Developments & Projects

TGS starts rebranding streamer fleet, gets OBN contract extension in North America

Amid the process of rebranding its offshore streamer fleet, Norwegian seismic company TGS has secured the extension of an existing ocean bottom node (OBN) data acquisition contract in North America. The four-month extension to the existing contract will build on existing operations, enhancing the cl

about 2 years ago
EnerMech bags two deals thanks to its brand-new joint venture in Azerbaijan
Business Developments & Projects

EnerMech scores two ‘major’ pipeline pre-commissioning contracts offshore Malaysia

UK-based oilfield services provider EnerMech has won two “significant” pipeline pre-commissioning contracts offshore East Malaysia to expand pipeline and subsea activities within the region in deep and shallow water environments. According to EnerMech, the contracts are secured with two tier-one cli

about 2 years ago
Gearbulk
Business Developments & Projects

Gearbulk orders 2 more ammonia/methanol-ready open hatch ships

Switzerland-based shipping company Gearbulk has ordered two additional ammonia/methanol conversion ready 82,300 dwt open hatch newbuildings in China.

about 2 years ago
Gas from Argo Cassiopea field is transported to Gela processing plant; Source: Eni
Business Developments & Projects

Italy’s ‘most important’ gas project goes live leaving near-zero emissions in its wake

Eni has hit a new milestone with the start-up of a gas project at an offshore field in the Strait of Sicily, describing the field as the most important gas development project in Italy.

about 2 years ago