Business Developments & Projects
Germany and UAE reinforce energy partnership
Germany and the United Arab Emirates (UAE) have entered into a new Energy Security and Industry Accelerator (ESIA) Agreement that will accelerate projects of joint interest between the two countries in energy security, decarbonisation and climate action. The agreement was signed by Sultan Ahmed Al J
Welsh business finds work at Morlais tidal power scheme
OBR Construction has been awarded a €2.24 million contract by Morlais main contractor to build the structures associated with the landfall substation for the Holy Island tidal energy scheme.
New deal to take Siem OSCV to oil and gas sector
Siem Offshore has secured a new three-year contract for the offshore subsea construction vessel (OSCV) Siem Stingray with Subsea 7 as charterer. Subsea 7 will employ the vessel supporting its clients predominantly within the oil and gas sector, undertaking projects within offshore construction and i
BP hands out multi-region deal for offshore assets to UK oilfield services provider
BP has awarded a long-term deal for its offshore portfolio, to Wood, enabling the UK player to support its energy production.
Windcat Workboats orders additional hydrogen-powered CTVs
Windcat Workboats, part of Compagnie Maritime Belge (CMB), together with its joint venture partners Thomas Services Maritimes (TSM) and FSR, has ordered six hydrogen-powered crew transfer vessels (CTVs) to be built by 2024. The new order follows the launch of the world’s first hydrogen-powered CTV,
LNG dual-fueled and ammonia-ready VLCC gets nod from BV
An LNG dual-fueled and ammonia fuel prepared very large crude carrier (VLCC), developed jointly by China Merchants Energy Shipping (CMES), TotalEnergies, Dalian Shipbuilding Industry (DSIC), and GTT has received approval from the Bureau Veritas classification society. The approval in principle (AiP)
Authorities to investigate Nord Stream gas leaks amid suspicion of sabotage
Norwegian and Swedish seismic institutes have recorded two underwater blasts before the discovery of the gas leaks on the Nord Stream pipelines in the Baltic Sea linking Russia and Europe, prompting an investigation by authorities amid suspicions of sabotage. The leaks were detected on the Nord Stre
Norwegian firm to furnish Tidewater vessel with battery retrofit
Tidewater has ordered a battery package for one of its platform supply vessels (PSVs) from Norway’s Norwegian Electric Systems (NES).
Sustainable Marine launches ‘next-gen’ anchor installation system for offshore renewables
Blue economy solutions provider Sustainable Marine has unveiled its next generation rock anchor installation system for offshore renewables, including tidal energy and floating wind.
Høglund integrated automation and control picked for 6 new VLECs
Norwegian automation specialist Høglund Marine Solutions has signed six more contracts with Jiangnan Shipyard (Group) and Babcock LGE to supply integrated automation (IAS), cargo and fuel gas control systems (CCS and FGCS) for six very large ethane carrier (VLEC) newbuilds.
UK firm on the lookout for new CFO as health issues force current one to step down
i3 Energy has initiated a process to find a new CFO as its current one has tendered his resignation due to health issues.
UK-based USV specialist expands production facilities to ‘meet demand’
UK-based HydroSurv has moved into new facilities in order to deliver expansion in production capacity for its uncrewed surface vessels (USVs) used for hydrographic and environmental data collection. HydroSurv said that the expansion of production facilities comes as a move to meet the demand for USV
GKinetic concludes ‘pivotal’ hydrokinetic turbine demonstration in Northern Ireland
GKinetic Energy has completed the testing of its 12kW unit at Strangford Lough, making major technical, commercial and environmental progress that will help fast-track the commercial uptake of its clean energy technology.
Dutch firm and partners to spend over €500 mln to develop North Sea gas field
ONE-Dyas and its matrners made a final investment decision for the development of a gas field in the North Sea.