Business & Finance
French firm expands its work scope for one of the world’s largest deepwater fields
French provider of tubular solutions Vallourec has secured two new orders to deliver line pipes for an oil field development operated by Petrobras offshore Brazil. As part of the orders defined as “major”, Vallourec will supply line pipes for phases 6 and 8 of the Búzios oil field development. The o
Survey on schedule for France-UK interconnector until mid-September
Marine survey operations are about to begin along a section of an interconnector between France and the UK. UK’s A-2-Sea Solutions will conduct marine survey operations along a section of the IFA2 cable route, commencing on 27 July with an estimated completion on 13 September. For the activities, th
Well-Safe Solutions rig winds down decom ops at one North Sea field and moves to another
Well-Safe Solutions’ semi-submersible rig has wrapped up its decommissioning assignment on one of the fields on the UKCS.
With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria
Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.
TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project
Norway’s cleantech company TECO 2030 and its partners have been awarded a €13.5 million Horizon Europe grant to build and demonstrate a passenger ferry powered by TECO 2030 fuel cells. Specifically, the partners’ project has been invited for Horizon Europe grant agreement preparation. The project’s
NYK breaks new ground with its 1st ever wind-assisted propulsion installation
NYK Bulkship (Atlantic) N.V., a subsidiary of the NYK Group headquartered in Antwerp, Belgium, will introduce a wind-assisted ship-propulsion unit on one of its vessels currently under a long-term charter contract with Cargill International S.A., a prominent Swiss-based freight trader. The initiativ
Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the
Norway throws importance of oil & gas for Europe’s energy security into stark relief
Norway stepped up to help alleviate Europe’s energy woes, becoming the continent’s largest gas supplier in the process.
With appeal for North Sea licence extension out of the way, Kistos eyes appraisal drilling ops
Kistos has successfully appealed against the Netherlands Ministry of Economic Affairs’ decision not to extend the term of a licence in the North Sea.
WATCH: Island Drilling rig getting ready for coil tubing ops in UK waters
Island Drilling has revealed a video of its semi-submersible rig, which is preparing for coil tubing operations while on contract with Dana Petroleum in the UK.
NKT preferred bidder for two Scottish offshore HVDC transmission links
SSEN Transmission, the transmission owner in the north of Scotland, has appointed NKT as the preferred bidder for the supply of power cable systems for two HVDC transmission links offshore Scotland. If confirmed, NKT will provide 525 kV XLPE HVDC power cable systems for the Western Isles and Spittal
With gas on a downward spiral, Norway’s oil output keeps upping the ante
Norway’s oil production remained on the rise in June 2023 compared to the Norwegian Petroleum Directorate’s predictions.
Transocean’s plethora of new rig deals fetches $1.2 billion
Transocean has won a bundle of new contracts and extensions in Mexico, Australia, Norway, Lebanon, and the East Mediterranean Sea.
Damen seals first sale of its air cavity system
Damen Shipyards Group has secured the first sale of its Damen Air Cavity System (DACS), an air lubrication system, borne out of a collaboration with the Delft University of Technology (TU Delft). The system maintains a thin layer of air over the flat bottom of a vessel’s hull, reducing resistance in