Business Developments & Projects
TES to manage Excelerate’s FSRU in Germany with E.ON and ENGIE
European energy companies Tree Energy Solutions (TES), E.ON, and ENGIE have partnered up to manage the fifth FSRU import terminal in Germany.
Two Norwegian Sea wells on Equinor’s drilling agenda for November
Equinor has secured a drilling permit from the country’s authorities for two wells located in the Norwegian Sea.
The largest single UK decom job to date goes to Pioneering Spirit
Allseas has been awarded a major decommissioning contract by TAQA UK for the removal and disposal of multiple Northern North Sea facilities.
Study uncovers four potential electrification paths for oil & gas assets
A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.
Hutchison Ports, MSC’s TIL want to develop new container terminal in Rotterdam
Hong Kong-based Hutchison Ports and Terminal Investment Limited Sàrl (TIL), the terminal investment company of Swiss container shipping giant Mediterranean Shipping Company (MSC), revealed their intention to develop a new container terminal in the Europahaven, Rotterdam.
Valaris to bag nearly $150 million from new contract awards
Offshore drilling contractor Valaris has revealed new contracts and contract extension awards, with an associated backlog of $149 million.
Energinet starts feasibility studies for four new Danish offshore wind farms
The board of the Danish transmission system operator (TSO) Energinet has officially given the green light to carry out feasibility studies for four new offshore wind farms totalling up to 7.2 GW in capacity. This follows Energinet receiving orders from the Danish Energy Agency (DEA) and the Ministry
EEL Energy closes fundraiser with new investors on board
French pioneer of membrane-based tidal energy converters EEL Energy has closed an equity round, securing existing shareholders’ support and brining new international investors to the company.
Noble-Maersk merger gets clearance from UK regulator
UK’s competition regulator has now completed its review of the business combination between Noble Corp. and Maersk Drilling.
New CEO takes over the rains at Repsol Sinopec
Repsol Sinopec Resources UK has appointed a new Chief Executive Officer (CEO) as its previous one is relocating to Spain.
WinGD, HSD Engine team up on methanol-fueled two-stroke ship engines
Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a joint development project (JDP) to advance the development of WinGD’s methanol-fueled big-bore engines.
IRENA joins forces with industry leaders to unlock green industrialization opportunities
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.
Fugro to work on first Mediterranean floating offshore wind project
Fugro has won a contract with Renexia to carry out surveys at the 2.8 GW Med Wind project, the first floating offshore wind project in the Mediterranean. Fugro will perform marine geophysical and environmental surveys to acquire comprehensive geo-data at the proposed wind farm location in water dept
First stage of Estonian Paldiski LNG terminal completed
The first phase of the construction of the Paldiski LNG terminal in Estonian the port city of Paldiski has been completed, local media reports.