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FPSO Western Isles; Source: NEO Energy
Business & Finance

North Sea oil project inching closer to FID as FEED work moves forward on schedule

Progress is being made in putting all the requirements in place to sanction NEO Energy’s redevelopment project on the UK Continental Shelf (UKCS).

about 2 years ago
A photo of the vertical lay-up machine close up
Business Developments & Projects

Vertical lay-up machine commissioned at TKF’s new cable factory

The new cable factory Twentsche Kabelfabriek (TKF) built in Eemshaven is preparing for full operation as the company completed a type test run in March, producing a three power core-type test cable, and with the vertical lay-up machine (VLM) delivered by PASSER now commissioned and undergoing final

about 2 years ago
Yara pens ammonia supply deal with Indian energy firm
Business & Finance

Yara pens ammonia supply deal with Indian energy firm

Yara Clean Ammonia, a subsidiary of Yara International, and Greenko ZeroC, AM Green’s company, have signed a term sheet for the supply of renewable ammonia from AM Green’s ammonia production facility in Kakinada, India.

about 2 years ago
Pertamina boosts fleet with new eco-friendly VLGC pair
Vessels

Pertamina boosts fleet with new eco-friendly VLGC pair

Indonesia’s Pertamina International Shipping (PIS) has welcomed into the fleet two new very large gas carriers (VLGCs), Pertamina Gas Caspia and Pertamina Gas Dahlia.

about 2 years ago
Illustration; Source: Black & Veatch
Business Developments & Projects

Colombia’s LNG project reaches new stage as Black & Veatch concludes feasibility study

Black & Veatch has completed a feasibility study for Colombia’s planned LNG regasification terminal and power plant.

about 2 years ago
Yara
Business Developments & Projects

Yara International, Kongsberg Digital join forces on digital twin technology

Norwegian industrial software provider Kongsberg Digital and compatriot fertilizer company and ammonia player Yara International have entered into a two-year agreement under which Kongsberg Digital will develop digital twin technology for Yara’s factories in Herøya in Norway and Sluiskil in the Neth

about 2 years ago
FILE PHOTO: A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021.
Business & Finance

Larsen & Toubro to establish two floating solar plants in India

The Power Transmission & Distribution (PT&D) business of Larsen & Toubro (L&T) has secured orders to establish two floating solar plants in India.

about 2 years ago
Subsea7 and OneSubsea get more work for 'one of Türkiye's largest energy projects'
Business & Finance

Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’

Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium

about 2 years ago
Illustration; Source: The North Sea Transition Authority (NSTA)
Authorities & Government

North Sea oil & gas operators raise the decarbonization bar with potential investments of nearly $3.8 billion

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Authorities & Government

Rig termination and payment issues set arbitration and court processes underway

Dolphin Drilling is engaged in arbitration and court proceedings with Lagos-based General Hydrocarbons Limited (GHL) in Nigeria.

about 2 years ago
Noble Resolve jack-up rig; Source: Noble
Business & Finance

First foray into Spanish waters takes Noble rig on multi-well P&A gig

Noble Corporation has secured a new deal for one of its jack-up rigs off the coast of Spain, where the rig will carry out plug and abandonment (P&A) activities.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Business & Finance

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

about 2 years ago
Rovco and Vaarst plan to bring on board over 150 subsea roles by end of 2025
Business & Finance

Rovco and Vaarst to bring on board over 150 subsea roles by end of 2025

UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup

about 2 years ago
Illustration; Source: Shell
Business & Finance

Shell places multi-million wager on hydrogen’s ability to decarbonize drillship and tanker ops

Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.

about 2 years ago
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