Business Developments & Projects

Following probe into lifting incident on rig, Odfjell tasked with addressing nonconformities
Safety regulator has finished investigating a lifting incident on one of Odfjell Drilling’s rigs, currently working for Equinor off Norway.

Former ESB chief joins Ireland-Great Britain interconnector project
MaresConnect Limited, the company behind the interconnector that will link the power markets of Ireland and Great Britain, has appointed former chief executive of ESB Pat O’Doherty as chairman and non-executive director of its board. MaresConnect Interconnector will comprise a cable route of approxi

Germany receives first low-emission ammonia test shipment from UAE
Germany has received the first low-emission ammonia test shipment from the United Arab Emirates (UAE) in what is said to set an important milestone for the medium-term import of green hydrogen for Germany and Europe. As informed, the shipment was completed last week and the test cargo was handled by

Samskip picks GoodFuels’ biofuel to cut CO2 emissions by 90%
Dutch multimodal operator Samskip has signed an agreement with compatriot marine biofuels provider GoodFuels to power four of its containerships with marine grade bio-residual fuels.

North Sea Link begins regular operations
The 1,400 MW North Sea Link (NSL) interconnector that links the UK and Norway has paid off its carbon cost of construction after operating for six months, said the UK National Grid, which operates the project together with the Norwegian Statnett. This first power interconnector between Norway and th

DNV to support green hydrogen standard implementation
The Green Hydrogen Organisation (GH2), a non-profit foundation under Swiss law, has appointed assurance and risk management expert DNV to support the assessment of green hydrogen projects in accordance with the Green Hydrogen Standard. GH2 launched the Green Hydrogen Standard at the Green Hydrogen G

Equinor reveals document shedding more light on Barents Sea project development
Equinor has decided to issue a complementary assessment for the development and operation of a field located in the Barents Sea off Norway.

Dolphin rig heading to Las Palmas to prepare for contract in Nigeria
Dolphin Drilling’s Blackford Dolphin rig is heading to Las Palmas, Spain where it will be prepared for its upcoming contract in Nigeria.

Euronav orders ammonia/methanol-ready Suezmax tanker duo
Belgium-based tanker company Euronav has ordered two new eco-friendly Suezmax tankers from shipbuilding firm Daehan Shipbuilding Co.

MSC to buy Italian towage operator Rimorchiatori Mediterranei
Swiss shipping giant Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei.

In focus: Europe’s energy security caught between high prices and climate crisis
Winter is at our doorstep and concerns over the security of energy supplies are growing with each passing day. Over the past several months, governments and industries put their efforts into finding ways to tackle both energy and climate crises at the same time. The struggle continues with new regul

Norway records lower oil and gas output in September
Norway’s oil and gas production fell behind the NPD’s predictions in September 2022 and is lower than the figures from August.

Norwegian Geotechnical Institute secures work on Dutch offshore wind zone
The Norwegian Geotechnical Institute (NGI) has won a contract to develop an integrated ground model as part of a tender for geotechnical soil investigations at two offshore wind farm sites within the IJmuiden Ver Wind Farm Zone (IJVWFZ) in the Dutch North Sea. The total value of the contract, which

New tender calls show EU countries pressing ahead with plans to add more offshore wind capacity
Several EU Member States have increased their offshore wind ambitions – with some also making joint vows to install massive amounts of new capacity by 2030 and beyond – and invitations to tender released this week show Germany, Ireland, and the Netherlands are actively working to prepare the stage f