Business Developments & Projects

Maersk Training brings industry skills programme onshore
Maersk Training UK is launching its ‘industry skills’ programme of training onshore for the first time to support offshore and maritime operations.

Lookout Maritime, Anglo-Eastern form sustainability-driven partnership
Lookout Maritime, a new company formed to drive decarbonisation and wider sustainability within the shipping industry, has formed a strategic partnership with Hong Kong-based ship management company Anglo-Eastern.

Ardyne secures well abandonment gig on two North Sea fields
Plug, abandonment and casing recovery specialist Ardyne has secured a four-year contract for the provision of fishing services for 86 wells as part of the well plug and abandonment (P&A) programme for two fields in the Northern North Sea.

Flex LNG to be listed on Oslo Børs
Norwegian pure-play LNG carrier company Flex LNG will be included in the Oslo Stock Exchange (Oslo Børs).

Novatek’s Yamal LNG wins production licenses for two new fields
Russia’s natural gas producer Novatek has secured exploration and production licenses for Arkticheskoye and Neytinskoye fields for its Yamal LNG project.

Equinor gearing up for North Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat and an appraisal well in the North Sea.

Welsh marine energy company lands support for floating offshore wind plans
Marine Power Systems (MPS) has secured the support of the Offshore Wind Growth Partnership (OGWP) through the Wind Expert Support Toolkit (WEST) programme to further advance its floating offshore wind commercialisation strategy.

ABB, Aker Solutions join forces on offshore wind
ABB and Aker Solutions have added offshore wind to a strategic alliance agreement the two companies signed in 2016 for seabed solutions for oil and gas. The updated agreement, which now also includes offshore fish farming, covers electrical and control for seabed solutions and offshore wind, power-f

Turkey all set for LNG bunkering hub with 3-party deal
Turkish oil and gas pipeline operator Botas has teamed up with compatriot marine fuels firm Arkas Bunkering and Japan’s trading company Sumitomo Corporation to establish LNG bunkering infrastructure in the country.

GOGL orders three dual-fuel ready bulkers
Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement for the construction of three latest generation 85,000 dwt Eco-type Kamsarmax vessels.

Horisont Energi’s Barents Blue ammonia project gets new partners
Norwegian energy firms Horisont Energi, Equinor and Vår Energi have signed a cooperation agreement for the development of Barents Blue, Europe’s first large-scale blue ammonia production facility.

Giant heavy lift vessel removes North Sea platform for Ithaca
Ithaca Energy has started decommissioning operations at a field located in the UK sector of the North Sea, using a giant heavy lift vessel.

Penguin wave energy device starts producing power offshore Basque Country
The 600kW Penguin wave energy converter, developed by the Finnish company Wello, has started generating clean power to the local Basque electricity grid.

AIDA Cruises aims to have carbon-neutral fleet by 2040
German cruise line AIDA Cruises, part of Carnival Corporation, wants its fleet to be zero-emission by 2040, ten years ahead of the climate targets set by the International Maritime Organization (IMO).