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Business & Finance

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Shetland HVDC Link transmits first power ahead of full commissioning later this summer
Business & Finance

Shetland HVDC Link transmits first power ahead of full commissioning later this summer

SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) Link in the North Sea has transmitted its first power from a wind farm to the mainland, nearing full energization. The £660 million Shetland HVDC Link connects Noss Head in Caithness and Weisdale Voe in Shetland. The 260-kilometer subse

about 2 years ago
SolarinBlue gets a multimillion-euro grant for the first 1 MWp French and Mediterranean floating solar farm
Business & Finance

Multimillion-euro grant for first 1 MWp French and Mediterranean floating solar farm

French company SolarinBlue has been awarded €6 million in funding for its floating solar project by the French government as part of the France 2030 program, operated by ADEME, the French Agency for Ecological Transition.

about 2 years ago
FPSO Maria Quitéria; Source: Yinson Production
Business & Finance

FPSO eating up the miles to Brazil while Petrobras brings production start date forward

Petrobras has moved up the timeline for the start of operations concerning its floating production, storage, and offloading (FPSO) vessel destined to work off the coast of Brazil.

about 2 years ago
N05-A platform designed to be powered by offshore wind; Source: ONE-Dyas
Business & Finance

Court rules coast is clear for North Sea gas project: Will it be smooth sailing from here on?

Has a natural gas development in the North Sea finally managed to catch a break with calm seas and fair winds ahead or is this wishful thinking given the hard stance climate activities have taken on the project?

about 2 years ago
Pioneering Spirit (for illustration purposes); Source: Allseas
Business & Finance

Activists’ game plan for deep sea mining ban turns up the heat on Allseas to cease its pursuits

Allseas has been urged to abandon further technological development of giant mining machines due to the allegedly harmful consequences their use will have.

about 2 years ago
PCE-1 platform; Source: Trident Energy
Business & Finance

Trendsetter lines up subsea work on two oil assets in Brazilian waters

Texas-based Trendsetter Engineering has tucked a new assignment under its belt on two offshore oil fields in Brazil.

about 2 years ago
Illustration; Source: TGS
Business & Finance

TGS’ seismic data to shed light on African country’s ‘promising’ oil & gas potential

TGS has been put in charge of offshore subsurface data insights into the maturity and distribution of source rocks off the coast of Tanzania.

about 2 years ago
Illustration; Source: Oceaneering
Business & Finance

Oceaneering picks up multimillion-dollar deal for Gulf of Mexico energy project

Oceaneering International has been hired to provide an electro-hydraulic, steel tube dynamic umbilical for an energy project in the Gulf of Mexico.

about 2 years ago
Monna Lisa cable laying vessel; Source: Prysmian
Business & Finance

WATCH: Prysmian’s cable layer going on final prep mission ahead of gig at UK’s huge renewable superhighway

Prysmian has confirmed the start of its vessel’s journey to Norway, where outfitting completion and trials will take place before the cable layer embarks on its inaugural job at a high voltage direct current (HVDC) cable connection in the UK.

about 2 years ago
Lorelay pipelay vessel; Source: Allseas
Business & Finance

Allseas gearing up for ‘complex’ subsea pipelay gig as Caribbean beckons

Switzerland-headquartered Allseas is months away from embarking on a subsea pipeline assignment in the Caribbean.

about 2 years ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Business & Finance

Legal storm to hit Rosebank as UK’s historic ruling brings emissions from burning oil & gas into play

The ink is not even dry yet on a recent court ruling but it has sparked excitement about resuming a legal battle against Rosebank, said to be the largest undeveloped oil field in British waters.

about 2 years ago
Illustration; Source: Baron Oil
Business & Finance

UK player progressing talks to put funding in place for drilling ops offshore Timor-Leste next year

Baron Oil has entered its third year of a production sharing contract (PSC) for a gas field offshore Timor-Leste.

about 2 years ago
Eight cross-border energy infrastructure projects secure €600 million-bundle of financial support from EU
Business & Finance

Eight cross-border energy infrastructure projects secure €600 million-bundle of financial support from EU

European Climate, Infrastructure and Environment Executive Agency (CINEA) has inked almost €600 million in grant agreements for eight cross-border energy infrastructure projects, entailing ten countries and covering electricity, gas, CO2, and smart grids. Five of these eight projects are focused on

about 2 years ago
Wadad Aletheia; Source: CCCUWE
Business & Finance

Delivery of UAE player’s subsea vessel gets pushed to next quarter

The UAE-based CCCUWE has disclosed a revised schedule for the arrival of the newest member of its subsea fleet to its base.

about 2 years ago
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