Business Developments & Projects

All approvals secured for Lundin Energy-Aker BP merger
Lundin Energy and Aker BP have received all necessary governmental approvals for the merger between Lundin Energy’s E&P business and Aker BP.

WATCH: Njord A platform returns to the field after major revamp
After nearly six years, Equinor has completed the renovation of its Njord A platform and towed it to the Norwegian Sea.

Another Maersk rig to get low-emission upgrade ahead of new gig
Maersk Drilling has secured a contract with Aker BP, who will employ an ultra-harsh environment jack-up rig at the Ivar Aasen field offshore Norway.

Op-ed: What the UK energy security strategy means for wave and tidal stream energy
In an op-ed piece, Richard Arnold, policy director at the UK Marine Energy Council discusses the recently published British Energy Security Strategy, and what it means for UK’s wave and tidal stream energy industries.

Havila Kystruten takes delivery of second eco-friendly hybrid cruise ship
Norwegian shipping company Havila Kystruten has taken delivery of its second eco-friendly hybrid-powered cruise ship Havila Castor at Tersan shipyard in Turkey.

Scientific marine buoy makes a splash at Marine Energy Test Area in Wales
Launched by Offshore Renewable Energy (ORE) Catapult’s Marine Energy Engineering Centre of Excellence (MEECE), the marine buoy will undergo sea trials to test the equipment aimed at accelerating the development of marine renewables in Wales.

BP makes headway with plans to develop North Sea oil field
Oil and gas major BP is moving ahead with plans for the development of the Murlach field in the UK North Sea.

Green Marine, Opsealog team up to advance shipping’s environmental performance
Opsealog, a provider of digital performance management solutions for shipping, has become a partner to Green Marine, a voluntary environmental certification program for the maritime industry.

In pursuit of restructuring goals, Havila sees the back of two vessels
Havila Shipping has sold two of its platform supply vessels to an undisclosed buyer in a bid to pursue its restructuring strategy.

In focus: Activists take the front line against fossil fuels, as maritime industry steps up clean fuels game
‘Actions, not words’ perfectly summarizes the general feeling of environmental activists who took the front line in fight against fossil fuels industry and its supporters. Living up to their creed, however, is the maritime sector which has also stepped up efforts on a global level to adopt more envi

New North Sea projects targeting 1.3 billion barrels of oil and gas
The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.

Dublin firm hands in application for new cross-border interconnector
A Dublin-headquartered company has made an application to Ofgem for a licence that would allow it to participate in the operation of a new subsea and underground electricity interconnector.

WaveRoller re-validated with Solar Impulse Foundation label
AW-Energy’s WaveRoller wave energy technology has been re-validated with the ‘Solar Impulse Efficient Solution’ label following an assessment performed by external independent experts and based on verified standards.

Xlinks and UK govt discussing CfD for UK-Morocco power link
Xlinks is in discussion with the UK Government about Contract for Difference (CfD) support for the planned interconnector between Morocco and the UK. According to Xlinks, the power project will be capable of supplying 8% of Great Britain’s electricity needs at £48/MWh for 25 years under the current