Business Developments & Projects
LNG open season at Wilhelmshaven Green Energy Hub shows strong market interest
Belgian hydrogen company Tree Energy Solutions (TES) has said that the open season raised strong market interest in its Wilhelmshaven Green Energy Hub in Germany.
SMD, Van Oord join forces to improve subsea equipment uptime
Subsea robotics designer and manufacturer Soil Machine Dynamics (SMD) and marine contractor Van Oord have entered into a parts and services framework agreement with the aim to reduce downtime and improve efficiencies. As part of the agreement, both companies will share industry insight and knowledge
Orcadian pursuing approval of North Sea field development plan
Orcadian Energy has submitted a draft field development plan for the Pilot oilfield located in the UK North Sea to the NSTA.
German and Scottish universities team up for hydrogen research
The Scottish University of Strathclyde and the German Technical University of Braunschweig have teamed up to develop a digital toolkit for hydrogen production.
Aker Solutions and NOV partner up to optimize subsea system solutions
Aker Solutions and NOV have signed a long-term technology cooperation agreement to optimize subsea system solutions, expected to enable sustainable oil and gas, low carbon, and renewable solutions. According to the parties, the joint effort will combine the technology strengths of NOV and Aker Solut
Ocean Yield buying methanol-ready boxship
Norwegian shipowner Ocean Yield AS has decided to purchase a containership newbuilding under construction in South Korea.
TotalEnergies becomes the first partner in QatarEnergy’s North Field East LNG project
Qatar’s state-owned oil and gas company QatarEnergy has selected French energy giant TotalEnergies as the first partner for its giant North Field East LNG expansion project.
‘Important milestone’ for UK firm as it becomes operator of North Sea FPSO and cluster
Anasuria Operating Company (AOC) has replaced Petrofac as the installation and pipeline operator for a cluster and an FPSO in the North Sea.
Naftogaz and Symbio enter into LNG and LH2 deal
Ukraine’s oil and gas company Naftogaz has entered into a deal with the Canadian energy developer Symbio Infrastructure to purchase liquefied natural gas (LNG) and green liquid hydrogen (LH2) from Canada.
In focus: More countries opting for renewables instead of fossil fuels
More and more countries around the world are preparing to shift to renewable energy and gradually quit the fossil fuel game with dozens of new commitments, projects, and initiatives announced in the week behind us.
Subsea Integration Alliance staying together for another seven years
Subsea 7 and Schlumberger have signed an agreement to renew the Subsea Integration Alliance for a further seven years and continue to jointly develop subsea solutions for deepwater developments. Subsea Integration Alliance is a non-incorporated alliance between Subsea 7 and OneSubsea, Schlumberger’s
Green Freeport bid to turn North East Scotland into “net-zero capital of Europe”
A regional alliance, including Peterhead Port Authority, Port of Aberdeen, Aberdeen International Airport and Aberdeen City and Aberdeenshire councils, has launched its formal bid for Green Freeport status. It is estimated that the status will boost GVA by £7.5 billion (around $9.4 billion) over the
JDR joins Science Based Targets initiative
UK’s JDR Cable Systems has joined the Science Based Targets initiative (SBTi) and has set targets to reduce its emissions and impacts. In its announcement, JDR stated that it is very motivated about plans to grow its business and deliver more cable products and services which will bring more renewab
Italy invests €700M to double interconnection with Greece as first link celebrates 20th birthday
Italian transmission system operator (TSO) Terna is planning to invest €700 million to double the electricity exchange capacity between Italy and Greece, expected to facilitate a higher integration of renewable sources. The plan was announced on the day that Terna celebrated 20 years of the first su