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Business Developments & Projects

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UK’s Portland Port approved for LNG ship-to-ship transfers
Business Developments & Projects

UK’s Portland Port approved for LNG ship-to-ship transfers

Portland Port in the UK has received full approval to carry out liquefied natural gas (LNG) ship-to-ship (STS) transfers, adding to its existing oil and liquified petroleum gas (LPG) transfer services. At the port based in South Dorset, STS operations can be performed alongside one of the berths or

about 6 months ago
DOF’s subsea vessel completes ‘major’ makeover at VARD
Business Developments & Projects

DOF’s subsea vessel completes ‘major’ makeover at VARD

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Norway’s VARD has completed upgrades of DOF Group’s 2018-built subsea vessel Skandi Minder to strengthen its capabilities and extend service life. The repair and conversion described as “major” were performed at Vard Langsten and included a remotely operated vehicle (ROV)/LARS upgrade with installat

about 6 months ago
Illustration; Source: OMV
Business Developments & Projects

BP executive becomes OMV’s first female CEO

Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the

about 6 months ago
Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping
Business Developments & Projects

Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping

UK-based classification society Lloyd’s Register and South Korea’s Pusan National University (PNU) have signed a memorandum of understanding (MoU) to establish the first-ever global certification framework for liquid hydrogen shipping. The framework aims to create the first internationally recognize

about 6 months ago
North Sea topside decom ops; Source: Mammoet
Business Developments & Projects

North Sea topside decom ops benefit from integrated load-ins

Netherlands-based heavy lifting and transport provider Mammoet has streamlined two topside decommissioning projects in the North Sea by employing combined planning to curb costs and delivery time.

about 6 months ago
OKEA
Business Developments & Projects

OKEA sheds its stake in Norwegian gas/condensate discovery

Norway’s oil and gas company OKEA has struck a deal with Japex Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to divest its interest in an offshore gas/condensate discovery on the Norwegian Continental Shelf (NCS).

about 6 months ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business Developments & Projects

Probe underway as rig ops come to a standstill after blowout preventer drop

Scotland-headquartered offshore drilling contractor Odfjell Drilling has reported an equipment-handling incident on a 17-year-old semi-submersible, which halted rig activity pending repairs.

about 6 months ago
renewable
Business Developments & Projects

World’s first global shipping carbon price talks back at UN’s bargaining table

As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend th

about 6 months ago
‘World’s first’: Methane removal system debuts at sea
Business Developments & Projects

‘World’s first’: Methane removal system debuts at sea

A U.S.-UK partnership has launched what is said to be the first-ever pilot project that will see the extended at-sea trial of a system designed to remove methane during normal ship operations. California-headquartered climate technology company Bennu Climate and Lomarlabs, an innovation arm of Lomar

about 6 months ago
93-meter subsea support vessel stays with Mermaid Subsea Services
Business Developments & Projects

93-meter subsea support vessel stays with Mermaid Subsea Services

Aberdeen-headquartered Mermaid Subsea Services (UK) has further extended its contract with the subsea support vessel Island Valiant, which it has used for North Sea operations for the last three years. Mermaid Subsea Services began using the 93.4-meter-long vessel in 2024 for well plug & abandonment

about 6 months ago
Schottel equips two Spanish hybrid tankers with propulsion
Business Developments & Projects

Schottel equips two Spanish hybrid tankers with propulsion

German propulsion system manufacturer Schottel is set to deliver the propulsion package for a second hybrid chemical tanker owned by Spanish shipowner Mureloil that transports biofuels and methanol. The propulsion is destined for the 8,000 DWT hybrid chemical tanker Bahía Beatriz, built by Spanish s

about 6 months ago
Illustration. Source: BOEM
Business Developments & Projects

Shipyard-based rig intake and inspection gigs on ModuSpec’s worksheet

MR Group’s ModuSpec, a rig and well control equipment specialist, has secured multiple shipyard rig intake projects, supporting drillship and jack-up readiness for deployment across Europe and Africa.

about 6 months ago
Troll - Equinor
Business Developments & Projects

New item added to Axess’ Norwegian oil & gas assignment with Equinor

Norway-headquartered asset integrity management company Axess Group has expanded its deal with Equinor, a compatriot state-owned energy giant, to include an additional scope of work in the Norwegian sector of the North Sea.

about 6 months ago
Stena DrillMAX drillship; Source: Stena Drilling
Business Developments & Projects

Stena Drilling’s drillship finds job in Greece

Scotland-headquartered offshore drilling contractor Stena Drilling has lined up a new assignment for its 2008-built mobile offshore drilling unit (MODU) off the coast of Greece.

about 6 months ago