Business Developments & Projects
Tyra module installation breaks world record as ‘heaviest crane lift ever undertaken at sea’
Heerema Marine Contractors’ Sleipnir has completed an offshore lift of the Tyra II process module for TotalEnergies’ Tyra redevelopment project in the Danish North Sea.
Shearwater to deliver next-gen dual ROV seismic vessel
Shearwater GeoServices is set to deliver the next-generation deepwater dual ROV ocean bottom node (OBN) deployment vessel to the industry. The vessel, under Shearwater ownership and management, is expected to be available to clients early in the second quarter of 2023 following the conversion of the
Helicopter operator wins new North Sea deal with Neptune
Neptune Energy has awarded a contract to CHC Helicopters for offshore transport services in the Dutch sector of the North Sea.
Technip Energies secures ‘large’ equipment supply deal for INEOS’ Project ONE
French engineering company Technip Energies has secured a contract with chemical company INEOS for the proprietary equipment supply for INEOS Olefins Belgium NV’s Project ONE in Antwerp. Project ONE aims to build an ethane cracker in the Port of Antwerp with a nameplate capacity of 1450 kilotons of
DEME places order for sustainable fallpipe vessel
DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l
Eco Wave Power’s net income grows amid currency fluctuations
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.
Sval Energi closes Equinor and Suncor deals worth $1.3 bln
Sval Energi has expanded its portfolio by completing the previously announced acquisition deals with Equinor and Suncor Energy.
SIMEC Atlantis cuts financial losses despite MeyGen tidal power outages
SIMEC Atlantis Energy has decreased the overall financial loss for the first six months of fiscal 2022, despite the results having been adversely impacted by the service outages at the MeyGen tidal energy project.
Two Samskip ships to use Value Maritime CO2 capture solution
Dutch multimodal operator Samskip is making carbon capture a key part of its integrated plan for decarbonising shipping, after choosing the Value Maritime ‘Filtree’ gas cleaning solution for two of its containerships.
Expro wraps up P&A of first Irish indigenous gas wells
UK-headquartered energy services provider Expro has completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells. Expro provided integrated subsea and well test services over a period of eight months to intervene, plug and abandon subsea wells from a mobile offshore drilling unit
Equinor getting ready to spud North Sea well in December
Equinor has secured a drilling permit from the country’s authorities for an appraisal well in the North Sea off Norway.
Gas transmission starts through Baltic Pipe
Gas transmission from Norway to Poland via Denmark has started through the new Baltic Pipe pipeline, Polish gas transmission system operator GAZ-SYSTEM announced on Saturday, 1 October. The flow started at 6:10 a.m. and nominations as of 1 October totaled 62.4 million kilowatt-hours/day. Baltic Pipe
‘A defining moment in the history of offshore drilling’ as Noble-Maersk merger closes
The business combination between Noble Corporation and Maersk Drilling has been completed, creating “a new and dynamic leader in offshore drilling.”
Valenciaport boosts investment in solar power
Spanish Valenciaport has approved the second photovoltaic plant project to be located on the Valencia Terminal Europa vehicle storage facility, in line with its target of becoming a zero-emission port by 2030.