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Business & Finance

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Shell
Business & Finance

Shell entrusted with LNG cargo for Bulgargaz

UK-headquartered energy giant Shell has been chosen to deliver one cargo of liquefied natural gas (LNG) to Türkiye for the needs of Bulgargaz EAD, which is Bulgaria’s public supplier of natural gas and a subsidiary of Bulgarian Energy Holding EAD.

about 5 months ago
Ørsted looking to award six-year frame agreement for inspection services
Business & Finance

Ørsted looking to award six-year frame agreement for inspection services

Danish energy company Ørsted has issued a tender looking to award a six-year frame agreement for pipeline inspection services to be performed in the Danish part of the North Sea. Ørsted is planning for a new frame agreement with bi-annual remotely operated vehicle (ROV) inspection with planned call-

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about 5 months ago
Illustration; Source: ABL Group
Business & Finance

ABL enhances its menu for energy industries with acquisition of Southeast Asia‑based firm

Oslo-listed global consultancy group ABL Group is expanding its end‑to‑end technical offering to the energy industries by making a move to bring into its fold SynergenOG, a Malaysia‑based process safety and technical risk management consultancy for the energy industry.

about 5 months ago
Føn Energy Services mobilizes for subsea, above-water inspections in ‘busiest season to date’
Business & Finance

Føn Energy Services mobilizes for subsea, above-water inspections in ‘busiest season to date’

Føn Energy Services has launched what it says will be its busiest offshore wind season to date, with inspection and repair campaigns underway across 14 offshore wind farms in the Netherlands, Scotland, Germany and Poland. The company has mobilized technicians, vessels, diving teams, remotely operate

about 5 months ago
Work underway to replace aging submarine cable between Denmark and Sweden
Business & Finance

Work underway to replace aging submarine cable between Denmark and Sweden

Preparation work is underway in Danish waters to replace an outdated submarine cable that connects Denmark and Sweden, passing across Øresund. Swedish and Danish transmission system operators (TSOs) Kraftnät and Energinet own and operate four Øresund links that connect Zealand and southern Sweden vi

about 5 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Business & Finance

Project set on becoming Britain’s largest energy storage hub eyes Port of Barrow as onshore base

England-based energy transition-focused player EnergyPathways has joined forces with Associated British Ports (ABP), the UK’s largest ports group, to jointly evaluate the Port of Barrow on the southwest coast of Cumbria as the onshore facilities site for its large-scale energy storage project in the

about 5 months ago
Dutch NDT firm expands with subsea ROV and flying drone inspections
Business & Finance

Dutch NDT firm expands with subsea ROV and flying drone inspections

Dutch non-destructive testing specialist Ned Marine Services has expanded its inspection capabilities with the launch of subsea remotely operated vehicle (ROV) and flying drone inspection services for non-destructive testing (NDT). The new service is aimed at Dutch and wider European customers and i

about 5 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Business & Finance

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 5 months ago
Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland
Business & Finance

Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland

Danish wave energy firm Wavepiston and its Spain-headquartered partner Bluenewables have submitted all permitting documentation for a site in Gran Canaria where a pilot wave energy farm is planned to be developed. Wavepiston describes the submission of permitting documentation for the selected site

about 5 months ago
UK firm becomes shareholder in shipyard that built its USVs
Business & Finance

UK firm becomes shareholder in shipyard that built its USVs

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has made a strategic investment in the Manor Marine shipyard, which in the last 12 months constructed and outfitted all four Oceanus12 vessels currently in operation. By becoming a shareholder in Manor Marine, ZeroUSV says it se

about 5 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while

about 5 months ago
Deadline extended for innovation program targeting offshore energy solutions
Business & Finance

Deadline extended for innovation program targeting offshore energy solutions

Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, has extended the application deadline for its second innovation call targeting small and medium-sized enterprises (SMEs) developing products, technologies, or services in the offshore energy sector. The

about 5 months ago
OneSubsea targets next-gen technologies with purchase of Norwegian subsea business
Business & Finance

OneSubsea targets next-gen technologies with purchase of Norwegian subsea business

OneSubsea, a joint venture (JV) established in 2023 by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norwegian Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Gro

about 5 months ago
PPF; Source: ConocoPhillips
Business & Finance

Norway gives its blessing for $1.8 billion subsea redevelopment project

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS).

about 5 months ago