Business Developments & Projects
OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well
OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North Sea and decided to drill a sidetrack well.
Sonardyne opens new South East Asia HQ
UK-headquartered marine technology company Sonardyne has officially opened its new South East Asia headquarters in Singapore. The three-story facility, located at Loyang Offshore Supply Base, has been completely remodelled and refitted to meet Sonardyne’s operational needs. It comprises offices and
Five-year drilling deal in UK for oilfield services provider
Archer has secured a long-term platform drilling contract – worth around $50 million – in the UK with an undisclosed operator.
Case study into oil and gas platform electrification with wave energy delivers ‘promising results’
A case study, conducted by Ocean Harvesting Technologies and Lundin Energy Norway, has shown that wave power could provide significantly more stable power production than offshore wind for the electrification of oil and gas platforms.
10 cargo owners join platform for zero-emission vessels
Ten companies have joined the Cargo Owners for Zero Emission Vessels (coZEV) initiative launched by cargo owners that aim to switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. The latest signatories of the platform include Beiersdorf, Dupont, Electrolux, ETTLI Kaffee,
UK’s first carbon storage licensing round brings 26 bids from 19 players
The UK’s first-ever carbon storage licensing round, encompassing 13 areas, has attracted 26 bids from 19 industry players.
TechnipFMC wins EPCI contract for Shell’s North Sea gas project
Shell has awarded TechnipFMC with an engineering, procurement, construction and installation (EPCI) contract for the Jackdaw development offshore the UK. The contract covers pipelay for a 30-kilometer tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as the delivery of an
Hurtigruten Norway launches its first ship upgraded to battery-hybrid op
Cruise company Hurtigruten Norway has launched its first environmentally upgraded battery-hybrid powered ship, MS Richard With.
BP prolongs Prosafe unit’s stay in UK North Sea
Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units with BP in the UK North Sea.
Two more dual-fuel tankers for Furetank
Swedish shipping company Furetank has signed a contract for the construction of two more dual-fuel tankers. The 17,999 dwt tankers have been ordered from China Merchants Jinling Shipyard in Yangzhou, and they are set for delivery in fall 2024 and spring 2025 respectively. The Vinga vessels have dual
Air Products to work on second liquid hydrogen facility in Rotterdam
Industrial gas supplier Air Products plans to start construction of a second hydrogen liquefaction plant in Rotterdam.
More work offshore Norway for Floatel units
Floatel International has secured contract extensions with Equinor for two units operating offshore Norway.
Ex-Oceaneering subsea head to lead Rovco’s US expansion
UK-headquartered subsea technology company Rovco has entered the U.S. offshore wind market with the strategic appointment of the director for the Americas. Located in New York, Mitchell Johnson has been appointed to expand the company’s global footprint and establish operations in the U.S. According
Five wave energy projects proceed to next phase of EuropeWave
Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.