German oil and gas company Wintershall Dea has decided not to advance or implement any additional oil and gas production projects in Russia and to write off its financing of the Nord Stream 2 project totaling around €1 billion. In a recent personal statement, Wintershall Dea’s chief executive Mario
OneSubsea, the subsea technologies division of Schlumberger, has contracted Vallourec to supply upset riser joints for the Bacalhau project offshore Brazil.
Norwegian subsea contractor Havfram has revealed its goal to become one of the future leaders in the electrification market for oil and gas production assets through offshore wind developments. The move comes after Havfram changed its name from Ocean Installer back in December 2020 to reflect its in
Neptune Energy has set a new target to store more CO2 than is emitted from its operations and the use of its sold products by 2030.
Another 30-year concession request has been submitted to one of the local authorities under the Italian Ministry of Infrastructure and Transport for a floating wind farm in the Mediterranean Sea.
Norwegian offshore vessel owner Eidesvik Offshore has won a contract by PXGEO UK for Subsea Viking under the master time charter agreement. The contract will commence ultimo April in direct continuation of the existing standby contract. The firm period is for 100 days with options for extensions. In
Prysmian has won a contract worth around €1.2 billion to deliver the 725-kilometer NeuConnect interconnector that will directly link the German and UK electricity grids for the first time. The Italian cabling giant will provide the turnkey design, manufacturing, installation, testing and commissioni
SEA-KIT is expanding its Tollesbury production facility on the UK’s East Coast to deliver on a growing uncrewed surface vessel (USV) order book, with new jobs set to be created. According to SEA-KIT CEO Ben Simpson, the current order book means that the company is moving from one to three production
Nord Stream 2 AG, the Switzerland-based company that built the namesake Germany-Russia gas pipeline, is considering filing for insolvency following U.S. sanctions, according to Reuters. Nord Stream 2 AG is working with a financial advisor to clear some of its liabilities and could formally start ins
Shearwater GeoServices has won a contract with Lundin Energy Norway to deliver a 4D ocean bottom seismic (OBS) survey at the Edvard Grieg field. The SW Cook and SW Tasman will conduct the one-and-a-half-month project (3 vessel months) in the North Sea during the 2022 summer season using its Qseabed
Scottish company Mocean Energy has secured €875,000 to accelerate the commercial roll-out of its wave energy technology and drive its adoption in offshore oil and gas sector.
The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a
Survey vessel Geo Ranger is set to begin a geophysical pre-lay survey along the export cable corridor at the Dogger Bank A offshore wind project in mid-March. The activities are planned to begin on 13 March and end on approximately 18 March. They will be carried out on a continuous basis, 24 hours a
Jan De Nul has awarded Correll Group with a contract for the replacement of an inter-array cable at the Princess Amalia offshore wind farm in the Netherlands. According to Correll, this is a turnkey project using the company’s termination, testing and cable pull-in services. “We are delighted to hav
