Norway-based shipping company Bergen Tankers and compatriot energy giant Equinor have executed a long-term time charter party for two oil/chemical tanker newbuilds with electric hybrid propulsion systems.
Jan De Nul, in partnership with Hellenic Cables, has been awarded a framework agreement from France’s transmission system operator (TSO) Réseau Transport d’Electricité (RTE) to supply and install the export cables for two floating wind farms off the coast of Southern Brittany, totaling 750 MW. Jan D
Equinor has found no hydrocarbons in two wells, which were drilled using one of Odfjell Drilling’s rigs in the North Sea off the coast of Norway.
Norway’s ship designer and shipbuilder VARD has delivered an advanced cable-laying vessel (CLV) to Denmark’s subsea specialist NCT Offshore, less than two years after the contract was signed. NCT placed the order for the 95-meter-long CLV Freja with VARD in early 2023, with Vard Design in Ålesund, N
Woodside has reached another milestone, which it sees as significant for developing its giant gas project off the coast of Western Australia, thanks to the arrival of the last batch of modules at the Pluto Train 2 construction site in Karratha.
Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro
UK’s wind propulsion technology provider GT Wings has closed over £1 million (about $1.3 million) in new equity that would enable the company to grow its team and further develop its wingsail solution.
Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed what it says is the largest electricity transmission project in Greece, with a budget exceeding €1.1 billion. IPTO reported yesterday, December 23,
Solstad Subsea Holding, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, is set to acquire a 35.8% ownership share in Norway’s ROV, tooling, personnel, survey and project management services provider Omega Subsea. Established in 2012, Omega Subsea, with offices in Norway and
Woodside has made further progress in decommissioning and dismantling activities at a field off the coast of Western Australia.
Norway’s Myklebust Shipyard has awarded compatriot Brunvoll with another contract for a thruster package, destined for an inspection, maintenance and repair (IMR) vessel it is building for REM Offshore. This confirms the option for an additional vessel for REM Offshore, originally announced in May t
South Korea’s shipbuilder Hanwha Ocean and compatriot aerospace and defense company Hanwha Systems have wrapped up a $100 million acquisition of Philly Shipyard, a US shipbuilder focused on commercial and government projects. Following the announcement of the transaction back in June 2024, whereby H
Swedish company CorPower Ocean’s wave energy initiative in Portugal has gained backing from the European Investment Bank (EIB), which views the project as an “innovative solution that could revolutionize the renewable energy landscape.” According to CorPower Ocean, the EIB is providing the company w
Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.
