Business & Finance
Owner of largest fleet of Seaeye Falcons orders more
Aberdeen-based Underwater Contracting (UCO), owner of the largest fleet of Saab UK’s Seaeye Falcons, has ordered a further six underwater vehicles to cater for contracts in renewables, oil & gas and aquaculture markets. The new order follows the award of major contracts in the aquaculture, renewable
Norway wants to see oil & gas and renewables ‘thriving’ side-by-side
The Norwegian Petroleum Directorate (NPD) has underlined the importance of the coexistence of multiple energy industries on the NCS.
Danish power cable company secures long-term copper supplies
Denmark-headquartered NKT has signed a long-term contract with a European company for the supply of copper rod that will be used for cables destined for offshore wind projects. To secure the supply of copper for its production of power cables, NKT signed an agreement with Polish copper supplier KGHM
Norwegian regulator rebranding to reflect existing and emerging offshore industries
Norwegian offshore safety regulator, the Petroleum Safety Authority Norway (PSA), is changing its name to the Norwegian Ocean Industry Safety Authority (Noisa).
Energinet picks Viking Link spare cable storage provider
Danish national transmission system operator (TSO) Energinet has appointed MacArtney Offshore Wind Solutions to provide the storage and handling system for spare cable for the Viking Link that will connect Denmark and Great Britain. Energinet entrusted MacArtney with supplying a comprehensive storag
WATCH: Ukraine seizes control over Black Sea oil & gas drilling platforms from Russia
Following a military operation, Ukraine has brought back into its fold platforms in the Black Sea off the coast of Crimea.
MOR Energy and Magallanes Renovables applaud UK’s tidal energy boost
“It’s official, the tidal stream energy market has taken off with 11 companies awarded the contracts for difference,” said Mor Energy, a QED Naval subsidiary company, which has been supported in the latest UK renewables auction round along with Spanish-based Magallanes Renovables which also welcomed
UMAS: IMO’s 2030 and 2040 targets are ‘very close’ to 1.5°C pathway and spell the end of fossil-fuelled shipping
A recent analysis by UK-based maritime consultancy UMAS has shed light on the alignment of the Revised IMO GHG Strategy with science-based targets, which will require a strong and rapid response from national and regional governments as well as corporations alike. Failure to do so could relegate the
FSRU Independence takeover advances, KN selects unit’s technical operator
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has announced that Norwegian capital company Hoegh LNG Klaipėda will serve as a technical operator for the floating storage and regasification unit (FSRU) Independence of the Klaipėda terminal for a minimum of five years.
TDI-Brooks wraps up deepwater geotechnical gig in Black Sea
TDI-Brooks has completed phase four of a deepwater, geotechnical coring and CPT project for DenAr Ocean Engineering.
After Saipem, Rosetti Marino confirms work on new FSRU project off Italy
Rosetti Marino has been hired by Snam Rete Gas for work on the facilities for a FSRU to be developed for deployment in the Adriatic Sea.
UK’s zero-emission shipping projects get £80mln financial support
The UK Government has revealed the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI), supporting economic growth and boosting the UK’s decarbonisation efforts with £80 million investment.
Van Oord christens its second cable-laying vessel
Van Oord has christened the newest member of its fleet, a next-generation, custom-built cable-laying vessel in the Netherlands.
In focus: Road to net zero has become much bumpier
Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in