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Business Developments & Projects

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Aker Solutions bags FEED contract for Lithuanian CO2 terminal
Business Developments & Projects

Aker Solutions bags FEED contract for Lithuanian CO2 terminal

Lithuanian liquefied natural gas (LNG) terminal operator KN Energies has awarded Aker Solutions with a front-end engineering and design (FEED) contract for its CO2 transshipment terminal infrastructure project in Klaipėda. The planned terminal is expected to have a capacity of approximately 2.8 mill

about 7 months ago
Norway-made adaptive mooring technology pilot installed at Portuguese testing site
Business Developments & Projects

Norway-made adaptive mooring technology pilot installed at Portuguese testing site

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Oslo-headquartered Fred. Olsen 1848 has completed the pilot installation of automatic Tension Buoys at Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation, an adaptive mooring technology designed to ensure stability and performance fo

about 7 months ago
An offshore rig
Business Developments & Projects

More oil unearthed in Norwegian waters as Equinor strikes black gold again

Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 7 months ago
Training simulator in the making for Jan De Nul’s Fleeming Jenkin
Business Developments & Projects

Training simulator in the making for Jan De Nul’s Fleeming Jenkin

Jan De Nul has appointed the Dutch company Tree C Technology to develop a training simulator for its XL cable-laying vessel (CLV) Fleeming Jenkin. Jan De Nul placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard in October 2023, followed by an order for another identical vessel, named

about 7 months ago
Morecombe; Source: Spirit Energy
Business Developments & Projects

Spirit Energy books AG on multi-year North Sea gig

Spirit Energy, an energy company with two shareholders consisting of Centrica (69%) and Stadtwerke München GmbH SWM (31%), has hired AG Consultancy and Apps (AG), an independent SAP consultancy, on a long-term assignment to support its assets in the North Sea.

about 7 months ago
Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands
Business Developments & Projects

Minesto’s microgrid-scale tidal energy powerplant begins producing in Faroe Islands

Swedish tidal energy developer Minesto has begun production from its 100 kW microgrid-scale powerplant Dragon 4 to the Faroese grid. This is said to be a preparatory first step of the microgrid project, partly funded by the Swedish Energy Agency and in close collaboration with project partners, incl

about 7 months ago
S‑92 helicopter; Source: Bristow
Business Developments & Projects

Bristow’s helicopter pair tasked with flights across Norwegian oil & gas fields

Bristow Norway, a subsidiary of the offshore aviation services provider Bristow Group, has secured a multimillion-dollar assignment on the Norwegian Continental Shelf (NCS) for two helicopters with Norway’s state-owned energy giant Equinor.

about 7 months ago
Noble Integrator jack-up rig; Source: Noble Corporation
Business Developments & Projects

Aker BP picks up clearance for oil & gas drilling ops with Noble rig

Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant.

about 7 months ago
Corinth Pipeworks to buy 100-year-old LSAW pipes facility in UK
Business Developments & Projects

Corinth Pipeworks to buy 100-year-old LSAW pipes facility in UK

Greek Corinth Pipeworks, part of Belgium’s Cenergy Holdings, has entered into an agreement to acquire a 100-year-old longitudinal submerged arc welding (LSAW) pipe mill in the UK for a total consideration of GBP 10 million (around €11.45 million). Corinth Pipeworks UK Ltd and the joint administrator

about 7 months ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

Germany’s SEFE nails down 8-year LNG offtake with South American firm

Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop of rising energy security concerns that are looming over Europe and the globe in the wake of the U.S.-Israel military opera

about 7 months ago
Dynamic positioning technology is expected to help define a global operating model for the future of DP operations for the maritime industry. Courtesy of Kongsberg Maritime
Business Developments & Projects

Seadrill, Kongsberg Maritime, and Hanwha set on ushering in next gen remote DP tech for offshore drilling

Three players – Seadrill, an offshore drilling contractor, Kongsberg Maritime (KM), a technology player, and Hanwha Drilling, a provider of offshore drilling services – have forged an alliance to develop the next generation of remote dynamic positioning (DP) technology to establish new standards for

about 7 months ago
Subsea7
Business Developments & Projects

Subsea7’s scope at Türkiye’s largest natural gas field further extended

Subsea7 has secured an extension to the contract with Turkish Petroleum Offshore Technology Center (TP-OTC) announced in August 2025 for the third development phase of Türkiye’s largest natural gas field. The variation order announced today, March 4, represents an extension to the contract announced

about 7 months ago
FPSO Triton
Business Developments & Projects

Dana Petroleum puts IKM Testing UK on FPSO shutdown duty in North Sea

IKM Testing UK, an integrated solutions provider within the IKM Group, has got hold of a new offshore assignment with Aberdeen-headquartered Dana Petroleum (E&P) for a floating production, storage, and offloading (FPSO) unit working in the UK sector of the North Sea.

about 7 months ago
SolarDuck: Advisory board to help integrate floating solar tech within CCS and offshore energy sectors
Business Developments & Projects

SolarDuck: Advisory board to help integrate floating solar tech within CCS and offshore energy sectors

Dutch-Norwegian SolarDuck has launched an advisory board to support the integration of its offshore floating solar technology within the carbon capture and storage (CCS) and wider offshore energy sectors. The board will initially consist of two members, including Neil Kavanagh, formerly Chief Scient

about 7 months ago