Business Developments & Projects

IOG awaits survey data for clarity on next steps for delayed North Sea well
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.

First Hanse Eco coastal ship delivered to RHAS
Germany’s shipping company Rhenus-Arkon-Shipinvest (RHAS) has taken delivery of the first ship in a new Hanse Eco class of coastal ships.

N-Sea charters Dutch hybrid survey and ROV support vessel
N-Sea Group has signed a long-term vessel agreement with Geo Plus for the advanced DP1 hybrid survey and ROV support vessel Geo Focus. N-Sea said the move comes as it had taken significant steps through a plan of growth by creating an environment for future investments, strategic partnerships, and l

SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.

MPS lands £3.5M government grant for floating offshore wind and wave energy tech
UK-based company Marine Power Systems (MPS) has been awarded £3.5 million in grant funding from the UK Government to further develop its floating platform technology and wave energy converter.

iXblue and TotalEnergies showcase uncrewed vehicle ops off France
France’s iXblue and TotalEnergies have completed trials of an uncrewed surface vehicle (USV) and an autonomous underwater vehicle (AUV) as part of their project to demonstrate collaborative uncrewed capabilities for subsea inspection and asset survey operations. The sea trials were conducted recentl

HelioRec installs floating solar pilot in Belgian port
French start-up HelioRec has installed a floating solar power plant in the Port of Oostende in Belgium as part of the EU-funded DUAL Ports initiative.

Ship demolition: 301 tankers sold for scrap in 2021
2021 saw 704 vessels sold for scrap overall, with a combined deadweight tonnage of 26.4 million and a total scrap value of $2.7 billion, a report released by VesselsValue shows.

Yakutia LNG FEED awarded to Aker Solutions and JGC
Norwegian oilfield services provider Aker Solutions and Japanese engineering company JGC have won the front-end engineering design (FEED) contract for Russia’s Yakutia LNG project.

Industry players gather to reduce environmental impact of marine seismic surveys
Shearwater GeoServices and Equinor are extending their collaboration to include Vår Energi and Lundin Energy Norway to accelerate the development and commercialization of sustainable marine vibratory source technology. The industry project builds on the existing technology cooperation between Shearw

Høglund systems for ESL Shipping’s electric hybrid coaster fleet
Høglund has been selected to supply hybrid and automation systems to six hybrid bulk vessels, with potential for six more.

KCC to trial Yara Marine’s add-on propulsion automation system
Norwegian shipping company Klaveness Combination Carriers (KCC) has entered into an agreement with compatriot shipping equipment provider Yara Marine Technologies to install an add-on propulsion automation system aboard two pilot vessels.

Petrofac to go on as NEO Energy’s well operator for another five years
Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.

Scandinavian Biogas expands largest Bio-LNG plant in northern Europe
Swedish biogas producer Scandinavian Biogas invests $32 million in the expansion of the Gladö Kvarn plant to meet the demand for Bio-LNG.