Business Developments & Projects
New Enagás agreement to boost decarbonisation of Valencia region in Spain
Ximo Puig, the President of the Generalitat Valenciana (different self-government institutions under which the Spanish autonomous community of Valencia is politically organised), and Arturo Gonzalo, CEO of Spanish energy company Enagás, have signed a general protocol of action to promote the develop
Offshore oil & gas set for growth with $214 bln of investments in the pipeline
With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, says Rystad Energy.
Ocean Installer lands Hywind Tampen cable installation gig
Equinor has awarded Ocean Installer a contract for the installation of dynamic inter-array cables on the Hywind Tampen floating offshore wind farm in Norway. The Norwegian company has been contracted to transport and install five 2.5-kilometre-long dynamic inter-array cables in water depths between
Equinor ready to spud Norwegian Sea prospect this month
Equinor has secured a drilling permit from Norway’s authorities for an exploration well in the Norwegian Sea, which will be drilled using one of Odfjell Drilling’s rigs.
Fresh oil & gas discovery in North Sea brings another Troll tie-back to the table
Equinor has made a new oil and gas discovery near the Fram field in the North Sea off Norway, using an Odfjell Drilling-owned rig. This is Equinor’s eighth discovery in the area since 2019.
Two vessels score long-term bareboat charters
Norwegian shipowner Ocean Yield has secured new bareboat charters with purchase obligations for two anchor handling tug supply (AHTS) vessels.
Aker BP brings North Sea field on stream
Aker BP has kicked off production from a field in the North Sea off Norway, after fast-tracking the development to achieve the first oil.
MSC shatters records with delivery of 24,346 TEU MSC Irina
The world’s largest container shipping company MSC is delivering on its promise to inject massive vessel capacity into its fleet this year. Namely, the Swiss-based container shipping giant has welcomed into the fleet another giant 24,000 TEU vessel, MSC Irina, which was built by Jiangsu Yangzi Xinfu
Newbuild Haugesund Knutsen completes its first LNG bunkering operation
Haugesund Knutsen, the first small-scale LNG bunkering vessel built in Spain, has completed its first LNG bunkering operation. The ship-to-ship LNG bunkering operation took place on 13 March at the port of Barcelona where Haugesund Knutsen delivered LNG to Costa Smeralda cruise ship owned by Italian
Unigel and thyssenkrupp to increase capacity of Brazil hydrogen plant
Chemical company Unigel and thyssenkrupp nucera, provider of technologies and comprehensive solutions for high-efficiency industrial scale electrolysers, have signed a Memorandum of Understanding (MoU) to increase the capacity of the green hydrogen plant that Unigel is developing in Bahia, Brazil, f
GAZ-SYSTEM sizing up interest in additional regasification capacity at Gdansk FSRU
Poland’s natural gas transmission system operator GAZ-SYSTEM has launched a non-binding market screening procedure to identify the demand for additional regasification capacity of the floating storage and regasification unit (FSRU) in the Gulf of Gdańsk area. Pursuant to the assumptions set out in t
Wavepiston secures 130% of initial crowdfunding target
Danish wave energy company Wavepiston has reached 130% of its initial crowdfunding target, as the campaign remains open for two more days.
SSE and partners award survey contracts for Ossian floating wind farm
SSE Renewables, Marubeni Corporation, and Copenhagen Infrastructure Partners (CIP), the consortium behind Ossian floating offshore wind farm in Scotland, have awarded the contract for geotechnical investigations to Fugro and Ocean Infinity. The Netherlands-based Fugro will focus on downhole geotechn
Reach Subsea to deliver its services to Equinor under multiyear deal
Norwegian state-owned energy giant Equinor has awarded Reach Subsea with a multiyear frame agreement for work on the Norwegian continental shelf (NCS) and internationally. The three-year frame agreement covers all core activities for Reach Subsea, including installation support, seabed intervention,