Business Developments & Projects
Poseidon Principles for Marine Insurance enter into force as new signatories join
The UK’s insurance company Navium Marine and its US-based counterpart AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the principles to enter into force.
Repsol reopens North Sea field after oil spill-related shutdown
Repsol has experienced production interruption at its operated Yme field located offshore Norway but the field has now been restarted.
Saipem brings sustainability to subsea pipelaying
Saipem has revealed a new, sustainable subsea pipelaying method which allows forming vertical cold bends in the pipeline in a strictly controlled way and directly underwater by means of a specially designed remotely operated underwater bending machine. The Underwater Cold Bending technology is said
Ocean Harvesting develops high-strength concrete hull for wave energy device
Swedish company Ocean Harvesting Technologies is developing a novel concrete hull for the InfinityWEC wave energy converter, using high-strength concrete with low environmental footprint.
France LNG Shipping inks another LNGC charter deal with EDF
French ship-owning company France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France.
Swedish offshore wind developer opens call for seabed surveys
Swedish energy company Vattenfall has issued a tender looking for a contractor or contractors to deliver bathymetric survey services at offshore wind sites. Vattenfall plans to sign a framework agreement with the selected company/companies for scheduled and ad-hoc seabed surveys at offshore wind pro
DB Schenker to operate zero-emission autonomous coastal container feeder in Norway
Germany-based logistics provider DB Schenker has revealed plans to operate a zero-emission coastal container feeder vessel between Ikornnes quay and the Port of Ålesund in Norway.
Contract extended for DOF’s high-end subsea vessel until 2024
DOF Subsea has secured a contract extension for the 160-meter long high-end subsea vessel Skandi Africa. The new commitment will commence in direct continuation with the current commitment and will run until February 2024. DOF Group CEO, Mons S. Aase, said: “Skandi Africa is the most sophisticated v
HAV Group gets go-ahead for hydrogen-based energy system for ships
Norwegian HAV Group ASA has received preliminary approval for the hydrogen-based energy system for ships developed in the FreeCO2ast project, making a step towards the commercial use of hydrogen fuel by a commercial vessel.
Hudong orders GTT tank design for MOL’s four new LNGCs
Chinese shipbuilder Hudong-Zhonghua has ordered the tank design for four new LNG carriers it is building for Japan’s MOL from the French LNG containment specialist GTT.
Oilfield services giants win big as Equinor hands out over $2 bln worth of contracts
Equinor is extending its contracts with Baker Hughes, Halliburton, and Schlumberger for integrated drilling and well services.
Stolt Tankers, Rotterdam Port, Vopak to explore shore power use for chemical tankers
Norwegian tanker operator Stolt Tankers, part of Stolt-Nielsen, has signed a memorandum of understanding (MOU) with the Dutch Port of Rotterdam Authority and Vopak terminal Botlek to conduct a six-month feasibility study for the use of shore-based power for chemical tankers calling at the terminal.
Sunlit Sea launches temporary floating solar plant at the Port of Oslo
Norwegian company Sunlit Sea has deployed a temporary offshore floating solar power plant in Oslo to test the concept for city-integrated floating solar power.
Aker BP becoming operator of all NOAKA discoveries to ensure efficient execution
Equinor and Aker BP have inked a deal for the transfer of operatorship, allowing the latter to take the operator helm in the NOAKA area.