Business Developments & Projects
Rosatom to deploy 1st Arctic boxship on Northern Sea Route in 2025
Russian state-owned nuclear power company Rosatom State Corporation revealed plans to send its first Arctic containership to the Northern Sea Route (NSR) in 2025.
Prysmian gets green light from Vineyard Wind
Italy’s Prysmian Group has received the Notice to Proceed with the approximately €200 million contract to supply a submarine power cable system for Vineyard Wind 1, America’s first large-scale offshore wind project. Vineyard Wind 1 will consist of an array of 62 wind turbines installed offshore Mass
Crown Estate Scotland set to double energy transition team
Crown Estate Scotland has announced plans to double the size of its energy and infrastructure team as part of its commitment to help Scotland meet its 2045 net-zero targets.
Ithaca selects COSL Drilling rig for North Sea gig
COSL Drilling Europe has been awarded a contract from Ithaca Energy for wells in the central North Sea on the UK Continental Shelf.
Seaway 7 emerges as OHT and Subsea 7 combination completes
Subsea 7 has revealed that the combination of its Renewables business unit with OHT has been completed on 1 October 2021.
TotalEnergies, Air Liquide, VINCI in world’s largest clean hydrogen fund
French companies TotalEnergies, Air Liquide, and VINCI are joining other international companies to sponsor the creation of the world’s largest clean hydrogen infrastructure solutions fund.
Neptune starts drilling exploration well targeting Dugong Tail prospect
Neptune Energy has started drilling on the Dugong Tail exploration well, located in the North Sea, using the Deepsea Yantai drilling rig.
Wärtsilä secures Stage V certification for marine engine
Finnish technology group Wärtsilä has received marine sector commercial certification for compliance with the EU’s Stage V standards.
Archer board elects new director
Offshore oil services provider Archer Limited has announced the appointment of a new director to its board.
Schlumberger and AVEVA pool resources to optimise oil and gas production
Schlumberger has reached an agreement with AVEVA to advance digital solutions for oil and gas production operations.
Slow Mill device braces up for North Sea waves
Dutch wave energy company Slow Mill Sustainable Power has come closer than ever to the first real sea demonstration of its wave energy prototype, which is currently undergoing final assembly before taking on the challenge of producing clean and renewable energy off the shores of the Netherlands.
MSC sued over (un)lawful Cuba dealings
Swiss container shipping major Mediterranean Shipping Company (MSC) has become the latest carrier targeted by the Blanco Rosell Siblings over “illicit” business dealings in Cuba.
Silverstream air bubble tech for Carnival’s LNG-powered cruise ship
UK’s clean technology company Silverstream Technologies has secured an order from German shipbuilder Meyer Werft to install its air lubrication technology on a new Carnival Corporation’s Excel-class cruise ship.
Shell and NAM knock on Wood door for North Sea support
Wood is expanding operations in the Southern North Sea following the award of a new operations and maintenance contract with Shell and NAM.