Business Developments & Projects

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal
The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

Final inter-array cables loaded and ready for world’s largest floating wind farm
The final inter-array cable loadout has been completed for Equinor’s Hywind Tampen, the world’s largest floating offshore wind farm in operation. The remaining eleven kilometres of 630mm2 dynamic cabling including accessories were loaded onto the Normand Vision, a construction support vessel (CSV) f

QED Naval invites bids for Subhub tidal energy industrial demonstrator
Scottish marine energy specialist QED Naval has invited potential tenderers to participate in an opportunity to be a strategic partner in developing its next generation Subhub industrial demonstrator platform for tidal energy generation.

SHI reveals new LNG carriers and containerships designs
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has announced the development of innovative LNG carriers and containerships during the “Samsung Technical Seminar in Athens” (Samsung Technology Road Show) in Athens, Greece. The company unveiled its “3 Cargo Tank LNGC” and “Eco Container Ship

New task for Noble to tackle nonconformities on jack-up rig
Norwegian regulator has carried out an audit of management of materials handling and the working environment on one of Noble’s jack-up rigs.

28 km of pipes delivered for Alexandroupolis LNG terminal
Corinth Pipeworks, a steel pipes segment of Cenergy Holdings, has delivered 28 kilometres of pipes for the offshore LNG terminal in Alexandroupolis, Greece. The company was contracted in September 2022 to deliver 28 kilometres of 30” SAWL steel pipes, including anti-corrosion coating and concrete we

After Brazil, Equinor appoints TechnipFMC for work offshore Norway
TechnipFMC has secured what it describes as a “significant” contract with Equinor to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf (NCS). Under the agreement, TechnipFMC will provide production enhancement, production data, and pre-plug-and-abandonment

EMEC secures funding for hydrogen innovation and development projects
European Marine Energy Centre (EMEC) has won funding, totalling over £500,000 (around $623,000), for four feasibility projects supporting green hydrogen innovation and development. More specifically, the funding is expected to be used to conduct feasibility studies supporting the development of nove

‘No guarantee sale will be completed’ as UK firm faces another delay in purchase of North Sea license
United Oil & Gas (UOG) has agreed to give more time to UK-headquartered oil and gas company Quattro Energy to secure funding for the purchase of a license in the UK Central North Sea that includes an existing hydrocarbon discovery. The two parties entered into a binding asset purchase agreement (APA

MSC charts course for ammonia-powered containership with industry majors
The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) for a design for the ammonia dual-fuel operation

Subsea 7’s 2024 graduate program opens for applications
Subsea 7 has launched applications for its two-year engineering graduate program for next year which takes place in the French capital. According to Subsea 7, the Graduate Engineer Development Scheme (GEDS) involves both on and off-the-job development and exposes graduates to a variety of engineerin

World’s first fully-electric tugboat en route to Seaspan in Canada
HaiSea Wamis, the world’s first fully electric harbour tugboat, has left Sanmar Shipyards, Turkey, and is now on its way to Seaspan in Vancouver, Canada. Shipping company Seaspan announced the news on its social media, informing that the tugboat left Sanmar late last week. Seaspan noted that the Hai

BayWa r.e. inaugurates largest floating solar plant in Central Europe
German renewable energy company BayWa r.e. has officially inaugurated the Grafenwörth floating solar plant, the largest of its kind in Austria and Central Europe. The company revealed this milestone in a brief social media update on 17 May. The project was built earlier this year by BayWa r.e.’s Aus

20 carbon storage licenses offshore UK offered to 12 companies
The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in t