Global Energy Storage (GES) and Provaris Energy have entered a collaboration agreement to develop a gaseous hydrogen import facility at the GES terminal in Rotterdam.Under the collaboration, GES and Provaris will complete a comprehensive prefeasibility…
Argeo Subsea, CSI Nordics and Kongsberg Discovery signed a three-party Certificate of Delivery and Acceptance for a new HUGIN Superior AUV. The agreement supports Argeo’s fleet expansion plans, as it aims to build the world’s most advanced AUV fleet…
Norwegian oil and gas companies Equinor and DNO have completed appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery, which is now estimated to hold recoverable volumes in the range of 24 to 56 million barrels of oil equivalent (MMboe)…
Equinor, on behalf of the partners, is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS for a total of four years.The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2…
This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their confidence in the strength and longevity of the current upcycle.Report outline:ContractsValaris has confirmed that the contract for the 8…
Drilling waste management company TWMA on Tuesday announced it has closed on a $62.5million Sustainability Linked Bond on the Nordic ABM in Oslo.Qualifying for a Sustainability Linked Bond required third party recognition that TWMA’s sustainability…
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…
French energy major TotalEnergies has signed an agreement with European Energy to develop offshore wind projects in three Nordic countries, including Denmark, Finland and Sweden.The agreement covers 405 MW of offshore wind power under development in Denmark…
Copenhagen Infrastructure Partners (CIP) has launched Copenhagen Energy Islands (CEI), a new development company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors.Copenhagen Energy…
The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the Baltic Sea region on Monday together with the Finnish Border Guard, Finland's Defence Forces said in a statement.In early October a gas pipeline…
Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level…
Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based Keppel FELS over a rig contract termination. It lost the first in April 2023.Awilco Drilling in 2018 ordered a harsh…
Offshore wind installation company Havfram has signed a Senior Secured Green ECA Term Loan Facility to fund its two wind turbine installation vessels ('WTIVs'), currently under construction at CIMC Raffles in China. The Facility was entered into with a syndicate led by DNB Bank ASA (Coordinator…
Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and 'other local anchored value-creating activities on Åland…
Prosafe, an offshore accommodation rig provider, has welcomed Terje Askvig as its new CEO.'Terje brings extensive experience from shipping, oil service and private equity and has among others experience from Eitzen Chemical, Fred Olsen & Co and Triton Partners…
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