Business Developments & Projects
Helicopter operator bags five-year deal in North Sea
Belgium-based helicopter operator NHV Group has secured a contract award for operations in the North Sea.
Port of Gothenburg and North Sea Port set up green corridor, offer discounts for ships using cleaner fuels
Belgian North Sea Port and Swedish Port of Gothenburg have come together to establish a green corridor, aiming toward using alternative fuels for seagoing vessels by 2025. The green corridor was launched on Gothenburg Port Day on 12 October, when the CEOs of the Gothenburg Port Authority and North S
Five shipowners to provide supply vessels for Equinor
Equinor has awarded six contracts to five shipowners, for a total value estimated at more than NOK 2.5 billion including options.
Development of Brunsbüttel LNG terminal forges ahead as licensing procedure begins
German LNG, a subsidiary of the Dutch gas supplier Gasunie, has taken a new step in the development of the liquefied natural gas (LNG) terminal in Brunsbüttel, Germany. According to Gasunie, CS Gas North S.A. will build the terminal and contracts have been signed with ConocoPhillips, INEOS and RWE S
Transocean adds more work to its backlog
Transocean has secured more work for its fleet of rigs in the Gulf of Mexico, Brazil, Suriname, Norway, the UK, and India.
Reach Subsea gets first post-pandemic job in Trinidad and Tobago
Norway’s Reach Subsea has secured a “larger” contract as well as several contract extensions that encompass projects in Trinidad and Tobago and Northern Europe. According to Reach Subsea, the contracts are an indication of good development in terms of utilization of its resources for Q4 2022 and int
Furetank sells two dual-fuel tankers
Swedish shipping company Furetank has sold two duel-fuel product tankers from the Vinga Series to Finnish oil refining and marketing company Neste.
Danish company lands €5M contract for shore power supply works at BEST terminal
The Port of Barcelona has selected Danish company PowerCon to implement a pilot project that will provide electrical power to ships at the BEST terminal.
Oceaneering secures $300 million in subsea robotics contracts
Oceaneering’s Subsea Robotics segment has won multiple contracts in the third quarter of 2022 with anticipated aggregate revenue of $300 million. The contracts are primarily for remotely operated vehicle (ROV) services delivered from floating drilling rigs and vessels for subsea equipment support, s
Borr Drilling offloads stacked jack-up rig
Offshore drilling contractor Borr Drilling has sold one of its warm-stacked jack-up rigs for a price tag of $120 million.
World’s largest semi-sub rig on its way to UK ahead of North Sea job
A semi-submersible drilling rig considered to be the largest of its type in the world is heading to the UK for its upcoming job in the North Sea.
ZeroNorth: The shipping industry cannot take decisions in isolation anymore
The shipping industry cannot take decisions in isolation anymore and must understand the true impact of decision-making, according to ZeroNorth, a Denmark-based digital company that aims to accelerate maritime decarbonisation.
Italian energy majors win EU funding for green hydrogen projects
Two projects by Italian multinational corporations Enel Green Power and Eni for the development of green hydrogen through electrolyzers fueled by renewable energy will receive public funding approved under European Union’s (EU) IPCEI Hy2Use.
MOREnergy Lab launches open access tool for offshore renewable energy
Marine Offshore Renewable Energy Lab (MOREnergy) from Politecnico di Torino has launched its new open access web platform, featuring wind and wave energy data for offshore renewable energy projects in Europe.