Business Developments & Projects
Equinor prolongs Odfjell rig’s stay by piling up more work
Equinor has decided to exercise its option for additional wells to be drilled by an Odfjell Drilling-owned rig offshore Norway.
Nexans wins BorWin6 cabling work
Nexans has won the contract for cabling work on the BorWin6 offshore grid connection in Germany, which TenneT awarded following a tendering process. Under the contract with TenneT, awarded through a tendering process, Nexans is responsible for the production and laying of cables, including the sea,
Utopia of the Seas reaches ‘first major’ construction milestone
American cruise line Royal Caribbean International has held a keel-laying ceremony to mark the ‘first major step’ in the construction of Utopia of the Seas – the first LNG-fueled ship of its Oasis class. The keel-laying ceremony took place on 1 July at the Chantiers de l’Atlantique shipyard in Saint
Two Norwegian players to slice up MOL’s stake in two North Sea discoveries
After deciding to buy MOL’s stake in two North Sea licences, Lime has inked a farm-down deal with Vår Energi for a portion of this stake.
TotalEnergies has multi-gigawatt offshore wind plans in Denmark
TotalEnergies, the France-headquartered oil and gas and energy major, has multi-gigawatt offshore wind plans in Denmark. There, the company is eyeing the development of a minimum of 1.3 GW and a maximum of around 5.8 GW of offshore wind through two projects.
Valaris sells jack-up and secures more work for multiple rigs ‘across several geographies’
Valaris has been awarded new deals and contract extensions for ops in Brazil, Australia, Brunei, North Sea, and the U.S. Gulf of Mexico.
Equinor’s oil & gas output to drop while it shuts in fields as offshore workers go on strike
Equinor has shut down production at three fields off Norway and revealed plans to do the same with four more due to oil & gas workers’ strike.
Maersk Tankers launches digital solution to help ships track their emissions
Danish tanker shipping firm Maersk Tankers, together with shipowners in its pools, has launched a new digital solution to help owners meet the required marine emissions standards.
WATCH: Valaris rig sets sail for its gig with Repsol
Valaris has revealed that one of its jack-up rigs is on its way to its new assignment with Repsol, a Spanish oil and gas company.
Norway greenlights boost in output from several fields to meet energy demand
Norway’s government has devised a plan to ramp up output at several fields to maintain high gas exports to Europe and meet the growing demand.
Teekay hands over FPSO vessel for UK project with potential to be powered by offshore wind
Teekay Corporation has delivered an FPSO vessel to an operator of a North Sea project, which anticipates operational deployment by 2025.
Subsea cable installation ops begin at Shetland HVDC link
Scottish Hydro Electric Transmission has commenced the first cable installation campaign of the Shetland HVDC link. Campaign 1, which begins at Noss Head, North of Wick, started on 23 June and is scheduled to take place until 18 December. NKT Victoria is in charge of laying the cable, after which Gr
DNV: Aegean Myth is the first verified SEEMP III vessel
Classification society DNV has awarded a certificate to Greek shipping company Arcadia Shipmanagement recognizing the tanker Aegean Myth as the first vessel globally to have a SEEMP III manual.
Shell joins QatarEnergy’s North Field East LNG expansion
QatarEnergy has selected Shell as a partner in the large North Field East LNG expansion project.