Business Developments & Projects
HelioRec forms consortium to develop floating solar plant for aquaculture sector
French start-up HelioRec has formed consortium with +ATLANTIC CoLAB to develop a floating solar project for the aquaculture sector.
Stena rig bags new UK contract with TotalEnergies
Stena Drilling has secured a new contract for a semi-submersible rig with TotalEnergies for operations off the UK.
Boskalis Subsea Services settles in Port of Sunderland
Aberdeen-headquartered Boskalis Subsea Services has opened a new regional project office at the Port of Sunderland. Boskalis Subsea Services said it will use the base to expand the presence of its business vessel operations in the UK, as it looks to cater for growing demand for its offshore, IRM, co
Semco Maritime to service Floatel unit ahead of new job
Offshore accommodation rig provider Floatel has awarded Semco Maritime a contract for service work on a semi-submersible unit.
Ocean Sun, Statkraft reinstall 500kWp floating solar unit in Albania
Europe’s largest renewable energy generator Statkraft and its partner Ocean Sun have completed the reinstallation of the 500kWp floating solar plant in Albania that was damaged and retrieved in mid-2021.
Equinor awards extensions worth over $1.3 bln to Norwegian suppliers
Equinor has extended agreements with Norwegian suppliers valued at over $1.3 billion for maintenance and modification services.
GTT gets HSHI tank design order for 3 LNG-fueled container vessels
French LNG containment specialist GTT has received the fuel tank design order for three new LNG-fueled container vessels from the Korean shipyard Hyundai Samho Heavy Industries (HSHI).
Higher oil & gas prices lift TotalEnergies profit
TotalEnergies saw its quarterly profit soar at the end of 2021 while returning to the black on a y-o-y basis driven by higher prices.
ZIM hires 13 Navios containerships
Israeli shipping company ZIM Integrated Shipping Services has entered into a new charter agreement with Monaco-based shipowner Navios Maritime Partners for a total of thirteen containerships.
Aker BP to splash $400 million on exploration and drill 13 wells in 2022
Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.
Fincantieri, BNP Paribas sign €700M sustainability-linked guarantee facility
Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.
Surveys on Norfolk offshore wind farm extensions to start in March
Hydrographic and geophysical surveys are set to start on the proposed Sheringham Shoal and Dudgeon Extension offshore wind projects in March. The vessel Ocean Research is expected to begin the work around 1 March offshore the North Norfolk coast. Activities will continue for an estimated 120 days, e
Furetank joins LBG development for fossil-free shipping
Furetank joins the development of a new biogas plant producing around 5,000 tonnes of LBG annually as one of the keys to fossil-free shipping.
Bombora starts recruitment drive for marine energy tech
Welsh marine energy company Bombora Wave Power has set out on a recruitment spree seeking several engineers and a manager to help further develop its ocean energy technology.