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Tenaris
Business & Finance

Tenaris to provide line pipe for Northern Lights CCS project

Norwegian energy major Equinor has awarded Tenaris a deal for the supply of tubulars for the Northern Lights carbon capture and storage facilities off Norway.

about 5 years ago
Wenlock platform - Alpha Petroleum
Business & Finance

Alpha Petroleum files Wenlock decommissioning plans

Alpha Petroleum has filed its draft decommissioning programme for the Wenlock field platform located off the UK to the country’s authorities.

about 5 years ago
Illustration/CETO 6 (Courtesy of Carnegie Clean Energy)
Business & Finance

Carnegie reaches debt-free status

Renewable energy company Carnegie Clean Energy has become debt-free following the conversion of the remaining convertible notes.

about 5 years ago
Corvus Energy puts forward leasing for energy storage systems
Business & Finance

Corvus puts forward leasing for energy storage systems

Norway-based energy storage company Corvus Energy is now offering a global lease financing product in cooperation with Viridis Kapital to accelerate shipping’s green transition.

about 5 years ago
Equinor's Hywind Scotland floating wind farm
Business & Finance

ScotWind offshore wind leasing back on track

Crown Estate Scotland has completed the review of the option structure for the ScotWind offshore wind leasing round, raising the maximum fee that might be paid per square kilometre of seabed from the previous GBP 10,000 (around € 12,000) to GBP 100,000 (around € 116,000). The Scottish seabed manager

about 5 years ago
A Shelf Drilling rig
Business & Finance

Shelf Drilling clinches two-year extension in Egypt

Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up drilling rigs for operations in Egypt.

about 5 years ago
ports
Business & Finance

Fincantieri teams up with Enel X to decarbonize ports

Italian shipbuilder Fincantieri and Enel X have signed a letter of intent to work together on building and running next-generation port infrastructure with a low environmental impact and developing electricity-powered solutions for ground logistics services. Enel X is the global business line of the

about 5 years ago
Floatel International
Business & Finance

Floatel completes restructuring, cuts debt by $610 million

Offshore accommodation services provider Floatel International has completed its comprehensive balance sheet restructuring.

about 5 years ago
RWE greenlights £ 3 billion Sofia offshore wind farm
Business & Finance

RWE greenlights £ 3 billion Sofia offshore wind farm

RWE has taken the financial investment decision on the 1.4 GW Sofia offshore wind farm project in the UK. The 100 per cent RWE-owned project represents a total investment of approximately £ 3 billion (€ 3.48 billion). The company is now poised to forge ahead with the construction of Sofia, with onsh

about 5 years ago
ICE launches two Spark Commodities' based LNG freight futures contracts
Business & Finance

ICE launches two Spark Commodities’ based LNG freight futures contracts

Intercontinental Exchange said that the LNG freight futures contracts based on Spark Commodities’ price assessments which launched on March 22, traded on the first day.

about 5 years ago
Floatel Superior will be used as a mobile quarters facility for the Balder
Business & Finance

Vår Energi to use Floatel Superior on Balder field

Norway’s Petroleum Safety Authority has given Vår Energi consent to use the Floatel Superior as a mobile quarters facility on the Balder field off Norway.

about 5 years ago
Damen-and-MO4-Pair-Up-for-Offshore-Wind-Vessel-Digitizalization
Business & Finance

Damen and MO4 pair up for offshore wind vessel digitalization

Damen Shipyards Group has partnered with MO4 to pair its Triton monitoring platform with MO4 motion forecasting service for the offshore wind sector. This strategic alliance aims to offer data analytics-based services, expected to make vessel operations more effective and safety levels to increase.

about 5 years ago
Alvheim - Aker BP
Business & Finance

Aker BP, Eni to explore Alvheim area resource potential

Aker BP UK, a subsidiary of Aker BP, has entered into an agreement with Eni to take over a 50% interest in a licence located in the greater Alvheim area.

about 5 years ago
Survivex training - 3t Energy
Business & Finance

3t Energy to manage training of Chrysaor’s entire UK workforce

3t Energy Group has secured a contract with Chrysaor to manage the training of its entire UK workforce using the latest digital learning technologies.

about 5 years ago
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