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Business Developments & Projects

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In focus: Energy transition driven by global innovations and collaborations
Business Developments & Projects

In focus: Global innovations and collaborations take the wheel of energy transition

The direction of the global transition to clean energy is getting more refined each week, as more of the world’s energy majors start investing in innovation and collaboration to shift energy production away from GHG-heavy sources.

about 4 years ago
Buzzard oil & gas field in the UK North Sea
Business Developments & Projects

Plans are in motion to electrify giant North Sea oil & gas field with floating wind farm

CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.

about 4 years ago
Fluxys awards MT Group Zeebrugge LNG terminal contract
Business Developments & Projects

Fluxys awards MT Group Zeebrugge LNG terminal contract

Fluxys Belgium, the operator of the Zeebrugge LNG terminal, has awarded Lithuanian energy infrastructure company MT Group a contract to work on the terminal expansion.

about 4 years ago
A map showing Sea Stacks offshore wind project location
Business Developments & Projects

ESB applies for offshore wind site investigation permit in Ireland

ESB Wind Development Limited, a wholly owned subsidiary of Irish utility company ESB, has applied for a licence to carry out site investigations for its Sea Stacks Offshore Wind project, one of the projects on which the company was joined by Equinor, before the Norwegian developer decided to withdra

about 4 years ago
West Bollsta rig
Business Developments & Projects

Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean

Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.

about 4 years ago
Photo showing Fred Gardner (Courtesy of Symphony Wave Power)
Business Developments & Projects

Wave energy parks with Symphony devices may emerge in North Sea by 2023

Wave energy parks, equipped with Symphony Wave Power devices, could emerge in the North Sea in 2023, according to the company’s founder Fred Gardner.

about 4 years ago
Jadestone CFO to take over same role at Cooper
Business Developments & Projects

After leaving Jadestone, CFO to take the same role at Cooper Energy

Cooper Energy has revealed it will be getting a new CFO in the spring of next year by hiring the current CFO of Jadestone for the role.

about 4 years ago
Nord Stream 2
Business Developments & Projects

Gas filling underway at second Nord Stream 2 string

The gas-in procedure for the second string of the Nord Stream 2 has begun on 17 December, according to the project update.

about 4 years ago
Sevan concept gets green light for Equinor’s Barents Sea project
Business Developments & Projects

Sevan’s cylindrical FPSO concept selected for Barents Sea project

Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.

about 4 years ago
A photo of the Sandbank offshore wind farm in Germany
Business Developments & Projects

Vattenfall to install CPS stabilisation on Sandbank offshore wind farm’s cables

Vattenfall, through the project company DanTysk Sandbank Offshore Wind GmbH & Co. KG, has opened a tender for construction works on the Cable Protection System (CPS) stabilisation at the Sandbank offshore wind farm in Germany. The company is looking for a contractor to install a loose rock berm cove

about 4 years ago
Port of Oakland
Business Developments & Projects

Port of Oakland step closer to zero emissions with new grant

Port of Oakland clean energy efforts are getting a $5.2 million boost from the US government.

about 4 years ago
Oceanteam
Business Developments & Projects

Oceanteam bags cable transport deal with Chinese client

Offshore cable solutions provider Oceanteam has secured a contract with a Chinese client to transport subsea cables from China to the Netherlands.

about 4 years ago
U.S.
Business Developments & Projects

U.S. gov’t awards $241M in grants for ports

The U.S. government has awarded more than $241 million in discretionary grant funding for 25 projects to improve port facilities in 19 states and one territory through the Maritime Administration’s (MARAD) Port Infrastructure Development Program (PIDP).

about 4 years ago
Valaris 8505
Business Developments & Projects

Oil & gas discoveries in 2021 to hit lowest level in 75 years, Rystad says

An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.

about 4 years ago
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