Business Developments & Projects
Boulder removal services wanted for Ostwind 3
German offshore transmission system operator (TSO) 50Hertz has issued a tender seeking boulder removal services on the cable route of the Ostwind 3 project. The contract covers, but is not limited to, the provision and operation of all assets necessary for the works, removal of boulders, and reporti
Wood and Gassco partner up to ensure Europe’s energy supply
Wood has signed a three-year contract with Gassco to support the safe and secure transportation of gas from Norway to the UK and Europe.
Pairing offshore wind and oil & gas goes beyond decarbonisation – report
A study commissioned by Crown Estate Scotland has revealed that connecting offshore wind installations directly to oil and gas platforms could help decarbonisation, support economic activity, and encourage new companies to enter the offshore renewable energy sector. The report, carried out by indepe
Siem Spearfish going to the UK after Gulf of Mexico job
Norway’s Siem Offshore has entered into a contract with an undisclosed client for its offshore subsea construction vessel (OSCV) Siem Spearfish for work in the UK sector. The scope of work consists of walk-to-work (W2W) operations for accommodation support during a maintenance campaign. The contract
CoolCo completes all LNG carrier acquisitions from Golar LNG
The newly formed shipping company CoolCo has now completed all eight acquisitions of LNG carriers from Bermuda-based shipper Golar LNG.
Neptune to double gas output from North Sea field to meet Europe’s demand
Neptune Energy will double gas output from the Duva field in the North Sea to support increased supplies to the UK and Europe.
World’s first hydrogen-powered bulk carrier receives Enova funding
Egil Ulvan Rederi, Felleskjøpet AGRI and HeidelbergCement have received NOK 100 million in support from Enova to build the world’s first zero-emission bulk carrier.
Oil and gas to catapult global energy spending to record highs in 2022, Rystad says
Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
Ithaca Energy gains access to two of the largest undeveloped discoveries in UK North Sea
Ithaca Energy, owned by Israeli Delek, has reached an agreement to acquire Siccar Point Energy, the operator of the Cambo oil project.
First steel cut for Scandlines’ zero-emission hybrid ferry
The first steel plates for Scandlines’ new zero-emission ferry were cut at the Cemre shipyard in Turkey on 4 April 2022.
AWS Ocean Energy’s Waveswing takes a dip offshore Orkney
Scotland-based AWS Ocean Energy has started sea trials at the European Marine Energy Centre (EMEC) as part of the scientific testing program for its Waveswing wave energy converter.
UK plans to ensure energy independence by scaling up renewables while maximising North Sea production
In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.
XOCEAN USV to survey 588 MW UK offshore wind farm
Ireland’s XOCEAN is set to soon commence non-intrusive unmanned subsea surveys of the inter-array cables and turbine locations at the operational Beatrice offshore wind farm in the UK. XOCEAN’s uncrewed surface vessel (USV) X14 will begin the operations on 20 April for a duration of about 7 days on
Finland and Estonia team up to build FLNG terminal
Finland’s ministries support the leasing of a floating LNG terminal together with Estonia to become independent from Russian gas.