Business & Finance
Dolphin Drilling and IKM Gruppen sign drilling and well services deal
Dolphin Drilling has entered into a master frame agreement with Norway’s IKM Gruppen for drilling and well services.
BOA Sub C to work for Subsea 7
Norwegian offshore contractor BOA OCV has secured a contract with Subsea 7 for the subsea construction vessel BOA Sub C. The contract will commence in spring 2023 for a firm period of one year. The agreement also includes options which, if declared, will keep the vessel utilized into the first quart
Sumitomo subsea cable for first UK-Germany interconnector
Prysmian has awarded Sumitomo Electric Industries with a contract for the supply of 150 kilometers of HVDC submarine cable for the NeuConnect Interconnector between the UK and Germany. Sumitomo Electric has been appointed as a subcontractor to supply a section of 525 kV HVDC mass impregnated cable t
‘Aggrieved’ FPSO workers to down tools over redundancy package
UK’s Unite the union has confirmed that its members operating the Foinaven FPSO vessel have voted to take strike action.
New semi-submersible heavy transport vessel joins Seaway 7 fleet
Seaway 7 has taken delivery of its new 50,000-ton DWT semi-submersible heavy transport vessel (HTV) named Seaway Swan. Seaway Swan is suitable for float-over operation projects, feeder duties alongside installation vessels, and subsea construction support. Seaway 7 entered into a bareboat contract w
With drilling campaign all done, Neptune gearing up for Norwegian field start-up
In preparation for production start-up, Neptune Energy ha completed drilling four development wells on the Fenja field in the Norwegian Sea.
Uniper’s hydrogen pilot project receives funding decision
Germany’s energy company Uniper received the funding notification of €2.375 million ($2.433 mln) for its planned hydrogen pilot project at the Krummhoern natural gas storage site.
Morlais tidal power scheme gets environmental support hand
Menter Môn, the manager of the Morlais tidal energy project, has hired a Swansea-based company Juno Energy to assist it with the development of environmental support services for the scheme located off North Wales.
In focus: Global hunt for energy security revving up as Russian crisis jolts supply chains
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
Another tender opens for new Mediterranean interconnector
A government-owned Maltese company has issued a tender looking to appoint a contractor to deliver the environmental impact assessment (EIA) for a new interconnector in the central Mediterranean.
Three key elements of future-fit energy super basins – WoodMac
Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows ‘remains uncertain’
The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a
Wärtsilä officially exits Russian market
Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.
Wavepiston secures €600K in investment commitments
Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.