Business Developments & Projects
Subsea contract with BP takes Saipem to Azerbaijan
Italian oilfield services provider Saipem has signed a framework agreement with UK’s energy giant BP for the delivery of subsea services offshore Azerbaijan. The framework agreement, signed between BP Exploration (Caspian Sea) and a consortium composed of Saipem Contracting Netherlands, BOS Shelf an
First shore power facility in the Mediterranean goes live
MSC World Europa has officially inaugurated a shore power facility in Valletta, Malta – the first to be operational in the Mediterranean Sea.
Dutch player’s North Sea field starts producing gas
Petrogas E&P Netherlands, an affiliate of Oman-based Petrogas E&P, has started production on a gas field in the Dutch North Sea.
UAE player wins H2Global pilot auction for ‘significant’ renewable ammonia supply to Europe
Abu Dhabi-based Fertiglobe, a strategic partnership between ADNOC and OCI Global, has emerged as the winning bidder of the first H2Global pilot auction for renewable ammonia, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). As the winning bidder, Fertiglobe will
Community feedback leads to change of Scottish subsea link’s substation site
Following community feedback that caused the previous proposal to be discounted, SSEN Transmission has identified an alternative site on Lewis for the proposed new HVDC convertor station and AC substation for the Western Isles HVDC link. The proposed new site, located on an area of land owned by the
Vallourec lands contract with TotalEnergies for Angolan deepwater project
Vallourec will supply TotalEnergies with its VAM connections and CLEANWELL, a dope-free, environmentally-friendly solution.
Vattenfall, Metsähallitus award geophysical survey contracts for Finnish offshore wind farm
Vattenfall and Metsähallitus have awarded GEOxyz and Arctia contracts to provide geophysical surveys for the Korsnäs offshore wind farm in Finland. Vattenfall became a Metsähallitus project partner for the Korsnäs offshore wind farm in December 2022. The surveys involve mapping a 280 square-kilomete
COSCO’s 7,500 CEU LNG dual-fuel car carrier begins maiden voyage
COSCO Shipping’s 7,500 CEU LNG dual-fuel car carrier Liao He Kou has started its maiden voyage to Europe.
€2.4M seed funding to boost Dutch company’s ocean energy ambitions
Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has closed its seed funding round, raising €2.4 million.
Equinor cleared to take Odfjell Drilling semi-sub rig to Norwegian Sea
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian Offshore Directorate (NOD) to drill a wellbore in the Norwegian Sea using an Odfjell Drilling rig. The NOD has granted Equinor a drilling permit for wellbore 6610/7-3 in production license 1014, which was awarded on
First offshore building blocks for Norwegian player’s large North Sea development put in place
Aker BP has installed the first 5 of the 9 subsea templates built by Marketex Offshore Constructions (MOC) for its “major” North Sea project.
Liquid Wind and Uniper forge alliance to boost development of eFuels
Liquid Wind and Uniper signed a strategic partnership agreement to boost eFuel facilities’ development for fossil-free eMethanol production.
Swiss company to source US LNG from Shell to European customers
Switzerland-headquartered energy company MET Group has signed a long-term agreement with energy giant Shell for the supply of liquefied natural gas (LNG) sourced from the U.S. to its European customers. MET Group reported it had entered into a ten-year free-on-board (FOB) LNG purchase agreement with
Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy
To further boost its hydrogen investment plans, Enagás has reached an agreement to sell its 30.2% shareholding in Tallgrass Energy to Blackstone Infrastructure Partners for $1,100 million (€1,018 million).