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Business Developments & Projects

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Rig approaching Taranaki coast (for illustration purposes); Source: Greenpeace
Business Developments & Projects

New Zealand revoking offshore exploration ban amid gas crunch fears

New Zealand’s government is setting the stage to lift the ban on offshore oil and gas exploration with a suite of proposed changes to an energy bill in a bid to stave off energy security woes due to looming gas supply shortages.

about 2 years ago
Dedicated cable repair and installation vessel enters the market
Business Developments & Projects

Dedicated cable repair and installation vessel enters the market

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The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t

about 2 years ago
HMM
Business Developments & Projects

IKEA to use HMM’s low-carbon solution to back shipping decarbonization

South Korea’s national flagship carrier HMM and Swedish multinational conglomerate IKEA Supply Chain Operations have signed an agreement to use HMM’s low-carbon ocean transport solution to support shipping’s decarbonization.

about 2 years ago
Global heatmap of proposed LNG expansion; Source: Earth Insight
Business Developments & Projects

Climate report labels planned $1 trillion LNG infrastructure expansion as ‘one way ticket to stranded assets’

The global plan to spend over $1 trillion on new LNG infrastructure could slow down the net-zero agenda, Earth Insight’s report suggests.

about 2 years ago
During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace
Business Developments & Projects

Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago
Jan De Nul enters partnership to transport green electrons from Africa to Europe via subsea cable
Business Developments & Projects

Jan De Nul’s new partnership to transport green electrons from Africa to Europe via subsea cable

Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f

about 2 years ago
Norwegian duo reveals plans for hydrogen and bio-methanol production
Business Developments & Projects

Norwegian duo reveals plans for hydrogen and bio-methanol production

Norwegian Hydrogen and Glocal Green have entered into a concrete cooperation agreement for the development and establishment of hydrogen production in connection with Glocal Green’s planned bio-methanol plant in Øyer in Gudbrandsdalen.

about 2 years ago
A group of people employed at Wavepiston at Kronborg Slot in Elsinore, Denmark.
Business Developments & Projects

Wavepiston spearheads multi-national wave energy project

Danish company Wavepiston has commenced the SHY project (Seawater Hydraulic PTO using dynamic passive controller for wave energy converters), with consortium members all over Europe that joined together at Kronborg Slot in Elsinore, Denmark.

about 2 years ago
Fenris jacket, Source: Aker BP
Business Developments & Projects

Aker BP laying the groundwork to install 100 km of offshore pipelines at North Sea project

Norwegian oil and gas player Aker BP is set on undertaking six offshore campaigns to install almost 100 km of pipelines this summer at its development project in the Norwegian sector of the North Sea.

about 2 years ago
Illustration; Source: Baker Hughes
Business Developments & Projects

Baker Hughes takes on multi-year gig for Petrobras’ fields offshore Brazil

Baker Hughes has been hired on a long-term workover and plug and abandonment (P&A) services assignment by Petrobras.

about 2 years ago
Fenris jacket; Source: Aker BP
Business Developments & Projects

WATCH: Jacket for North Sea project on its way to Aker BP’s field

Aker BP is days away from welcoming the arrival of a new jacket at its project in the North Sea where it will be installed offshore Norway.

about 2 years ago
Xin Guang Hua vessel; Source: COSCO Shipping Heavy Transport
Business Developments & Projects

Giant heavy lift vessel to cart Woodside’s new FPU to Gulf of Mexico

COSCO Shipping & Guangzhou Salvage Heavy Transport (CSGS) has been put in charge of carrying an FPU to its final destination in the Gulf of Mexico.

about 2 years ago
Audacia pipelay vessel; Source: Allseas
Business Developments & Projects

Allseas pipelay vessel winds down gas pipeline gig in Australian waters

Allseas has confirmed the end of a pipeline assignment for one of its vessels on a natural gas development project off the coast of Australia.

about 2 years ago
Noble Stanley Lafosse drillship; Source: Noble
Business Developments & Projects

Noble drillship booked for more wells by Gulf of Mexico oil & gas operator

Murphy Oil has widened the drilling scope of work Noble Corporation is in charge of carrying out in the U.S. Gulf of Mexico.

about 2 years ago