Business Developments & Projects
SEA-KIT one step closer to developing first type-approved USV control system
UK-headquartered SEA-KIT International has launched a proprietary vessel control system (VCS) with the goal of enhancing the capability of its uncrewed surface vessels (USVs). As part of the development, new autopilot and drive modules have been built into SEA-KIT’s existing, purpose-built remote he
Shell prolongs Aker Solutions’ work on natural gas facility serving Norwegian Sea field
Aker Solutions has secured a long-term contract extension with Shell for a natural gas processing plant in Norway.
Another North Sea project hit by cost inflation as capex estimate goes up
Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.
Johan Castberg FPSO still on track for first oil next year but cost estimate jumps to $7.4 billion
Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.
New gas discovery in North Sea seen as ‘exciting’ play opener
Norwegian oil and gas company DNO Norge has made a new gas condensate discovery in the Norwegian sector of the North Sea.
Coming to grips with a mixed bag of energy transition expectations
As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.
Are we ready for ammonia?
Over the course of the past year, the maritime industry has witnessed a remarkable surge in projects centered around ammonia as a sustainable ship fuel. Ammonia-powered ship types, fueled by zero-emission ambitions, have taken center stage at this year’s Gastech in Singapore, capturing the imaginati
Fluxys forms hydrogen partnership with Oman’s OQGN
Belgium’s energy infrastructure company Fluxys has strengthened its partnership with Omani state-owned transmission system operator OQ Gas Networks (OQGN) to explore areas of strategic cooperation in the development of Oman’s hydrogen and CO2 infrastructure. Following an invitation to become an anch
Gazprom delivers its first LNG via Northern Sea Route
Russia’s Gazprom has announced that its own-produced shipment of liquefied natural gas (LNG) at the complex near the Portovaya CS was completely unloaded from the Velikiy Novgorod LNG tanker at the Tangshan LNG import terminal in China. Gazprom noted it was the first time its own-produced LNG was de
European JV to deliver project that aims to revolutionize Senegal’s power infrastructure
A UK-Belgium joint venture has secured a $200 million contract to deliver onshore and offshore works for two links in Senegal as part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. The award is for the Senegal Pow
Potential sale of operatorship and stake in giant undeveloped North Sea discovery underway
Orcadian Energy has set the wheels into motion to sell a big chunk of its interest in a huge undeveloped North Sea field to an undisclosed player on the UK Continental Shelf (UKCS).
META starts collecting metocean data at one of its tidal test sites
META, Wales’s national marine energy test facility, has recently deployed one of its Sofar Spotter wave buoys at Criterion Jetty tidal test site in Pembroke Dock.
Triple contract win brings $260 million to DOF
Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment ins
Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects
Spanish energy company Enagás and Port of Huelva have signed an agreement to facilitate the integration of renewable gases such as hydrogen and BioLNG into the integrated logistics chain and promote future decarbonisation projects at the Enagás plant in Huelva. The agreement aims to establish the gr