Business Developments & Projects

Norwegian oil & gas firm bites the dust in North Sea well
Wellesley Petroleum has found no hydrocarbons in an exploration well, which was drilled using one of COSL Drilling Europe’s rigs in the North Sea off the coast of Norway.

New assignments for PSV trio come Havila’s way
Norwegian offshore vessel owner Havila Shipping has inked deals for three platform supply vessels (PSVs) with Equinor.

Installation jobs for Germany’s Wilhelmshaven 2 LNG terminal go to Norwegian and French firms
ECOnnect Energy has been hired to install a jettyless ready IQuay solution for LNG import to Wilhelmshaven.

Renewed French partnership targets vessel digitalization and improved efficiency
French cable laying and repair operations company Orange Marine has renewed and expanded its service contract with a compatriot provider of data integration and analysis services for the maritime and offshore industry as part of its move to advance fleet digitalization and operational efficiency. Th

MMA Offshore to enhance vessel’s capability with large crane order
MacGregor, part of Cargotec, has received an order it describes as “large” for the delivery of a crane for MMA Offshore’s 11-year-old multi-purpose platform supply vessel. MacGregor’s 50-tonne active heave compensated (AHC) crane will be installed on board the 83.6-meter-long MMA Valour, which provi

TotalEnergies and Air Products ink 15-year green hydrogen supply deal
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green hydrogen starting in 2030.

Allseas to take Pioneering Spirit to huge North Sea field in 2026
Allseas has secured a contract with Norwegian state-owned Equinor to perform the installation of pipeline and integrated structures at a huge oil and natural gas field in the Norwegian sector of the North Sea. Under the contract, Allseas will install the pipeline and integrated structures for the se

Green Marine and Vopak to collaborate on green methanol supply
Green Marine Fuels Trading has forged a strategic collaboration with Royal Vopak Terminals for green methanol supply in the ports of Shanghai Caojing and Tianjin Lingang, China.

Minesto’s utility-scale kite undergoes first inspection after grid-connected operation
Minesto’s utility-scale tidal energy kite, Dragon 12, is undergoing service and inspection, following the four months of grid-connected operation in Vestmanna, Faroe Islands.

Petrobras gives $245 million worth of contracts to three Solstad vessels
Norway’s Solstad Offshore has secured multiple contract awards with Brazilian oil and gas giant Petrobras that have a combined value of approximately NOK 2.6 billion (around $245 million). Petrobras has contracted the construction support vessel (CSV) Normand Poseidon and anchor handling tug supply

Two Scottish companies to decommission OpenHydro’s tidal energy platform
Two Scottish companies, Ocean Kinetics and Green Marine (UK), have made a joint venture (JV) partnership to decommission OpenHydro’s tidal energy platform in the Orkney Islands, Scotland.

Dolphin Drilling divesting and recycling rig recently acquired from Transocean
Dolphin Drilling has disclosed its intention to sell a semi-submersible rig for recycling, only months after acquiring it from Transocean.

NatPower H and Hydrocell conclude hydrogen supply deal
NatPower H and Hydrocell have signed an agreement for the supply of hydrogen to be used as a propellant for zero-emission boats.

DNV spotlights digital twin’s ability to give a shot in the UK’s energy transition arm
A new report from DNV has examined the role digital twins can play in helping the UK attain its net-zero objectives.