Business & Finance

Shell gearing up to remove Knarr FPSO from North Sea
Shell is preparing for the removal of an FPSO from the Knarr field, which is located in the North Sea offshore Norway.

Offshore engineering consultancy secures work on Norwegian CCS project
Global Maritime has secured a deal with Northern Lights JV, enabling it to support the project’s efforts towards a low carbon future.

Alewijnse, Ingeteam join forces for hybrid and electric propulsion systems
Making a step forward in the sustainability of the maritime supply chain, Dutch Alewijnse and Spanish Ingeteam have joined forces to initiate and facilitate the development and integration of hybrid and electric propulsion system.

Reach Subsea wraps up iSurvey acquisition
Norwegian subsea contractor Reach Subsea has completed the acquisition of an offshore survey company iSurvey.

‘Norway’s largest renovation project’ now ready for decades of energy production
Aker Solutions has completed and delivered the drilling and production platform Njord A to Equinor following extensive upgrades.

MAN ES-DNV collab to speed up maritime decarbonisation, digitalisation
German engine maker MAN Energy Solutions (MAN ES) and classification society DNV have signed a memorandum of understanding (MoU) to collaborate on decarbonisation, digitalisation and hydrogen in the maritime industry.

Jones Bros secures €28.5 million contract for Morlais tidal onshore works
North Wales-based company Jones Bros Civil Engineering has secured the main contract worth €28.5 million to build onshore infrastructure for the Morlais tidal energy project offshore Anglesey.

North Sea contract renewal for Petrofac
Oilfield services provider Petrofac has been awarded a two-year contract extension with Spirit Energy in the North Sea.

Equinor adds more work to Odfjell rig’s backlog
Equinor has decided to exercise its option for additional wells in Norway to be drilled by the Odfjell Drilling-owned Deepsea Stavanger rig.

Boskalis adds multipurpose CSV to boost offshore activities
Dutch dredging and maritime services provider Boskalis has acquired a multipurpose DP3 construction support vessel (CSV) to strengthen its activities in the offshore energy industry.

Morlais tidal energy project bags over €37 million of EU funds
A major tidal energy project offshore Anglesey in Wales will benefit from €37.6 million of funding in what is likely to be the last large grant from the EU’s regional funding program for the scheme.

Two new members join UK decom player’s board to drive growth
Decom Engineering has beefed up its board with two new appointments to facilitate further growth and achieve its strategic expansion goals.

ExxonMobil’s Cyprus well confirms presence of high-quality gas – gallery
ExxonMobil has completed drilling operations on its Glaucus-2 appraisal well off Cyprus, confirming the presence of high-quality gas.

Wheels are in motion for Ninian Northern jacket decommissioning
Scotland’s Lerwick Harbour is to be the location of a decommissioning project following the award of a contract to Veolia/Peterson.