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Four firms net EPCI subsea contract for giant Black Sea natural gas project
Business Developments & Projects

Four firms win EPCI subsea contract for giant Black Sea gas project

Turkish Petroleum has awarded a contract for subsurface solutions for the second phase of what is said to be one of Türkiye’s largest energy projects ever built to four companies. Subsea 7 confirmed the award of the “major” contract by Turkish Petroleum for the second phase of the Sakarya field deve

about 3 years ago
The Uldolmok Tidal Power Station (Courtesy of IEA-OES/Photo by KIOST)
Business Developments & Projects

Tidal energy pilot in Korea completes two years of clean power generation

The Uldolmok Tidal Power Station in South Korea has completed two years of electricity generation, exploiting the tides of the Myeongnyang Strait at Jindo Island.

about 3 years ago
Gasum terminates natural gas supply contract with Gazprom Export while long-term LNG deal remains in place
Business Developments & Projects

Gasum terminates natural gas supply contract with Gazprom Export while long-term LNG deal remains in place

Nordic energy company Gasum has terminated the long-term natural gas supply contract with Russia’s Gazprom Export while the long-term LNG supply contract between the two companies remains in place. On 22 May 2023, Gasum announced its decision to terminate the natural gas supply contract following Ga

about 3 years ago
Fugro geophysical survey
Business Developments & Projects

Fugro nabs German geophysical survey deal

Germany’s Federal Maritime and Hydrographic Agency (BSH) has awarded Fugro a geophysical survey contract for two offshore wind farm sites in the German exclusive economic zone (EEZ) in the North Sea. Working together with Fraunhofer Institute for Wind Energy Systems (IWES), Fugro’s Geo-data will be

about 3 years ago
Illustration/EEL Energy’s scaled tidal energy converter (Courtesy of EEL Energy)
Business Developments & Projects

EEL Energy gets green light to deploy biomimetic tidal energy turbines in France

EEL Energy has secured a permit from the French navigation authority Voies navigables de France (VNF) to deploy its tidal energy turbine in the river Rhône near Lyon, that will later be accompanied with three additional devices.

about 3 years ago
OSM Maritime
Business Developments & Projects

OSM Maritime and Thome merger cleared, paving way for creation of ship management powerhouse

Competition authorities have approved the merger of ship management companies OSM Maritime Group and Thome Group. The merged company, OSM Thome, will be a powerhouse in the international ship management market, represented in 22 countries and headquartered in Arendal, Norway. “This is a big day for

about 3 years ago
Dalian cuts steel for MSC’s LNG-powered 16,000 TEU boxship
Business Developments & Projects

Dalian cuts steel for MSC’s LNG-powered 16,000 TEU boxship

Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has kicked off construction of another LNG-powered 16,000 TEU containership for Swiss shipping giant Mediterranean Shipping Company (MSC). The construction of the ship began on 15 May with the steel-cutting cere

about 3 years ago
More work for Expro with Harbour Energy
Business Developments & Projects

More work for Expro with Harbour Energy

UK-headquartered energy services provider Expro has secured a new contract with Harbour Energy for a well abandonment campaign as part of a decommissioning project on the UK Continental Shelf. The multi-year contract, valued at more than $20 million, will see Expro use its Subsea Well Access technol

about 3 years ago
Quebec government to invest $8.7mln in development of smart corridor
Business Developments & Projects

Quebec government to invest $8.7mln in development of smart corridor

The Quebec government has decided to invest $8.7 million in the development of the St. Lawrence Smart Corridor.

about 3 years ago
Noble Faye Kozack (for illustration purposes); Source: Noble Corp.
Business Developments & Projects

U.S. offshore rig count loses upward traction and slips down a notch

Following two weeks of slow growth, the number of offshore rigs in the U.S. dropped down to 21 units last week.

about 3 years ago
Provaris: Compression is low-cost delivery method for hydrogen marine transport
Business Developments & Projects

Provaris: Compression is low-cost delivery method for hydrogen marine transport

Compression is a viable alternative and low-cost delivery method for the regional transport of hydrogen, Australian Provaris Energy found in its latest report comparing the delivery cost of hydrogen for three hydrogen energy sectors. The 2023 Hydrogen Marine Transport Comparison Report, explores the

about 3 years ago
Marine license in place for Scottish subsea electricity superhighway
Business Developments & Projects

Marine license in place for Scottish subsea electricity superhighway

SSEN Transmission has secured a marine license for its proposed new subsea electricity superhighway along the east coast of Scotland. The Eastern Green Link 2 project, delivered in partnership with National Grid Electricity Transmission (NGET), will see the creation of a subsea transmission cable fr

about 3 years ago
Petrobras
Business Developments & Projects

Petrobras bringing sale of 22 onshore and shallow water fields closer to the finish line

Petrobras has been ticking all precedent conditions off the list for the sale of its interest in a Brazilian cluster to close this deal.

about 3 years ago
A Coast Guard Station Freeport 45-foot Response Boat-Medium boatcrew rescues three boaters aboard an oil rig after their vessel began sinking near Freeport, Texas; Credit: U.S. Coast Guard photo by St
Business Developments & Projects

Gallery: Three stranded offshore workers rescued from oil rig in U.S. waters

The U.S. Coast Guard has carried out a rescue mission of three offshore workers from an oil rig off the coast of the United States.

about 3 years ago
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