Business & Finance

Environmental impact assessment provider wanted for Malta-Sicily interconnector
Government-owned InterConnect Malta has launched a tender looking for a provider of an environmental impact assessment for the Italian part of the second Malta to Sicily electrical interconnector. The selected party will be in charge of analyzing the environmental impacts, if any, of the laying of t

After fast-track removal, Pioneering Spirit takes latest Valhall load to Stord
Pioneering Spirit is back in Stord, Norway to deliver multiple decommissioned platform facilities removed from the Valhall field complex, located in the North Sea.

New offshore cable logistics and rental firm coming to market
UK’s Swan Hunter and the Norwegian PASSER Group have agreed to merge their cable rental and logistics operations into a new company that will service the offshore energy sector. PASSER LARS (Logistics And Rental Solutions) will provide existing and new clients within the offshore energy markets with

Fresh Barents Sea discovery gives Equinor option for another Castberg tie-back
Equinor has made a minor oil and gas discovery in the Barents Sea and will consider a tie-back to its operated Johan Castberg field.

Sneak peek: World’s first long-range autonomous research vessel
Plymouth Marine Laboratory has revealed designs for what is said to be the world’s first long-range autonomous research vessel, capable of collecting data for research into climate change, biodiversity, fisheries and biogeochemistry. Plymouth-based M SUBS Ltd was commissioned to design the 24-meter

Norwegian floater slated for extensive upgrade while operating offshore
OSM Offshore has been tasked with carrying out upgrade modifications on an FSU, which is deployed at Equinor’s field in the Norwegian Sea.

DeepOcean to upgrade subsea vessel to battery power for renewed charter
DeepOcean has entered into a new two-year time charter agreement with Norwegian shipowner Volstad Maritime for the Volantis subsea construction vessel, with plans to upgrade it to battery power. The vessel will be upgraded with battery power notation before commencing the contract in the first quart

First Baltic Pipe onshore section passes technical acceptance
GAZ-SYSTEM has completed the technical acceptance of the Ciecierzyce – Lwówek gas pipeline in Poland, one of the onshore sections of the Baltic Pipe, ahead of schedule after 18 months of construction. The Ciecierzyce – Lwówek gas pipeline is 69 kilometers long and its route passes through six commun

Well-Safe Solutions welcomes latest fleet addition as it closes purchase of Awilco rig
Awilco Drilling has wrapped up its sale of a semi-submersible drilling rig to its compatriot Well-Safe Solutions.

Asso’s new trenching support vessel ready for first gig after phase one conversion
Asso Group’s recently acquired vessel Athena, previously known as SBM Installer, has completed its phase 1 conversion upgrade and is currently on its way to its first assignment. After a maintenance plan following the acquisition, Athena emerged from the shipyard ready for its first deployment as pa

Well intervention brings production boost for North Sea field
Well intervention activities have been carried out at the Bittern field located in the North Sea, boosting its production.

ConocoPhillips secures govt nod to spud Norwegian Sea wildcat
The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located in the Norwegian Sea.

CorPower Ocean set to launch ‘next-generation’ wave energy converter
CorPower Ocean is set to officially launch its next-generation C4 wave energy converter alongside its new ‘CorPack Concept’ providing the building blocks for future wave energy farms.

Sweden transitioning to ‘fossil-free society’ by banning extraction of coal, oil and gas
Sweden is banning the extraction of coal, oil and natural gas and tightening rules on the extraction from alum shale.