Business Developments & Projects
Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says
An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.
CRP Subsea targets renewables with new manufacturing facility
CRP Subsea has made a large-scale investment in a new manufacturing facility to support its transition from primarily oil & gas into the renewables market.
Mocean Energy concludes Blue X wave device sea trials
Mocean Energy’s Blue X wave energy prototype has returned to dock after a successful five-month test period at sea.
Aberdeen Harbour, BP jointly exploring port decarbonisation projects
Aberdeen Harbour and oil and gas company BP have entered the Memorandum of Understanding (MoU) to work on projects that could help decarbonise the port operations.
MPS brings Black & Veatch on board floating wind and wave scheme
Marine Power Systems (MPS) has appointed Black & Veatch to system engineering and coordination role for combined floating wind and wave energy project.
Green Marine-WOC partnership targets maritime sustainability
Voluntary environmental certification program Green Marine and international cross-sectoral alliance World Ocean Council (WOC) have signed a Memorandum of Understanding (MoU) to improve maritime sustainability.
OWC secures geo work at 1 GW Irish floating wind project
Offshore Wind Consultants (OWC) has secured a contract with DP Energy to carry out geophysical and geotechnical site characterization at the potential 1 GW Inis Ealga Marine Energy Park (IEMEP) floating offshore wind project in Ireland.
Aberdeen Harbour wins green funding for shore power project
Aberdeen Harbour has received more than £400,000 (around $537,000) from the UK Government to fund a joint demonstration project aimed at providing shore power within the existing Aberdeen North Harbour.
DSME orders GTT tank design for new LNG carrier
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French LNG containment specialist GTT for a new LNG carrier.
Maersk rig booked for new job in Dutch North Sea
Maersk Drilling has been awarded a contract with ONE-Dyas, which will employ a jack-up rig to drill exploration wells in the Dutch North Sea.
Damen opens new service hub in Germany
Dutch shipbuilding group Damen Shipyards Group has decided to establish a new service hub in Hamburg, Germany.
Several players team up to usher in new era of low carbon workforce in Scotland
In a move designed to support and build Scotland’s low carbon workforce, OPITO joined forces with the Acorn Project and Scottish Cluster to create a plan for industrial skilling and reskilling training.
Well-Safe’s new director to play key role in expansion
Well-Safe Solutions has appointed a new director for strategy and business development, expected to secure more work for the firm’s decommissioning rigs and play a crucial role in further business expansion.
Reach Subsea books Olympic Subsea trio for next year
Reach Subsea has entered into an agreement with Olympic Subsea for the extension of contracts for two subsea vessels and a new contract for one vessel for the 2022 season.