Business Developments & Projects
Equinor prolongs Archer’s North Sea assignment for 24 months
Oil services company Archer has won a two-year contract extension with Norwegian state-owned energy giant Equinor in the North Sea.
HelioRec completes inspection of 25 kW floating solar power plant
France-based start-up HelioRec has finished the inspection of the 25 kW floating solar power plant that is located at Brest Port, France.
‘No transition without transmission’ as Europe needs at least 5 new electricity corridors, CEO of Greek TSO says
“There can be no transition without transmission,” Manos Manousakis, Chairman and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO), said at the General Assembly of the European Network of Transmission System Operators for Electricity (ENTSO-E), highlighting the i
EU project adds ‘missing brick’ with innovative approach to WEC testing
The European project IMPACT has created an “innovative approach” for testing wave energy converter (WEC) reliability, performance, and destructivity with the dual hardware-in-the-loop (Dual HIL) platform which tests different parts of the WEC simultaneously.
SLB OneSubsea’s new contract takes it to Equinor’s all-electric subsea project
SLB has secured a contract with Norwegian state-owned energy giant Equinor under which it is set to deliver the front-end engineering design (FEED) for an all-electric subsea project in Norway’s waters. As part of the agreement, SLB will deliver the FEED of a 12-well, all-electric subsea production
HGK Shipping’s future fuel-ready gas tanker gets Green Award certification
GAS 95, an environmentally-friendly diesel-electric gas tanker owned by HGK Shipping, has received the Green Award in Gold certification.
Argus launches low-carbon ammonia benchmark to assist trading
Argus has launched a Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) to assist companies trading low-carbon hydrogen products distributed to markets in Northeast Asia.
British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle
TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.
Fugro surveying offshore wind site for RWE, Mitsui and Osaka Gas in Japan
Fugro has secured a contract to conduct site characterization for an offshore wind farm in Japan, which will be developed by a consortium including RWE, Mitsui, and Osaka Gas. The fieldwork started in May 2024 and is being performed from Fugro’s self-elevating platform (SEP), the Amberjack, and two
THREE60 secures contract with EMEC to advance marine energy projects
Aberdeen-based THREE60 Energy has been awarded a three-year contract with the Orkney-based European Marine Energy Centre (EMEC) to deliver electrical services to support the demonstration of renewable energy projects.
Clean Hydrogen Partnership opens call for tender to set up Hydrogen Valleys Facility
The Clean Hydrogen Partnership has published a call for tender to set up and run a Hydrogen Valleys Facility.
Russia and Iran enhance energy ties as Gazprom walks off with fresh gas supply deal
Gazprom has signed a strategic MoU on facilitating pipeline supplies of Russian natural gas to Iran with the National Iranian Gas Company.
Aberdeen-based energy services firm buys local subsea engineering company
Aberdeen-based energy services company THREE60 Energy has acquired a local subsea engineering company with the aim of enhancing its capabilities. With the acquisition of Samphire Subsea, THREE60 said it expects to further enhance its lifecycle solutions offering by adding subsea engineering, operati
Indian Hygenco and Swiss Ameropa eye green ammonia collaboration
Hygenco Green Energies and Ameropa have signed a term sheet in view of the potential supply of green ammonia from Hygenco’s planned ammonia project in Odisha, India.