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Business Developments & ProjectsAuthorities & GovernmentBusiness & FinanceExploration & ProductionRegulation & PolicyAutomationInfrastructureIT & SoftwareTechnologyVesselsCarbon Capture Usage & StorageCollaborationEquipmentInnovationOutlook & StrategyProject & TendersTransitionVisionHuman CapitalOperations & MaintenanceRules & Regulation
Fugro, TGS to carry out detailed surveys for Norway’s first commercial offshore wind farm
Business Developments & Projects

Fugro, TGS to carry out detailed surveys for Norway’s first commercial offshore wind farm

Fugro and TGS have been awarded contracts for detailed site investigations at the Sørlige Nordsjø II (Southern North Sea II) site, where Norway’s first commercial offshore wind farm will be built by a consortium consisting of Parkwind and Ingka Investments. Fugro, which already performed surveys at

about 1 year ago
COSL Prospector rig; Source: COSL
Authorities & Government

New gas discovery puts another subsea tie-back on Norwegian field’s menu

Norwegian state-owned energy giant Equinor has made a fresh gas discovery, which is a tie-back candidate to a giant field in the Barents Sea off the coast of Norway.

about 1 year ago
Hyundai Glovis to deploy Avikus’ AI-driven autonomous navigation on seven PCTCs
Automation

Hyundai Glovis to deploy Avikus’ AI-driven autonomous navigation on seven PCTCs

South Korea’s autonomous navigation systems venture Avikus, part of HD Hyundai, has secured a contract with logistics and distribution company Hyundai Glovis to retrofit seven pure car and truck carriers (PCTCs) with the AI-driven HiNAS Control solution.

about 1 year ago
Damen
Authorities & Government

Germany funds Reederei Bernd Sibum’s green newbuilds

Germany’s Reederei Bernd Sibum has received funding from the German government to make its ships, which are being built by Dutch shipbuilder Damen, even more sustainable.

about 1 year ago
TGS' technology chosen to advance digitalization of Northern Light's operations
Business & Finance

TGS’ technology chosen to advance digitalization of Northern Light’s operations

Norwegian state-owned energy company Equinor has entered into an agreement with compatriot energy data and intelligence company TGS to advance the digitalization of carbon capture and storage (CCS) operations under which TGS’ technology will be integrated into the Northern Lights CO2 transport and s

about 1 year ago
Chim Sáo field in Vietnam; Source: Harbour Energy
Business & Finance

EnQuest widens its Southeast Asian horizons with more oil & gas assets

EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

about 1 year ago
Normand Turquesa vessel at sea
Business Developments & Projects

Petrobras and Solstad formalize $84M vessel deal

Norwegian shipping company Solstad Offshore (SOFF) has received board approval for an anchor handling tug supply (AHTS) from its fleet to carry out a multi-year assignment with Brazil’s state-owned energy giant Petrobras.

about 1 year ago
Scott Duguid, MD of eGroup; Courtesy of eGroup
Business & Finance

UK player ups headcount ante with contract wins encapsulating ‘high-profile’ oil & gas assets

Aberdeenshire-based surface preparation specialist, eBlast, part of the eGroup, has tucked multiple new energy sector assignments under its belt, including work on oil and gas operators’ projects in the UK and abroad.

about 1 year ago
Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing
Business Developments & Projects

Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing

Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China.

about 1 year ago
CP2 LNG; Source: Venture Global
Business Developments & Projects

Venture Global secures top spot in Germany’s LNG market with expanded SEFE deal

Germany’s Securing Energy for Europe (SEFE) has finalized an agreement with U.S. energy player Venture Global to purchase an additional quantity of liquefied natural gas (LNG) from a project the latter is developing in Louisiana, United States.

about 1 year ago
Minesto receives funding for next-generation mooring system
Business & Finance

Minesto slashes costs, closes Wales office in major reorganization

Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Business & Finance

Bankruptcy plans halted as industrial player takes an interest in Argeo

Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f

about 1 year ago
Prelude; Source: Shell
Business & Finance

Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG

Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia.

about 1 year ago
EU
Authorities & Government

European Commission completes hydrogen framework with new low-carbon methodology

The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen.

about 1 year ago
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