Business Developments & Projects
Norway’s Equinor ramping up gas output to help meet Europe’s demand
Norway’s Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe amid supply concerns.
Prysmian finishes North Sea Link ahead of schedule
Italy’s Prysmian has completed the North Sea Link (NSL) interconnector between Norway and the UK ahead of schedule. In 2015, Norwegian system operator Statnett and UK’s National Grid awarded Prysmian with a €550 million project to deliver approximately 950 kilometers of subsea HVDC cables (1400MW, ±
Sembmarine builds 1st Norled zero-emission battery-powered RoPax ferry
The fabrication of the first of three identical battery-operated roll-on/roll-off passenger (RoPax) ferries for Norwegian operator Norled has been completed, Singapore-based shipbuilder Sembcorp Marine said. Sembcorp Marine, which was contracted to design and construct the three ferries, fabricated
Fresh UK North Sea deal for Maersk jack-up
Danish offshore rig owner Maersk Drilling has been awarded a five-month contract in the UK sector of the North Sea.
Port of London Authority progressing towards net-zero with energy study
An energy feasibility study has been conducted for the Port of London Authority (PLA) to identify opportunities to integrate low-carbon technologies across its sites and floating structures, bringing it closer to achieving its sustainability ambitions.
Geogas LPG carriers to feature BV ‘Ammonia Prepared’ class notation
Classification society Bureau Veritas (BV) is supporting the classification and construction of two 40,000 cbm LPG carriers that will be ‘ammonia prepared’.
Nova Innovation looking to bolster its engineering ranks
Scottish company Nova Innovation is looking for fresh engineering talent to join its energetic team working at the forefront of tidal energy industry.
CorPower Ocean set to catch investment wave at Sweden Sustaintech Venture Day
Swedish wave energy developer CorPower Ocean has been selected from 600 companies to appear at the forthcoming Sweden Sustaintech Venture Day, established to support the scale-up of sustainable businesses.
DNV, LR certify battery storage system for electric and hybrid vessels
Swiss energy storage solutions provider Leclanché has obtained recertification from classification societies DNV and Lloyd’s Register for its Marine Rack System (MRS-2) operating on the 65 Ah lithium-ion pouch cells.
IOG adding further new gas flow into UK market
IOG has achieved the first gas from another field which is part of its Saturn Banks Project – Phase 1, located in the UK North Sea.
Subsea 7 awarded another ‘substantial’ contract
Subsea 7 has won what it defines as a “substantial contract” with an undisclosed client for the engineering, procurement, construction, and installation (EPCI) of offshore facilities, subsea pipelines, and associated infrastructure. The award, made to a consortium including Subsea 7, will be recorde
Hyundai Heavy orders GTT tank design for 3 new LNGCs
Korean shipyard Hyundai Heavy Industries (HHI) has ordered tank design for three new LNG carriers (LNGCs)from French containment specialist GTT.
Acteon to grow its operations by buying Oceaneering’s decom assets and staff
Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.
Shell board facing legal action over ‘failing to properly prepare for energy transition’
ClientEarth will be taking legal action against the board of directors of Shell over “mismanaging climate risk.”