Maersk Drilling secured two new contracts

Maersk Drilling the Offshore drilling contractor has been awarded new contracts for two of its drilling rigs with Shell in Trinidad & Tobago and another one with NAM in the UK. After recording a loss of $1.65 billion for 2020 affected by lower rig utilisation, 2021 is off to a promising start following a number of…

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DNV GL Gives a Statement of Feasibility for Heerema’s Silent Offshore Installation Concepts

Heerema Marine Contractors’ concepts for the silent installation of offshore facilities’ foundations have received a Statement of Feasibility from the global quality assurance firm DNV GL. Heerema has been working on developing ‘silent foundations’ – pile foundations for offshore structures that can be installed without loud hammering. Hammering can be harmful to marine life and…

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EU Grants Funding for Offshore Green Hydrogen Project

The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of combining an offshore wind turbine directly with an electrolyzer and transporting renewable hydrogen to shore The consortium, consisting of…

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Farm-out Deal for Barryroe Field in North Celtic Sea

Irish based oil and gas company Providence Resources has signed a farm-out deal for a 50% working interest in the Barryroe Oil and Gas Field with SpotOn Energy, the Norwegian based resources company partnering with a Consortium of international service providers to fund, develop and produce the Barryroe oil and gas field. Barryroe, located around…

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UK construction contract awards rose 50% in April 2020

Despite the coronavirus lockdown putting many projects on hold, around £9.7 billion of new construction and infrastructure projects were awarded in April, according to the Builders’ Conference. The UK construction sector continues to confound and confuse, delivering a record-breaking level by value of new contract awards from verified research carried out by Builders’ Conference amidst…

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Titan LNG announces world record bunkering operation

Netherlands-based Titan LNG have reported a successful completion of the largest LNG bunkering operation ever. The company organised a bunkering of fuel to Heerema’s Sleipnir semi-submersible crane vessel, using the Coral Fraseri LNG carrier in the Port of Rotterdam. They delivered almost 3,300 metric tonnes of LNG in less than 24 hours. The Sleipnir is…

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