Business Developments & Projects
Stena Bulk bids farewell to its last LNG tanker
Sweden’s Stena Bulk has no more LNG carriers in its fleet after selling the remaining one to an undisclosed Asian buyer.
More time with Shell for Golden Energy Offshore vessel
Golden Energy Offshore Services (GEOS) has secured a contract for a platform supply vessel (PSV) with Shell UK.
Issue at North Sea gas project has TotalEnergies considering impact on timeline for full capacity
TotalEnergies is contemplating the effect an issue may have on the schedule for reaching full technical capacity at its natural gas project off the coast of Denmark.
Sunfire to conduct FEED study for 500 MW green hydrogen project in Europe
Sunfire will provide a FEED study for an undisclosed 500 MW hydrogen project in Europe, scheduled for operation by 2028.
KBR’s ammonia technology selected for Fortescue’s energy project in Norway
KBR has signed a contract to provide its green ammonia technology K-GreeN for Fortescue’s Holmaneset green energy project in Norway.
TechnipFMC orders buoyancy modules for Equinor’s giant UK oil & gas field
Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.
First oil gushes out of BP’s giant new offshore platform in Azerbaijan
BP has started oil production from its new 48-slot production, drilling, and quarters platform in the Caspian Sea off the coast of Azerbaijan.
DFDS-H2 Energy study takes a deep dive into hydrogen ecosystem for RoRo
Danish ferry and logistics company DFDS and Switzerland-based hydrogen specialist H2 Energy have published a new hydrogen propulsion feasibility study covering the main aspects of a complete hydrogen ecosystem for the roll-on/roll-off (RoRo) ferry Magnolia Seaways on the Esbjerg-Immingham-Esbjerg ro
DEME wins ‘most extensive’ cabling contract in company’s history
Cable solutions provider Prysmian has selected DEME to provide the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands. This is the most extensive cabling award in DEME’s history and marks the company’s first project involving Prysmi
Norwegian seismic duo receives local clearance for merger
Norwegian seismic companies PGS and TGS have received clearance from the Norwegian Competition for their merger. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine the two firms and create a strong full-service energy data company. The companies’ shareholders
Cyprus-based firm pools resources with UK player to widen its offshore energy market reach with two vessels
Pelagic Partners has invested in two PSVs, joining forces with UK’s Borealis Maritime and thus boosting its offshore energy asset exposure.
Carnegie’s wave energy converter step closer to deployment at BiMEP
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has achieved a milestone as part of the ACHIEVE project, coming one step closer to deploying its CETO wave energy converter in the Basque Country, Spain. CWEI passed the EuropeWave Authorisation to Proceed (ATP) mil
Shearwater buys equity stake in Swiss provider of 3D imaging services
The FWI, a seismic data processing technology, enhances subsurface structure visualization, improves reservoir comprehension, and facilitates more efficient survey planning and execution, said Shearwater.
Fresh oil discovery making room for potential tie-back to existing North Sea infrastructure
Vår Energi has found more oil in the Balder area, located in the central North Sea off the coast of Norway.