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Hebron platform; Source: ExxonMobil
Business & Finance

ExxonMobil entrusts multimillion-dollar gig off Canada to Aker Solutions

Norway-based energy services provider Aker Solutions has won a multi-year brownfield services assignment with ExxonMobil Canada, a subsidiary of the U.S.-headquartered energy giant ExxonMobil.

about 8 months ago
Farm-in agreement signing
Business Developments & Projects

Greece gearing up for offshore exploration revival as ExxonMobil joins Ionian Sea block

U.S.-headquartered energy giant ExxonMobil, UK-based oil and gas player Energean, and Greece’s HELLENiQ ENERGY Upstream have signed a farm-in agreement for ExxonMobil’s participation in a concession in the northwestern Ionian Sea.

about 8 months ago
HYDS forges ahead with green hydrogen production projects
Business Developments & Projects

HYDS forges ahead with green hydrogen production projects

Hydrogen Solutions (HYDS) has reached final investment decisions (FIDs) for its two green hydrogen production projects, HyFuel and Kaupanes Hydrogen, advancing them into the construction phase.

about 8 months ago
West Vela seventh-generation ultra-deepwater dual activity drillship; Source: Seadrill
Business & Finance

Appraisal of black gold discovery coming up next year in Gulf of America

Houston-based energy player Talos Energy is setting the stage to undertake appraisal activities in 2026 at its recent oil discovery in the Gulf of America (U.S. Gulf of Mexico), which was drilled with a drillship owned by Seadrill, an offshore drilling contractor.

about 8 months ago
BASF opens green hydrogen and fuel cell component facility
Business Developments & Projects

BASF opens green hydrogen and fuel cell component facility

BASF Environmental Catalyst and Metal Solutions (ECMS) has opened a production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt.

about 8 months ago
biofuels
Authorities & Government

Open letter to COP30: Scientists call on global leaders to limit crop biofuels

Ahead of the UN Climate Change Conference COP30, which opens next week in Belém, Brazil, nearly 100 members of the global scientific community, including representatives from the Union of Concerned Scientists, have signed on to a letter calling on global leaders to limit a ‘dangerous expansion” of b

about 8 months ago
Bureau Veritas
Business Developments & Projects

European maritime and nuclear players ink strategic cooperation agreement

France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration o

about 8 months ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business & Finance

‘Major’ North Sea operator renews Vallourec’s contract

French provider of tubular solutions Vallourec has secured the renewal of a multi-year contract with an undisclosed operator in the North Sea for the supply of oil country tubular good (OCTG) products, accessories, and integrated services. Vallourec said it was in charge of providing logistics, main

about 8 months ago
Deepsea Yantai; Source: Odfjell Drilling
Business & Finance

Norwegian duo’s asset exchange paving the way for North Sea oil & gas discovery’s development

An oil and gas discovery in the North Sea, which is expected to reap the benefits of a decision by two Norwegian oil and gas players, Aker BP and DNO, to swap assets, is now poised to witness an acceleration of its development off the coast of Norway.

about 8 months ago
Mersey Tidal barrage
Business Developments & Projects

Mersey tidal power project moves forward with cooperation extension

Liverpool City Region Mayor Steve Rotheram has extended a “successful and productive” collaboration with K-Water, the Korean company behind the “world’s largest” tidal power facility at Sihwa Lake. The memorandum of agreement (MoA), first signed three years ago, is supporting the Combined Authority’

about 8 months ago
Rendering of the Cedar LNG facility
Business Developments & Projects

Canadian West Coast LNG ambitions advance as Petronas signs 20-year liquefaction deal

Canada’s Pembina Pipeline Corporation has signed a long-term deal with Malaysia’s state-owned energy giant PETRONAS for liquefaction capacity at a liquefied natural gas (LNG) plant that the former is developing in Kitimat, Canada.

about 8 months ago
CMA CGM and Edison hit LNG bunkering milestone in Italy
Business Developments & Projects

CMA CGM and Edison hit LNG bunkering milestone in Italy

Italian energy company Edison and French shipping giant CMA CGM have completed the first ship-to-ship (STS) LNG bunkering of a containership in Italy.

about 8 months ago
fuels
Authorities & Government

EU moves to scale up production of sustainable maritime fuels as global race heats up

The European Commission has adopted the Sustainable Transport Investment Plan (STIP) which sets out a common approach to boost investments in renewable and low-carbon fuels focusing on waterborne and aviation transport.

about 9 months ago
Rendering of Argentina LNG project; Source: YPF
Business & Finance

ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American co

about 9 months ago
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