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Business Developments & Projects

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A photo of the Minister of Trade and Industry Iselin Nybø met Florian Schuchert (vice president Offshore wind technology) and Jens Økland (senior vice president for Business development in Renewables)
Business Developments & Projects

Norwegian offshore wind industry working on new grid solutions

A new project aiming to advance offshore wind grid connection technology and develop new solutions has been launched in Norway. The Ocean Grid project – led by Equinor and gathering 15 other companies and research institutions – will develop new cable designs, subsea technology, and floating convert

about 5 years ago
Borr Norve jack-up rig drilled the Gabon well for BW Energy
Business Developments & Projects

BW Energy sees lower volumes than expected in new Gabon oil find

Preliminary results from BW Energy’s Hibiscus North well off Gabon indicate reserves below the lower end of the pre-drill resource estimate.

about 5 years ago
Sanmar
Business Developments & Projects

Sanmar Shipyards, Corvus Energy plan to develop zero-emission, hybrid tugs

Turkish boat builder Sanmar Shipyards and Norway’s energy storage company Corvus Energy have signed a memorandum of understanding (MoU) to develop a new range of zero-emission and hybrid tugs based on Robert Allan design.

about 5 years ago
Revitalising the Riviera of Senegal
Business Developments & Projects

Revitalising the Riviera of Senegal

Saly in Senegal used to be one of the most popular touristic hotspots of this West African country. Unfortunately, the coastal community suffered from rising sea levels and other negative effects of accelerated climate change. To revitalise Saly’s fragile local economy and prevent flood damage, the

about 5 years ago
McDermott
Business Developments & Projects

McDermott installs platform with largest jacket in Vietnam

McDermott has completed the transportation and installation subcontract of the SVDN gas and condensate developments offshore Vietnam.

about 5 years ago
Shell-KazMunayGas CCUS collaboration
Business Developments & Projects

Shell to explore CCUS opportunities with KazMunayGas

Shell and KazMunayGas have signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).

about 5 years ago
Photo showing the second RivGen power system being prepared for deployment in Alaska (Courtesy of ORPC)
Business Developments & Projects

Second hydrokinetic power system makes a splash in remote Alaskan village

The U.S.-based marine energy developer ORPC has deployed its second RivGen power system in Alaska to harness the currents of Kvichak River to produce clean and renewable energy for the residents of the Village of Igiugig.

about 5 years ago
Empyrean Energy
Business Developments & Projects

Countdown begins for Jade well drilling as Empyrean hires COSL rig

Empyrean has awarded an Integrated Drilling Contract for the drilling of the Jade prospect offshore China to COSL.

about 5 years ago
OOCL
Business Developments & Projects

OOCL orders ten eco-friendly 16,000 TEU boxships

Hong Kong-based container shipping and logistics company Orient Overseas Container Line Limited (OOCL) has ordered ten 16,000 TEU containerships in China.

about 5 years ago
Grindrod Shipping
Business Developments & Projects

Grindrod Shipping wraps up IVS Bulk acquisition

Singapore-based ship owner and operator Grindrod Shipping Holdings (GSH) has completed the acquisition of the remaining 31.14% equity stake in IVS Bulk joint venture.

about 5 years ago
Noble Globetrotter II
Business Developments & Projects

Noble to bring drillship to port to repair hurricane damages

Noble Corp. is working on a plan to bring its drillship Noble Globetrotter II into port for repairs following damages after Hurricane Ida.

about 5 years ago
Valaris JU-107 - Carnarvon Petroleum
Business Developments & Projects

Carnarvon books Valaris rig for Buffalo well

Carnarvon Petroleum has contracted the Valaris JU-107 jack-up drilling rig for the Buffalo-10 drilling operations offshore Timor-Leste.

about 5 years ago
Skye-Harris subsea cable replacement all done
Business Developments & Projects

Skye-Harris subsea cable replacement all done

Scottish and Southern Electricity Networks (SSEN) Distribution has completed the replacement of the submarine electricity distribution cable between Skye and Harris, following a cable fault in October last year. SSEN Distribution connected and energised the new cable on 31 August before gradually re

about 5 years ago
MOL to buy shares in FSUs to serve Russia's LNG projects
Business Developments & Projects

MOL to buy shares in FSUs to serve Russia’s LNG projects

Japanese shipper Mitsui O.S.K. Lines (MOL) has signed a deal with Russia’s state-owned leasing company GTLK to buy stakes in two large floating LNG storage units (FSU).

about 5 years ago
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