Business Developments & Projects
NSNR hires Shearwater for 3D seismic survey of Central North Sea project
Shearwater GeoServices has secured a contract with North Sea Natural Resources (NSNR) to conduct a 3D survey of the Devil’s Hole Horst prospect in the Central North Sea. The towed streamer survey covers approximately 1,586 square kilometres. It is expected to commence imminently and will continue fo
Second North Sea discovery in four months for Neptune
Oil and gas company Neptune Energy has made a minor oil discovery near its operated Gjøa field in the North Sea off Norway.
Aker BP picks contractor for ‘largest new-build project in many years’
Aker BP has picked Rosenberg Worley to construct two models for the new central platform on a field in the North Sea.
PGS and Shell ink multi-year multiclient library access deal
Norwegian seismic company PGS and oil and gas major Shell have entered into a multi-year agreement for access to a significant part of PGS’ multiclient data library. Under the agreement, Shell will gain rapid and easy access at scale to the PGS multiclient library which will play an important part i
WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost
As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.
Everfuel and Karlstads Energi partner on Swedish hydrogen hub
Danish green hydrogen provider Everfuel and Swedish energy company Karlstads Energi have signed a memorandum of understanding (MoU) to develop a hydrogen hub in Karlstad, Sweden.
Equinor to press on with procurement processes for Bay du Nord oil project
Equinor will continue its Bay du Nord procurement processes, including options such as the recent expression of interest for FPSO Topside Engineering and Procurement for FEED, with an option for execution.
Geophysical survey to begin at Irish offshore wind project
An offshore geophysical survey campaign will soon start at the Arklow Bank Wind Park Phase 2 located off the Wicklow coast in the Irish Sea. The goal of the survey is to provide site investigation information to facilitate the development of the Arklow Bank Wind Park. Work is anticipated to start at
Scrubber market to reach $16.4 billion by 2030
The global marine scrubber market is estimated to achieve a market size of $16.38 billion by 2030, according to a new report issued by Acumen Research and Consulting.
EMEC schedules open days in Orkney
The European Marine Energy Centre (EMEC) is holding open days next week for the public to hear about the testing and demonstration activities happening in Orkney.
Norwegian gas holds potential to play ‘key place’ in Europe’s energy transition
Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.
New offshore drilling solutions provider makes first acquisition
HMH Holdings has completed the acquisition of Electrical Subsea & Drilling (ESD), a Norwegian company that holds a portfolio of patents and technology with applications in the oil and gas industry. HMH stated that ESD’s most promising technologies are those related to electronic blowout preventers a
Svitzer: Tug speed initiative saves 1,000 tonnes of CO2
Towage operator Svitzer, part of A.P. Moller-Maersk, has announced that its ‘Aim for 8’ speed initiative – which asks tug crews to navigate at a maximum speed of eight knots during mobilisation and demobilisation – has successfully prevented 1,000 tonnes of CO2 from being emitted into the atmosphere
TotalEnergies and COSCO in milestone biofuel bunkering op
TotalEnergies Marine Fuels has completed the first refueling of a COSCO Shipping Lines containership with sustainable marine biofuel.