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Business Developments & Projects

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Borgland Dolphin rig; Source: Dolphin Drilling
Business Developments & Projects

Repsol books Dolphin Drilling’s 1977-built rig for multi-well work

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has turned a letter of intent (LoA) into a multimillion-dollar rig deal with Repsol, a Spanish multinational energy and petrochemical co

about 9 months ago
Offshore support tug (OST) 120; Source: Damen
Business Developments & Projects

Damen on construction duty for vessel pair destined to support Woodside’s Gulf of Mexico ops

Dutch shipbuilder Damen Shipyards Group is in charge of building two next-generation offshore support tugs (OSTs) for work in the Gulf of Mexico with Woodside Energy, an Australian energy giant.

about 9 months ago
Lloyd’s Register updates guidance on fuel cell installation on ships
Business Developments & Projects

Lloyd’s Register updates guidance on fuel cell installation on ships

Lloyd’s Register (LR) has released updated guidance on the installation of fuel cells on ships.

about 9 months ago
Illustration; Source: SLB
Business Developments & Projects

Oil & gas boost on the horizon: SOCAR taps SLB for Caspian Sea duo’s revamp

SLB has signed on the dotted line to pool resources with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the redevelopment of two oil and gas fields in the Caspian Sea to augment production from these mature assets off the coast of Azerbaijan.

about 9 months ago
Cavotec
Business Developments & Projects

Cavotec pens additional shore power supply contracts worth nearly $11M

Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately $10.9 million) with an undisclosed shipping player to supply shore power systems for container vessels. According to officials from Cavotec, the two new orders cover both newly built boxships and

about 9 months ago
Admarine 510 jack-up rig; Source: ADES
Business Developments & Projects

Landslide shareholder vote begins final countdown to ADES-Shelf Drilling merger completion

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is one step closer to wrapping up its merger with the UAE-based Shelf Drilling, thanks to the lion’s share of the latter’s shareholders endorsing the business combination after t

about 9 months ago
Molgas acquires Titan to boost growth in clean marine fuels sector
Business Developments & Projects

Molgas acquires Titan to boost growth in clean marine fuels sector

Molgas Energy, backed by InfraVia Capital Partners, has finalized the full acquisition of the Titan Energy Holding, parent company of Titan Clean Fuels.

about 9 months ago
Tension Buoy installed in Risør, Norway
Business Developments & Projects

Norwegian self-adjusting mooring buoy set to ease solar-hydro integration

Oslo-headquartered Fred. Olsen 1848 has unveiled its Tension Buoy concept, designed to maintain stable mooring tension for floating solar installations in reservoirs and hydropower dams with large water-level variations. The solution addresses one of the main technical barriers to pairing floating

about 9 months ago
Gjøa; Source: Vår Energi
Business Developments & Projects

North Sea operator steps up oil project’s game with boost in production and reserves

Norwegian upstream oil and gas player Vår Energi has ramped up its production and reserves from a field in the North Sea by bringing online a new low-pressure project off the coast of Norway.

about 9 months ago
MOL
Business Developments & Projects

MOL joins Australian partners in advancing low-emission ammonia bunkering

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, NH3 Clean Energy and Oceania Marine Energy, to embark on the two maritime players’ low-emission ammonia bunkering initiative. As disclosed, the three partners signed a memorandum of understanding (M

about 9 months ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Business Developments & Projects

Equinor gets the all-clear to deploy export solution for North Sea gas

Equinor has received the Norwegian authorities’ blessing for a new gas export solution, which will create an alternative path for gas exports from a platform in the North Sea to bolster Norway’s energy security.

about 9 months ago
AKOFS vessel secures more work with Petrobras under $246 million contract
Business Developments & Projects

AKOFS vessel secures more work with Petrobras under $246 million contract

AKOFS Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services, has secured a firm contract for one of its vessels that ensures it will continue working for Brazilian oil & gas giant Petrobras. Following a competitive tender process that resulted in

about 9 months ago
G-Tec's survey vessel Karina at sea
Business Developments & Projects

Geophysical survey underway for Estonian-Latvian offshore wind project

G-Tec has started geophysical survey work for ELWIND, an offshore wind project that Estonia and Latvia will build together. The Belgian company’s survey vessel Karina has been investigating the seabed in the ELWIND offshore wind farm areas in Estonia and Latvia since early September, with the work e

about 10 months ago
A North Sea platform
Business Developments & Projects

Tenaz gains access to ‘highly prospective’ North Sea gas assets in $244M deal

Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea.

about 10 months ago
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