A new consortium of international companies has been established under the name of Climate Power Plant Zeeland with the aim of building and operating a tidal power plant in the Dutch province of Zeeland.
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.
Irish TSO EirGrid has selected a site at Ballyadam near Carrigtwohill in East Cork on which to build a converter station for the Celtic Interconnector. The converter station is one of the key components in the €1-billion electricity project. EirGrid picked the site from a shortlist of three followin
Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.
Ocean Power Technologies (OPT) has expanded its commercial team with the appointment of Jorge Franco as regional sales representative based in Spain.
Norwegian LNG transportation provider Awilco LNG has agreed to an amendment to the financial covenants in the sale/leaseback facilities for the WilForce and the WilPride.
Turkey is extending its seismic survey operations in the disputed area of the eastern Mediterranean by nearly a week, which could spark further tension.
Chemical services company AquaChemie Middle East, part of the UAE-based AquaChemie Group, today broke ground on its petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The specialized bulk storage terminal will have a total envisaged capacity of around 40,000 CBM, out of which 35,0
Norwegian oil production in October 2020 was below forecast by the NPD due to effects of strike action as well as maintenance operations on some fields.
Swedish developer Novige has secured funding from Sweden’s innovation agency Vinnova for the development of its NoviOcean wave energy prototype.
Following reports that BP is preparing to sell its London HQ, the oil major has now entered into an agreement for the sale of the HQ for £250.1 million.
TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.
The construction of the first Dutch bio-LNG installation kicked off in Amsterdam Westpoort.
Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.
