Business Developments & Projects
Seagreen export cable installation about to begin
Nexans is about to begin the installation of the first of three export cables at the Seagreen offshore wind project in Scotland. According to the latest AIS data, cable laying vessel (CLV) Nexans Aurora arrived at the project site on 18 January. Operations will commence at the Carnoustie landfall si
TotalEnergies brings in Maersk rig for North Sea job
Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies in the Danish North Sea.
Alfa Laval bags new orders amid increased interest in LPG as fuel
Due to increased demand for solutions related to liquefied petroleum gas (LPG) as fuel, Swedish company Alfa Laval has secured new orders for FCM LPG, a low-flashpoint fuel supply system (LFSS) that can work with LPG cargo handling systems
Norwegian player giving new life to oil & gas vessel with conversion for offshore wind
Norside bought a platform supply vessel used in the oil and gas industry for the purpose of converting it for offshore wind ops.
PGS hired for Northern Lights
Petroleum Geo-Services (PGS) has secured a contract with Equinor to carry out seismic acquisition in support of the Northern Lights carbon capture and storage project. The acquisition is scheduled to start in the second quarter of the year and will have a duration of approximately one month. Equinor
IHRB joins Sustainable Shipping Initiative
The Sustainable Shipping Initiative (SSI) has welcomed its newest member, the Institute for Human Rights and Business (IHRB).
UK union slams ‘draconian’ jab or job policy by North Sea operator
Oil and gas workers’ union has called the introduction of mandatory vaccination policy by a North Sea operator “draconian.”
Port of Helsinki’s development program gets go-ahead
Finland’s Port of Helsinki has received approval for its ten-year development program from the Helsinki City Board.
Transocean goes beyond core business after getting carbon capture and storage gig
Transocean will drill one carbon injection well and a sidetrack in support of the Northern Lights Carbon Capture Storage Project.
Northern Marine to support Avance Gas’ newbuild dual-fuel VLGC
UK-based marine and offshore services provider Northern Marine Group has secured a contract for the management of a newbuild dual-fuel very large gas carrier (VLGC) vessel.
Subsea tie-back leader facing inflation-driven cost increase of $6.5 billion
Norway, the global subsea tie-back leader, is set for an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, according to Rystad Energy’s latest report. During the five-year period, about 275 subsea tree
Danaos charters 11, offloads 2 boxships
Greek shipowner Danaos Corporation has entered into new charter arrangements for eleven of its vessels as well as into an agreement to sell two boxships.
France LNG Shipping signs LNGC charter deal with EDF
French ship-owning company France LNG Shipping has signed a long-term charter deal for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France.
Norway offers offshore licences to 28 oil & gas firms amid ‘great interest’
The Norwegian Ministry of Petroleum and Energy has offered 53 licences on the Norwegian continental shelf in APA 2021 to 28 companies.