Business Developments & Projects

MPS appoints German wind turbine supplier for commercial-scale renewable energy hybrid
Welsh company Marine Power Systems (MPS) has awarded a contract to Windsy for the supply and deployment of the wind turbine to be used on the megawatt-scale wind and wave energy hybrid demonstrator.

Baltic Pipe receives operating permit
The Baltic Pipe project has received the operating permit, completing the process of obtaining all necessary decisions. The offshore gas pipeline is scheduled for partial commissioning this October and full commissioning on 1 January 2023, at a full annual capacity of up to 10 BCM. The opening cerem

Kongsberg Digital to digitise entire GasLog LNG fleet
Norwegian digital solutions provider Kongsberg Digital has signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, a Bermuda-based provider of LNG shipping services.

AtoB@C Shipping secures €32.2M loan for electric hybrid vessels
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has signed a €32.2 million loan agreement with Swedish ship financing provider Svenska Skeppshypotek.

No hydrocarbons for Polish firm in Norwegian Sea well
PGNiG has completed the drilling of a wildcat well in the Norwegian Sea but came up empty as no hydrocarbons were found in this well.

Petrofac lands extension for maintenance services in North Sea
Oilfield services provider Petrofac has secured a three-year contract extension for maintenance services from Serica Energy.

Extra five-well drilling gig for Maersk rig in North Sea
Maersk Drilling has secured five more wells with Petrogas for one of its rigs, which will carry out a drilling campaign off the Netherlands.

Shell CEO to step down at the end of 2022
Oil and gas major Shell plc has announced that Ben van Beurden will step down as CEO at the end of 2022 and that his successor will be Wael Sawan.

Allseas’ Pioneering Spirit taking remaining Tyra jackets to recycling yard – gallery
Allseas is in the process of completing its scope of work in the Tyra redevelopment project by delivering two jackets to a recycling yard.

Shearwater and WesternGeco sign multi-year seismic services agreement
Shearwater GeoServices has signed a multi-year global agreement with WesternGeco for geophysical data acquisition services, as well as secured a new contract offshore Australia. The agreement is said to enable access to Shearwater’s full range of acquisition technologies and global fleet of seismic

New partnership to drive ‘step-change for industrial digitalisation at scale’ for oil & gas sector
Schlumberger has joined forces with Cognite to deliver data-driven solutions for the global energy industry.

Partnership formed to establish green hydrogen supply chain between Ireland and Europe
Irish green hydrogen company EIH2 and Port of Cork have signed a memorandum of understanding (MoU) with the Dutch Port of Amsterdam to establish a supply chain for green hydrogen between Ireland and Europe via the Port of Amsterdam. The agreement is said to reflect the collaboration between Ireland

EU launches €5 billion call to make transport energy efficient
The European Commission (EC) has launched a call for proposals under the Connecting Europe Facility (CEF) for Transport programme which makes available over €5 billion for European transport infrastructure projects.

Norway gets offers for offshore licences from 26 oil & gas firms amid ‘significant interest’
Norway’s Ministry of Petroleum and Energy has received offers for production licences from 26 companies as part of APA 2022.