Business Developments & Projects

UK firm boosts portfolio with new license close to North Sea gas field
Deltic Energy has accepted one of the two licenses provisionally awarded under the UK’s 33rd offshore licensing round by the NSTA.

Tender process opens for UK’s largest proposed HVDC transmission project
SSEN Transmission has opened the tendering for cable and converter work packages for Eastern Green Link 3 (EGL3), the UK’s largest proposed HVDC transmission project, which will link Peterhead in Scotland and Norfolk in England. EGL3, a joint venture between SSEN Transmission and National Grid Elect

Mystery customer reserves 500 MW of ITM Power’s electrolyzer stacks
ITM Power has signed a 500 MW capacity reservation with an undisclosed global industrial customer, securing future production capacity for the manufacturing of its electrolyzer stacks.

Tekmar bags €4 million contract for its cable protection system
“This contract, where we are partnering with a new customer, is testament to our strong in-house engineering capabilities, which enable us to address customers’ complex engineering requirements and optimise and de-risk projects,” said Alasdair MacDonald, CEO of Tekmar Group.

Fratelli Cosulich books new methanol-ready chemical bunker tankers in China
Fratelli Cosulich has made a new investment in alternative fuels by ordering two advanced methanol-ready chemical bunkering tankers.

Equinor brings online first of five oil & gas tie-backs to existing platform offshore Norway
Equinor has started production from the first well in its planned five-well project on the Norwegian Continental Shelf (NCS), being developed as a tie-back to an existing offshore platform in the Norwegian Sea.

‘Industry-first’ as Prysmian installs HVDC cable in waters over 2,000 meters deep
Italian cabling giant Prysmian Group has performed what is said to be the industry’s first installation of an HVDC cable at a water depth of 2,150 meters. Prysmian completed the sea trial tests for ultra-deep installation of a 500 kV HVDC MI cable at a 2,150-meter water depth, stating that this is i

Stage set for next phase of multi-well drilling program offshore Türkiye
Trillion Energy has provided an update on activities relating to the operations it plans to perform at a natural gas field offshore Türkiye.

Estonian offshore wind developer seeks geotechnical survey services
Enefit Green, a renewable energy developer based in Estonia, has issued a call for tenders for geotechnical surveys at the project site of its Liivi offshore wind farm, located ten kilometers off the island of Kihnu in the Estonian part of the Gulf of Riga. The call was published on July 8 with the

TotalEnergies targets partial gas production restart from Tyra II this summer
TotalEnergies is now anticipating that gas production from its giant redevelopment project in the North Sea will partially resume during the summer.

Norwegian firm secures its first seismic node project
Norwegian Electromagnetic Geoservices (EMGS) has secured what it says is its first seismic node project, as part of its strategy to diversify its offerings and enhance vessel utilization. EMGS is set to undertake a fully pre-funded ocean bottom node (OBN) seismic survey in the Barents Sea in collabo

Study: Low-pressure CO2 ship transport chain is technically feasible
There are no technological showstoppers to a low-pressure CO2 ship transport chain, a new report found.

Prosafe flotel finds new job with North Sea oil & gas operator
Prosafe has secured a letter of award (LoI) with Ithaca Energy for work one of its flotels will undertake in the UK sector of the North Sea.

Ocean Yield’s foray into LNG to add $840 million to its backlog
Ocean Yield has revealed its intention to buy an interest in France’s Geogas LNG from infrastructure fund CVC DIF, which marks its first acquisition in the liquefied natural gas (LNG) segment.