Business & Finance

Haldor Topsøe signs $50.9m loan with EIB for green hydrogen research
Danish CO2-reduction tech company Haldor Topsøe has signed a €45 million ($50.9m) loan agreement with European Investment Bank to support green hydrogen technologies research.

New dry bulk operator and pool launches in Greece
A new venture combining a dry bulk operator and a pool manager with an initial focus on the Panamax market has launched in Athens, Greece.

Heerema coming back to decommission North Sea platforms it installed in the ’90s
Heerema Marine Contractors has been awarded a decommissioning contract by DNO for the decommissioning of two UK platforms.

Important milestone for Tyra as topsides sail away from Singapore
Sembcorp Marine has built and delivered three wellhead and riser topsides for TotalEnergies’ Tyra project in the Danish North Sea.

Ørsted to offer major installation contracts in coming weeks
Offshore wind developer Ørsted plans to launch two tenders covering transport and installation work on the 1 GW Baltica 3 and 1.5 GW Baltica 2 offshore wind projects in Poland in the coming weeks. The first tender will be launched in the second half of January or early February. The tender will cove

IOG working to remediate challenging seabed conditions threatening rig stability
IOG plc has experienced challenges with seabed conditions while drilling the first Southwark development well in the UK North Sea.

Wood teams up with software firm for technical and digital services
Wood has joined forces with FutureOn to provide an integrated technical and digital service to operators to tackle main net-zero challenges.

In focus: 2022 begins with renewables
After the holidays and well-deserved break, the energy transition community returns to its activities dedicated to making the world a less polluted and more healthy home.

Delayed Johan Castberg FPSO almost ready for journey to Norway
Equinor’s FPSO vessel for the Johan Castberg project, located in the Barents Sea, has left the dock at a shipyard in Singapore.

Serica to continue with Odfjell services on UK platform
Odfjell Drilling has received a contract extension from Serica Energy for operations on the Bruce platform off the UK.

XOCEAN launches new unmanned surface vehicle
Ocean data company XOCEAN has launched its newest XO-450 unmanned surface vehicle (USV), the X-16. According to XOCEAN, the new vehicle offers an economic and carbon-neutral solution to collecting ocean data. The launch of the new USV comes as part of the company’s plans to double its fleet size in

After 2021 rebound, FPSO market to continue going strong in 2022, Rystad says
The market for FPSO units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, Rystad Energy says.

Equinor makes oil discovery near existing infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery located near the Fram field in the North Sea offshore Norway.

Aibel pursuing long-term goals with new management roles
Aibel has made management changes at its yard in Haugesund in pursuit of its end goal to become a leading supplier for the energy sector.