Sliding prices from subcontractors contributed to making the plans to expand the Heidrun worth taking another look at the for the partners in the field. With an original investment estimate of USD 1.16 - 1.50 billion, this figure should be significantly lower today, and Dea Norge confirms to ShippingWatch that the plans for the expansion, which goes by the name Zidane, are back in play.
"There are several factors that contribute to us now aiming to deliver a plan for the expansion and operating to authorities next year. All involved parties have worked hard in the past year and have contributed constructively to increase the value of the Zidane project," communication consultant Nicoline Skrent-Ellingsen of Dea Norge tells Offshore.no.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Golden Ocean CEO believes in "extremely lucrative" year for dry cargo despite plummeting rates
A worse-than-expected start to 2022 for dry cargo is far from enough to change the expectations of Golden Ocean and CEO Ulrik Andersen. The market will still be lucrative and may be so well into 2024, he tells ShippingWatch.
Maersk Product Tankers expects 2022 to be "not an amazing year"
There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.
Researcher criticizes TotalEnergies' fuel report
TotalEnergies ignores shipping’s climate adaptions in the company’s prognosis for shipping’s future fuel consumption, researcher says in criticism. Among other things, TotalEnergies supports LNG.
OOCL doubles revenue despite significant drop in volumes
Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.
Container lines criticize changes to EU's ETS proposal for shipping
If the European Parliament’s significant change to the EU’s proposal for shipping’s carbon quotas is carried through, the Emissions Trading System will go from having polluters pay to polluters being paid, says the World Shipping Council.
Director of Lederne Søfart 
Fleet Manager 
Sales Director 
Safety & Operations Manager 
Key Account Manager, Denmark 
Chief Operating Officer