Business & Finance
UK’s Ashtead Technology taps compatriot firm for large cable cutter
UK-based hydraulic tool maker Allspeeds Limited has supplied a Webtool HCV330 hydraulic cable cutter to compatriot subsea equipment rental and solutions specialist Ashtead Technology. Allspeeds said that the Webtool cutter is the “largest manufactured so far” and the HCV 330 is designed to cut large
WATCH: Semi-sub rig arrives at UK port to get ready for its inaugural decom gig in North Sea
A semi-submersible rig has arrived at a port in Scotland to prepare for its first decommissioning assignment on the UK Continental Shelf.
Horisont Energi picks site for Errai onshore CO2 terminal
Horisont Energi has selected a site in Norway where the onshore CO2 terminal for the Errai large-scale carbon capture and storage (CCS) project will be located. The Norwegian company entered into an option agreement with Haugaland Næringspark to locate the land-based CO2 terminal for the Errai CCS p
Neptune tasked with addressing nonconformity at North Sea oil & gas asset
Norway’s regulator has carried out an audit of Neptune’s management of major accident risk and barriers at a gas & oil asset in the North Sea.
Transocean finds more work for five rigs
Transocean has secured contract awards and extensions for five drilling rigs in the Gulf of Mexico (GOM), North Sea, Norway and Suriname.
System integration can be a game-changer if done really well, BP says
System integration might allow us to accelerate the energy transition, however, it does have its challenges. Ina Kamps, VP of Offshore Wind Growth at BP, and René Peters, Business Director at TNO, discuss what the future holds in terms of system integration and what are the steps. According to Peter
MOL CEO: We will transport LNG from Russia as long as we can
Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,
Energinet receives DNV verification for Baltic Pipe
Danish transmission system operator (TSO) Energinet has received Certificates of Conformity (CoC) from DNV for its section of the Baltic Pipe project. Energinet’s part consists of a 105-kilometer pipeline in the North Sea, an approximately 210-kilometer pipeline underground across Denmark, an expans
Basque Energy Agency opens tender for Mutriku wave power plant’s new turbines
The Basque Energy Agency (EVE) has launched a call to for proposals for the development of air turbines that will be implemented in the Mutriku wave power plant.
Iberdrola to install its first ever floating solar power plant in Brazil
Spanish renewable energy group Iberdrola has unveiled plans to install its first ever floating solar power plant on the island of Fernando de Noronha, off the northeast coast of Brazil.
First high-tech ammonia-ready Armada vessel arrives in Europe
The first of eight robotic vessels that will form part of Ocean Infinity’s high-tech Armada fleet has arrived in Norway for equipment installation. The vessel, built by Vard Vung Tau in Vietnam, arrived at Vard Søviknes for remote system outfitting and payload equipment installation. According to Oc
Norway strengthening follow-up of serious oil & gas incidents to prevent reoccurrence
Norwegian regulator is set on to reinforcing and developing improved measures for the follow-up of serious petroleum-sector incidents.
Owner’s engineer services wanted for Mediterranean interconnector
EuroAsia Interconnector Limited has issued a tender seeking a provider of owner’s engineer services for the Cyprus – Greece (Crete) part of the link. The role of the owner’s engineer is to provide the specialist technical engineering support required by the owner in the execution of the project thro
Yara to bolster ammonia imports capacity in Germany amid growing demand
Norwegian fertilizer company Yara International has revealed plans to modify its ammonia terminals in Germany, enabling them to handle up to 3 million tons of ammonia. According to Yara, this equates to roughly 530,000 tons of hydrogen and will help speed up the hydrogen economy in Germany. The comp