Business Developments & Projects
Petrogas plans to unlock stranded North Sea gas discovery within three years
Petrogas plans to develop its Birgitta gas field in the UK North Sea within the next three years following the completion of an appraisal well.
Norway’s Equinor sells shares in two North Sea fields for over $1 billion
Equinor is exiting the Greater Ekofisk Area and selling a share of Martin Linge field off Norway for a total of $1 billion.
BlueStor eyes UK’s first floating organic flow battery for port energy storage
BlueStor, a project created by UK’s MSE International and funded by the Department for Business, Energy and Industrial Strategy (BEIS) under its Longer Duration Energy Storage (LODES) competition, has produced detailed plans for developing the UK’s first floating organic flow battery for decarbonise
ConocoPhillips files development plan for $1.2 bln North Sea project
ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.
NextGeo wraps up offshore surveys for TenneT
London-headquartered NextGeo has completed offshore route survey activities for transmission system operator (TSO) TenneT on three wind zones in the Dutch North Sea. NextGeo finished the final reporting phase of the offshore survey operations (non-UXO) for the Hollandse Kust West Beta (HKWb), Ten No
Gasunie leases 2nd FSRU for Eemshaven from New Fortress
Gasunie has chartered the second FSRU for the LNG import terminal at Eemshaven, this time from New Fortress Energy.
Maersk Supply Service sells three laid-up vessels for scrap
Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.
Thun Tankers orders resource efficient tanker pair
Swedish shipping company Thun Tankers, part of the Erik Thun Group, has placed an order for two environmentally friendly 7,999 dwt tankers in the Netherlands.
Industry big shots join new Global Underwater Hub board
Following its recent establishment, the Global Underwater Hub (GUH) has appointed members of its board who come from a range of backgrounds across the blue economy, including renewable energy, defence and aquaculture. The board members are Sue Barr, chair of Marine Energy Council, Zander Bruce, subs
Kongsberg to furnish Brazil-bound FPSO with electrical and control equipment
Kongsberg Maritime has inked a deal with Yinson to deliver electrical and control technologies for an FPSO, which will operate off Brazil.
UK regulator mulling over rig sale proposal as solution for Maersk-Noble merger
The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
Terna seeks green light for Tyrrhenian Link from Ministry of Ecological Transition
Italian transmission system operator (TSO) Terna has submitted a request for authorization to Italy’s Ministry of Ecological Transition (MiTE) to construct and operate the West Section of the Tyrrhenian Link, which will connect Sicily and Sardinia. Following the submission of the application, the pr
ENGIE, OCI, EEW team up for HyNetherlands hydrogen value chain project
Engie, OCI, and EEW have partnered up to develop HyNetherlands, a large-scale hydrogen-based value chain in the Netherlands.
Danish company concludes floating wind and wave trials in Spain
Danish company Floating Power Plant (FPP) has completed basin tests of its hybrid floating wind and wave platform at IHCantabria facilities in Spain.