Business Developments & Projects

Aker BP getting ready for North Sea well
Norwegian offshore petroleum safety regulator has granted Aker BP consent for exploration drilling in the North Sea.

GTT bags another Samsung Heavy order for new LNG carrier
South Korean shipyard Samsung Heavy Industries (SHI) has placed another order with French containment specialist GTT for the tank design of a new LNG carrier.

Ex-Valaris boss joins private equity firm to help build energy transition portfolio
A former CEO of Valaris is joining SCF Partners, a private equity group based in Houston, Texas and offices in Calgary, Singapore, and Aberdeen.

UK port investment surpasses £1B mark in 2021
UK port investment topped £1 billion (around $1.3 billion) in 2021 despite continuing pandemic volatility, new research published by the British Ports Association (BPA) shows.

Gas Vitality wraps up its 1st loading operation at Fos Cavaou LNG terminal
France’s first LNG bunker vessel Gas Vitality has completed its maiden loading operation at Fos Cavaou LNG terminal, kicking off the new small-scale LNG loading service.

DNV lists all potential benefits of marine energy for Dutch power system
Several parties can benefit from the development and integration of marine energy technologies in the Dutch energy mix, as they may play a role in bulk power generation, balancing of the grid, and the optimization of generation portfolios, according to certification group DNV.

TeamSeas ocean-trash cleanup campaign raises $30M
TeamSeas reached its $30M goal in the final hours of New Year’s Day.

Norwegian player expands North Sea footprint after closing Aker BP and Repsol deals
Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.

New Magseis Fairfield chief geophysicist comes from Shell
Norway-based Magseis Fairfield has appointed former Shell manager Fons ten Kroode to the position of chief geophysicist, effective from 1 February. Ten Kroode, who is joining Magseis Fairfield after spending 30 years at Shell, will be based in the company’s headquarter at Lysaker. “I am pleased to w

Wärtsilä tech for CMA CGM’s LNG-fuelled boxships to support decarbonisation ops
French shipping major CMA CGM has selected Wärtsilä, the Finnish technology group, to supply a range of solutions for its new LNG-fuelled container ships and support its maritime decarbonisation operations.

Sound Energy wraps up LNG supply with Afriquia Gaz
Energy transition company Sound Energy has completed the previously announced LNG sale and purchase agreement with Moroccan LPG distributor Afriquia Gaz.

d’Amico inks first sustainability-linked loan
d’Amico International Shipping (DIS), a marine transportation company, has signed a contract for its first sustainability-linked loan as part of the refinancing of all debt maturing in 2022.

2021 year in review: 10 most-read maritime stories
Check out the most read articles published by Offshore Energy – Green Marine in 2021.

Equinor kicks off drilling operations in Norwegian Sea
Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.