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Business Developments & Projects

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Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline
Business Developments & Projects

Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline

The government of Denmark has introduced new initiatives to support the country’s emerging hydrogen market with billion-scale (DKK) funding and committed to establishing a Danish-German hydrogen pipeline by 2030. The government announced the new initiatives for hydrogen as well as offshore wind mark

about 1 year ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Business Developments & Projects

FPSO refurbishment coming soon to prolong oil production to 2038 or longer

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Vaalco Energy has confirmed a timeline for the departure of a floating production, storage, and offloading (FPSO) vessel, operated by Canadian Natural Resources International (CNRI), from a deepwater oil field off the coast of Côte d’Ivoire in Africa.

about 1 year ago
Vår Energi approved to conduct more North Sea drilling
Business Developments & Projects

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
A large vessel at sea
Business Developments & Projects

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago
Jan De Nul to install new UK interconnector
Business Developments & Projects

Vattenfall and BASF gather tier 1 contractors for German offshore wind project

Vattenfall and BASF have signed contracts with EEW Special Pipe Constructions (EEW SPC) and CS Wind Offshore for component supply and with DEME and Jan De Nul for installation services for the Nordlicht 1 and Nordlicht 2 offshore wind farms in Germany. Germany’s EEW SPC will manufacture 112 monopile

about 1 year ago
Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg
Business Developments & Projects

Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg

Denmark-based towage and marine services provider Svitzer has decided to switch to biofuels at the Port of Esbjerg in line with the port’s ambition to become carbon neutral by 2030.

about 1 year ago
EU backs hydrogen infrastructure projects with over €250 million
Business Developments & Projects

EU backs hydrogen infrastructure projects with over €250 million

To help decarbonize the European Union (EU) industry, the European Commission will allocate over €250 million in grants from the Connecting Europe Facility (CEF) to 21 hydrogen infrastructure development studies.

about 1 year ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Business Developments & Projects

With 1,500 wells due for decommissioning by 2030, NSTA calls for new P&A tech trials

Since around 1,500 wells will be due for decommissioning in the UKCS between 2026 and 2030, the UK regulator North Sea Transition Authority (NSTA) said that this represents an opportunity for operators to test and adopt new well plugging and abandonment (P&A) technologies to cut costs and improve ef

about 1 year ago
Samsung Heavy selects GTT tank design for three new ethane carriers
Business Developments & Projects

Samsung Heavy selects GTT tank design for three new ethane carriers

Gaztransport & Technigaz (GTT) has secured an order from South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of very large ethane carrier (VLEC) trio.

about 1 year ago
A helicopter mid-flight
Business Developments & Projects

Norwegian firm picked to operate offshore flights for Equinor

Norwegian state-owned energy giant Equinor has awarded compatriot Lufttransport RW the operation of five new helicopters which will be used to transport passengers to offshore assets on the Norwegian Continental Shelf (NCS).

about 1 year ago
Santos awards $40M helicopter services contract in Timor-Leste
Business Developments & Projects

Santos awards $40M helicopter services contract in Timor-Leste

Australian energy player Santos has awarded a joint venture formed in 2020 with a $40 million contract for the delivery of helicopter transportation services in Timor-Leste. Under the contract structured for an initial 12-month period with options for two six-month extensions, Weststar-GAP Aviation

about 1 year ago
German consortium sets out to activate fuel cell technology for cruise ships
Business Developments & Projects

German consortium sets out to activate fuel cell technology for cruise ships

Meyer Werft and its consortium partners launched a new research project focused on fuel cell technology powered by green methanol for cruise ships.

about 1 year ago
Another offshore wind job for TGS in UK
Business Developments & Projects

Another offshore wind job for TGS in UK

Norway-based energy data and intelligence company TGS has secured another contract for offshore wind site characterization on the UK Continental Shelf (UKCS). To remind, TGS reported earlier this week it was set to kick off offshore wind site characterization in the UK in the first quarter of 2025 u

about 1 year ago
A large vessel at dock
Business Developments & Projects

Venture Global and Baker Hughes expand collab on US LNG plants

U.S. liquefied natural gas (LNG) export project developer Venture Global has placed an order with energy company Baker Hughes for equipment for its LNG projects in the United States. The duo has also signed a multi-year services frame agreement.

about 1 year ago