Project & Tenders
In focus: To net-zero and beyond
In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp
Subsea 7 eyes large contract award after getting FEED study work
Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.
Nord Stream 2 operator denies reports about filing for bankruptcy
Following reports that Nord Stream 2 AG has filed for bankruptcy, the Swiss-based company and the operator of the Russian gas pipeline has said it “cannot confirm” such reports.
Ratings of Wintershall Dea on review for downgrade over Russian projects ties
Moody’s has placed ratings of Wintershall Dea on review for downgrade, reflecting downside credit risks stemming from the potential for more severe sanctions against Russian businesses to affect the company’s operations.
DSME orders GTT tank design for new LNG carrier
Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design for a new LNG carrier from French LNG containment specialist GTT.
More jobs to be created as Bilfinger UK launches new fabrication facility
Bilfinger UK has expanded its presence in the North East with the opening of a new fabrication facility, spurring further headcount increase.
TES pushes Wilhelmshaven green energy hub development
TES) is initiating the acceleration of its plans to develop the German port of Wilhelmshaven into a world-scale green energy hub.
New batch of contracts for North Star fleet marks its ‘most sizeable order book’ in years
North Star has inked contracts totalling over $133 million, marking its most sizeable ERRV order book in recent years.
Wintershall Dea writes off Nord Stream 2 financing over Russia’s attack on Ukraine
German oil and gas company Wintershall Dea has decided not to advance or implement any additional oil and gas production projects in Russia and to write off its financing of the Nord Stream 2 project totaling around €1 billion. In a recent personal statement, Wintershall Dea’s chief executive Mario
ConocoPhillips picks up drilling permit for Norwegian Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia a drilling permit for a wildcat well located offshore Norway.
Subsea contractor targets electrification market for oil & gas through offshore wind
Norwegian subsea contractor Havfram has revealed its goal to become one of the future leaders in the electrification market for oil and gas production assets through offshore wind developments. The move comes after Havfram changed its name from Ocean Installer back in December 2020 to reflect its in
Norwegian contractor boasts largest ever delivery after completing another Johan Sverdrup platform
Aibel has completed the construction of the second P2 processing platform for the Equinor-operated Johan Sverdrup project located off Norway.
ExxonMobil joins other majors in ditching Russian projects and investments
Following the footsteps of the European giants, U.S. major ExxonMobil is also looking to exit its position from a project in Russia.
Prysmian wins €1.2 billion contract to deliver UK-Germany interconnector
Prysmian has won a contract worth around €1.2 billion to deliver the 725-kilometer NeuConnect interconnector that will directly link the German and UK electricity grids for the first time. The Italian cabling giant will provide the turnkey design, manufacturing, installation, testing and commissioni