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Public feedback sought for planned interconnector between Ireland and Wales
Business & Finance

Public feedback sought for planned interconnector between Ireland and Wales

A series of public consultation events is being held this month to discuss the proposed MaresConnect electricity interconnector between Ireland and Wales. MaresConnect will comprise a cable route of approximately 245 kilometers under the sea and underground between Dublin in Ireland and Bodelwyddan,

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Authorities & Government

Equinor getting ready to embark on North Sea drilling ops with Odfjell rig

Equinor has received consent from the country’s offshore safety regulator to use one of the semi-submersible rigs owned by Odfjell Drilling.

about 2 years ago
Eneos to use Honeywell technology for liquid organic hydrogen carrier project
Business Developments & Projects

Eneos to use Honeywell technology for liquid organic hydrogen carrier project

Japan’s energy company Eneos will develop its commercial-scale liquid organic hydrogen carrier (LOHC) project using technology provided by U.S. company Honeywell. According to Honeywell, its LOHC solution enables the long-distance transportation of clean hydrogen and can help meet the growing requir

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

Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

about 2 years ago
With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project
Authorities & Government

With environmental decision in place, GAZ-SYSTEM set to proceed with Gdańsk FSRU project

Poland’s natural gas transmission system operator GAZ-SYSTEM has received a decision on the environmental conditions from the Regional Director for Environmental Protection in Gdańsk for the implementation of the FSRU terminal with a subsea gas pipeline at the Port of Gdańsk. According to GAZ-SYSTEM

about 2 years ago
'Substantial' iEPCI win for TechnipFMC with Shell
Business & Finance

‘Substantial’ iEPCI win for TechnipFMC with Shell

TechnipFMC has secured a contract with Shell for what is said to be the first integrated engineering, procurement, construction, and installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi (20K). Under the contract deemed as “substantial”, TechnipFMC will m

about 2 years ago
Valaris DS-17 drillship; Source: Equinor
Business & Finance

Valaris rigs collect $1.2 billion for drilling jobs spanning geographies

Valaris has landed a batch of new contracts and extensions across multiple geographies for three floaters and six jack-ups in its rig fleet.

about 2 years ago
UK oil & gas engineering services firm gets more North Sea work
Business & Finance

Multiple P&A activities on the list for UK firm under £1 million contract

UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact

about 2 years ago
Fugro settles in South Korea
Business & Finance

Fugro settles in South Korea

Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy

about 2 years ago
Illustration; Source: Australian Energy Producers
Authorities & Government

Australia reinforcing safety legislation for offshore oil & gas workers

A new legislation has been introduced to the Australian parliament to bolster safety for the offshore oil and gas workforce in Commonwealth waters

about 2 years ago
Port of Rotterdam
Business Developments & Projects

Port of Rotterdam renews clean fuels deal with VARO Energy

The Port of Rotterdam has entered into a new agreement with oil refiner and supplier VARO Energy Group to optimize fuel and energy practices. VARO has emerged as the winner of the port’s tender process for the cleanest usable energy carrier. The port has been using VARO’s HVO100 (100% Hydrotreated V

about 2 years ago
HMM Nuri
Authorities & Government

Liner majors rally behind WSC’s GHG pricing mechanism

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in

about 2 years ago
Wavepiston opens capital raise to back wave energy system
Business & Finance

Wavepiston opens capital raise to back wave energy system

Denmark’s Wavepiston has opened its next capital raise with the aim of supporting the critical objectives of operating its full-scale wave energy system, among other things. Wavepiston reported that it had on February 8 installed its first full-scale energy collector on the Wavepiston string at the

about 2 years ago
NOV receives order for 'industry’s first electric subsea crane'
Business & Finance

NOV receives order for ‘industry’s first electric subsea crane’

U.S.-based NOV has received an order for what is said to be the industry’s first electric subsea crane. NOV reported that its Lifting & Handling group had sold the first electric subsea crane to a company in Europe at the end of 2023. “We are excited about the market’s response to our electric subse

about 2 years ago
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