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First UK-Germany link makes construction progress as it celebrates 6th anniversary
Business & Finance

First UK-Germany link makes construction progress as it celebrates 6th anniversary

Siemens Energy and sub-contractor Jones Bros Civil Engineering are nearing completion of the enabling works for the UK converter station of NeuConnect, the first-ever energy link between the UK and Germany. The works have included the construction of a 50,000m2 platform for the new converter station

about 2 years ago
FPSO Marechal Duque de Caxias; Source: MISC Group
Business & Finance

Tow master selected for Brazil-bound FPSO destined for Petrobras’ giant oil field

ABL has been picked as tow master to support and supervise the towage of an FPSO vessel from Yantai, China, to Brazilian waters.

about 2 years ago
Eldfisk Complex; Source: ConocoPhillips
Business & Finance

Stamp of approval for ConocoPhillips’ $1.2 billion North Sea project to come on stream

ConocoPhillips has been given the green light to start production from a project tied to one of the fields in the Greater Ekofisk Area.

about 2 years ago
Swedbank
Business & Finance

Swedbank commits to shipping’s decarbonization as newest signatory of Poseidon Principles

Nordic-Baltic banking group Swedbank has signed the Poseidon Principles, a global framework for integrating climate considerations into lending decisions within ship finance.

about 2 years ago
Ocean GreatWhite rig; Source: Stepwise
Business & Finance

Diamond Offshore’s CEO designates 2023 as ‘transformational year’ with multi-million-dollar rig deals in the bag

Diamond Offshore is looking forward to reaping the benefits of higher day rates once its rigs move to their new contracts that poured in during 2023.

about 2 years ago
Superior Survey ROV that will perform subsea survey work. DeepOcean and Equinor
Business & Finance

Equinor picks DeepOcean for pipeline inspections

Norway-based ocean services provider DeepOcean has won a contract with Equinor for the delivery of pipeline inspection and survey scopes on the operator’s pipelines in the North Sea. DeepOcean’s responsibilities include pipeline inspections, seabed mapping, ad-hoc pipeline surveys, and light constru

about 2 years ago
Scarborough energy project’s Pluto Train 2 has achieved a major milestone with the first three modules now safely installed on site in Karratha, Western Australia; Source: Woodside
Business & Finance

Woodside concludes long-term LNG supply deal with KOGAS

Australian energy major Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of liquefied natural gas (LNG) to Korea. Specifically, the SPA provides for the supply of approximately 0.5 million tons per annum of LNG for a period of 10.5 y

about 2 years ago
Greek firm to deliver steel pipes for Aker BP's North Sea development
Business & Finance

Greek firm to deliver steel pipes for Aker BP’s $1.5B North Sea development

Greek Corinth Pipeworks, the steel pipes segment of Cenergy Holdings, has secured a contract with TechnipFMC to deliver steel pipes for Aker BP’s development in the North Sea. Corinth Pipeworks will deliver 27 kilometers of high-frequency welded (HFW) steel pipes for the Utsira High Project developm

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies upholds March restart date for Denmark’s largest natural gas field

TotalEnergies has confirmed the previously set restart date for the Tyra II redevelopment project, which is said to be Denmark’s largest natural gas field.

about 2 years ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Business & Finance

US player makes a move on Swedish energy firm to enrich its offshore oil portfolio in Africa

Vaalco Energy is in talks with the owner of Sweden’s Svenska Petroleum Exploration to bring the firm into the fold and take over its main asset off Cote d’Ivoire.

about 2 years ago
Noble Invincible (former Maersk Invincible); Source: Noble Corporation
Business & Finance

DNO Norge books Noble jack-up rig for drilling gig in Norway

Noble Corporation has won a new short-term assignment for one of its jack-up rigs, which will undertake drilling activities off Norway.

about 2 years ago
BLUE-X project team (at the kick-off at EOMAP’s Headquarter)
Business & Finance

Seven European partners gather to develop decision support tool for offshore renewables

Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecy

about 2 years ago
PASSER eyeing floating wind
Business & Finance

PASSER eyeing floating wind

The work on the vertical lay-up machine (VLM) for JDR’s new cable factory in the UK is now well underway in Klaipeda, Lithuania, where Norway-headquartered PASSER Group recently opened a new fabrication facility. The Group has revealed that, besides expanding its production capacity, it is also look

about 2 years ago
Shah Deniz Bravo platform; Source: BP
Business & Finance

BP brings online another section of its largest gas discovery ever made

BP has tucked a new milestone under its belt at a giant gas development off the coast of Azerbaijan by putting East North flank into production mode.

about 2 years ago
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