Business & Finance
Seal of approval to Equinor for next phase of Troll project
Equinor has secured regulatory consent to start-up facilities and modifications associated with the Troll phase 3 project in the North Sea.
TECO 2030 moves into its new giga fuel cell production factory
The Norwegian cleantech company TECO 2030 has taken over the building that will become home to its new fuel cell giga factory in Narvik, northern Norway. The planned combined fuel cell factory and innovation centre is set to become Norway’s first large-scale production of hydrogen-based fuel cells.
Eco Wave Power starts trading on U.S. Nasdaq
Swedish-Israeli wave energy company Eco Wave Power Global (EWPG) has opened the initial public offering (IPO) of shares on Nasdaq in the United States, targeting $8 million in proceeds.
Equinor hires M.A.R.S. Europe for Veslefrikk B recycling
Norwegian oil major Equinor has awarded Modern American Recycling Services Europe (M.A.R.S) a contract for deconstruction and recycling of the Veslefrikk B platform in the North Sea offshore Norway.
Simon Møkster vessel to support Aker BP drilling campaign
Norwegian Simon Møkster Shipping has been awarded more work with Aker BP to support its drilling campaign offshore Norway.
SOVs wanted for two offshore wind farms in Germany
An operator of two offshore wind farms in Germany has opened a tender looking for a service operation vessel(s).
Containership companies show record delays in 2021
The level of delays in 2021 has been the highest across each month when compared to the previous years, with average delays going up to 6 days, a new report shows.
Innovation challenge to track animals around tidal turbines goes live
The Marine Energy Engineering Centre of Excellence (MEECE) and ORE Catapult have launched an innovation challenge to find solutions for tracking underwater species behaviour and movements in and around tidal stream turbines.
RWE assembling offshore wind supply chain team in Poland
RWE Renewables, through its Polish subsidiary Baltic Trade & Invest Sp. z o.o., has signed Letters of Intent (LoI) with three Polish companies from the maritime sector, which will support the construction of the FEW Baltic II 350 MW offshore wind project in Poland. RWE has entered into cooperation w
Aker Solutions and AF Gruppen to form decom and recycling player
Aker Solutions and AF Gruppen will merge the two companies’ existing offshore decommissioning operations into a 50/50 owned company.
Contractor pipeline to double as FPSO market is booming, Rystad says
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020, Rystad Energy says.
Viridis Bulk Carriers gains backing from five cargo owners
Ammonia-powered shipping startup Viridis Bulk Carriers has signed MoU’s with cargo owners Elkem, Vestkorn, BioMar, Franzefoss Minerals, and Saltimport to develop a zero-emission freight network. In addition to further developing the ship technology platform, the partnership will explore a zero-emiss
Petrofac bags $17 million job with Ithaca Energy
Petrofac, an international service provider to the energy industry, has been awarded a two-and-a-half-year project with Ithaca Energy.
TechnipFMC wins EPCI contract for Kristin Sør field
TechnipFMC has secured an engineering, procurement, construction and installation (EPCI) contract by Equinor for the Kristin Sør field in the North Sea. TechnipFMC will supply rigid pipelines, static and dynamic umbilicals, as well as pipeline and marine installation of the subsea production facilit