Last November, the annual Offshore Energy Exhibition and Conference took place in Amsterdam. The UK’s Department for International Trade (DIT) and wider UK Government partners organised and participated in various activities over the two-day programme, spotlighting the strength of UK offshore energy
Groningen-based shipping company ForestWave has completed the acquisition of Symphony Shipping and its fleet of eight Ecobox vessels. The transaction pushes its owned fleet to 24 units with a total of 248.197 dwat, including three newbuilding vessels that will be delivered in the next two years. One
Dutch Wagenborg Offshore has signed a long-term agreement with an “energy major” for a platform supply vessel (PSV) that will be converted into a multipurpose offshore vessel set to support subsea activities and decommissioning works. A young PX121 PSV will be converted into a multipurpose offshore
Italy’s Ministry of Environment and Energy Security has launched the authorization procedure for the construction of a new direct-current submarine power line connecting the regions of Abruzzo and Marche. The 1 GW Adriatic Link will run for a total of approximately 250 kilometers, made up of two sub
Not a single investment in an offshore wind farm in Europe was made in 2022, apart from a few small floating wind projects, according to WindEurope. Several offshore wind farms were expected to reach financial close last year, but final investment decisions were delayed due to inflation, market inte
The global market for oil and gas contractors is expected to rise to a peak of $1 trillion in 2025 and remain at high levels for several years, according to a report by energy intelligence group Rystad Energy. For the 2022-2028 period, overall oil and gas spending is anticipated to stay above $920 b
Danish company Wavepiston has unveiled plans to launch a new crowdfunding campaign to support the demonstration of its wave energy technology at full scale.
Offshore drilling contractor Transocean has won a long-term deal for one of its ultra-deepwater drillships offshore Brazil.
ABL Group has won a contract with Chevron Australia to provide marine warranty survey (MWS) services for the Jansz-Io Compression project offshore Western Australia. ABL will oversee the safe delivery of transportation and installation (T&I) operations across four work packages related to the offsho
Oil and gas company Neptune Energy has started production from the tenth well at its operated gas field in the UK southern North Sea.
Norwegian energy companies Equinor and Vår Energi are withdrawing from the Horisont Energi-operated Barents Blue project, also known as Europe’s first large-scale blue ammonia production facility. Equinor and Vår Energi decided to leave the project as the cooperation agreement expired on 31 January.
Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.
Swedish Project Air is moving full steam ahead with Düsseldorf-based energy company Uniper commissioning the Dresden-based company Sunfire to build a 30 MW pressurized alkaline electrolysis plant which will generate green hydrogen using renewable electricity and purified wastewater. The final invest
Singapore-based shipowner Kumiai Navigation has doubled its order for dual-fuel VLGC newbuildings at Kawasaki Heavy Industries to two ships. Each vessel has a capacity of 86,700 cbm for LPG/liquefied ammonia gas. The first vessel from the series was ordered last year, and now the company has two VLG
