Business Developments & Projects

BW Offshore secures $200 million financing for North Sea FPSO
BW Offshore has signed a new $200 million facility, refinancing its existing senior secured credit facility for an FPSO working in the UK.

In focus: Transition, one step at a time
When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.

New addition to Boskalis fleet undergoing conversion to cable-laying vessel
Boskalis has expanded its fleet with a new vessel currently getting ready to be converted from a pipe-laying vessel to a cable-laying one.

Equinor getting ready to spud two North Sea wells with Shelf Drilling and Transocean rigs
Equinor has received consent from the country’s offshore safety regulator to use rigs owned by Shelf Drilling and Transocean for drilling activities in the North Sea off Norway.

Neptune all set to kick off North Sea drilling ops with Odfjell Drilling-managed rig
Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.

Hellenic Cables wins Gennaker export cable contract
Greek cable manufacturer Hellenic Cables has been awarded a contract by 50Hertz Offshore GmBH for the turnkey delivery of two export cable systems for the interconnection to the German grid of the western offshore substation of the Gennaker offshore wind farm, located in the German Baltic Sea. Helle

North Sea project comes online six months ahead of schedule
Equinor has started production from a project, which is expected to boost production by 26 million barrels of oil equivalents from a field in the North Sea off Norway.

Titan completes its first LNG bunkering operations in Hamburg
Low and zero-emission fuels supplier Titan has performed its first ship-to-ship LNG bunker operations in Hamburg, Germany. The company said it performed its first-ever ship-to-ship LNG bunkering operation in Hamburg on 31 July to Vox Ariane, Van Oord’s trailing suction hopper dredger (TSHD). The sec

All development consents in place for UK’s giant renewable electricity superhighway
To bring its largest green electricity transmission reinforcement project to life, the UK gave its consent for new converter stations and onshore and offshore cables.

Blue ammonia to be abundantly available for maritime industry by 2027, says Maersk Mc-Kinney Moller Center
Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The

Wave energy and subsea solutions specialists unite to extend O&G hubs’ lifetime
Scottish wave energy specialist Mocean Energy and Norway-based offshore energy services provider Aker Solutions Subsea have teamed up to explore how locally generated wave energy can extend the lifetime of existing oil and gas hubs by accessing stranded reserves. To this end, the two companies signe

Fugro on Salamander metocean survey duty offshore Scotland
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea 7, has selected Fugro to conduct a metocean survey for the proposed Salamander floating offshore wind project in Scotland. Scheduled to begin in September, the survey will run for approximately twelve months and gather essentia

Repurposing NASA’s tech used to search for life on Mars to track oil & gas methane emissions
Drone and space age technology, developed by the NASA JPL to search for life on Mars, will now be used to detect offshore methane emissions.

Strohm’s deep-water TCP makes a splash in South America
Strohm has installed and commissioned its first deep-water, high-pressure thermoplastic composite pipe (TCP) jumper in South America for ExxonMobil Guyana. The jumper, incorporating advanced carbon fiber and polyamide12 materials, is used for water alternating gas (WAG) injection at ExxonMobil Guyan