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Business Developments & Projects

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The Edvard Grieg platform in the North Sea. Source: Lundin
Business Developments & Projects

Lundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent

Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023.

about 5 years ago
Yellow transition pieces upended and lined up at Bladt site in Aalborg
Business Developments & Projects

Bladt loads out first TPs for Hornsea Two offshore wind farm

Bladt Industries has completed the load out of the first transition pieces (TPs) for the Hornsea Two offshore wind farm at its facilities in Aalborg. In mid-September, the company carried out the load-out of the first six anode cages built for the 1.4 GW offshore wind project, saying the first six t

about 5 years ago
West Hercules rig, Source: Equinor
Business Developments & Projects

Equinor makes oil and gas discovery in North Sea

Norwegian oil and gas giant Equinor has made an oil and gas discovery near the Fram field in the North Sea offshore Norway.

about 5 years ago
Equinor closes Hammerfest LNG after fire
Business Developments & Projects

Equinor closes Hammerfest LNG after fire

Norwegian energy giant Equinor has shut down its Hammerfest LNG export plant following a fire in an oil-powered turbine at the facility. Equinor said the incident occurred on Monday at about 15:30h local time with no injuries reported. Images on local media showed smoke rising from the plant but Equ

about 5 years ago
Valaris JU-141 jack-up rig
Business Developments & Projects

Valaris gains access to additional liquidity

Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process.

about 5 years ago
Zeynep Sultan; Source: Karpowership
Business Developments & Projects

Karpowership kicks off first floating LNG-to-power project in Indonesia

Turkey’s floating power plant company Karpower International (Karpowership) has begun operation on its first LNG-to-Power project offshore Indonesia.

about 5 years ago
3D printing
Business Developments & Projects

Wilhelmsen, thyssenkrupp create 3D printing JV for maritime sector

Norway’s maritime industry group Wilhelmsen and Germany’s industrial and technology businesses conglomerate thyssenkrupp are establishing a 3D printing joint venture targeting the maritime industry.

about 5 years ago
Pembrokeshire Coastal Forum CEO Steve Hall
Business Developments & Projects

Pembrokeshire Coastal Forum gets new CEO

Community interest company behind Marine Energy Wales, Pembrokeshire Coastal Forum (PCF), has appointed Steve Hall as CEO. Hall brings with him over 30 years of experience in ocean science, technology and policy. He is a Fellow of the Institute of Marine Engineering, Science & Technology, a Chartere

about 5 years ago
Schlumberger & Milaha
Business Developments & Projects

Schlumberger and Milaha ink cooperation deal in Qatar

Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger.

about 5 years ago
Guinard Energies Nouvelles team
Business Developments & Projects

French turbine builder makes comeback with Togo delivery

Following the acquisition by the Acti Group, the French start-up Guinard Energies Nouvelles has delivered a tidal turbine in Togo. The tidal turbine Poseide 66 on the Mono River is a key part of the autonomous electricity network deployed in this remote area of the power grid with the German company

about 5 years ago
CNOOC
Business Developments & Projects

CNOOC kicks off production from another project offshore China

Oil and gas company CNOOC Limited has started production from the Jinzhou 25-1 Oilfield 6/11 Area located offshore China.

about 5 years ago
RWE signs lease agreements for four UK offshore wind extensions
Business Developments & Projects

RWE signs lease agreements for four UK offshore wind extensions

RWE and its project partners have signed lease agreements with The Crown Estate to develop extensions of the Gwynt y Môr, Galloper, Greater Gabbard and Rampion offshore wind farms in the UK. Each proposal has already progressed through the plan level Habitats Regulations Assessment stage (HRA), The

about 5 years ago
Wintershall Noordzee drills third Sillimanite well
Business Developments & Projects

Wintershall Noordzee drills third Sillimanite well

Wintershall Noordzee has drilled the Sillimanite South field discovery well and directly converted it into a development sidetrack.

about 5 years ago
FSRU Experience; Source: Excelerate
Business Developments & Projects

Excelerate’s FSRU Experience breaks send-out capacity record

Provider of floating storage and regasification units (FSRUs) Excelerate Energy has reached a send-out capacity of 1.06 billion cubic feet (bcf) of natural gas on its FSRU Experience.

about 5 years ago
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