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Petrobras
Business & Finance

Petrobras hits hydrocarbons in Campos Basin well

Petrobras has identified the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin.

about 6 years ago
Interventek scoops up Baker Hughes contract
Business & Finance

Interventek scoops up Baker Hughes contract

Subsea systems technology specialist Interventek has secured an initial eight-figure contract from Baker Hughes. Specifically, the deal will see Interventek supply multiple API-17G qualified 7.375” 10,000psi in-riser landing strings. The landing strings will incorporate within Baker Hughes’ subsea s

about 6 years ago
Shell CEO Ben van Beurden
Business & Finance

Shell teams up with Microsoft in push to lower carbon emissions

Oil major Shell and tech giant Microsoft are embarking on a new strategic alliance to support progress towards a world with net-zero emissions.

about 6 years ago
TechnipFMC Apache II pipelay vessel. Source: Neptune Energy
Business & Finance

Neptune makes first step in offshore execution of North Sea project

Neptune Energy and its joint venture partners BP and JAPEX have started the subsea construction phase of the Seagull tie-back project, which is located in the North Sea.

about 6 years ago
Emerald Driller jack-up rig
Business & Finance

Vantage Drilling secures more jack-up rig work

Offshore drilling contractor Vantage Drilling has secured more work for two of its rigs operating in Indonesia and Qatar.

about 6 years ago
Japan's Hokkaido Electric receives first US LNG shipment
Business & Finance

Japan’s Hokkaido Electric gets first US LNG shipment

Japan’s Hokkaido Electric Power said it has received its first US LNG cargo at the Ishikari regasification terminal, widening fuel sources for the adjacent power plant. The 177,000-cbm Shinshu Maru, owned by a venture of Jera and NYK, delivered the cargo from the Freeport terminal in the US on Septe

about 6 years ago
Digital twin BP
Business & Finance

BP rides the wave of digitalization with reduction in operating costs and revenue boost on the horizon

BP has been doing its part to unlock the value of technology and tap into its benefits. This has become especially noticeable during 2020 with plans to become a net-zero company by 2050.

about 6 years ago
Energi-Coast-Sets-Up-Offshore-Wind-Innovation-Group
Business & Finance

Energi Coast sets up offshore wind innovation group

North East England’s offshore wind cluster Energi Coast is launching a new Innovation Group which aims to develop long-term solutions to meet the requirements for new technology in offshore wind. The purpose of the group is to progress major innovation opportunities for the region’s offshore wind in

about 6 years ago
Stena IceMax drillship
Business & Finance

Stena Drilling lands drillship deal with Repsol in Mexico

Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.

about 6 years ago
Malin Sentinel vessel
Business & Finance

Sentinel Marine: Last of nine newbuild vessels arrives in Aberdeen

The Malin Sentinel, the final newbuild vessel of nine in a £150m investment programme by Sentinel Marine, has arrived in Aberdeen.

about 6 years ago
INEOS buys Norther offshore wind power
Business & Finance

INEOS buys Norther offshore wind power

INEOS has signed an agreement with Engie to buy 84 MW of energy produced by the Norther offshore wind farm in Belgium. The 84 MW will initially be used by existing INEOS production sites and later by Project ONE, the company’s investment in two chemical plants for the production of ethylene and prop

about 6 years ago
Vietnam primed for 10 GW by 2030 offshore wind push
Business & Finance

Vietnam primed for 10 GW by 2030 offshore wind push

The Danish Energy Agency and the World Bank Group have prepared a roadmap for the development of offshore wind in Vietnam, which recommends that 10 GW of offshore wind power could be operational in the country by 2030. The Input to Roadmap for Offshore Wind Power Development in Vietnam report also r

about 6 years ago
Deepsea Stavanger rig
Business & Finance

Aker BP taps Odfjell Drilling for more rig work

Aker BP has awarded further work to the Odfjell Drilling-owned Deepsea Stavanger rig, scheduled to be done upon the rig’s return from a gig in South Africa with Total.

about 6 years ago
Swancor-Renewable-Energy-Developing-4.4-GW-Formosa-Sequel
Business & Finance

Swancor Renewable Energy developing 4.4 GW Formosa offshore wind sequel

Swancor Renewable Energy has revealed plans to develop the 4.4 GW Formosa 4 offshore wind project off the Miaoli County in Taiwan. The portfolio would consist of three sites, including Formosa 4-1, Formosa 4-2 and Formosa 4-3, which would cover a large maritime area located 18 to 20km offshore. Swan

about 6 years ago
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