Business Developments & Projects

Equinor contracts Optime Subsea for ROCS deployment at Irpa field
Norwegian state-owned energy giant Equinor has contracted a compatriot provider of subsea solutions for the oil & gas industry, Optime Subsea, to deliver two remotely operated systems (ROCS) at the operator’s Irpa field. Equinor’s latest award follows just three months after the company procured ROC

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

ABB to install shore power for DEME vessels in Port of Vlissingen
Switzerland-based technology company ABB has secured a contract to deliver shoreside shore connection installations allowing DEME’s diverse fleet to avoid emissions when berthed in the port of Vlissingen, the Netherlands.

2 GW subsea electricity superhighway first to progress through Ofgem’s fast-track process
UK energy market regulator Ofgem has selected a 2 GW high-voltage direct current (HVDC) subsea cable as the first project to proceed under the new fast-track process and to receive a provisional £2 billion funding package. Eastern Green Link 1 (EGL1) is being developed by National Grid Electricity T

RWE’s plans for green hydrogen production in Teesside gain ground
RWE is advancing plans for Teesside green hydrogen plant with the acquisition of a land option at Wilton International.

GTT bags new LNGC and VLEC tank design order
GTT has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two LNGCs and a VLEC.

SKF joins Ocean Energy Europe as lead partner
Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne

Multi-million trifecta brings more work to UK firm with BP, TotalEnergies, and Centrica
Asco has pulled off a hat trick of new contract extensions, worth over £20 million (nearly $25.6 million), with three energy players.

OEG wins East Anglia Three UXO contract
OEG Renewables’ subsidiary Hughes Subsea has been awarded a contract to carry out an unexploded ordnance (UXO) identification and clearance campaign on the 1.4 GW East Anglia Three offshore wind farm site in the UK. The campaign is expected to last six months, commencing in mid-March and continuing

Amogy and Green Ships sign ‘groundbreaking’ contract for ammonia power solution
Amogy and Green Ships Invest signed a commercial contract to deploy Amogy’s technology on carbon-free electrical platform supply vessels.

Sulmara secures geo work at 1 GW Scottish floating offshore wind project
Stromar, a joint venture between Ørsted, BlueFloat Energy, and Renantis, has awarded Sulmara with a contract to conduct site characterization work at the namesake 1 GW floating offshore wind farm in Scotland. For this work, Sulmara will utilize the 60-meter multi-purpose subsea vessel Vos Gorgeous t

Seven firms set for ORE Catapult-led Fit for Offshore Renewables program
Seven firms from north Scotland and Orkney have been chosen for the first Fit For Offshore Renewables (F4OR) program in the region. The F4OR supply chain growth program, led by the Offshore Renewable Energy (ORE) Catapult, takes the companies 12-18 months to complete. The seven companies that were s

Topsoe reaches new milestone in SOEC electrolysis technology development
Topsoe has run a 2,000-hour SOEC electrolyzer demonstration in industrial conditions of 12 SOEC stacks to demonstrate the technology’s capabilities.

EU and Faroe Islands strengthen ties on green transition and climate change
The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre