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Project & Tenders

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Better contracting conditions and high activity back Fugro
Project & Tenders

Better contracting conditions and high activity back Fugro

Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 million reported in the same quarter of 2022 – a result said to be due to better contracting conditions, high activity levels and good project execution. Fugro reported that its revenue was up by 32.6% on a curr

about 3 years ago
AHTS Havila Jupiter; Source: Havila Shipping
Project & Tenders

Havila Shipping sells three vessels to repay debt

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Havila Shipping has sold three vessels – one platform supply vessel (PSV) and two anchor handling tug supply (AHTS) ones – following demands from lenders, and in accordance with its current restructuring agreement.

about 3 years ago
Europipe II natural gas pipeline at the Kårstø processing plant in Nord-Rogaland; Credit: Ole Jørgen Bratland/Equinor
Project & Tenders

Germany secures more Norwegian gas, as Equinor and RWE pen five-year supply agreement

Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bolstering Germany’s energy security.

about 3 years ago
11-meter-long Kongsberg AUV hits the water
Project & Tenders

11-meter-long Kongsberg AUV makes a splash

Kongsberg Discovery has commenced an extensive program of sea trials for its new long-range autonomous underwater vehicle (AUV) Hugin Endurance. Measuring approximately 11 meters in length, with a diameter of 1.2 meters and weighing around 8,000 kg, Hugin Endurance is said to be the largest member o

about 3 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Project & Tenders

UK offers first batch of licenses in 33rd offshore oil & gas round to fortify energy security

North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.

about 3 years ago
Balticconnector and telecom cable incidents are related, Estonian Prime Minister says
Project & Tenders

Balticconnector and telecom cable incidents are related, Estonian Prime Minister says

The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Estonia, Finland, and Sweden are related, according to Estonian Prime Minister Kaja Kallas. Kallas met with Finnish Prime Minister Petteri Orpo and Swedish Prime Minister Ulf Kristersson in Brussels yeste

about 3 years ago
Seaway7 contracts Hellenic Cables for inter-array cables
Project & Tenders

Seaway7 contracts Hellenic Cables for inter-array cables

Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a contract with Seaway7 for the supply of inter-array cables for the East Anglia Three offshore wind farm in the UK. Under the contract, Hellenic Cables will be responsible for the engineering, manufacturing, testing, and su

about 3 years ago
Winners of Denmark’s first PtX tender to build over 280 MW of electrolysis capacity
Project & Tenders

Winners of Denmark’s first PtX tender to build over 280 MW of electrolysis capacity

The Danish Energy Agency has closed the first Power-to-X tender, revealing six winning project divided between four companies. The selected six projects will together build over 280 MW of electrolysis capacity. The tender was launched in April and was open until September 1, 2023. Through the tender

about 3 years ago
OKEA finds oil in Norwegian North Sea
Project & Tenders

OKEA finds oil in Norwegian North Sea

Norwegian oil and gas company OKEA has made an oil discovery near the Brage field in the North Sea. According to the Norwegian Petroleum Directorate (NPD), between 0.2 and 0.5 million Sm3 of recoverable oil was proven in connection with drilling well 31/4-A 13 E in the northern part of the North Sea

about 3 years ago
First Dutch large-scale CCS project to sport MAN technology
Project & Tenders

First Dutch large-scale CCS project to sport MAN technology

Just shortly after Allseas was awarded a contract for the project, MAN Energy Solutions secured work for the first large-scale carbon capture and storage (CCS) project in the Netherlands. MAN Energy Solutions will deliver three integrally-geared compressor trains (IGC) for the Porthos (Port of Rotte

about 3 years ago
Norwegian oil & gas duo comes on stream ahead of schedule
Project & Tenders

Norwegian oil & gas duo comes on stream ahead of schedule

Aker BP and ConocoPhillips Skandinavia have commenced production from the Kobra East & Gekko (KEG) oil and gas fields located on the Norwegian shelf a couple of months earlier than estimated. When submitting the plan for development and operation (PDO) for KEG to the Norwegian Ministry of Petroleum

about 3 years ago
Rystad Energy says ramp up of investments needed to meet net-zero targets, despite snowball effect of CCS to build over 10 times by 2030
Project & Tenders

Northern Lights CEO: We are making CCS viable

The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide

about 3 years ago
Vår Energi and Equinor agree on gas export solution offshore Norway
Project & Tenders

Vår Energi and Equinor agree on gas export solution offshore Norway

Norwegian Vår Energi and Equinor have approved concept selection (DG2) for gas export from the Goliat oil and gas field to the Snøhvit pipeline for further transport to Hammerfest LNG. Operated by Vår Energi (65%) with Equinor as a partner (35%), Goliat is located in the Barents Sea, approximately 8

about 3 years ago
EU reaffirms CCS crucial to achieving climate targets
Project & Tenders

EU reaffirms CCS crucial to achieving climate targets

The European Parliament Committee on Industry (ITRE) has adopted a position on the Net-Zero Industry Act (NZIA), further endorsing the emerging consensus on the vital role of carbon capture and storage (CCS) in achieving Europe’s climate targets. The position adopted by ITRE is said to strengthen th

about 3 years ago