Business Developments & Projects
Shell all-set to use well intervention vessel at two North Sea fields
Shell has received consent from the Norwegian regulator to use one of Island Offshore’s mobile offshore units (MOU) on two fields off Norway.
With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights
IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.
ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain
Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has announced that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives
Aker Solutions wins contract for Norwegian Sea tie-back job
Norway’s energy giant Equinor has awarded compatriot oilfield services provider Aker Solutions with a contract to tie back two gas fields in the Norwegian Sea to the Åsgard B platform. The contract comprises engineering, procurement, construction, installation and commissioning (EPCIC) and implies t
Soltech installs its first floating solar unit in Spain
Sud Renovables, a Spanish subsidiary of Soltech Group, has installed the company’s first floating solar energy unit, which also represents the first installation of that kind in Catalonia in Spain.
Denmark and Germany ally on hydrogen and energy systems integration
Denmark and Germany have signed a cooperation agreement on green hydrogen and the integration of the two countries’ energy systems. According to Denmark’s Ministry of Climate, Energy, and Supply, the declaration is to facilitate an ongoing dialogue between Denmark and Germany and relevant actors abo
US-Ireland R&D program awards €500K for collaborative wave energy project
Maynooth University’s Centre for Ocean Energy Research (COER) has secured €500,000 through the joint US-Ireland research program for a collaborative wave energy project whose aim is to make the technology more commercially attractive.
ABL Group to act as marine warranty surveyor for multiple oil & gas developments off Norway
ABL Group has been appointed as a marine warranty surveyor for the transportation and installation operations on several Aker BP-operated offshore field developments located on the Norwegian Continental Shelf (NCS).
Rovco makes reorganization moves as part of growth strategy
UK provider of subsea robotics and integrated survey solutions Rovco has set up two business units focused on delivering on a specific area of expertise as part of its plans for greater global and sectoral growth. The company, founded in 2016, will now operate through two separate business units, ea
Air Products sets up new EMEA office in Netherlands
US industrial gas supplier Air Products has opened its new Europe, Middle East, and Africa (EMEA) project delivery office in The Hague, the Netherlands. The office will serve as a contributor to Air Products’ engineering, procurement, and construction work throughout EMEA. It is the company’s first
WATCH: 3rd LNG fuel-ready eco-friendly tanker delivered to Capital
Greece’s Capital Ship Management has taken delivery of the newbuild LNG fuel-ready chemical/product medium-range (MR) tanker with an eco-friendly design, M/T Avax. The company announced on 24 March that the 50,000 dwt vessel was delivered by Hyundai Vietnam Shipyard. The ship is assigned with Wind-A
In focus: Offshore hydrogen steals the show once again
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar
WinGD to deliver methanol-fuelled engines for COSCO container vessels
Swiss marine power company WinGD has announced it will supply 10X92DF-M methanol-fuelled engines to four 16,000 TEU container vessels to be built for Chinese COSCO Shipping Lines at COSCO Shipping Heavy Industry (Yangzhou) site. The vessels are scheduled for delivery from 2025, and according to WinG
Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand
Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.