Business Developments & Projects

Chinese operator orders four Leonardo helicopters for oil & gas ops
China’s COHC has signed a contract with Italy’s Leonardo for four AW139 medium twin-engine helicopters.

SWEL looks for partners to help commercialize wave energy device
Sea Wave Energy Limited (SWEL) is looking to form strategic alliances to assist it with the final tests on a pilot Waveline Magnet model, and drive forward the commercialization of its wave energy technology.

Shell and Deltic commit to drilling high-impact North Sea prospect
Shell and its partner Deltic Energy have decided to drill a high-impact well on a gas prospect in the UK sector of the North Sea.

LNG Croatia FSRU marks new milestone
Croatia’s LNG import terminal on the island of Krk, via the LNG Croatia FSRU, has completed the 100th LNG reloading operation from the vessel to a truck.

Dolphin Drilling and IKM Gruppen sign drilling and well services deal
Dolphin Drilling has entered into a master frame agreement with Norway’s IKM Gruppen for drilling and well services.

BOA Sub C to work for Subsea 7
Norwegian offshore contractor BOA OCV has secured a contract with Subsea 7 for the subsea construction vessel BOA Sub C. The contract will commence in spring 2023 for a firm period of one year. The agreement also includes options which, if declared, will keep the vessel utilized into the first quart

Sumitomo subsea cable for first UK-Germany interconnector
Prysmian has awarded Sumitomo Electric Industries with a contract for the supply of 150 kilometers of HVDC submarine cable for the NeuConnect Interconnector between the UK and Germany. Sumitomo Electric has been appointed as a subcontractor to supply a section of 525 kV HVDC mass impregnated cable t

Snam and Edison to work on small-scale LNG projects in Italy
Italian energy players Snam and Edison have signed an agreement for the joint development of small-scale LNG projects in the country.

‘Aggrieved’ FPSO workers to down tools over redundancy package
UK’s Unite the union has confirmed that its members operating the Foinaven FPSO vessel have voted to take strike action.

WES seeks assessment of floating wind and wave energy mix
Wave Energy Scotland (WES) has launched a tender for a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.

New semi-submersible heavy transport vessel joins Seaway 7 fleet
Seaway 7 has taken delivery of its new 50,000-ton DWT semi-submersible heavy transport vessel (HTV) named Seaway Swan. Seaway Swan is suitable for float-over operation projects, feeder duties alongside installation vessels, and subsea construction support. Seaway 7 entered into a bareboat contract w

CorPower Ocean delivers commercial-scale composite WEC hull
Swedish company CorPower Ocean has unveiled its first commercial-scale composite hull, which is an integral part of its next generation C4 wave energy devices.

With drilling campaign all done, Neptune gearing up for Norwegian field start-up
In preparation for production start-up, Neptune Energy ha completed drilling four development wells on the Fenja field in the Norwegian Sea.

Uniper’s hydrogen pilot project receives funding decision
Germany’s energy company Uniper received the funding notification of €2.375 million ($2.433 mln) for its planned hydrogen pilot project at the Krummhoern natural gas storage site.