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Business Developments & Projects

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James Fisher invests in firm behind ‘world’s only autonomous underwater and surface vehicle’
Business Developments & Projects

James Fisher invests in firm behind ‘world’s only autonomous underwater and surface vehicle’

James Fisher and Sons is investing in a U.S.-based autonomous marine technology company to support the development and deployment of what is said to be the world’s first and only wind and solar-powered autonomous underwater and surface vehicle (AUSV). James Fisher announced it was investing a strate

about 9 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects
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Scotland backs North Sea oil & gas development and extraction, poll shows

In the wake of rising job losses across the oil and gas sector, nearly six in ten voters across Scotland have thrown their support behind the full development and extraction of North Sea oil and gas, according to new Scotland-wide polling.

about 9 months ago
After Beam, Swiss technology group buys German subsea firm
Business Developments & Projects

After Beam, Swiss technology group buys German subsea firm

Swiss technology group Rosenxt Group is looking to strengthen its subsea capabilities with the acquisition of a Germany-headquartered provider of ocean bottom seismometers (OBS) and subsea monitoring technology. The combination of Rosenxt’s experience in asset integrity with K.U.M. Umwelt- und Meere

about 9 months ago
Illustration; Source: NKT
Business Developments & Projects

NKT and SSEN Transmission sign final contracts for Scottish HVDC transmission links

Danish power cable manufacturer and installation firm NKT has been awarded the final contracts for two Scottish HVDC transmission links that are part of a major upgrade to the electricity transmission network across the north of Scotland. NKT and SSEN Transmission confirmed their partnership to deve

about 9 months ago
BW Nivalis and BW Borealis LNG vessels; Source: BW LNG
Business Developments & Projects

BW LNG names newbuild vessel pair at Hanwha Ocean’s shipyard

BW LNG, part of BW Group, has held a naming ceremony for two new liquefied natural gas (LNG) vessels at a shipyard in South Korea, Asia.

about 9 months ago
Ulstein building two 130-meter CLVs for OMS Group
Business Developments & Projects

Ulstein building two 130-meter CLVs for OMS Group

Norway-headquartered subsea services provider OMS Group has signed contracts with Norwegian shipbuilder Ulstein for the design and construction of two cable-laying vessels (CLVs). Designed by Ulstein Design & Solutions, the ULSTEIN SX252 vessels will be 130 meters long and 22 meters wide and will ha

about 9 months ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

Another oil discovery emerges from Norwegian waters

Norway’s state-owned energy giant Equinor has made a new oil discovery in the Norwegian Sea, using one of COSL Drilling Europe’s semi-submersible rigs.

about 9 months ago
FPSO Goliat; Source: Vår Energi
Business Developments & Projects

Barents Sea oil discovery’s potential strengthened by appraisal ops

Vår Energi, a Norwegian oil and gas operator, has finished drilling an appraisal well related to an oil discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes.

about 9 months ago
EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site
Business Developments & Projects

Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

about 9 months ago
North Sea drilling ops on Equinor’s agenda for this month
Business Developments & Projects

North Sea drilling ops on Equinor’s agenda for this month

Norway’s state-owned energy giant Equinor has received a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea.

about 9 months ago
Eco Wave Power pushes ahead with 1 MW project in Portugal
Business Developments & Projects

Eco Wave Power pushes ahead with 1 MW project in Portugal

Israel-headquartered developer Eco Wave Power is moving forward with the development of its 1 MW wave energy project in Portugal, after wrapping up a wave and loads assessment in cooperation with MetOcean Consult, a Netherlands-based consultancy specializing in independent metocean analysis, environ

about 9 months ago
Courtesy of MOL Global Ship Management
Business Developments & Projects

Wärtsilä lines up decade-long deal for 12 LNG vessels with MOL

Wärtsilä has landed a multi-year lifecycle agreement for 12 liquefied natural gas (LNG) carriers (LNGC) with MOL Global Ship Management, a Singapore-based ship management company fully owned by Mitsui O.S.K. Lines (MOL).

about 9 months ago
Ninian Central platform; Source: CNRI
Business Developments & Projects

Two North Sea oil & gas operators slapped with $469K fine for breaches in UK waters

Given its quest to come to grips with consent breaches on well decommissioning and excessive flaring and venting on the UK Continental Shelf (UKCS), Great Britain’s regulator, North Sea Transition Authority (NSTA), has imposed a penalty of £350,000 (around $469,000) on CNR International and NEO.

about 9 months ago
Danish Energy Agency - North Sea
Business Developments & Projects

TotalEnergies, Mitsui, and Nordsøfonden pick up CO2 storage exploration permit in North Sea

The Danish Energy Agency has handed out its eighth permit for exploration and possible storage of CO2 in Denmark to a consortium consisting of TotalEnergies, Mitsui, and Nordsøfonden.

about 9 months ago