Business Developments & Projects
MSC Cruises presses ahead with net-zero target
As part of its journey towards net-zero emissions by 2050, the cruise division of Swiss MSC Group will have shore power connections in two Northern European ports this summer.
Wireless subsea observation network for data collection under development off Norway
The University of Bergen and GCE Ocean Technology have entered into a partnership agreement to create a wireless underwater observation network along the coast of Norway to monitor the environment and obtain information about the ocean environment. The parties’ collaborative project called SFI Smart
PGS launches Southern North Sea seismic data reprocessing program
Norwegian seismic company PGS is kicking off the Southern North Sea (SNS) Vision data rejuvenation project targeting a mature gas province in the central SNS area.
Minesto begins 2022 with net loss increase
Swedish marine energy developer Minesto has reported an increase in net loss for the first quarter of 2022 in comparison to the results for the first three months of 2021.
Stena Line chooses Yara Marine shore power solution for 4 ships
Swedish ferry operator Stena Line has decided to equip four vessels with Yara Marine’s shore power solution to strengthen its commitment to using electricity in shore operations.
UK players join forces to drill in North Sea later this year
i3 Energy and Europa have inked a farm-in deal for a sub-area of UKCS Licence P.2358 containing the Serenity discovery in the UK North Sea.
Hyundai Samho orders GTT tank design for 2 LNG vessels
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design for two new LNG vessels from French LNG containment specialist GTT.
Wood boss to retire from the role after seven years
UK oilfield services provider Wood Plc has revealed that its CEO, Robin Watson, is retiring from the role.
Norwegian vessel operator promotes two to management team
Eidesvik has decided to fill COO and CTO roles by promoting internally to pursue further growth and position itself as a tech-savvy player.
Valaris rigs embarking on new assignments
Several offshore rigs owned by Valaris are embarking on their new assignments in the Gulf of Mexico, Mauritania, and Brazil.
MAN ME-GI engines picked for CLdN’s new hybrid RoRos
German engine manufacturer MAN Energy Solutions has won the order to supply four dual-fuel engines for two hybrid, 8,000 lane-meter, roll-on/roll-off (RoRo) vessels.
Denmark to harvest full potential of North Sea to ensure independence from Russian fossil fuels
Denmark has decided to speed up its renewable energy production and temporarily boost its gas output from the North Sea fields.
Gidara Energy sets up Advanced Methanol Rotterdam facility
Dutch energy company Gidara Energy and the Port of Rotterdam will set up an advanced biofuels facility in the Netherlands called Advanced Methanol Rotterdam.
ADES to take over jack-up rig from Maersk
Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction.