Project & Tenders
PGE, Ørsted to re-tender Baltica 2 offshore substation topsides
PGE Polska Grupa Energetyczna and Ørsted have removed the tender lot for the Baltica 2 offshore substation topsides from the call launched in September last year, and will now consider how to re-tender it while they continue the process for the other lot under the existing tender.
Titan LNG to supply fuel to Brittany Ferries’ new LNG-fueled vessels
Titan LNG and Brittany Ferries have signed a long-term agreement for the supply of LNG and LBM to two new LNG-fueled hybrid Ro-Pax vessels.
TotalEnergies launches drone-based detection campaign for methane emissions across oil & gas assets
TotalEnergies has implemented a worldwide drone-based detection campaign across its operated oil and gas assets to reduce methane emissions.
Odfjell rig to drill six more wells for Equinor
Equinor has exercised its option to drill more wells with Odfjell Drilling’s rig, extending the rig’s backlog for operations offshore Norway.
UK firm to store CO2 in Norwegian North Sea via Northern Lights collaboration
Cory has inked a deal with Northern Lights JV, to work on a CCS project, enabling cross-border marine transportation of CO2.
Norway’s Equinor and Aibel ink 10-year collaboration deal
Norwegian Equinor and its compatriot Aibel have entered into a 10-year agreement to ensure a close and long-term strategic collaboration.
Shipping firm buys Normand Maximus vessel and agrees charter terms with Solstad
American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.
UK regulator hands over North Sea carbon storage licences to BP and Equinor
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
The plot thickens for controversial Bay du Nord oil project despite govt approval
Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.
Odfjell Drilling to take over management of yet another rig from Seadrill
SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.
National Grid’s early payment of interconnector revenues to cut household bills
Ofgem has approved National Grid’s request to make early payments to consumers of £200 million over the next two years as part of the regulatory regime for electricity interconnections. National Grid has offered to pay interconnector revenues ahead of schedule rather than at the end of the standard
Europe eyes gas-rich African nations for new supplies, Rystad says
Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.
Sustainability-led investor buys majority stake in new UK interconnector
Sustainability-led infrastructure and private equity investment manager Foresight Group Holdings Limited has acquired a majority stake in the MaresConnect interconnector project. The firm completed the acquisition through its energy transition fund Foresight Energy Infrastructure Partners (FEIP), wh
Safety regulator investigating lifting incident on Odfjell rig
Norwegian offshore safety regulator has launched an investigation into a lifting incident on one of the Odfjell Drilling-owned rigs.