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Business & Finance

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Second Jan De Nul XL cable layer named after Irish scientist
Business & Finance

Second Jan De Nul XL cable layer named after ‘scientific genius’

Jan De Nul has named its new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered last year, after the Irish physicist William Thomson. William Thomson, ordered earlier this year, will have three carousels and a cable-carrying capacity of 28,000 tonnes, the same as the previously o

about 2 years ago
TotalEnergies buys into RWE’s Dutch offshore wind farm to produce green hydrogen
Business & Finance

TotalEnergies buys into RWE’s Dutch offshore wind farm to produce green hydrogen

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RWE and TotalEnergies have entered into an agreement under which TotalEnergies will acquire a 50% stake in RWE’s OranjeWind offshore wind farm in the Netherlands. TotalEnergies said it would use its share of the electricity from the 795 MW OranjeWind to produce green hydrogen. The new partners have

about 2 years ago
Prysmian to use €450M EIB funding for new cable production lines
Business & Finance

Prysmian to use €450M EIB funding for new cable production lines

Italian cabling giant Prysmian has secured €450 million in funding from the European Investment Bank (EIB) that will be used for building new production lines for extra-high-voltage submarine cables, lines for high-voltage onshore cables, and other technical improvements to existing lines. The inves

about 2 years ago
Subsea7 taking steps to eliminate hydraulic leaks with advanced electric tools
Business & Finance

Subsea7 taking steps to eliminate hydraulic leaks with advanced electric tools

Subsea7 has performed what it says is the first offshore trial of an initiative aimed at eliminating hydraulic leaks in subsea diving operations through the development of advanced electric tools. Subsea7 partnered with Scottish specialist in subsea electric innovation Impaq Technologies, who develo

about 2 years ago
Świnoujście LNG terminal; Source: Terminal LNG
Business & Finance

300th LNG cargo comes to Poland’s terminal as further expansion continues in the background

Poland’s Świnoujście LNG terminal has received its 300th liquefied natural gas (LNG) shipment since starting operation in late 2015.

about 2 years ago
Plans for German hydrogen core network gain ground
Business & Finance

Plans for German hydrogen core network gain ground

Transmission system operators (TSOs) have submitted the official application for the development of the German hydrogen core network to the Federal Network Agency (BNetzA).

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Shell awaits Valaris rig to embark on North Sea drilling ops

Shell is anticipating the arrival of Valaris’ heavy-duty jack-up rig, which is now on its way to the Southern North Sea to undertake drilling activities at a gas prospect on the UK Continental Shelf (UKCS).

about 2 years ago
Sulmara team carrying out sea trials in Sweden.
Business & Finance

Scottish company bags funding to develop over-the-horizon USV

Scottish subsea surveys and inspections provider Sulmara has secured funding from the Aberdeen-based Net Zero Technology Centre (NZTC) to develop an over-the-horizon (OTH) uncrewed surface vessel (USV) with the ability to launch and recover towed sensor packages.

about 2 years ago
WATCH: Asso.subsea done with 'key' work for last phase of Cyclades interconnection
Business & Finance

WATCH: Asso.subsea done with work for last phase of Cyclades interconnection

Asso.subsea has completed its work for the fourth phase of the Cyclades interconnection project in Greece which enhances supply security and addresses stability issues for the Cyclades’ electrical system through the connection to the Greek mainland power transmission system. The project, done in col

about 2 years ago
Noble Resolve jack-up rig; Source: Noble
Business & Finance

Another first foray taking Noble rig to new location thanks to drilling gig offshore Poland

Noble Corporation has won a new assignment for one of its jack-up rigs, enabling it to work off the coast of Poland for the first time.

about 2 years ago
Shell's Brent Charlie arrives at Able Seaton Port; Source: Able UK
Business & Finance

WATCH: Shell brings down the curtain on one of ‘iconic’ North Sea oil & gas giants as ‘largest single piece’ comes into UK port

The arrival of Shell’s fourth and final platform to Able Seaton Port (ASP) in Hartlepool marks a new milestone in the decom undertaking, as it is perceived to be the largest single piece offshore topside.

about 2 years ago
Illustration; Source: GRTgaz
Business & Finance

France’s CO2 transport, liquefaction and export infrastructure project moves to pre-FEED stage

GRTgaz and Elengy have launched feasibility studies for their GOCO2 project aiming to capture and transport industrial CO2 emissions.

about 2 years ago
Norden to acquire Norlat Shipping to strengthen parcelling business
Business & Finance

Norden to acquire Norlat Shipping to strengthen parcelling business

Danish shipping company Norden has entered into an agreement to acquire Norwegian dry bulk operator Norlat Shipping.

about 2 years ago
Illustration; Source: Parkmead Group
Business & Finance

UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland

The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.

about 2 years ago