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UK firm delivering equipment to back deepwater drilling off Guyana
Business & Finance

UK firm delivering equipment to back deepwater drilling off Guyana

London-headquartered energy services provider Hunting has begun the delivery of oil country tubular goods (OCTG) accessories to support deepwater drilling operations offshore Guyana, described by the company as a strategically important energy region. Hunting secured the $20 million contract early t

about 9 months ago
The rigs developed in IMPACT will continue as part of the SWEET Lab at VGA’s facilities in Deruta, Italy. Image: VGA.
Business Developments & Projects

RISEnergy launches third call to drive renewable innovation

The third call for Transnational Access (TA) applications under the RISEnergy project is now open, seeking innovative solutions to enhance energy systems and reduce the life-cycle cost of energy technologies, thereby supporting the wider adoption of renewable energy. Researchers from both academia a

about 9 months ago
FPSO Triton
Business & Finance

North Sea FPSO closing in on restart date

UK-based upstream oil and gas player Serica Energy is engaged in talks with Dana Petroleum to come up with a way to improve the performance of a floating production, storage, and offloading (FPSO) vessel, which is being prepared to resume limited production from Serica’s North Sea asset on the UK Co

about 9 months ago
Testing entailed the bidirectional transfer of LNG from the Avenir Aspiration small LNG carrier to the FSRU Toscana, and vice versa; Source: OLT Offshore LNG Toscana
Business & Finance

Italy makes its first foray into small scale LNG service with OLT’s auctions

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has launched the first auctions for a small scale liquefied natural gas (LNG) (SSLNG) service, achieved through a bidirectional LNG transfer at its floating storage and r

about 9 months ago
Borgland Dolphin rig; Source: Dolphin Drilling
Business & Finance

Repsol books Dolphin Drilling’s 1977-built rig for multi-well work

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has turned a letter of intent (LoA) into a multimillion-dollar rig deal with Repsol, a Spanish multinational energy and petrochemical co

about 10 months ago
Offshore support tug (OST) 120; Source: Damen
Business & Finance

Damen on construction duty for vessel pair destined to support Woodside’s Gulf of Mexico ops

Dutch shipbuilder Damen Shipyards Group is in charge of building two next-generation offshore support tugs (OSTs) for work in the Gulf of Mexico with Woodside Energy, an Australian energy giant.

about 10 months ago
Lloyd’s Register updates guidance on fuel cell installation on ships
Business Developments & Projects

Lloyd’s Register updates guidance on fuel cell installation on ships

Lloyd’s Register (LR) has released updated guidance on the installation of fuel cells on ships.

about 10 months ago
Illustration; Source: SLB
Business & Finance

Oil & gas boost on the horizon: SOCAR taps SLB for Caspian Sea duo’s revamp

SLB has signed on the dotted line to pool resources with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the redevelopment of two oil and gas fields in the Caspian Sea to augment production from these mature assets off the coast of Azerbaijan.

about 10 months ago
Cavotec
Business Developments & Projects

Cavotec pens additional shore power supply contracts worth nearly $11M

Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately $10.9 million) with an undisclosed shipping player to supply shore power systems for container vessels. According to officials from Cavotec, the two new orders cover both newly built boxships and

about 10 months ago
Admarine 510 jack-up rig; Source: ADES
Business & Finance

Landslide shareholder vote begins final countdown to ADES-Shelf Drilling merger completion

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is one step closer to wrapping up its merger with the UAE-based Shelf Drilling, thanks to the lion’s share of the latter’s shareholders endorsing the business combination after t

about 10 months ago
Molgas acquires Titan to boost growth in clean marine fuels sector
Business Developments & Projects

Molgas acquires Titan to boost growth in clean marine fuels sector

Molgas Energy, backed by InfraVia Capital Partners, has finalized the full acquisition of the Titan Energy Holding, parent company of Titan Clean Fuels.

about 10 months ago
Tension Buoy installed in Risør, Norway
Business Developments & Projects

Norwegian self-adjusting mooring buoy set to ease solar-hydro integration

Oslo-headquartered Fred. Olsen 1848 has unveiled its Tension Buoy concept, designed to maintain stable mooring tension for floating solar installations in reservoirs and hydropower dams with large water-level variations. The solution addresses one of the main technical barriers to pairing floating

about 10 months ago
Gjøa; Source: Vår Energi
Business & Finance

North Sea operator steps up oil project’s game with boost in production and reserves

Norwegian upstream oil and gas player Vår Energi has ramped up its production and reserves from a field in the North Sea by bringing online a new low-pressure project off the coast of Norway.

about 10 months ago
MOL
Business Developments & Projects

MOL joins Australian partners in advancing low-emission ammonia bunkering

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, NH3 Clean Energy and Oceania Marine Energy, to embark on the two maritime players’ low-emission ammonia bunkering initiative. As disclosed, the three partners signed a memorandum of understanding (M

about 10 months ago
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