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Business Developments & Projects

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Normand Turquesa vessel at sea
Business Developments & Projects

Petrobras keeps Solstad’s 2007-built vessel busy for another year

Brazil’s state-owned energy giant Petrobras has prolonged a contract of an anchor handling tug supply (AHTS) vessel, owned by Solstad Offshore, a Norwegian shipping company.

about 9 months ago
Aker Solutions cuts workforce and capacity due to lower activity outlook
Business Developments & Projects

Aker Solutions cuts workforce and capacity due to lower activity outlook

Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as a response to an anticipated decrease in activity levels this year. After several years of record-high workload, Aker Solutions announced yesterday, January 7, that it expects activity levels to decrease

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about 9 months ago
Aker Solutions
Business Developments & Projects

Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in

Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.

about 9 months ago
Equinor expands Archer’s scope for P&A of 30 subsea wells
Business Developments & Projects

Equinor expands Archer’s scope for P&A of 30 subsea wells

Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning

about 9 months ago
Scottish subsea link gets approval for capacity increase
Business Developments & Projects

Scottish subsea link gets approval for capacity increase

The Scottish Government Marine Directorate has granted the variation to the existing marine license for the Western Isles high-voltage direct current (HVDC) subsea cable link, allowing the needed increase in capacity. The project is a key component of SSEN Transmission’s planned £22 billion investme

about 9 months ago
LNG tanker Lebrethah at sea
Business Developments & Projects

Hanwha Ocean tasks GTT with tank design for seven LNG vessels

South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).

about 9 months ago
Nexans connects Sicily and Sardinia via 480-kilometer deepwater cable
Business Developments & Projects

Nexans connects Sicily and Sardinia via 480-kilometer deepwater cable

Nexans has connected Italy’s Sardinia and Sicily via a 480-kilometer-long cable as part of the Tyrrhenian Link, described as one of the country’s most significant electrical infrastructures. The 970-kilometer, 1,000 MW interconnector encompasses two sections: the west part, connecting Sicily and Sar

about 9 months ago
Maersk Tankers’ green technology business changes ownership
Business Developments & Projects

Maersk Tankers’ green technology business changes ownership

Marine services provider V.Group has acquired Njord, a Denmark-based green technology business founded by Maersk Tankers, as part of its fuel efficiency and decarbonization goals. V.Group said that the acquisition enhances its ability to deliver value to shipowners and charterers by combining its ex

about 9 months ago
CETO Wave Energy Ireland passes halfway mark on EuropeWave payment
Business Developments & Projects

CETO Wave Energy Ireland passes halfway mark on EuropeWave payment

Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received two EuropeWave payments totalling €350,643, unlocked by completing several manufacturing deliverables for the ACHIEVE Programme. The payments were received under the EuropeWave Phase 3 Contract, which supports th

about 9 months ago
Northern Lights
Business Developments & Projects

Northern Lights gig lands on ABL’s plate

Oslo-listed global consultancy ABL Group has been hired for work on the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project in Norway.

about 9 months ago
Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway
Business Developments & Projects

Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway

Marine robotics company Ocean Infinity is expected to begin a geophysical survey for Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England, in about one week. The marine survey activities are planned to commence on January 12 and to be comp

about 9 months ago
Transocean Enabler rig at sea
Business Developments & Projects

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway.

about 9 months ago
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Business Developments & Projects

Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o

about 9 months ago
FPF-1; Source: AF Offshore Decom
Business Developments & Projects

Ithaca Energy books AF Offshore for North Sea decom gig

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has landed a new decommissioning project on the UK Continental Shelf (UKCS) with Ithaca Energy, a North Sea oil and gas operator and producer.

about 9 months ago