Business Developments & Projects
Plagazi to work with Petrofac on development of Köping Hydrogen Park
Cleantech company Plagazi has announced it will collaborate with services provider Petrofac on the development of Köping Hydrogen Park in Sweden. Petrofac’s Engineering and Consultancy team will assist Plagazi in establishing and defining the plant battery limits in addition to refining the plant de
‘Significant’ oil discovery for Aker BP in North Sea
Aker BP has made -what it describes as – a significant oil discovery in the North Sea off Norway, using a Saipem-owned rig.
Global floating solar set to go above 6GW by 2031, Wood Mackenzie finds
The global floating solar market is expected to pass the 6GW threshold by 2031, with the Asia-Pacific region showing highest demand, according to the analysis from Wood Mackenzie.
Ørsted breaks ground on Europe’s largest e-methanol plant
Danish offshore wind developer Ørsted has started the construction of FlagshipONE, Europe’s largest e-methanol project. The groundbreaking ceremony was held on 24 May in Örnsköldsvik, Sweden, in the presence of political and partner companies representatives. According to Ørsted, the groundbreaking
Harbour Energy hands out five-year deal for North Sea assets to Stork
Stork has been awarded a long-term deal for the delivery of asset integrity services to Harbour Energy’s assets on the UKCS.
Prysmian revealed as preferred bidder for UK’s cable connection project
Prysmian Group has been picked as the preferred bidder for a high voltage direct current (HVDC) cable connection in the UK.
Eni and Sonangol pooling resources to step up their decarbonisation game
Eni and Sonangol have joined forces to identify and assess opportunities in the areas of the energy transition.
Swedish shipowner orders eco-friendly mini bulker duo at Royal Bodewes
Swedish shipowner and operator Ahlmark Lines AB and Dutch shipbuilder Royal Bodewes have signed an agreement to build two Royal Bodewes’ 5050 Eco Trader mini bulkers.
Hanwha Ocean, formerly known as DSME, eyes $107 million in stock sale
Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe
New milestone at giant North Sea oil field, as it reaches record-high production level
Equinor’s capacity test at the Johan Sverdrup field in the North Sea off Norway confirms the field can produce at an increased plateau.
OKEA tasked with tackling nonconformity at Norwegian Sea field
Norwegian regulator has carried out an audit of OKEA and its management of major accident risk and barriers at a field off Norway.
Seven ‘major’ oil & gas players join phase II of JIP assisting with improving wellhead, riser fatigue estimates
Acteon’s subsidiary 2H Offshore has launched the second phase of its measurement-based wellhead fatigue joint industry project (JIP).
Damen Shipyards, Boluda Towage form zero-emission tug alliance
Dutch shipbuilding major Damen shipyards has inked a partnership agreement with Boluda Towage, part of Spain’s Boluda Corporación Marítima, aimed at bringing zero-emission tugs to Europe. In the harbour and towage sector, electric and methanol-fueled propulsion systems currently offer the best and m
Daphne Technology, Aramco working on mobile carbon capture tech
Swiss climate deep tech company has obtained a license from Saudi Aramco Technologies Company, a subsidiary of oil and gas major Aramco, to further develop and commercialise its mobile carbon capture (MCC) technology.