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Business & Finance

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H2Terminals inks MoU on insurance solutions for green hydrogen shipping
Business & Finance

H2Terminals inks MoU on insurance solutions for green hydrogen shipping

H2Terminals and the London P&I Club have signed a memorandum of understanding (MoU) under which the two parties will cooperate to evaluate and develop insurance solutions for the shipping of green hydrogen.

about 2 years ago
Odfjell Drilling-managed semi-sub rig stays with TotalEnergies in Africa
Business & Finance

Odfjell Drilling-managed semi-sub rig stays with TotalEnergies in Africa

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French oil major TotalEnergies has awarded offshore drilling contractor Northern Ocean with another contract extension for one of its semi-submersible rigs for continued work in Africa. TotalEnergies hired the Deepsea Mira rig on a multi-country drilling contract in December 2022 and exercised the f

about 2 years ago
Norway-based ocean insights provider Miros Group has supported the laying of a 109-kilometer pipeline for the Northern Lights CO2 transport and storage (CCS) project on the Norwegian Continental Shelf
Business & Finance

Norwegian firm’s cloud-enabled tech bolsters pipelay ops for Northern Lights CCS project with real-time data

Norway-based ocean insights provider Miros Group has supported the laying of a 109-kilometer pipeline for the Northern Lights CO2 transport and storage (CCS) project on the Norwegian Continental Shelf (NCS). Miros said it enhanced the efficiency and safety of pipelay operations by equipping project

about 2 years ago
Electrical interconnection (illustration); Source: IPTO
Business & Finance

Tender for submarine power cables moves to next stage with $1.89 billion earmarked for Aegean Islands interconnectors

Greece’s TSO IPTO has decided to move to the next phase after receiving three applications for participation in its tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

about 2 years ago
Tyrrhenian Link-related plan repositioning operations; Source: Terna
Business & Finance

Experimental project underway in preparation for Italy’s subsea power cable connection

Terna has embarked on the experimental transplanting of a native aquatic plant from the Mediterranean Sea, as part of the environmental offsets associated with the construction of a 970 km, 1,000 MW direct current (DC) double submarine cable link between Campania, Sicily, and Sardinia.

about 2 years ago
Subsea pipeline; Source: Saipem
Business & Finance

Saipem racks up another ‘major’ subsea milestone – this time in pipeline tech

Saipem has expanded the subsea pipeline offering by revamping an existing technology, created by the U.S.-based United Pipeline Systems (UPS).

about 2 years ago
Illustration; Source: Aramis CCS
Business & Finance

More work for Petrofac on TotalEnergies’ North Sea CO2 storage project

Petrofac has won a multi-million-dollar front-end-engineering design (FEED) contract with France’s energy giant TotalEnergies for work on a project the latter is developing in the Dutch sector of the North Sea.

about 2 years ago
AHTS Njord Viking chartered to TotalEnergies UK; Source: Viking Supply Ships
Business & Finance

Six vessels joining Norwegian shipping player’s managed fleet

Sea1 Offshore is putting the wheels into motion to take over the management operations of six AHTS vessels, which are owned by Viking Supply Ships.

about 2 years ago
Prysmian loading cable for UK section of first energy link with Germany
Business & Finance

Prysmian loading cable for UK section of first energy link with Germany

Cabling giant Prysmian has begun loading the cable destined for the UK section of the first direct energy link between the UK and Germany at its factory in Italy. Prysmian is loading the cabling onto the Cable Enterprise vessel at its Arco Felice factory which will be used for the UK section of the

about 2 years ago
Sabine Pass Liquefaction facility; Source: Cheniere
Business & Finance

More US LNG set to flow into European energy mix in 2030s if Cheniere rubber-stamps Sabine Pass expansion

Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp Energia.

about 2 years ago
Building permit procedure set in motion for third electricity connection between Estonia and Finland
Business & Finance

Building permit procedure set in motion for third electricity connection between Estonia and Finland

Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) has initiated the building permit procedure for what will be the third electricity connection between Estonia and Finland. The purpose of the building permit is to establish the right for the construction of the offshore sectio

about 2 years ago
Aker BP to keep Oceaneering busy for three years or longer
Business & Finance

Aker BP to keep Oceaneering busy for three years or longer

U.S. subsea engineering and applied technology firm Oceaneering International is set to deliver inspection, maintenance, and repair (IMR) support services offshore Norway under a new contract with Aker BP. The contract was awarded to the company’s Norwegian subsidiary Oceaneering AS, which will mobi

about 2 years ago
Swedish-Israeli wave energy developer Eco Wave Power has launched its first MW-scale wave energy project in Porto, Portugal.
Business & Finance

Eco Wave Power’s MW-scale wave energy project in Portugal takes off

Swedish-Israeli wave energy developer Eco Wave Power has launched its first MW-scale wave energy project in Porto, Portugal.

about 2 years ago
Illustration; Source: Bureau Veritas
Business & Finance

UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?

14 minutes read