Business Developments & Projects
Volga Shipping delivers oversize equipment for LNG terminal construction
Russia’s shipping company Volga Shipping has delivered gravity structures for the construction of an LNG terminal commissioned by Blue Water Shipping.
EU launches €3.9 million call for multi-use offshore renewable energy projects
A new €3.9 million call for proposals has been launched under the European Maritime, Fisheries and Aquaculture Fund for innovative multi-use projects combining offshore renewable energy with other activities in the blue economy space.
Tidal power vies for honours in multiple categories of Scottish Green Energy Awards
Marine energy has taken a prominent place in the shortlist for this year’s Scottish Green Energy Awards having been featured in several prestigious categories honouring innovation, dedication and commitment to renewable energy.
Stena tested jettyless LNG model for DOE Vietnamese terminal
Swedish company Stena Power & LNG Solution has finished model testing of its jettyless LNG solution for Delta Offshore Energy’s LNG-to-power project in Vietnam.
Court fines Petrofac over bribes to secure contracts
Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences.
Nord Stream 2 gas filling begins
The gas-in procedure for the first string of the Nord Stream 2 pipeline has started, following the completion of pre-commissioning activities.
Gulf of Morbihan being prepared for Sabella’s tidal turbines
TIGER project partners have carried out a bathymetry campaign of the seabed in the Gulf of Morbihan as part of preparations for the installation of Sabella’s tidal turbines.
John Fredriksen eyes full control of Avance Gas
Norwegian-born Cypriot oil tanker and shipping billionaire businessman John Fredriksen is looking to gain full control over Bermuda-based liquefied petroleum gas (LPG) transportation company Avance Gas Holding.
Solstad Offshore gets rid of seven old vessels
Solstad Offshore has sold seven vessels for recycling as they are considered irrelevant for present and future markets.
Croatia’s LNG terminal under annual maintenance work
Croatia’s LNG import terminal on the island of Krk shuts down for annual maintenance for 14 days starting 1 October.
Saipem joins forces with Italian start-up for subsea drones
Saipem has entered into a cooperation agreement with WSense, an Italian start-up, for developing complex communication networks for subsea drones.
Expro and Frank’s fusion creates full-cycle energy services player
UK’s Expro Group has completed the previously announced merger with Dutch-based oil services company Frank’s International.
Eco Wave Power inks production deal with Lesico for wave energy floaters
Eco Wave Power Global has signed collaboration agreement with Lesico for the production of eight floaters for the EWP-EDF One project in Israel.
Van Oord bags Ormen Lange deal
Van Oord has won a contract to undertake the specialised seabed interventions services of subsea rock installation (SRI) for the Ormen Lange field.