Business & Finance
Authorities to investigate Nord Stream gas leaks amid suspicion of sabotage
Norwegian and Swedish seismic institutes have recorded two underwater blasts before the discovery of the gas leaks on the Nord Stream pipelines in the Baltic Sea linking Russia and Europe, prompting an investigation by authorities amid suspicions of sabotage. The leaks were detected on the Nord Stre
Norwegian firm to furnish Tidewater vessel with battery retrofit
Tidewater has ordered a battery package for one of its platform supply vessels (PSVs) from Norway’s Norwegian Electric Systems (NES).
UK firm on the lookout for new CFO as health issues force current one to step down
i3 Energy has initiated a process to find a new CFO as its current one has tendered his resignation due to health issues.
UK-based USV specialist expands production facilities to ‘meet demand’
UK-based HydroSurv has moved into new facilities in order to deliver expansion in production capacity for its uncrewed surface vessels (USVs) used for hydrographic and environmental data collection. HydroSurv said that the expansion of production facilities comes as a move to meet the demand for USV
Dutch firm and partners to spend over €500 mln to develop North Sea gas field
ONE-Dyas and its matrners made a final investment decision for the development of a gas field in the North Sea.
Baltic Pipe launches, full start-up expected one month earlier
Polish gas transmission system operator (TSO) GAZ-SYSTEM and its Danish partner Energinet have held the opening ceremony for the Baltic Pipe project at the gas compressor station in Goleniów. Energinet recently announced that the Baltic Pipe gas pipeline can be put into full operation from the end o
UK govt to speed up new energy projects, including five oil & gas developments
UK government plans to accelerate various energy projects, including five oil and gas as well as several CCS, hydrogen, and offshore wind projects.
RWE seals multi-year LNG supply deal with ADNOC, first cargo to reach floating LNG terminal at Brunsbüttel by year-end
German energy company RWE has entered into an agreement with Abu Dhabi National Oil Company (ADNOC) on liquefied natural gas (LNG) supplies, with the first cargo to be delivered to a floating LNG import terminal at Brunsbüttel. Under the agreement, the first delivery of a cargo of LNG will be suppli
Next-gen underwater vehicle hits the water at German offshore wind farm
A.IKANBILIS, said to be the world’s first underwater inspection vehicle featuring adaptive autonomy, has completed trials at the Nordsee One offshore wind farm in Germany. Trials of the hovering autonomous underwater vehicle (HAUV) were conducted by Nordsee One and supported by manufacturer BeeX and
Orkney’s innovation center for marine renewables secures over €3M for expansion
Highlands and Islands Enterprise (HIE) and Orkney Islands Council (OIC) have approved a funding package totaling £2.8 million (€3.1 million) towards the second phase of development at Orkney Research and Innovation Campus (ORIC).
Geoquip’s laboratory receives accreditation
Offshore geotechnical data acquisition, analysis and reporting specialist Geoquip Marine has received accreditation by the United Kingdom Accreditation Service (UKAS) for services provided at its onshore testing laboratory. The ISO/IEC 17025 accreditation is said to be an attestation that the labora
Equinor all set to kick off drilling ops in Norwegian Sea with Odfjell rig
Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.
WES awards contract for floating wind and wave energy landscaping study
Wave Energy Scotland (WES) has hired Offshore Wind Consultants (OWC) to carry out a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy technologies and projects.
Solstad CSV cuts fuel consumption by quarter after upgrade
Solstad Offshore’s construction support vessel (CSV) Normand Ocean is saving more than 25% fuel since the installation of a battery and shore power system. Investing in battery hybrid systems for its vessels is one of Solstad’s measures taken to achieve the target of 50% emission reduction by 2030,