Business Developments & Projects

Shell embarks on a performance improvement mission by merging business segments
Shell has unveiled a simplified organisational structure and executive committee and directorate changes to enhance performance.

In focus: European countries keeping pace with the hydrogen uptick
A closer look at this week’s highlights of the latest energy transition-related news gives us an insight into what the future may hold for the sector. With the world’s energy security at the top of nations’ agendas, more and more countries around the world are preparing to shift to renewable energy

Correll lands Saint-Brieuc cable pull-in gig
Correll Group, Cable Installation & Power Services Division has been awarded a contract with Asso.subsea for cable pull-in operations on the Saint-Brieuc offshore wind farm in France. The full scope of work includes pulling high-voltage subsea cables into the 62 Siemens Gamesa 8 MW wind turbines as

License renewal in place for Serica’s North Sea gas field
UK-based oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) for the Rhum field in the North Sea, in which the company has a 50 per cent interest. The license and assurance are set to allow certain U

Marine Power Systems seeks consultant for final evaluation of WaveSub
Welsh company Marine Power Systems (MPS) is looking to appoint a suitably qualified consultant to undertake a final evaluation of the full-scale WaveSub wave energy converter prototype operation.

Solstad vessel set to perform decom ops offshore Brazil
Solstad Offshore’s offshore construction vessel (OCV) Normand Cutter has arrived in Brazil to conduct decommissioning activities for Petrobras under a contract with Brazilian oil and gas services provider Ocyan.

Germany and Australia to strengthen energy cooperation
Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in the area of climate and energy. The focal points of t

Wintershall Dea cleared to deploy well intervention vessel off Norway
Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.

GTT receives new tank design orders for two LNG carriers
Chinese shipyard Dalian Shipbuilding Industry & Co (DSIC) has ordered the tank design of two liquefied natural gas carriers (LNGC) from French LNG containment specialist GTT. The order, received at the beginning of 2023, came on behalf of the company CMES LNG Carrier Investment INC. GTT will design

Jan De Nul, LS Cable install first Hollandse Kust West Alpha sea cable
Jan De Nul and LS Cable & System have completed the installation of the first sea cable for TenneT’s Hollandse Kust West Alpha substation in the North Sea off the Dutch coast. In recent weeks, the cable-laying vessel Connector and the remote-controlled cable-laying vehicle UTV1200 laid more than 60

World’s 1st circular ship dismantling yard pushes ahead with the demonstration phase
Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund. The company said that the financing would be used for the first steps of CMI’s test and

Greek firm to deliver pipe for Mediterranean gas field optimization project
Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer

OMV to spud North Sea prospect with Odfjell rig
OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

Danish firm lands long-term gig on Norwegian Continental Shelf
Equinor has handed out a long-term deal to Semco Maritime for the provision of temporary staffing services for offshore nurses on the NCS.