Business Developments & Projects
2022 saw higher offshore rig activity, Baker Hughes reports
Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco
Quoceant wraps up testing of its Q-Connect system
Quoceant has completed full-system demonstration testing of its Q-Connect adaptable marine quick connection system at Hydrus’ fabrication facility in Brenchin, Scotland.
UK’s Ashtead Technology taps compatriot firm for large cable cutter
UK-based hydraulic tool maker Allspeeds Limited has supplied a Webtool HCV330 hydraulic cable cutter to compatriot subsea equipment rental and solutions specialist Ashtead Technology. Allspeeds said that the Webtool cutter is the “largest manufactured so far” and the HCV 330 is designed to cut large
GustoMSC puts faith in new less wind-dependent blade installation solution
“The reality is that the majority of downtime of turbine installation comes from wind speed limits for blade installation…So, we want to come to a solution that is less wind dependent and that’s difficult because blades are made to catch wind”, said Andries Hofman, Product Development Manager at Gus
Nel and HH2E team up on hydrogen in Germany
Nel Hydrogen Electrolyser, a subsidiary of Norway’s Nel ASA, has partnered up with German HH2E for a Front End Engineering and Design (FEED) study and a Letter of Intent (LoI) for two 60 MW electrolyser plants in Germany. The two parties said the FEED will commence after a firm purchase order is mad
EODEX to remove unexploded ordnance from Moray West site
EODEX UK Subsea has secured a contract for the safe and environmentally friendly disposal of legacy unexploded ordnance (UXOs) in the Moray Firth, ahead of construction works on the Moray West offshore wind project. Work has recently begun to ensure the cable route and the offshore site are safe and
WATCH: Semi-sub rig arrives at UK port to get ready for its inaugural decom gig in North Sea
A semi-submersible rig has arrived at a port in Scotland to prepare for its first decommissioning assignment on the UK Continental Shelf.
Horisont Energi picks site for Errai onshore CO2 terminal
Horisont Energi has selected a site in Norway where the onshore CO2 terminal for the Errai large-scale carbon capture and storage (CCS) project will be located. The Norwegian company entered into an option agreement with Haugaland Næringspark to locate the land-based CO2 terminal for the Errai CCS p
Neptune tasked with addressing nonconformity at North Sea oil & gas asset
Norway’s regulator has carried out an audit of Neptune’s management of major accident risk and barriers at a gas & oil asset in the North Sea.
Bulgaria and Turkey pen LNG terminals and gas transmission network deal
Bulgaria’s state gas company Bulgargaz and Turkish gas transmission company BOTAŞ have signed a 13-year agreement that grants Bulgargaz access to the gas transmission infrastructure of BOTAŞ as well as the use of five Turkish LNG terminals. The agreement is estimated to enable 1.5 billion cubic metr
Transocean finds more work for five rigs
Transocean has secured contract awards and extensions for five drilling rigs in the Gulf of Mexico (GOM), North Sea, Norway and Suriname.
System integration can be a game-changer if done really well, BP says
System integration might allow us to accelerate the energy transition, however, it does have its challenges. Ina Kamps, VP of Offshore Wind Growth at BP, and René Peters, Business Director at TNO, discuss what the future holds in terms of system integration and what are the steps. According to Peter
MOL CEO: We will transport LNG from Russia as long as we can
Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,
Construction of Scandlines’ zero-emission ferry making headway at Cemre
Scandlines’ new zero-emission ferry is starting to take shape at the Cemre shipyard in Turkey. Danish ferry operator said in an update that two-thirds of the steel plates have now been cut at the shipyard, adding that the ferry currently consists of eight sections which have already been placed on t