Business Developments & Projects
Fincantieri secures €300M sustainability-linked construction loan
Italian shipbuilder Fincantieri has signed the first sustainability-linked construction loan with compatriot banks Intesa Sanpaolo and Cassa Depositi e Prestiti (CDP) for a maximum amount of €300 million (around $340 million).
Equinor taps Blue Logic for subsea equipment
Blue Logic has signed a frame agreement with Equinor for the delivery of subsea docking stations, subsea equipment and services to the Norwegian energy giant. According to Blue Logic, Equinor has been an important customer and partner for the company in the process of developing the Universal Subsea
Statkraft all set for surveys at Irish offshore wind farm site
The Irish government has granted Statkraft a foreshore licence for site investigation in waters off Ireland where the company plans to build a 530 MW offshore wind farm. The developer submitted an application for the licence in December 2019, requesting approval to undertake site investigations at t
Wärtsilä presents Zero Emission Marine R&D project
The technology group Wärtsilä has launched a ‘Zero Emission Marine’ research, development and innovation project, supported by a €20 million grant from the public organisation Business Finland.
Repsol lifts 100,000 barrels from Yme field in North Sea
The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.
Aker Solutions firms up decommissioning award in Norway
Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors.
Viking’s 1st expedition ship delivered before Christmas
Viking Octantis, the first of two Viking’s expedition ships, has been delivered by Italian shipbuilder Fincantieri at Vard shipyard in Søviknes, Norway.
Leask Marine ticks another tidal decommissioning job off to-do list
Orkney-based marine specialist Leask Marine has provided its services to tidal developer HydroQuest for a major decommissioning project in France.
Port of Rotterdam pens green hydrogen deal with Tasmania
Port of Rotterdam Authority and the goverment of Tasmania will jointly look into the feasibility of future exports of green hydrogen from Bell Bay to the Dutch port.
Lukoil boasts production milestone at Caspian Sea field
Russian oil and gas giant Lukoil has produced over 30 million tonnes from the Vladimir Filanovsky field located in the Caspian Sea.
UMACK anchor gets green light for full-scale build-out and ocean demo
A new mooring, anchoring and quick connect solution optimised for marine energy systems, developed as part of the UMACK project, has been validated in on-land trials ahead of ocean demonstration.
Boskalis wins EUR 63.5M coastal protection contract in Benin and Togo
Boskalis has just signed a contract with the Beninese and Togolese governments to respond to the advance of coastal erosion, AFRIK 21 reports. The value of this contract is 41.6 billion CFA francs, nearly EUR 63.5 million. Under the contract, the Dutch giant will protect the segment (180 km) of the
Corallian files plan for West of Shetland gas discovery
Corallian Energy has filed its draft Field Development Plan for the Victory gas discovery off the Shetland Islands to the UK’s authorities.
TotalEnergies books Havila vessel in Denmark
Havila Shipping has been awarded a contract extension for one of its PSVs by the Danish subsidiary of the French oil major TotalEnergies.