Business & Finance
Aker BP all set to drill North Sea wildcat
Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway.
Boskalis wins large offshore wind cabling contract
Boskalis informed on 20 April that the company won a contract for the transportation and installation of export cables for an offshore wind project, classifying the contract value as “significant”, which for Boskalis means it is worth between EUR 150-300 million. The company said the project for whi
Plethora of new awards for Solstad vessels amid strong demand from oil & gas
Solstad has secured multiple new deals for its PSVs and AHTS vessels thanks to the increased activity in the oil & gas and renewable sectors.
Falklands project to become ‘largest operated development asset’ for Israeli player
Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project.
PanGeo gets to work on Hollandse Kust West Beta cable route
Next Geosolutions has selected PanGeo Subsea, a Kraken Robotics company, to provide its sub-bottom imager (SBI) technology to conduct a survey along the Hollandse Kust West Beta cable routes. The London-headquartered NextGeo has been carrying out various works as part of its contract with TenneT for
Norway’s Equinor reveals its first energy transition plan ahead of advisory vote
Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition.
BIO-UV Group eyes Italian maritime market with new partnership
French ballast water treatment systems (BWTS) producer BIO-UV Group has formed a partnership with Fluid Global Solutions (FGS), a provider of pumps and spares to the maritime sector, to strengthen its presence in the Italian ship repair and newbuilding market.
34-year-old Sweden-Denmark power link back in operation following January fault
NKT has completed repair operations of the 285 kV Kontiskan 2 interconnector that is linking the power grids of Sweden and Denmark following a fault caused by external impact reported at the end of January. NKT performed the initial fault finding from shore identifying that the damaged cable section
Jan De Nul to install Greenlink Interconnector
Jan De Nul has won a contract with Sumitomo Electric Industries for the installation of two subsea HVDC cables and one fiber optic cable for the Greenlink Interconnector between Ireland and the UK. The subsea cable route for the 500 MW Greenlink Interconnector is about 160 kilometers long between Co
Shearwater to perform survey for Eni’s carbon storage project
Shearwater GeoServices has won a contract with Eni to deliver a 3D multiple technology integrated geophysical survey for carbon storage in Liverpool Bay in the UK, including an option for a second survey. The first survey is over the Hamilton and North Hamilton fields, while the optional survey woul
Global gas demand to go down in 2022 as Russia’s war in Ukraine disrupts markets
The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA’s forecast for gas demand this year.
Kotug makes largest acquisition in its history to meet rising demand for OSVs
Dutch shipowner Kotug has entered into an agreement to acquire Seaways, an operator of offshore support vessels.
North Sea operators renew agreements for exporting oil to Flotta Terminal
Several North Sea fields partners have reaffirmed commitments to export the oil produced from their fields to Repsol Sinopec’s Flotta Terminal.
Dutch govt accelerating sustainable inland shipping
The Nationaal Groeifonds, an initiative of the Dutch Ministries of Economic Affairs & Climate Change and Finance, is investing in Zero Emission Services (ZES) to speed up the implementation of ZES’ system solution for inland shipping.