The transmission system operators (TSOs) in Latvia and Estonia, AS Augstsprieguma tikls (AST) and Elering AS, have signed a cooperation agreement to study possible solutions for connecting the two countries’ joint 1 GW offshore wind project in the Baltic Sea to their mainland grids. Latvia and Eston
Scandinavian Biogas Fuels International AB has decided to invest approximately NOK 170 million (about $20.7 million) in a liquid biogas plant (LBG) in Skogn, outside Trondheim, Norway.
Oil services provider Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway.
Danish company Floating Power Plant (FPP) has secured €17.65 million in R&D tax credits for an offshore floating wind and wave project off the coast of the Canary Islands.
Shareholders of Australia’s FAR Limited have approved the sale of the company’s Senegal RSSD project, which contains the Sangomar field, to Woodside.
Offshore drilling contractor Valaris booked a $910 million loss in the first quarter of the year but hopes to re-emerge from bankruptcy sooner rather than later.
Global Sea Mineral Resources (GSR), the deep sea mining subsidiary of the Belgian dredger DEME, has faced a setback on one of the world’s first deep sea mining pilot test as its 25-tonne robot ‘nodule collector’ Patania II got detached and stranded on the Pacific Ocean’s seabed.
The Kriegers Flak offshore wind farm in the Baltic Sea, where half of the turbines have been installed so far, is already generating electricity for Danish households and has contributed to Vattenfall’s Q1 2021 results. The developer reported a decrease in electricity generation in the first quarter
Bermuda-based ship owner and charterer SFL Corporation Ltd. is to order two new dual-fuel 7,000 CEU car carriers that will be chartered out to an unnamed European automobile manufacturer.
A subsidiary of Norwegian offshore vessel owner Eidesvik Offshore has sold and delivered one of its platform supply vessels (PSVs).
Offshore helicopter operator Bristow Group has won a contract extension with Aker BP to support air transportation crew change services for their operations on the Norwegian continental shelf.
Over the past few years, and especially in 2020, new geographical areas have been getting onto the offshore wind map and are likely to have their first projects up and running in the next decade, or the time leading up to 2050 – when renewable energy and other energy transition developments should b
Oil and gas company Hess Corporation has reported a net income of $252 million in the first quarter of 2021, a completely different picture than the one from the first quarter of 2020 when the company had a net loss of $2,4 billion.
Offshore construction specialist Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract by Saudi Aramco.
