Business Developments & Projects
d’Amico secures $82M sustainability-linked loan
d’Amico Tankers, part of Italian shipping company d’Amico International Shipping (DIS), has signed an $82 million sustainability-linked loan concerning four of the company’s tankers.
Westwood sees five-year offshore EPC spend reaching whopping $276 billion
The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
Construction of Brunsbüttel LNG terminal kicking off in September
Germany will begin the construction of its planned Brunsbüttel LNG terminal in September with the commissioning expected at the turn of the year 2022/2023.
UK offshore wind pioneer buys US marine environmental consultancy
UK offshore wind pioneer Venterra Group has entered the U.S. market with the acquisition of INSPIRE Environmental, a Rhode Island-based marine environmental consultancy. Founded in 2015, INSPIRE collects, interprets and visualizes seafloor data for clients in the offshore wind, ports and marine cons
Pioneering Spirit vessel removes and delivers North Sea platform jacket for disposal – gallery
Allseas and its Pioneering Spirit vessel have completed the removal of Repsol Norge’s massive 30,000-tonne Gyda platform from the North Sea.
Port of Amsterdam to install ship-to-shore power for sea cruises by 2025
The Dutch Port of Amsterdam has started the design phase for the installation of ship-to-shore power for sea cruises at the Passenger Terminal Amsterdam (PTA) to make the berths greener. The port kicked off the design phase together with grid operator Liander. As one of the components of this phase,
Regulatory order for Equinor over maintenance management on North Sea platform
The Norwegian offshore safety regulator followed up an audit of Equinor’s platform in the North Sea with an order to the operator.
Mermaid adds multiple contracts to its to-do list
Mermaid Group has secured multiple contracts through its subsidiaries in Thailand, the Middle East and the United Kingdom with a combined value ranging between $175 and $265 million. The scope of work includes cable laying, inspection, repair and maintenance (IRM), decommissioning, and other related
AMOG concludes Sea-Saw wave energy device trials
AMOG Consulting has completed model testing of its Sea-Saw wave energy converter as part of the EuropeWave project.
Technip Energies and NPCC form joint venture to support energy transition
French engineering company Technip Energies and UAE’s National Petroleum Construction Company (NPCC) have established a new company to accelerate the energy transition.
Construction of first shore power station for boxships begins in Hamburg
The Hamburg Port Authority (HPA) has commissioned the construction of the first shore-side power stations for containerships at Hamburger Hafen und Logistik AG (HHLA) Container Terminals Burchardkai and Tollerort in the Port of Hamburg. For this project, HPA has contracted German technology giant Si
Eight more Equinor wells lined up for Odfjell rig
Equinor decided to add more wells to the backlog of an Odfjell Drilling-owned rig, which now has eight more wells to drill offshore Norway.
TotalEnergies in new Papua LNG milestone
TotalEnergies has announced the launch of the first phase of front-end engineering and design studies for the Papua LNG project’s facilities.
Norwegian giant obtains permit for North Sea well duo
Equinor has secured a permit from the country’s authorities to drill two wells in the North Sea off Norway, using one of Transocean’s rigs.