Business Developments & Projects
Solstad bags extension with Equinor and offloads another vessel
Solstad Offshore has secured a contract extension for one of its platform supply vessels (PSVs) with Equinor for operations off Norway.
Financial consortium, Turkish gov’t eye investment in hydrogen fuel cell tech
A financial consortium has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses.
Equinor cleared to deploy Transocean rig for well workover
Equinor has received consent from Norway’s safety regulator to use one of Transocean’s rigs for well workover on a field in the Norwegian Sea.
Fugro gets to work on East Anglia Hub
Fugro has secured a contract with ScottishPower Renewables to carry out UXO geophysical surveys within the East Anglia Hub offshore wind area in the southern North Sea. The start of the activities is 20 July, with all operations expected to be concluded by 31 October at the site offshore Lowestoft t
ROVOP on duty for Prysmian
Following a recent new contract award, Aberdeen-headquartered subsea specialist ROVOP has been supporting survey and trenching operations for Italian cabling giant Prysmian Group. According to ROVOP’s social media update, the company is deploying its remotely operated vehicles (ROVs) to support Prys
Dutch company develops offshore wind-powered hydrogen production platform
The Netherlands-based engineering company Iv-Offshore & Energy has developed a platform that uses offshore wind energy to produce 85 kilotonnes of hydrogen per year. With a capacity of 500 MW, the platform can produce enough green hydrogen in a single day to power more than 300,000 hydrogen cars to
Subsea inspection on schedule at Irish gas field
Vermilion Exploration & Production Ireland is about to commence pipeline and subsea structure inspection at the Corrib gas field. The works are part of a maintenance campaign and are expected to begin in field on approximately 14 August and take up to 21 days, weather dependent. The vessel EDT Jane,
Seaway 7 starts early works on Moray West offshore wind project
Seaway 7 has signed a Letter of Award with Moray Offshore Windfarm (West) Limited to start early works on the Engineering, Procurement, Installation and Commissioning (EPIC) of inter-array grid cables for the Moray West offshore wind farm in Scotland. Seaway 7’s scope is under final negotiation and
Exmar sells Tango FLNG to Eni
Belgian shipping company Exmar has signed an agreement with Italian oil and gas company Eni for the sale of Tango FLNG.
IMCA publishes cable burial guidance for offshore renewables and O&G industries
The International Marine Contractors Association (IMCA) has issued guidance looking at different methods of measuring the depth of burial of subsea cables and pipelines together with factors influencing the depth of burial. Named ‘Guidelines for the Measurement of Depth of Burial’, the guidance is a
Equinor files key document ahead of plans to invest billions in UK oil and gas project
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
Scottish marine energy firm hits fundraising target in two days
Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.
Sval Energi moves to buy Suncor’s Norwegian assets
Sval Energi is buying Suncor Energy’s Norwegian business in a bid to expand its portfolio and workforce as part of its growth strategy.
RightShip strengthens digital ESG expertise with Thynk acquisition
Maritime risk management and environmental assessment agency RightShip is acquiring Thynk Software’s maritime tech business. The move builds upon close collaboration between the two companies on RightShip’s digital Platform in 2021. Big data and predictive analytics play a massive role in the ship v