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Business Developments & Projects

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Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business Developments & Projects

Norway throws importance of oil & gas for Europe’s energy security into stark relief

Norway stepped up to help alleviate Europe’s energy woes, becoming the continent’s largest gas supplier in the process.

about 3 years ago
LNG-powered Silver Nova handed over to Silversea Cruises
Business Developments & Projects

LNG-powered Silver Nova handed over to Silversea Cruises

German shipbuilder Meyer Werft has handed over Silver Nova, an LNG-fueled cruise ship, to Monaco-based cruise line Silversea Cruises. The delivery was announced on 21 July in a brief social media update by Meyer Werft. The 54,700-ton ship is part of a newbuild project known as Project Evolution, and

about 3 years ago
Van Oord installs inter-array cables at Hollandse Kust Noord
Business Developments & Projects

Van Oord installs inter-array cables at Hollandse Kust Noord

Van Oord has completed installing and burying inter-array cables at CrossWind’s Hollandse Kust Noord offshore wind farm in the Dutch North Sea. Van Oord’s cable-laying vessel Nexus and trencher Dig-It, a remotely-operated vehicle operated from Subsea Viking, have installed a web of 69 inter-array ca

about 3 years ago
Waves4Power's WaveEl wave energy system (Courtesy of Waves4Power)
Business Developments & Projects

Swedish wave energy company gets onboard Alaska’s decarbonization accelerator

Swedish company Waves4Power has been selected to participate in Launch Alaska’s 2023 Tech Deployment Track, a program which accelerates decarbonization and deployment of climate tech solutions by helping companies forge partnerships and identify projects in Alaska.

about 3 years ago
ABS
Business Developments & Projects

ABS greenlights Japanese fully autonomous ship framework

The American Bureau of Shipping (ABS) has issued an approval in principle to the fully autonomous ship framework named Action Planning and Execution System for full autonomous (APExS-auto). The system was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI), and Ja

about 3 years ago
NNPC and UTM Offshore ink deal on Nigeria’s first indigenous floating LNG project
Business Developments & Projects

NNPC and UTM Offshore ink deal on Nigeria’s first indigenous floating LNG project

Nigerian National Petroleum Corporation (NNPC) and UTM Offshore have signed a Heads of Terms (HoT) agreement for the construction of the nation’s first indigenous floating LNG project. The agreement, described as a major step towards bolstering Nigeria’s energy security and promoting the utilization

about 3 years ago
Kistos' exploration and production licenses in the Netherlands; Source: Kistos
Business Developments & Projects

With appeal for North Sea licence extension out of the way, Kistos eyes appraisal drilling ops

Kistos has successfully appealed against the Netherlands Ministry of Economic Affairs’ decision not to extend the term of a licence in the North Sea.

about 3 years ago
Inna Braverman and Minas Papadakis (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power and partners discuss next steps for 2MW wave power plant in Greece

Eco Wave Power and its project partner Rogan Associates have conducted an official site visit to the Port of Heraklion in Greece to discuss the next steps for the planning of the 2MW wave energy project.

about 3 years ago
Island Innovator rig; Source: Island Drilling
Business Developments & Projects

WATCH: Island Drilling rig getting ready for coil tubing ops in UK waters

Island Drilling has revealed a video of its semi-submersible rig, which is preparing for coil tubing operations while on contract with Dana Petroleum in the UK.

about 3 years ago
NKT preferred bidder for two Scottish HVDC power cable projects
Business Developments & Projects

NKT preferred bidder for two Scottish offshore HVDC transmission links

SSEN Transmission, the transmission owner in the north of Scotland, has appointed NKT as the preferred bidder for the supply of power cable systems for two HVDC transmission links offshore Scotland. If confirmed, NKT will provide 525 kV XLPE HVDC power cable systems for the Western Isles and Spittal

about 3 years ago
Njord field in the Norwegian Sea; Credit: Even Kleppa/Lizette Bertelsen – Equinor
Business Developments & Projects

With gas on a downward spiral, Norway’s oil output keeps upping the ante

Norway’s oil production remained on the rise in June 2023 compared to the Norwegian Petroleum Directorate’s predictions.

about 3 years ago
Transocean's Deepwater Invictus drillship; Source: BHP (now Woodside)
Business Developments & Projects

Transocean’s plethora of new rig deals fetches $1.2 billion

Transocean has won a bundle of new contracts and extensions in Mexico, Australia, Norway, Lebanon, and the East Mediterranean Sea.

about 3 years ago
Damen
Business Developments & Projects

Damen seals first sale of its air cavity system

Damen Shipyards Group has secured the first sale of its Damen Air Cavity System (DACS), an air lubrication system, borne out of a collaboration with the Delft University of Technology (TU Delft). The system maintains a thin layer of air over the flat bottom of a vessel’s hull, reducing resistance in

about 3 years ago
The assembly of Wavepiston’s energy collectors (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston finalizing preps to demonstrate wave energy and desalination system offshore Canary Islands

Danish company Wavepiston has made progress with its full-scale system that will soon be deployed offshore Canary Islands to demonstrate cost-efficient power production and desalination of seawater using wave energy.

about 3 years ago
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