Business Developments & Projects
PGS’ new contract to improve its summer season visibility
Norwegian seismic company PGS has secured a contract with what it describes as a “major international energy company” for 3D exploration acquisition services. Ramform Titan is scheduled to mobilize for the survey in late June, with the acquisition expected to complete in August. “We are very pleased
FSRU Golar Tundra arrives in Piombino as Snam readies to launch new LNG terminal
Italian energy company Snam has completed docking operations for floating storage and regasification unit (FSRU) Golar Tundra in the port of Piombino. According to Snam’s social media update, the docking operations were safely completed on Sunday, 19 March as the company expects to put the FSRU into
Wales launches €850K tidal lagoon challenge
Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.
Equinor all set to deploy Floatel’s unit at North Sea field
Norwegian offshore safety regulator has given Equinor consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a North Sea field off Norway.
Olympic Subsea vessel gets to work with DeepOcean
DeepOcean has entered into a two-year time charter agreement with Olympic Subsea for a multi-purpose support vessel (MPSV) that will be deployed in the renewables and oil and gas industries. The agreement was signed for the MPSV Olympic Ares which will provide subsea inspection, maintenance, and rep
Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp
Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.
EGS Survey to start work at Fred. Olsen Seawind and Vattenfall’s ScotWind site
The UK-headquartered company EGS Survey will carry out a survey campaign at the Muir Mhòr floating wind project site in Scotland, being developed by Fred. Olsen Seawind and Vattenfall. Starting next month, EGS Survey will be performing preliminary geophysical and environmental surveys using the vess
Investigation looking into whether oil & gas firm failed to meet North Sea license obligations
UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan
Nova Innovation deploys tidal turbine in France
Scottish company Nova Innovation has installed its tidal energy turbine at the Étel Estuary, bringing its turbines to France for the first time.
Alphaliner: Armada of big ships readies to hit the market as demand falters
In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container ships to their fleets, according to Alphaliner. This development is poised to have a significant impact on th
French launch €1.5M project to decarbonize island power grids
A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.
Norway’s oil & gas output takes a downturn
Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
Serica one step away from closing Tailwind acquisition
Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
‘Industry first’: LPG unloading across FSRU completed at Elbehafen LNG terminal
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte