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FPF-1 unit - Ithaca Energy
Business & Finance

Ithaca restarts North Sea unit after Covid-19 shutdown

Ithaca Energy has restarted production at its FPF-1 unit located off the UK following a recent shutdown due to an outbreak of Covid-19 on the unit.

about 5 years ago
Arne Gürtner - Equinor
Business & Finance

Equinor man joins Oil & Gas UK board as co-chair

Oil & Gas UK has announced the appointment of a new co-chair to its board, as the sector focuses on the industry’s recovery whilst meeting net-zero targets.

about 5 years ago
Creditors green light Pacific International Lines’ restructuring
Business & Finance

Creditors green light Pacific International Lines’ restructuring

Pacific International Lines has filed an application to the Singapore High Court to seek approval for the company’s proposed restructuring plan. Under the plan, Singapore’s container shipping major is vying for fresh financing from Heliconia Capital Management Pte, an investment firm owned by Temase

about 5 years ago
West Vencedor rig - Seadrill
Business & Finance

Energy Drilling to manage three tender rigs for Seadrill

Energy Drilling Management has entered into a management agreement with Seadrill Partners to maintain, market and operate three of its tender rigs.

about 5 years ago
Nganhurra FPSO - Woodside
Business & Finance

Regulator takes action against Woodside over riser turret mooring decommissioning

Australian offshore petroleum regulator NOPSEMA has taken action against Woodside related to decommissioning of the Enfield field and Nganhurra FPSO.

about 5 years ago
Iberdrola adds three Irish projects as its offshore wind pipeline tops 30 GW
Business & Finance

Iberdrola adds three Irish projects as its offshore wind pipeline tops 30 GW

Iberdrola has agreed to take a majority stake in DP Energy’s 3 GW offshore wind pipeline in Ireland, marking the Spanish energy company’s entry into the Irish offshore wind market. The projects are located in three clusters on the east, west, and south coasts of Ireland, of which some will be eligib

about 5 years ago
An offshore wind farm
Business & Finance

Northland Power could invest € 13 billion in offshore wind in next five years

Over the next five years, Northland Power could invest between at least CAD 15 billion and CAD 20 billion (between EUR 9.8 billion and EUR 13 billion) in new offshore wind projects in which it holds ownership shares, with offshore wind being an anchor for its next phase of growth in the renewable en

about 5 years ago
shipping
Business & Finance

Sumitomo Mitsui Banking Corporation joins the Poseidon Principles

Japanese banking and financial institution Sumitomo Mitsui Banking Corporation has become a signatory of the Poseidon Principles, a regulatory framework for responsible financing of the shipping industry. The general idea behind the framework is for the signatory banks, as capital providers, to supp

about 5 years ago
The wells were drilled by the West Hercules drilling rig
Business & Finance

Equinor strikes oil and gas near Troll field

Equinor and partners have struck gas and oil in production licence 923, the first discovery this year made near the Troll field in the North Sea.

about 5 years ago
Maersk Integrator rig
Business & Finance

Aker BP adds two new wells to Maersk rig backlog

Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP in Norway.

about 5 years ago
Fieldwood Energy - Danos
Business & Finance

Fieldwood taps Danos for production operations job in Gulf of Mexico

Danos has been awarded a multi-year contract for production operations with Fieldwood Energy, a major oil and gas producer in the Gulf of Mexico.

about 5 years ago
TechnipFMC Logo
Business & Finance

TechnipFMC separation to take place this month

TechnipFMC said on Thursday it plans to wrap up its separation into two independent, publicly traded companies later this month. Namely, the last day of trading of TechnipFMC shares that include the right to receive Technip Energies shares on the New York Stock Exchange and Euronext Paris stock exch

about 5 years ago
Aker BP
Business & Finance

Aker BP boasts record-high output and pledges to stay ‘pure-play oil and gas company’

Aker BP has pledged to remain a pure-play oil and gas company and contribute to the energy transition through minimizing emissions and by sharing data.

about 5 years ago
Vestas-Commissions-Its-First-Ever-Intertidal-Wind-Turbine
Business & Finance

Vestas commissions its first-ever intertidal wind turbine

Vestas has commissioned its first-ever intertidal wind turbine at Bac Phuong JSC’s wind farm in Vietnam. Last year, Vestas won a contract to supply 13 V150-4.2 MW turbines for the second phase of Bac Phuong JSC’s Dong Hai 1 intertidal wind project. The order follows the company’s first contract with

about 5 years ago
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