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Shell
Business & Finance

Shell to bid for two offshore wind areas in Norway

Dutch oil major Shell has partnered with Norwegian hydropower producers BKK and Lyse to apply for licenses in two areas currently offered by Norwegian government for offshore wind development. The consortium is now working to prepare applications for projects in the Utsira Nord area, deemed better s

about 5 years ago
Esvagt
Business & Finance

Esvagt rakes in vessel deals as market activity increases

Danish offshore vessel provider Esvagt has recently won several new deals for its vessels as activity in the oil and gas market increases.

about 5 years ago
Brage platform
Business & Finance

Norwegian exploration player turning into full-cycle E&P as Repsol exits Brage

Lime Petroleum, a subsidiary of Singapore’s Rex International, is buying Repsol’s interest in the Brage field located offshore Norway.

about 5 years ago
Containership
Business & Finance

Global Ship Lease buys boxship quartet for $148 million

London-based containership owner Global Ship Lease (GSL) has agreed to purchase four Panamax containerships on multi-year charters.

about 5 years ago
Axxis Geo Solutions sells 65-meter seismic survey vessel
Business & Finance

Axxis Geo Solutions sells 65-meter seismic survey vessel

Financially troubled ocean bottom node seismic player Axxis Geo Solutions has completed the sale of its seismic survey vessel Neptune Naiad. Axxis Geo Solutions entered into a Memorandum of Agreement (MoA) with Sanco Holding in May for the sale of the 65-meter long vessel and certain equipment. The

about 5 years ago
The Snorre A platform in the North Sea - Equinor
Business & Finance

Wood secures extension with Equinor in Norway

Wood has been awarded an extension to its existing framework agreement with Equinor to support its offshore assets offshore Norway.

about 5 years ago
Vaalco
Business & Finance

Vaalco takes Borr rig for Etame drilling campaign

Houston-based oil and gas company Vaalco Energy has hired one of Borr Drilling’s jack-up rigs for its 2021/2022 drilling program on the Etame field off Gabon.

about 5 years ago
The Heimdal field in the North Sea - Equinor
Business & Finance

Equinor extends the life of Heimdal gas hub

Norwegian oil and gas giant Equinor is extending the life of the Heimdal gas centre, located in the North Sea, to 2023. New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon. The field partners have now decided to extend operations at Heimdal to 2023

about 5 years ago
Transocean Barents rig will drill the North Sea well for MOL
Business & Finance

MOL gearing up for North Sea appraisal well

The Norwegian Petroleum Directorate has granted MOL Norge a drilling permit for an appraisal well in the North Sea off Norway.

about 5 years ago
Hydrogen – the coolest thing you can put on a ship
Business & Finance

Hydrogen – the coolest thing you can put on a ship

Hydrogen (LH2), be it blue, or green, is at the heart of the energy transition talks taking place around the globe, especially as major economies of the world pledge to become net-zero nations. Building up the hydrogen society has been a hot potato for decades and the switch from coal, fossil fuels,

about 5 years ago
Transocean Norge rig
Business & Finance

Transocean adds $116 million to backlog with fresh deals in Norway

Offshore drilling contractor Transocean has been awarded two contracts for its rigs for operations in waters offshore Norway.

about 5 years ago
OEEC
Business & Finance

Registration open for Offshore Energy 2021

The registration for Offshore Energy Exhibition & Conference 2021 is now live! The event, to be held on 26 & 27 October in Amsterdam RAI, the Netherlands, will attract thousands of offshore professionals and hundreds of exhibiting companies. Go to registration.offshore-energy.biz to register.

about 5 years ago
Ammonia-ready LNG bunkering vessel
Business & Finance

Oceania, Kanfer to build ammonia-ready LNG bunkering vessel

Kanfer Shipping AS, a Norway-based shipping company focusing on small-scale LNG and LNG bunkering, and Australia’s Oceania Marine Energy have signed a Letter of Intent (LOI) to build an ammonia-ready LNG bunkering vessel. The two companies said the vessel was part of their strategy to develop a long

about 5 years ago
Shore power connection
Business & Finance

European Council OKs extension of Danish tax cut for shore power

The European Council has approved an extension of the Danish scheme for reduced tax charges for shore power for ships until June 2027. The scheme, which was due to expire in June this year, is being extended amid considerable backing from Danish shipping companies. The extension of the scheme for on

about 5 years ago
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