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Business Developments & Projects

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Business Developments & Projects

Sea1’s offshore energy support vessel getting lights from Glamox this month

Four offshore energy support vessels (OESVs) being built in China for Norwegian offshore services provider Sea1 Offshore will sport lights from Glamox, with the first delivery to take place this month. Sea1 Offshore placed the order for the first two OESVs with Cosco Shipping in November 2024, revea

about 6 months ago

Business Developments & Projects

Samsung Heavy Industries handpicks GTT for LNG vessel’s tank design

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French technological containment specialist Gaztransport & Technigaz (GTT) has won a new tank design job for a liquefied natural gas (LNG) carrier (LNGC) with South Korea’s Samsung Heavy Industries.

about 6 months ago

Illustration; Credit: Morten Berentsen/NOD

Business Developments & Projects

Norway eyes enhanced oil & gas recovery projects to boost production

Given its aim to increase oil and gas output on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has spotlighted the use of advanced methods as a solution to curb production decline.

about 6 months ago

FPSO Goliat; Credit: Øyvind Gravås/Vår Energi

Business Developments & Projects

Vår Energi unveils $360 million investment in Barents Sea field

Norwegian oil and gas player Vår Energi has handed out a revised plan for development and operation (PDO) of a project in the Barents Sea to Norway’s Ministry of Petroleum and Energy to enable higher production for longer from an offshore field.

about 6 months ago

FSRU conversion works for EemsEnergyTerminal are now underway; Source: Exmar

Business Developments & Projects

Exmar embarks on FSRU conversion job for Dutch LNG terminal

Belgian shipping company Exmar has started the conversion works for a new floating storage regasification unit (FSRU) destined for the expansion of a liquefied natural gas (LNG) terminal in the Netherlands.

about 6 months ago

Business Developments & Projects

AF Gruppen buys Acteon business to expand its decom and offshore wind offering

Norway’s AF Gruppen is acquiring Aberdeen-headquartered Claxton, a provider of technology-driven services and engineering primarily within offshore decommissioning, from the UK-headquartered Acteon Group for an agreed enterprise value of £63.5 million (around €72.8 million). The transaction comprise

about 6 months ago

Business Developments & Projects

South Korean giant taps Wärtsilä for very large ethane carrier pair

Wärtsilä Gas Solutions, part of Finland’s technology group Wärtsilä, has been hired to supply certain equipment for two new very large ethane carrier (VLEC) vessels being built at South Korea’s Hyundai Heavy Industries (HHI) shipyard.

about 6 months ago

Borgland Dolphin drilling rig; Source: Dolphin Drilling

Business Developments & Projects

Dolphin Drilling’s 1977-built rig gets hold of new multi-year gig

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has won a potential long-term job with an undisclosed oil and gas player for one of its semi-submersible rigs.

about 6 months ago

Business Developments & Projects

Perenco enlarges its Southern North Sea asset arsenal

Perenco UK (PUK), part of Anglo-French oil and gas player Perenco, has augmented its portfolio in the Southern North Sea, with the acquisition of two licenses on the UK Continental Shelf (UKCS).

about 6 months ago

Business Developments & Projects

TGS wins third offshore wind contract for summer season in Europe

Norwegian energy data and intelligence company TGS has won another contract to deploy its seismic vessel Ramform Vanguard for an offshore wind site characterization campaign in Europe. Under the contract that has a duration of approximately one and a half months, Ramform Vanguard will commence data

about 6 months ago

Fenris topside sails from Aker Solutions' yard in Verdal; Source: Aker BP

Business Developments & Projects

WATCH: Aker BP making inroads at North Sea oil & gas projects

Norwegian oil and gas player Aker BP has progressed the development of its projects on the Norwegian Continental Shelf (NCS).

about 6 months ago

Business Developments & Projects

Hull assembly starts for Asso.subsea’s new cable layer as keel is laid

China Merchants Heavy Industry (CMHI) has held the keel laying ceremony for Asso.subsea’s new cable-laying vessel (CLV), marking the start of the vessel’s assembly. The keel laying ceremony was held on April 9 at CMHI’s shipyard on Mazhou Island, Shenzhen, some five months after the start of constru

about 6 months ago

Business Developments & Projects

Under €28M contract, NextGeo to survey cable route for new Italian interconnection

Terna, Italy’s national grid operator, has awarded Next Geosolutions (NextGeo) with a contract valued at over €28 million for preliminary marine survey and environmental characterization services for a new high-voltage direct current (HVDC) interconnector that will link Lazio and Lombardy. NextGeo w

about 6 months ago

Business Developments & Projects

TotalEnergies combines strengths with TPAO for oil & gas exploration ops

France-headquartered energy giant TotalEnergies is pooling resources with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to embark on hydrocarbon exploration activities.

about 6 months ago