Business & Finance

Shell sanctions Norwegian subsea compression project
Shell has sanctioned its Ormen Lange wet gas subsea compression project in Norway and filed its development plan to the authorities.

Aker Solutions and AF Gruppen get green light for decom and recycling JV
The Norwegian Competition Authority raises no objections to the decommissioning joint venture between AF Gruppen and Aker Solutions.

ADC Energy to evaluate rigs for LNG deployment
ADC Energy announced its latest win in the LNG sector, after securing a contract with a U.S.-based global infrastructure organisation.

TMC hired to supply compressors for Woodside’s Sangomar FPSO
TMC Compressors has been contracted to supply the marine compressed air system for Woodside’s Sangomar FPSO, which will operate in Senegal.

ORE Catapult, HonuWorx to boost use of subsea robotics in offshore wind
Offshore Renewable Energy (ORE) Catapult and HonuWorx are set to demonstrate a concept for a submersible mothership to be used at offshore wind farms.

Equinor to pump up gas supply for tight European market
Equinor and its partners have received permission to increase gas exports from two fields in Norway to supply the tight European market.

Wintershall Dea gets cease-and-desist letter from German environmentalists
Wintershall Dea has received a letter from a German environmental association, calling for the company to stop its activities under a warning of legal action.

BP charters Prosafe unit for UK North Sea job
Oil major BP has chartered the Prosafe-owned Safe Zephyrus to support the Seagull project at the ETAP facility in the UK North Sea.

Minesto unveils new range of power plants
Marine energy developer Minesto has introduced the Dragon Class range of power plants, an upgraded design of its Deep Green technology for predictable renewable electricity generation from tidal and ocean currents. The Dragon Class will be delivered and installed in all of Minesto’s ongoing projects

Uniper and Ørsted form offshore wind-to-hydrogen partnership in Germany
Power producer and gas trader Uniper has formed a strategic partnership with Ørsted to jointly develop combined offshore wind and hydrogen projects on a large scale in Germany. This is to be achieved in particular through a system-serving direct integration of hydrogen production from offshore wind

Viaro Energy expands footprint in the Netherlands ahead of new well
Viaro has signed a sale and purchase agreement with NAM to acquire an additional 10% share in the F5/F4A East licences in the Netherlands.

OMV Petrom delivers LNG to fuel Romania’s first LNG operated ship
OMV Petrom completed the first delivery of liquefied natural gas (LNG) to fuel the first ship equipped with LNG engines, built in Romania.

Inyanga and SAAS join forces for marine renewables and offshore wind
British company Inyanga Maritime and French company Ship As A Service (SAAS) have signed a collaboration agreement for the marine renewable energy and offshore wind markets.

Aker BP secures drilling permit for North Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells in the North Sea offshore Norway.