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Illustration; Source: Echandia
Business Developments & Projects

Jack-up rig deal opens offshore energy sector doors to Swedish player

Sweden’s Echandia has received an initial order for battery systems to curb emissions and boost energy efficiency on a jack-up drilling rig.

about 3 years ago
Scale Gas and Knutsen launch first LNG bunker vessel built in Spain
Business Developments & Projects

Scale Gas and Knutsen launch first LNG bunker vessel built in Spain

Enagás subsidiary Scale Gas and Norwegian vessel operator Knutsen Group have inaugurated the first liquefied natural gas (LNG) bunkering barge Haugesund Knutsen built in Spain. The vessel, chartered by Shell Spain and built by Astilleros Armón Gijón, will operate in the Port of Barcelona and promote

about 3 years ago
'Major' oil and gas operator picks UK firm to back P&A campaign
Business Developments & Projects

‘Major’ oil and gas operator picks UK firm to back P&A campaign

UK-headquartered supplier of downhole sealing solutions and technology BiSN has secured a contract with what it describes is a “major oil and gas operator” to deploy its alloy barrier technology in the North Sea. Under the three-year contract, which features two one-year extensions, BiSN will provid

about 3 years ago
FPSO Norne; Source: Equinor
Business Developments & Projects

New task for Equinor to address nonconformities on FPSO

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
shipping
Business Developments & Projects

Greenabl Shippers Association: Logistics industry launches green supply chain coalition

The logistics industry is taking a major step towards sustainability with the launch of Greenabl Shippers Association, the first not-for-profit cooperative procurement group committed to decarbonizing the transportation sector. Managed by Bluspark, the association brings together expertise in ocean

about 3 years ago
Render of GKinetic’s three-unit deployment at Thomond Weir (Courtesy of GKinetic)
Business Developments & Projects

GKinetic secures planning permission for hydrokinetic turbine array in Ireland

Limerick City and County Council has granted planning permission to local clean energy developer GKinetic to deploy three of its hydrokinetic turbines just upstream of Thomond Weir in the heart of Limerick City in Ireland.

about 3 years ago
Fincantieri floats out eco-friendly cruise ship for Regent Seven Seas Cruises
Business Developments & Projects

Fincantieri floats out eco-friendly cruise ship for Regent Seven Seas Cruises

Italian shipbuilder Fincantieri has launched a new eco-friendly cruise ship for Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings.

about 3 years ago
Shell
Business Developments & Projects

Shell doubles profit in 2022 to record-breaking $40 billion

Shell recorded the highest-ever profit of nearly $40 billion in 2022, which has come under fire from NGOs and environmentalists.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

‘Abundance’ of gas pay at Black Sea well exceeds expectations

Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

On emission reduction quest, Odfjell Drilling furnishes rig with new upgrade

Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs with a hybrid system to curb emissions.

about 3 years ago
FET launches next-generation subsea survey software
Business Developments & Projects

FET launches next-generation subsea survey software

Houston-headquartered Forum Energy Technologies (FET) has released its latest generation of video recording solutions for the survey and inspection of subsea assets. Like its predecessors, version 11 (V11) of VisualDVR is a multi-channel, rack-mountable digital video system designed for use on remot

about 3 years ago
Shipbreaking
Business Developments & Projects

Urgent need for change in ship recycling sector: 80% of ships scrapped on South Asian beaches

A total of 443 ocean-going commercial ships and offshore units were sold for scrapping in 2022, data from NGO Shipbreaking Platform shows. Of these, 292 large tankers, bulkers, floating platforms, cargo- and passenger ships ended up for dirty and dangerous breaking on tidal beaches in Bangladesh, In

about 3 years ago
Euronav
Business Developments & Projects

Euronav says ousting of entire Supervisory Board not a good idea

Belgian tanker shipping company Euronav believes that the recent request from its shareholder Compagnie Maritime Belge (CMB) to replace the entire Supervisory Board is not a good idea. CMB’s request came on the back of the fallout between Euronav and John Fredriksen’s Frontline on the planned mega-m

about 3 years ago
Equinor and Engie press ahead with H2BE hydrogen project in Belgium
Business Developments & Projects

Equinor and Engie press ahead with H2BE hydrogen project in Belgium

Norwegian energy giant Equinor and French utility company Engie have decided to sign a joint development agreement (JDA) to progress their H2BE low-carbon hydrogen project to the next phase. Equinor and Engie first announced their 1 GW H2BE project, which aims to develop the production of low-carbon

about 3 years ago
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