Business & Finance
Seaway7 signs $500+ million contract for East Anglia Three offshore wind farm
Seaway7 has signed a contract with ScottishPower Renewables, Iberdrola’s UK arm, for the transport and installation of foundations and inter-array cables for the 1.4 GW East Anglia Three offshore wind farm. The deal is worth between $500 million and $750 million, as per Subsea7’s definition of a ver
WASP draws to a close with five vessels retrofitted
The EU-Interreg North Sea Region project, known as ‘WASP: Wind Assisted Ship Propulsion,’ has concluded with the retrofitting of five commercial vessels with wind-assist systems. As part of the project, three different wind propulsion technologies were rigorously tested, with third-party validations
Eco Wave Power outlines plans for share repurchase program
Swedish-Israeli onshore wave energy company Eco Wave Power has set out plans to launch a share repurchase program in an effort to improve its capital structure and investment value.
What will two upcoming giant oil & gas developments in the North Sea bring?
Aker BP has revealed some of the benefits that its two recently greenlighted major developments off Norway are expected to bring.
UECC bunkers biofuel for 1st time on time-chartered vessel
Norwegian provider of shortsea RoRo transportation United European Car Carriers (UECC) has bunkered sustainable biofuel on a time-chartered vessel in collaboration with Dutch biofuel provider GoodFuels and vessel owner NYK. GoodFuels delivered the B30 blend, 470 tonnes of VLSFO and sustainable biofu
Another multi-million dollar deal for TechnipFMC – this time off Norway
TechnipFMC has secured a significant iEPCI contract with OMV for a gas development project on the Norwegian Continental Shelf (NCS).
Danish firm wins another five-year deal with TotalEnergies
TotalEnergies has handed out a long-term deal to Denmark’s Semco Maritime for the provision of field support personnel.
More shallow gas pilot wells on Aker BP’s drilling agenda
Aker BP has received consent from Norway’s regulator for drilling shallow gas pilot wells in the North Sea off Norway.
Green light for Gassco to start decom and disposal of North Sea gas pipeline
Norwegian offshore safety regulator has given Gassco consent to carry out the removal phase of a gas pipeline in the North Sea off Norway.
Australian research centers join forces with CorPower Ocean on wave energy hydrodynamics project
Marine Energy Research Australia (MERA) has teamed up with CorPower Ocean and Australia Ocean Energy Group (AOEG) to perform an extensive study focused on wave energy hydrodynamics, which could result in driving performance, reducing cost and accelerating commercialization of wave energy technology.
OMV CEO staying put for two more years
OMV has reappointed its current Chairman of the Executive Board and Chief Executive Officer (CEO), extending its stay in this role.
Aker BP all set to use Noble rig at North Sea field
Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs for operations on a field in the North Sea off Norway.
Fugro to explore ground conditions for future French offshore wind farms
Fugro has secured a contract with France’s Directorate General of Energy and Climate (DGEC) and Réseau de Transport d’Electricité (RTE) to perform a ground investigation campaign set to support the development of future wind farms in French waters. The acquired geo-data will be used by pre-selected
Court’s ruling on UK’s $1.15 bln funding for Mozambique LNG project stands
UK’s Supreme Court has rejected the application from the environmental campaign group Friends of the Earth to appeal its case against a government decision to help fund the Mozambique LNG development project led by French energy major TotalEnergies. The ruling comes after the Court of Appeal dismiss