Business Developments & Projects
Works on Shetland HVDC link pressing on, first subsea installation set for summer 2022
The Shetland HVDC subsea link project has reached several milestones in recent months with the completion of UXO surveys and the first phase of boulder relocation as well as onshore drilling work.
MMHE, Silverstream ink partnership to promote air lubrication tech
Marine engineering and construction services provider Malaysia Marine and Heavy Engineering (MMHE) has signed a strategic agreement with UK cleantech company Silverstream Technologies.
Malta seeking FEED services for 2nd electrical cable link with Sicily
Government-owned InterConnect Malta has launched a call for tenders seeking the provision of front end engineering design (FEED) for the second electrical cable interconnection project between Malta and Sicily.
With 50 years of operations under its belt, Ekofisk gets another life extension
Norwegian Ministry of Petroleum and Energy has extended ConocoPhillips’ production licenses in the Greater Ekofisk Area.
Recently-launched subsea cable producer signs UK Steel Charter
XLCC has signed the UK Steel Charter, committing to create a new export-led HVDC cable manufacturing industry for the UK. The UK Steel Charter aims to maximize opportunities for the UK economy and UK steel producers by encouraging and promoting measures that can be taken in relation to the procureme
MadoquaPower2X consortium to produce hydrogen and ammonia in Portugal
European consortium MadoquaPower2X launches a $1.08 billion industrial-scale project for large-scale production of green hydrogen and ammonia in Sines, Portugal.
TechnipFMC scores iEPCI contract for Maria revitalization project
TechnipFMC has won an integrated engineering, procurement, construction, and installation (iEPCI) contract by Wintershall Dea Norge for the Maria revitalization project in the Norwegian Continental Shelf. The revitalization project will tie in an additional lightweight six-slot integrated template s
Aker BP all set to drill North Sea wildcat
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.
DSME orders GTT tank design for 3 new LNG carriers
South Korean shipbuilder DSME has ordered tank design for three new LNG carriers from French LNG containment specialist GTT.
Plethora of new awards for Solstad vessels amid strong demand from oil & gas
Solstad has secured multiple new deals for its PSVs and AHTS vessels thanks to the increased activity in the oil & gas and renewable sectors.
Falklands project to become ‘largest operated development asset’ for Israeli player
Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project.
Water2Energy makes tidal turbine testing optimizations in Netherlands
Dutch-based company Water2Energy (W2E) has optimized the test setup at the sluice gate in the Port of Flushing to increase the yield of its next-generation tidal energy turbine under trials at the site.
PanGeo gets to work on Hollandse Kust West Beta cable route
Next Geosolutions has selected PanGeo Subsea, a Kraken Robotics company, to provide its sub-bottom imager (SBI) technology to conduct a survey along the Hollandse Kust West Beta cable routes. The London-headquartered NextGeo has been carrying out various works as part of its contract with TenneT for
Norway’s Equinor reveals its first energy transition plan ahead of advisory vote
Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition.