Business Developments & Projects
Provaris and Norwegian Hydrogen bolster hydrogen alliance in Nordics
Provaris Energy and Norwegian Hydrogen have entered an agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.
WATCH: Taking North Sea oil & gas platform apart piece by piece
Aker Solutions has removed a 2,000-ton module from the main structure of a decommissioned oil and gas platform.
European grid operator eyeing collaborative model for offshore energy infrastructure maintenance
TenneT is gauging the level of interest oil & gas and wind farm operators have in a collaborative model, which will jointly house management and maintenance services of the offshore energy infrastructure.
Saipem moving forward with ExxonMobil’s sixth oil development offshore Guyana
Saipem has been given the go-ahead by ExxonMobil to proceed with work on the sixth oil development at the Stabroek block offshore Guyana.
Swiss Alpiq acquires majority stake in Finnish hydrogen firm P2X Solutions
Alpiq and P2X Solutions have agreed on a financing arrangement according to which Alpiq will invest approximately €47 million in P2X, becoming its majority owner.
ABL sets up shop in Romania to expand its Black Sea footprint
ABL, part of ABL Group, has opened a new office in Constanta, Romania, to support the offshore energy and maritime markets in the Black Sea.
Italian FSRU coming back online in mid-October after maintenance works end
OLT Offshore LNG Toscana’s FSRU, which works off the coast between Livorno and Pisa, is now on its way to Genoa to begin maintenance activities.
Fortescue allies with OCP for hydrogen and ammonia projects in Morocco
Fortescue Energy and OCP Group have formed a joint venture in Morocco, aiming to supply green hydrogen, ammonia and fertilizers to Morocco, Europe and international markets.
YSA Design rolls out concept for biomethanol-powered sailing cruise ship
Norwegian company YSA Design has unveiled a concept for a new sail-powered catamaran cruise ship.
Valeura racks up a trifecta of oil & gas discoveries offshore Thailand
Valeura Energy has pulled off a hat trick in the Gulf of Thailand by making three new offshore oil discoveries during its drilling campaign.
Flex LNG vessel staying with Cheniere until 2032
Bermuda-headquartered LNG shipping company Flex LNG has landed a long-term extension of a time charter agreement for one of its LNG carriers.
Acciona Energía expands floating solar project in Spain
Acciona Energía has added a new photovoltaic (PV) floating system to its floating solar power plant at the Sierra Brava reservoir in Spain as part of a pilot project to evaluate the system’s performance.
HydrogenPro secures $7.6 million investment from Andritz
HydrogenPro has acquired NOK 82.7 million ($7.603 million) in new equity through a private placement of new shares towards Andritz.
BP and Petrofac extend their North Sea relationship
BP has prolonged its collaboration with Petrofac for work at its oil and gas assets in the North Sea.