Business Developments & Projects

Oceaneering orders P&A equipment for North Sea decom campaign
Oceaneering International Sevices has placed an order for plug and abandonment (P&A) equipment and services from Plexus Holdings to support the first joint decommissioning campaign in the Dutch sector of the North Sea.

Orbital Marine seeking geotechnical engineering support for anchor design
Scottish tidal energy company Orbital Marine Power has issued a tender seeking geotechnical engineering support for anchor design for a range of possible future commercial sites. Specifically, engineering support is required in the field of drilled rock anchors as the company is looking to do a deta

NES battery package ordered for Volstad’s subsea vessel
Norwegian Electric Systems (NES), part of HAV Group, has secured a contract with compatriot shipowner Volstad Maritime to deliver the battery package and associated control system for battery charging to the subsea construction vessel M/S Volantis.

First methanol-powered tanker joins Proman Stena Bulk JV
Shipping joint venture Proman Stena Bulk has taken delivery of the first of six 49,900 dwt methanol-powered dual-fuel medium-range tankers.

QatarEnergy picks Eni as partner in North Field East LNG project
Qatar’s state-owned oil and gas company QatarEnergy has selected Italian oil and gas company Eni as a partner in its giant North Field East LNG expansion project.

Fresh five-year deal for Craig International in UK
Craig International has won a long-term deal in the UK sector of the North Sea with Ineos FPS, potentially valued at over £20 million.

Norwegian petroleum regulator’s director general steps down to join private sector
The Norwegian Petroleum Directorate (NPD) has revealed that its director general has tendered her resignation, effective immediately.

Norway to endure as exploration hotspot in spite of area’s maturity and recent global events, says Westwood
Even though the NCS is one of the mature areas, Westwood expects that exploration activity will continue to thrive in Norway.

German Naval Yards: First ship to be sustainably recycled in Kiel
In cooperation with recycling centre Leviathan GmbH, shipyard German Naval Yards has welcomed the first ship that is to be recycled 100% sustainably for the first time.

UK offshore wind pioneer buys two subsea services providers
UK offshore wind pioneer Venterra Group is acquiring two compatriot companies as part of its goal to build a service offering across the wind farm lifecycle, including engineer, build and support services. Venterra revealed it is buying Balltec, a provider of high-integrity connectors for subsea and

McDermott christens ultra-deepwater J-Lay vessel
McDermott has held the christening ceremony for its newly converted Amazon vessel in the Port of Rotterdam, the Netherlands.

As O&G share of MMO market goes down, renewables and low-carbon to take increasingly large slice of pie – Rystad
The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.

Echandia battery picked for 2nd emission-free catamaran in Stockholm
Swedish energy systems provider Echandia has received a second order from compatriot company Green City Ferries AB.

Equinor mulls options for building floating offshore wind farm to supply renewable power to North Sea fields
Equinor and its partners in the Troll and Oseberg offshore fields are looking into options for building a floating offshore wind farm.