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Business Developments & Projects

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Keel laying ceremony for NB 988 subsea construction vessel; Source: VARD
Business Developments & Projects

VARD marks keel laying milestone for subsea construction vessel in Europe (Gallery)

Norwegian shipbuilder VARD has held a keel laying ceremony for an offshore subsea construction vessel it is building for Dong Fang Offshore (DFO).

about 11 months ago
COSL Prospector rig; Source: Canarship
Business Developments & Projects

COSL rig good to go on Barents Sea oil & gas drilling quest

Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

North Sea drilling ops with COSL rig get blessed by the powers that be

Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
EDF developing offshore hydrogen production project in French EEZ
Business Developments & Projects

EDF developing offshore hydrogen production project in French EEZ

EDF Power Solutions has invited applications for a tender for Environmental Impact Assessment (EIA) services and hazard studies as part of a project to develop an offshore hydrogen production station in France’s Exclusive Economic Zone (EEZ). The project, dubbed HYODE (HYdrogen Offshore DunkerquE),

about 11 months ago
Courtesy of Porthos
Business Developments & Projects

Dutch CO2 quintet paving the way for Northwest Europe’s cross-border CCS network

Five Dutch CO2 infrastructure projects, which signed grant agreements under the Connecting Europe Facility (CEF Energy), have set their cap on spotlighting how their collaboration lays the groundwork for a cross-border CO2 transport and storage network, linking emitters in Northwest Europe with perm

about 11 months ago
Troll C; Source: Axess
Business Developments & Projects

Equinor books Axess for North Sea riser replacement work

Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.

about 11 months ago
FPSO Western Isles; Source: Jersey Oil & Gas
Business Developments & Projects

Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f

about 11 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 11 months ago
EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area
Business Developments & Projects

EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area

Irish transmission system operator (TSO) EirGrid has completed the first phase of marine and coastal surveys along Ireland’s south coast, which includes cable route corridor options from Maritime Area A, or Tonn Nua, offshore wind area of the Irish Government’s South Coast Designated Maritime Area P

about 11 months ago
Multi-purpose accommodation support vessel (MP-ASV); Courtesy of Damen
Business Developments & Projects

Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards

Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 v

about 11 months ago
Illustration; Source: NKT
Business Developments & Projects

UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br

about 11 months ago
Baleària
Business Developments & Projects

Baleària to get standalone methanol-powered electricity generation equipment on its electric ferry

Spanish ferry company Baleària has decided to incorporate “Europe’s first” autonomous e-methanol power generation container into the electric ferry Cap de Barbaria.

about 11 months ago
Illustration; Source: TotalEnergies
Business Developments & Projects

France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

about 11 months ago
Edda Freya; Courtesy of DeepOcean
Business Developments & Projects

DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies

DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).

about 11 months ago
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