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Business Developments & Projects

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Courtesy of Terna
Business Developments & Projects

Italy’s Milan-Montalto subsea cable link’s authorization on the cards in mid-2026

Italy’s transmission system operator (TSO) Terna is getting ready to disclose the results of public input on its new project, envisioned to connect Lazio and Lombardy via a route of around 500 kilometers, integrating renewables and increasing energy transport capacity.

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

NKT widens production capacity at its cable accessories factory in Germany

Danish power cable manufacturer and installation firm NKT has embarked on a mission to expand production capacity at its cable accessories site in Nordenham, Germany, to meet the continued high demand for medium-voltage power cable accessories in Europe.

about 11 months ago
Double win for Baker Hughes offshore Norway
Business Developments & Projects

Vår Energi enlists Norwegian firm to support its oil & gas drilling and subsurface activities

Norway’s Well Expertise Consultancy, a subsidiary of Well Expertise, has landed a multi-year deal to provide Vår Energi, an oil and gas operator, with drilling, wells, and subsurface consultants to assist the hydrocarbon player in carrying out onshore and offshore operations on the Norwegian Contine

about 11 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Business Developments & Projects

Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission

England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea.

about 11 months ago
Pilot field development plan; Source: Orcadian Energy
Business Developments & Projects

North Sea license extension enables more time to revamp field development plan

Ping Petroleum, an independent upstream oil and gas company incorporated in Bermuda, has secured a multi-year license extension for a giant undeveloped North Sea field on the UK Continental Shelf (UKCS).

about 11 months ago
Map showing EGL5; Source: National Grid
Business Developments & Projects

Community input seen as ‘vital’ piece of UK’s next subsea electricity transmission puzzle

Scottish transmission system operator (TSO) SSEN Transmission has sent out an invitation to residents to attend events designed to provide more insight into the plans for the development of the UK’s fifth subsea electricity superhighway project, envisioned to link Scotland and England.

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

All systems go for Barents Sea exploration ops with COSL rig

Equinor has obtained the Norwegian authorities’ blessing for drilling activities in the Barents Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 11 months ago
Island Constructor vessel; Source: Island Offshore
Business Developments & Projects

Well intervention vessel duo gets go-ahead for ops across Aker BP’s oil & gas assets

Aker BP has received consent from the country’s offshore safety regulator to use two of Island Offshore’s mobile offshore units (MOU) for work on its operated portfolio in Norway.

about 11 months ago
Floatel Endurance; Source: Aker BP
Business Developments & Projects

More work for Floatel’s 2015-built vessel with Norwegian oil & gas player

Floatel International, an offshore accommodation provider, has won a new assignment for a ten-year-old semi-submersible accommodation vessel off the coast of Norway.

about 11 months ago
Oseberg field centre in the Norwegian North Sea; Credit: Trond Glaser/Equinor
Business Developments & Projects

Decade-long gas deal in Europe lands on Equinor’s energy supply list

Norwegian state-owned energy giant Equinor has struck a new multi-year agreement with the Capital City of Prague’s gas and electricity company, Pražská plynárenská, to supply gas to the Czech Republic. The ten-year deal, which has enabled gas supplies to the Czech Republic, will last until October 1

about 11 months ago
Wärtsilä
Business Developments & Projects

New Aasen Shipping bulker to feature Wärtsilä’s propulsion system

Finland-based technology group Wärtsilä has been selected to provide an integrated hybrid propulsion system for a bulk carrier currently under construction at the Dutch Royal Bodewes shipyard for Norwegian maritime transport company Aasen Shipping. According to officials from Wärtsilä, the 9,500 dwt

about 11 months ago
Subsea rock installation vessel; Credit: Jan De Nul
Business Developments & Projects

Finnish firm to arm Jan De Nul’s subsea rock installation vessel with propulsion package

Finland-headquartered propulsion specialist Steerprop has been entrusted with equipping a new subsea rock installation vessel with a complete propulsion package. Once constructed, this ship is destined to join the fleet of Jan De Nul, a dredging and offshore contractor.

about 11 months ago
Fugro Italy
Business Developments & Projects

Fugro wraps up surveys for 330 MW offshore wind farm in Italy

Fugro has completed geophysical and archaeological surveys for Energia Wind 2020 to support the development of the 330 MW Rimini offshore wind farm. The survey covered both the wind farm site and the export cable corridor, located approximately 12 nautical miles (approximately 22 kilometers) off th

about 11 months ago
Askeladden rig; Source: Equinor
Business Developments & Projects

Two North Sea wildcats on 2017-built rig’s drilling list next month

Norwegian state-owned energy giant Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which will be drilled using a rig managed by KCA Deutag, operating under the umbrella of Helmerich & Payne (H&P).

about 11 months ago
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