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Project & Tenders

Updated converter station plan for UK-France interconnector gets OK

The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices

about 3 years ago

50Hertz award brings NKT's order backlog to record €11 billion

Project & Tenders

50Hertz award brings NKT’s high-voltage order backlog to record €11 billion

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Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa

about 3 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Project & Tenders

Vår Energi gearing up to spud two North Sea wells

Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.

about 3 years ago

Ocean GreatWhite at Kishorn Port back in 2019; Source: Kishorn Port

Project & Tenders

Diamond Offshore spots signs of ‘strong and lasting upcycle’ as its rigs land new jobs in UK

Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.

about 3 years ago

Project & Tenders

Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens further

Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.

about 3 years ago

Project & Tenders

Eni and Snam unveil Italy’s first carbon capture and storage project

Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro

about 3 years ago

ETAP facility in the North Sea; Source: BP

Project & Tenders

BP brings on stream first oil & gas tie-back to its UK North Sea hub in 20 years

BP has started production from a field in UK waters, which was developed by Neptune Energy and connected to the oil major’s 25-year-old Eastern Trough Area Project (ETAP) hub, reusing some existing subsea infrastructure.

about 3 years ago

Project & Tenders

New carbon capture firm to enter UK market

Aberdeen-based Amplus Energy Services is entering the carbon capture sector with a multi-million-pound investment in a Norwegian carbon capture company which will see the creation of a new UK carbon capture business. Amplus Energy announced it was investing seven figures in the Norwegian carbon capt

about 3 years ago

Gina Krog field in the North Sea; Source: Ole Jørgen Bratland/Equinor

Project & Tenders

After Shelf Drilling rig hits gas in North Sea, production start-up on the cards by year-end

Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.

about 3 years ago

Project & Tenders

New contract to keep PGS busy through winter season

Norwegian seismic company PGS has secured a 3D exploration contract in the Mediterranean that will take place through the winter season. The Ramform Titan is scheduled to mobilize for the survey in December and the contract has a total duration of approximately 160 days. “We are very pleased with th

about 3 years ago

Illustration; Source: Energy Maritime Associates (EMA)

Project & Tenders

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.

about 3 years ago

Project & Tenders

Following R&D program, NextGeo launches high-speed ROV

London-headquartered Next Geosolutions has launched a high-speed survey remotely operated vehicle (ROV), following a research and development program. HS-ROV Superior, a result of a collaboration between the company’s R&D and Technical Departments and high-tech ROV manufacturer Kystdesign, is a fast

about 3 years ago

Project & Tenders

Construction milestone at NeuConnect as UK and Germany set up energy and climate partnership

The first phase of UK construction has been completed for the first-ever energy link between the UK and Germany, keeping the project on track. The construction milestone comes as NeuConnect Chair Julia Prescot joined the signing of a new UK-Germany Joint Declaration of Cooperation on Energy and Clim

about 3 years ago

Project & Tenders

Nokia firm delivers subsea tech for Equinor’s oil project

Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber con

about 3 years ago