Business Developments & Projects

Stena Line, Nowhere Networks strike world’s largest maritime high-speed internet deal
Swedish ferry company Stena Line has chosen high-tech company Nowhere Networks to fit fast internet connection on board 32 of its ships. Project implementation has already started and it is expected to be completed by the beginning of next year, the ferry operator said. The total distance of the rou

Reach Subsea buys one vessel and charters another to ‘take advantage of the growing demand’
Reach Subsea has inked an agreement to acquire one of the Østensjø Rederi-owned multipurpose ROV support vessels.

Norwegian firm selling vessel to boost liquidity
Norway’s Golden Energy Offshore Services (GEOS) has inked a deal to sell one of its PSVs to a buyer, whose identity has not been disclosed.

Aker BP gearing up to drill North Sea well
Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.

LIVE BLOG: Offshore Energy Exhibition & Conference 2022
18:00 It’s a wrap Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 28 & 29 November 2023! 17:30 Drinks at Navingo stand Offshore Energy Exhibition & Conference is almost coming to an end. The best way to celebrate thes

Cemre Shipyard lays keel for Norwegian zero-emission battery ferry
Turkish Cemre Shipyard has launched the construction of a zero-emission double-ended car and passenger ferry that will run on battery-electric power. The construction start was marked with a keel laying ceremony at the yard held on Tuesday, November 29 jointly with Norwegian ferry company Torghatten

New job for UK firm on SBM Offshore’s largest FPSO to date
UK-based Amarinth, has won an order from VWS Westgarth for two titanium pumps, which will be used aboard SBM Offshore’s FPSO One Guyana.

Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20
A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan

INEOS charters two very large ethane carriers from IINO Lines
Global manufacturing company INEOS Europe AG and Tokyo-based shipping company IINO Kaiun Kaisha, known as IINO Lines, have signed long-term charter agreements for two very large ethane carriers (VLECs). Under the agreement signed on 30 November, IINO will deliver the two 99,000 cbm VLECs to INEOS in

Jack-up rig spuds third well in Black Sea drilling campaign
Trillion Energy has started drilling the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

Siem vessel lands deal ‘primarily’ outside North Sea
Norwegian shipping company Siem Offshore has secured a deal for one of its multi-purpose support vessel (MPSV) with an undisclosed client.

Bluewater to further develop flexible floating offshore solar concept
Dutch floating, production, storage and offloading (FPSO) specialist Bluewater Energy Services has been awarded a demonstration project to further develop the flexible floating offshore solar concept. Bluewater was awarded the demonstration project by the Hernieuwbare Energietransitie – Renewable En

Equinor preparing to spud North Sea well
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

Riser issue for FPSO operating in North Sea sorted out a year after it arose
A production riser, which malfunctioned a year ago on an FPSO operating in the North Sea, has now been replaced.