Business Developments & Projects

Maersk Training scores six-figure deal with subsea services firm
Maersk Training has secured a contract to provide its complete training management services (TMS) for Boskalis Subsea Services.

Dutch look into flexible floating solar systems for offshore application
A consortium led by Dutch research institute TNO has launched a study into flexible floating solar energy systems as a potentially viable technology for offshore floating solar farms.

Greek cable manufacturer starts its net-zero journey
Greek cable manufacturer Hellenic Cables has submitted its commitment to the Science Based Target Initiative (SBTi) to achieve net-zero greenhouse gas emissions by 2050. Hellenic Cables commits to developing science-based targets according to the SBTi Net-Zero Standard announced on 28 October which

HarshLab hits Spanish waters
The brand-new floating test laboratory for offshore industries, dubbed HarshLab, has been launched in the Port of Bilbao.

Wison teams up with MAN Energy on floating LNG-to-power projects
Shanghai-based Wison Offshore & Marine has signed a deal with Germany’s engine manufacturer MAN Energy Solutions to collaborate on power barge and floating LNG-to-power projects worldwide.

Vysus to inspect Well-Safe’s rig ahead of upcoming North Sea decom gigs
ModuSpec has been chosen to verify whether the Well-Safe’s rig is fit for purpose to complete the upcoming decom campaigns in the North Sea.

Oceaneering readies for annual subsea wellhead removal ops
Oceaneering has chartered the anchor handling tug supply vessel (AHTS) Island Valiant for subsea wellhead removal operations in the Barents Sea, Norwegian Sea, and the North Sea.

Swimsol grabs $14M loan for rooftop and floating solar in the Maldives
Austrian solar energy developer Swimsol has secured $14 million loan from the Swiss sustainable asset manager responsAbility and the Development Bank of Austria (OeEB) to advance its floating solar activities in the Maldives and other island states.

DEME separates from CFE
After announcing its candidacy for the construction of an energy island in the Danish North Sea earlier this week, DEME is now separating from its parent company CFE by summer 2022. CFE’s board of directors announced today in a press release its intention to split the group into two separate listed

PetroVietnam Power and Novatek shake hands on LNG projects in Vietnam
Russian LNG major Novatek and PetroVietnam Power, a subsidiary of state-owned PetroVietnam, have signed a cooperation agreement on LNG and power projects in Vietnam.

Report reveals decline in UK North Sea well numbers but better success rates
UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.

BP buying JX Nippon’s stakes in North Sea fields
UK oil and gas giant BP has agreed to buy JX Nippon’s interests in the Andrew area located in the UK North Sea.

CMA CGM, Shell wrap up 1st BioLNG bunkering trial
French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.

Fugro Pioneer in methanol switch
Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.