Business Developments & Projects

Jan De Nul to install new UK interconnector
Jan De Nul has secured a contract with Scottish and Southern Electricity Networks (SSEN) Distribution to deliver a new interconnector project in Scotland. Under the contract signed in November 2022, Jan De Nul will supply and install a new Pentland Firth interconnector this summer that will link mai

Minesto wraps up first phase of offshore installation for 1.2MW tidal energy kite
Minesto has laid the main subsea cable as part of the ongoing offshore works ahead of the installation of its 1.2MW tidal energy device Dragon 12.

ConocoPhillips hires Odfjell Drilling-managed rig for more work off Norway
ConocoPhillips has picked one of the Odfjell Drilling-managed rigs for drilling activities on the Norwegian Continental Shelf (NCS).

Fourth dual-fuel VLGC joins Avance Gas’ fleet
Norwegian shipping company Avance Gas has welcomed the fourth dual-fuel very large gas carrier (VLGC) to its fleet. The company took delivery of the 91,000 cbm carrier, Avance Avior, on 30 May from South Korean shipbuilder Hanwha Ocean, which recently rebranded from Daewoo Shipbuilding & Marine Engi

Plug Power plans three green hydrogen production plants in Finland
Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, has revealed plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tonnes per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyser capacity,

Estonian company to deliver subsea structures for North Sea oil & gas development
Norwegian oilfield services provider Aker Solutions has appointed an Estonia-based company to deliver subsea templates for an oil and gas field development in the North Sea. Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has signed a contract with Aker Solutions under which it is

Spending on solar on the brink of surpassing oil investments for the first time ever, says IEA
The clean energy investment is now extending its lead over fossil fuels, boosted by energy security strengths, highlights the IEA.

NKT secures cable agreement for major wind farms offshore Sweden
OX2 and Ingka Investments have entered into a conditional agreement with NKT for the delivery and installation of export power cables for two wind farm projects offshore Sweden. Under the agreement, NKT’s facility in Karlskrona, Sweden, will deliver the cables for the recently awarded Galene project

UK-made subsea robots ‘significantly outperform’ expectations, step closer to commercialization
UK-Based Blue Ocean Seismic Services has completed a set of trials of its autonomous subsea survey vehicles said to represent a big step towards commercialization. With this latest series of trials, Blue Ocean Seismic Services said it had confirmed that its autonomous undersea robots can reliably op

World Port Climate Action Programme to be extended
The Port of Rotterdam has announced that the World Port Climate Action Programme (WPCAP) will be extended with a new focus on shore power, new fuels and green shipping corridors. The extension was agreed by the CEOs and leaders of 12 world ports at a meeting in Rotterdam on the occasion of the first

DNV gives the nod for Saipem’s subsea pipeline digital monitoring tech
Italian oilfield services provider Saipem has secured DNV qualification for its technology for digital monitoring of subsea pipelines during laying operations. The technology, called Integrated Acoustic Unit (I.A.U.), has obtained the statement of qualified technology for medium and large pipelines

Aker BP gearing up to drill North Sea wildcat
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

Bermuda incorporates wave energy into its legal framework
The Government of Bermuda has approved regulations for innovative licenses to provide electricity to the island, including those for wave energy.

Subsea7 and Port of Aberdeen join hands on hydrogen storage project
Engineering company Subsea7 and the Port of Aberdeen have teamed up to investigate the feasibility of establishing underwater hydrogen storage at South Harbour, UK. Subsea7 is expected to undertake extensive engineering studies to identify the optimum technology solution, and a suitable offshore sit