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Business Developments & Projects

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Red and white BOS Princess vessel. Source: Seas Geosciences
Business Developments & Projects

Platform supply vessel getting refurbished into geotechnical drilling ship for offshore wind ops

U.S.-based Woocheen’s Seas Geosciences has signed a multi-year agreement with Britoil Offshore Services to charter and convert a platform supply vessel (PSV) into a geotechnical drilling vessel, which is expected to be available for work in the offshore wind market from January 2025. The 2015-built

about 2 years ago
Kittiwake platform; Source: Petrofac
Business Developments & Projects

Shell signs over decom management role at North Sea fields to EnQuest

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EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.

about 2 years ago
Hexagon Purus lands €2.5M hydrogen fuel system order for new Greenpeace ship
Business Developments & Projects

Hexagon Purus lands €2.5M hydrogen fuel system order for new Greenpeace ship

Norwegian clean energy technology supplier Hexagon Purus Maritime has secured a purchase order for a compressed hydrogen fuel system to be used on a new green sailing ship commissioned by international non-profit organization Greenpeace. The order, valued at approximately €2.5 million, was placed by

about 2 years ago
Safe Caledonia flotel; Source: Prosafe
Business Developments & Projects

Prosafe flotel firms up North Sea assignment

Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.

about 2 years ago
First steel cut for ‘world’s largest’ hydrogen-powered ferry
Business Developments & Projects

First steel cut for ‘world’s largest’ hydrogen-powered ferry

Norwegian transport company Torghatten Nord has celebrated the beginning of the construction of what are said to be the world’s largest hydrogen-powered ferries. The first steel cutting for the first of two 117-meter-long hydrogen-powered ferries with a capacity of 120 cars was held on August 29 at

about 2 years ago
Shell leveraging Swiss digital twin technology to optimize global offshore assets
Business Developments & Projects

Shell leveraging Swiss digital twin technology to optimize global offshore assets

Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi

about 2 years ago
DME Systems, a subsea engineering firm based in Newcastle upon Tyne in the UK, has merged with U.S.-based deepwater geosciences firm, Woocheen, broadening the latter’s expertise and capabilities.
Business Developments & Projects

Woocheen strengthens geosciences’ subsea offering through acquisition of UK engineering firm

DME Systems, a subsea engineering firm based in Newcastle upon Tyne in the UK, has merged with U.S.-based deepwater geosciences firm, Woocheen, broadening the latter’s expertise and capabilities. DME focuses on the telecommunications and offshore wind sectors by building and modifying subsea vehicl

about 2 years ago
Illustration; Source: Gasconsult
Business Developments & Projects

Gato Negro seeks US stamp of approval for vicennial LNG export via ship from Pacific coast

Mexico-based Gato Negro has requested a 20-year permit from the U.S. to export natural gas to Mexico via pipeline, turn it into LNG and ship it to countries via the Pacific Ocean.

about 2 years ago
NKT has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link. The 320 kV HVDC interconnector is now a key contributor to the integr
Business Developments & Projects

Energization of Europe’s first and world’s second multi-terminal HVDC subsea link goes full steam ahead

NKT has wrapped its assignment on a 260-kilometer high-voltage direct current (HVDC) subsea link, which is envisioned to lend a helping hand in ensuring Shetland’s supply of clean, low-carbon power, enabling 600 MW of renewable generation as remote North Sea islands connect to Britain’s main grid in

about 2 years ago
A vessel next to an offshore platform
Business Developments & Projects

Rystad: With global gas markets in ‘fragile equilibrium,’ more LNG key to 2030 energy targets

Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.

about 2 years ago
A vessel leaving the shipyard surrounded by several tugboats
Business Developments & Projects

Nigerian player’s LNG flows to two Asian countries, enlarging global reach

The Nigerian National Petroleum Company (NNPC) has started shipping LNG to Japan and China on a delivered ex-ship (DES) basis.

about 2 years ago
Fertiglobe and Hintco officially seal €397 million deal for green ammonia supply to Europe
Business Developments & Projects

Fertiglobe and Hintco officially seal €397 million deal for green ammonia supply to Europe

Abu Dhabi-based Fertiglobe, the winner of the first H2Global pilot auction for renewable ammonia, has officially signed a contract with Hintco, an intermediary for purchasing and selling green power-to-X (PtX) products within the H2Global funding mechanism. The agreement is said to represent a pivot

about 2 years ago
The 2-kilometer-long cooling bundle for Fenris was slowly towed to sea; Source: Aker BP
Business Developments & Projects

Installation of 2-kilometer-long cooling bundle for North Sea field underway in Norwegian waters

Aker BP has confirmed the start of installation activities for a 2-kilometer-long cooling bundle at its field in the North Sea, as part of its development project which will ensure a lifetime extension for the Valhall field on the Norwegian Continental Shelf (NCS) past 2028.

about 2 years ago
A consortium led by the Norwegian company Ocean Oasis has secured a grant of nearly €6 million from the European Union (EU) to enhance the supply of desalinated water from floating buoys in deep water
Business Developments & Projects

EU backs Ocean Oasis with nearly €6M to advance wave energy-powered desalination tech

A consortium led by the Norwegian company Ocean Oasis has secured a grant of nearly €6 million from the European Union (EU) to enhance the supply of desalinated water from floating buoys in deep water off the coast of Gran Canaria, Spain. The European Executive Agency on Climate, Infrastructure, and

about 2 years ago