Business & Finance
John Lawrie launches two new quayside facilities for decom in Scotland
John Lawrie Metals, a decommissioning and recycling services provider, has announced two new quayside decommissioning facilities in Scotland.
Viking Neptune gets more work with Havfram
Eidesvik Offshore has secured a contract with Havfram for the subsea construction vessel (CSV) Viking Neptun. The contract will commence in early January 2022 with a firm period towards the end of the third quarter of 2022. In addition, Havfram stated it had been granted options for further extensio
px Group to take on onshore part of Cerulean Winds’ floating wind-to-hydrogen project
Cerulean Winds has signed an agreement with px Group to support onshore green hydrogen plants and associated industrial infrastructure at sites in Scotland and England as part of its 200-turbine floating wind-to-hydrogen project in the North Sea. The UK operator of large-scale industrial facilities
Petrobras and Equinor hire DOF anchor handlers
Norskan, DOF ASA’s Brazilian subsidiary, has secured two contracts for its Anchor Handling Tug Supply (AHTS) vessels with Petrobras and Equinor, respectively. Anchor handler Skandi Paraty has been awarded a one-year contract extension with Petrobras until July 2022. The vessel features a remotely op
Greenland says ‘NO’ to further oil exploration. Focus on renewable energy
Greenland has put a halt to its 50-year attempt to become an oil producing nation after announcing it would stop granting exploration licences and suspend a strategy of searching for oil.
Excelerate, Snam to construct new pipeline in Albania
U.S. floating LNG player Excelerate Energy has joined forces with Italian energy firm Snam to build a natural gas pipeline in Albania.
ExxonMobil joins Acorn carbon capture project
U.S. supermajor ExxonMobil has signed a memorandum of understanding (MoU) to participate in the Acorn carbon capture and storage project (CCS) in Scotland.
ABS approves SBM Offshore’s AI-powered mooring solution
ABS has issued New Technology Qualification to SBM Offshore’s artificial intelligence-powered Intelligent Agent Mooring Line Integrity Tool.
Anglesey tidal energy project in line for £9 million funding boost
The Morlais tidal stream energy project has taken a significant step forward following approval of its outline business case by the North Wales Economic Ambition Board.
World’s recoverable oil resources take a hit, Rystad says
The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.
Novatek subsidiary to develop Russia’s LNG fuel market
Russia’s largest independent natural gas producer Novatek has decided to create a subsidiary called ‘Novatek – LNG Fuel’ which will be in charge of developing Russia’s LNG fuel market.
Energy transition takes spotlight in Aker Solutions’ record orderbook
Aker Solutions reported an order intake of NOK 12.2 billion in the second quarter of 2021, said to be the strongest in several years, of which about 60% is related to energy transition work. Aker Solutions saw its orderbook go up almost 30% in Q2 2021 compared to the same period last year, equaling
Carbon Clean to carry out FEED on Acorn carbon capture plant
CO2 separation tech provider Carbon Clean has been awarded the contract to carry out the front-end engineering design (FEED) services for the Acorn carbon capture plant at St Fergus.
Ardyne and Equinor jointly developing well decommissioning tech
UK-based Ardyne is launching a new joint industry project (JIP) with Norwegian energy company Equinor to further develop its well decommissioning technology TITAN RS.