Business Developments & Projects
Italian TSO puts submarine drone for seabed surveys to test
Italian transmission system operator (TSO) Terna has launched a project in cooperation with U.S. startup Terradepth focused on testing innovative approaches to surveying the seabed for planning environmentally friendly submarine electrical connections. As part of Project Odisseo, the first test was
With ‘high’ oil & gas activity in 2023, more exploration in frontier areas on Norway‘s wish list
Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.
New joint venture to scale up renewable energy use in Port of Hamburg
Hamburg Port Authority (HPA) and electricity supplier Hamburger Energiewerke (HEnW) have decided to create a joint venture to drive forward the decarbonisation of the Port of Hamburg.
Green light for drilling ops that may bring more gas to Denmark’s largest natural gas hub
A FID has been taken to drill a well in the Harald East area, enabling any discovered gas to be exported through the Tyra facilities.
Two firms pool resources to secure top spot in rig inspection market
ABL’s Rig Inspection division and Integrity HSE have forged a strategic alliance in a bid to expand their suite of offerings and services.
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati
Great Eastern Shipping teams up with Harbor Lab
India’s largest private shipping company Great Eastern Shipping Co. Ltd. has joined forces with Greece-based maritime software company Harbor Lab in a digitalization partnership aimed at optimizing port cost management. Under the collaboration, Great Eastern Shipping has chosen to utilize the full s
Subsea7 hires Global Energy Group for work on Aker BP project
UK-based energy sector construction, maintenance & enhancement solutions player Global Energy Group has secured a contract from Subsea7 to fabricate subsea spools and anode sled structures for one of Aker BP’s North Sea field developments. The fabrication contract is related to the East Kameleon pro
Acquisition of Norwegian company next move in DeepOcean’s effort to grow subsea offering
A couple of days after news about a charter of a converted, battery-powered vessel to boost its subsea offering, DeepOcean announced it was acquiring digital transformation company Btwn AS as part of its ambition to grow its offering within digitalization and automation of subsea operations. Btwn –
Commercial eFuels project planned in Northern Norway
U.S.-based eFuels provider Infinium and Mo Industrial Park, an industrial development zone in Northern Norway, have signed a memorandum of understanding (MoU) to develop an advanced eFuels production facility in Mo i Rana, Norway. Infinium said the project will have the capacity to produce an initia
UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea
Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna
Following pre-funding, PGS, TGS and SLB to expand seismic data coverage off Malaysia
The consortium of TGS, PGS and SLB has secured pre-funding to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia. The seventh phase of this multi-year project encompasses over 5,000 kilometers of new 2D seismic data acquisition, over 2,600 kilometers of legacy seismic dat
Gasum procures large SEFE LNG cargo to Finland’s Inkoo FSRU terminal
Finnish energy company Gasum has delivered a cargo of liquefied natural gas (LNG), procured from Germany’s SEFE (Securing Energy for Europe), to the Inkoo floating storage regasification unit (FSRU). The LNG cargo is approximately 800 GWh in size, and as already mentioned, it is supplied by SEFE, or
Equinor comes up dry in North Sea well
Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.