Business Developments & Projects

Searcher to take on 3D reprocessing projects around UK’s giant oil field
Searcher Seismic will be working on two new multi-client 3D reprocessing projects to support the infrastructure-led exploration (ILX) strategy in the North Sea offshore UK.

Auramarine rolls out methanol fuel supply system for marine engines
Finnish fuel systems provider Auramarine has invested in the development of one of the industry’s first methanol fuel supply units to meet the demand for methanol as a ‘promising’ future fuel.

Eco Wave Power gets OK to delist from Nasdaq First North
Eco Wave Power has received approval from Nasdaq First North Growth Market Sweden for the delisting of its common shares, as part of the move to shift its focus on the U.S. market.

Nordsol’s bio-LNG installation in production milestone
The Netherlands’ first bio-LNG plant has now achieved a production milestone of one million kilograms of clean fuel that originates from organic waste flows.

Fehmarnbelt dredging hits halfway mark
Dredging operations for the 18 km Fehmarnbelt tunnel between Denmark and Germany achieved a major milestone a couple of days ago – 50 pct of the total amount of soil has now been dredged from the seabed. The Dutch consortium, Fehmarn Belt Contractors (FBC) including Boskalis and Van Oord – responsib

Software company to help BW Energy manage carbon emissions in new oilfield developments
BW Energy has engaged the services of IFS to support its growth strategy, deliver operational efficiencies, and limit emissions.

Another seismic firm joins UK carbon capture, utilisation and storage project
BP, on behalf of the Northern Endurance Partnership (NEP), has awarded Shearwater GeoServices with a contract for geophysical data processing and imaging to advance the East Coast Cluster carbon capture, utilisation and storage (CCUS) project. Shearwater’s UK Processing & Imaging centre will execute

Finnlines takes delivery of the second hybrid RoRo ship
Finnish ferry operator Finnlines, part of Grimaldi, has taken delivery of Finneco II, the second of three roll-on/roll-off (RoRo) vessels in the company’s new Eco class.

Grimaldi christens sixth green giant
Italian Grimaldi Group has held a christening ceremony at the port of Valletta for Eco Malta, the latest hybrid roll-on/roll-off (RoRo) vessel delivered to the company in March.

New CFO taking the reins at Prosafe
Prosafe has now brought its search for a new CFO to an end and hired a new one, who will take over the role in a couple of months.

Technip Energies and COS Petrogaz to collaborate on LNG and decarbonisation in Senegal
Technip Energies and COS Petrogaz have agreed to collaborate on LNG and decarbonisation to accelerate Senegal’s energy transition.

After booking Petrofac as operator, UK player to use Stena rig for North Sea well
i3 Energy has inked a deal with Petrofac for the drilling of an appraisal well in the UK North Sea with a Stena Drilling-owned rig.

CorPower Ocean: Historic EU declarations pave way for rise of wave energy
In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

Paldiski LNG terminal in Estonia step closer to completion
Estonian energy company Alexela has informed that dredging work at the Paldiski LNG terminal site is completed, bringing the import terminal a step closed to completion to serve as an alternative to Russian gas.