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Business Developments & Projects

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asso subsea fecamp
Business Developments & Projects

Asso.subsea completes Fécamp inter-array cable work offshore France

Asso.subsea has completed the inter-array cable installation and protection operations for the 500 MW Fécamp wind farm offshore Normandy, France. Asso.subsea was contracted by Italy-headquartered Prysmian Group to execute the seabed preparation, installation, and protection works, involving four dif

about 2 years ago
Alexandroupolis FSRU arrives in Greece after almost 10-month conversion at Seatrium
Business Developments & Projects

Alexandroupolis FSRU arrives in Greece after almost 10-month conversion at Seatrium

Gastrade’s floating storage regasification unit (FSRU) Alexandroupolis, former 2010-built LNG carrier GasLog Chelsea, has arrived in Greece after completing an almost 10-month conversion at Seatrium shipyard in Singapore. The FSRU, which entered Keppel Shipyard in Singapore in early February 2023 fo

about 2 years ago
Remontowa
Business Developments & Projects

Remontowa to build hybrid ferry for Torghatten Nord

Polish shipbuilder Remontowa Shipbuilding S.A. has signed a contract to construct a hybrid-powered passenger-car ferry for Torghatten Nord AS, one of the largest ferry operators in Norway. The ferry will be fitted with two azimuth thrusters with vertically mounted electric motors powered by batterie

about 2 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore speeding up FPSO projects with new multi-purpose floater hull financing

SBM Offshore has secured a new multi-million revolving credit facility (RCF) for the financing of the construction of Fast4Ward multi-purpose floater (MPF) hulls.

about 2 years ago
Barossa concept; Source: Santos
Business Developments & Projects

All-systems-go for drilling ops at giant gas project off Australia

Santos has received a stamp of approval for an environment plan (EP), covering development drilling activities at the Barossa gas field off the coast of Australia.

about 2 years ago
Maersk
Business Developments & Projects

Red Sea attacks on liner majors’ vessels highlight crucial link between world peace and just energy transition

This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. The global efforts to achieve decarbonization targets bolstered by nearly 200 countries that vowed to phase out fossil fuels at the COP28 climate summit in Dubai earlier this week

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Aker BP keeping Odfjell Drilling rig busy until end of 2026

Odfjell Drilling has inked an amendment with Aker BP which enables the extension of the firm contract for a semi-submersible drilling rig hired for work on the Norwegian continental shelf (NCS).

about 2 years ago
Electramar
Business Developments & Projects

Electric hybrid vessel Electramar joins ESL’s AtoB@C Shipping

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has taken delivery of Electramar, the first vessel in the series of twelve energy-efficient plug-in hybrid vessels.

about 2 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Business Developments & Projects

All-systems-go for Harbour to drill North Sea prospect with Noble rig

Harbour Energy has received consent for exploration drilling in the North Sea, using one of Noble Corporation’s jack-up rigs.

about 2 years ago
Gunvor closes €400 million loan to secure LNG supplies for Italian industry
Business Developments & Projects

Gunvor closes €400 million loan to secure LNG supplies for Italian industry

Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services. The five-year facility is guaranteed by SACE, the Italian Export Credit Agency (ECA), with U

about 2 years ago
Geert Schouten, Director of Shipbuilder; Source: Shipbuilder
Business Developments & Projects

Shipbuilder: Cutting down construction risks for offshore vessels with digitalization

Shipbuilder’s director believes companies can avoid a big chunk of risks involved in vessel construction with digitalization.

about 2 years ago
KPI OceanConnect
Business Developments & Projects

KPI OceanConnect: Fujairah joins biofuel bunkering ports club

The UK-based marine energy solutions provider KPI OceanConnect has supplied two bulk carriers owned by India-based company ArcelorMittal Shipping B24 very low sulfur fuel oil (VLSFO) at the Port of Fujairah, the United Arab Emirates (UAE).

about 2 years ago
Bluestream OEG
Business Developments & Projects

UK’s OEG to buy Bluestream Offshore

OEG Energy Group (OEG) has signed a sale and purchase agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opport

about 2 years ago
Margarita Salas
Business Developments & Projects

Baleària’s 2nd LNG-powered fast ferry hits the water

Spanish ferry operator Baleària has launched its second LNG dual-fuel fast ferry Margarita Salas at the Armon Shipyard in Gijón, where it is currently under construction. Worth a total investment of €126 million, Baleària’s Margarita Salas is set to commence operations next summer. “We already had a

about 2 years ago
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