Business Developments & Projects
Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean
Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.
Wave energy parks with Symphony devices may emerge in North Sea by 2023
Wave energy parks, equipped with Symphony Wave Power devices, could emerge in the North Sea in 2023, according to the company’s founder Fred Gardner.
Gas filling underway at second Nord Stream 2 string
The gas-in procedure for the second string of the Nord Stream 2 has begun on 17 December, according to the project update.
Sevan’s cylindrical FPSO concept selected for Barents Sea project
Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.
Vattenfall to install CPS stabilisation on Sandbank offshore wind farm’s cables
Vattenfall, through the project company DanTysk Sandbank Offshore Wind GmbH & Co. KG, has opened a tender for construction works on the Cable Protection System (CPS) stabilisation at the Sandbank offshore wind farm in Germany. The company is looking for a contractor to install a loose rock berm cove
Oceanteam bags cable transport deal with Chinese client
Offshore cable solutions provider Oceanteam has secured a contract with a Chinese client to transport subsea cables from China to the Netherlands.
Oil & gas discoveries in 2021 to hit lowest level in 75 years, Rystad says
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
Tidal energy could be one of most viable clean power sources of the future, Bureau Veritas suggests
Welcoming the UK government’s plans to invest in tidal energy industry, certification and advisory company Bureau Veritas has suggested that tidal stream electricity has the potential to become one of the most viable and reliable sources of renewable energy in the world.
Titan LNG develops Hyperion tank concepts for bunker barges
Dutch independent LNG supplier Titan LNG has developed the ‘Hyperion’ series of tank concepts for Inland Waterway (IWW) bunker barges.
Eidesvik scores contract extension with Equinor
Eidesvik Offshore has secured a contract extension with the compatriot oil company, Equinor, for one of its platform supply vessels (PSVs).
Sweden to get 1st large-scale hydrogen-powered vessel by 2030
Passenger shipping company Rederi AB Gotland and its subsidiaries are developing Sweden’s first large-scale hydrogen-powered vessel for both passengers and freight, with water as the only emission.
ExxonMobil kicks off drilling operations offshore Cyprus
Oil major ExxonMobil has started drilling the Glaucus-2 appraisal well located in Block 10 offshore Cyprus.
FESCO to boost container shipping ties with Japan
FESCO Transportation Group, the largest intermodal transport operator in Russia, revealed it will further increase container traffic on the route connecting Japan and Russia.
Final Needs Case submitted for first Scotland-England subsea link
SSEN Transmission and the National Grid Electricity Transmission (NGET) have submitted a Final Needs Case (FNC) to Ofgem for the first of two subsea electricity transmission HVDC links that will connect Scotland and England. If the Final Needs Case is approved, it will be followed by the Project Ass