Business Developments & Projects
Another Finland-Estonia electricity interconnection shut down due to technical fault
After the second HVDC electricity interconnection between Estonia and Finland named EstLink 2 went offline due to cable system failure, Estonian transmission system operator (TSO) Elering reported that a fault had also been detected in the first electrical connection between the two countries. EstLi
After drilling ops with Valaris rig, gas flows from North Sea well
Perenco has brought on stream a near-field discovery within the Ravenspurn South area of the Southern North Sea.
Sumitomo places multi-million-pound cable carousel order for its Scottish factory
Japan-headquartered Sumitomo Electric Industries has placed a multi-million-pound order for cable storage carousels for its power cable factory in Scotland. THREE60 Energy reported it had signed a contract with Sumitomo to design and deliver cable storage carousels for the power cable factory in Nig
UK program to help subsea professionals return to work after career break
Three UK partners have come together to deliver a cross-sector program to support returners back to the underwater sector after a career break or to transfer their skills from another sector. The Global Underwater Hub and the Engineering Construction Industry Training Board (ECITB) have partnered wi
Minesto joins acceleration program that backs entry into Southeast Asian market
Swedish tidal energy developer Minesto is taking part in an acceleration program that is set to strengthen its business capabilities in the Southeast Asia region. Minesto has been awarded a place in the Business Acceleration Programme Southeast Asia (BAPSEA) joint program by the Swedish Energy Agenc
Shelf Drilling hands out North Sea job to Norwegian firm
Offshore drilling contractor Shelf Drilling has handed out a contract for waste management services in the North Sea to Soiltech.
New acquisition expands NextChem’s hydrogen, ammonia, and methanol portfolio
NextChem, a subsidiary of an international industrial group Maire Tecnimont S.p.A, has entered into a binding agreement to acquire 100% of Germany-based GasConTec (GCT), a company specialized in technology development and process engineering, expanding its competencies in low-carbon hydrogen, ammoni
Following retrofit, 2000-built vessel arrives in US to perform offshore wind work
Following a retrofit campaign, TDI-Brooks’ new research vessel has arrived on the U.S. East Coast where it will perform offshore wind work. The RV Nautilus, formerly known as Nautical Geo, reached the shores of the East Coast on March 3 after undergoing a six-month retrofit in Las Palmas. The 75-met
Wheels in motion for Aker BP to embark on drilling ops with Saipem rig
Aker BP has received consent from to use one of Saipem’s semi-submersible rigs for exploration activities in the Barents Sea.
Germany urged to follow in US footsteps and put an end to ‘LNG bonanza’
Environmental Action Germany (Deutsche Umwelthilfe – DUH), a non-governmental environmental and consumer protection organization, has called for the adoption of a moratorium like the one in place in the U.S. to stop – what it deems to be – unbridled LNG expansion in Germany. As the German Minister f
EU’s ties to Russian gas: LNG tanker routes pinpoint ports in four European countries as touchpoints
Research shows that the EU has not severed its gas bonds with Russia, as four countries still facilitate deliveries of its LNG.
Norwegian Hydrogen-led consortium to set up hydrogen ecosystem at Danish port
Green hydrogen producer Norwegian Hydrogen, in collaboration with a consortium of ten partners, has launched a new project that aims to develop an integrated green hydrogen value chain at the Port of Hirtshals in Denmark. Norwegian Hydrogen will be the coordinator of the so-called CONVEY project whi
Equinor, Polenergia tap RockWave for subsurface data reprocessing
Equinor and Polenergia have awarded RockWave a contract for subsurface data reprocessing for the 1,560 MW Bałtyk 1 offshore wind farm in Poland. The contract scope involves the reprocessing of sparker ultra-high resolution seismic (UHRS) data to create an optimized subsurface image. The new data wil
Harland & Wolff secures five-year contract for subsea infrastructure fabrication
Northern Ireland-based Harland & Wolff has inked a five-year master services agreement with what it says is a global oil services company for the fabrication of subsea structures. The work will take place at the Arnish yard situated on the Isle of Lewis. Harland & Wolff received its first purchase