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Business & Finance

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Yinson Green Technologies
Business & Finance

Nereida Energy Holding completes management buyout of Norwegian Yinson Green Technologies

Nereida Energy Holding has completed the management buyout of Singapore-based green technologies solution provider Yinson Green Technologies from the Yinson Group.

about 1 year ago
Blocks offshore Uruguay; Source: Challenger Energy
Business & Finance

Isle of Man-based firm on the lookout for partner to join Uruguay’s oil & gas exploration block

Following the handover of the operator role for one block, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has embarked on a search for a partner at another block off the coast of Uruguay to share costs ahead of the anticipated drill or drop decision.

about 1 year ago
Thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems
Business & Finance

Thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems

Thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, has completed the acquisition of key technology assets from Danish company Green Hydrogen Systems (GHS).

about 1 year ago
UK-Dutch interconnector in limbo after developer requests and gets license revocation
Business & Finance

UK-Dutch interconnector in limbo after developer requests and gets license revocation

UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a

about 1 year ago
COSL Innovator; Source: Serica Energy via LinkedIn
Business & Finance

Green light for Equinor’s North Sea drilling gig with COSL rig

Norway’s state-owned energy giant Equinor has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 1 year ago
Liquefaction facility in Miami; Source: Sawgrass LNG & Power
Business & Finance

LNG deal with Florida-based firm fortifies Barbados’ energy security

Florida-headquartered Sawgrass LNG & Power, a provider of liquefied natural gas (LNG) and turnkey gas-to-power solutions across the Southeastern United States and Caribbean, has strengthened its years-long ties with Barbados National Energy Company Limited (BNECL) through a new LNG supply contract.

about 1 year ago
Advent advances EU-funded renewable hydrogen technologies project
Business & Finance

Advent advances EU-funded renewable hydrogen technologies project

U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary, Advanced Energy Technologies, has submitted five required deliverables to the European Climate, Infrastructure, and Environment Executive Agency (CINEA) and is preparing to submit the first progress report in September, covering the i

about 1 year ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Business & Finance

Honeywell’s LNG tech to optimize Mexican export terminal’s production

Amigo LNG, a Mexican joint venture between Texas-based Epcilon LNG and Singapore’s LNG Alliance, has turned to Honeywell, a U.S.-based technology firm, to enhance production at its liquefied natural gas (LNG) export terminal, which is currently under development in Guaymas, Sonora, on Mexico’s West

about 1 year ago
Prysmian and Hitachi Energy given notices to proceed for Australian interconnector
Business & Finance

Prysmian and Hitachi Energy given notices to proceed for Australian interconnector

Around one month after reaching financial close, the developer of the 1.5 GW Marinus Link power interconnector project in Australia has issued notices to proceed to contractors for cable and converters. The 345-kilometer project, to be built in two 750 MW stages, will link North West Tasmania and th

about 1 year ago
Sembcorp Solar Singapore has won a tender to develop an 86 MWp floating solar photovoltaic (PV) system on Pandan Reservoir.
Business & Finance

Singapore awards 86 MWp floating solar project to Sembcorp

Singapore’s Sembcorp Industries, through its subsidiary Sembcorp Solar Singapore, has won a tender from PUB, Singapore’s National Water Agency, to develop an 86 MWp floating solar photovoltaic (PV) system on Pandan Reservoir. The scheme is said to represent Sembcorp’s third floating solar project in

about 1 year ago
Borgland Dolphin rig; Source: Dolphin Drilling
Business & Finance

Fresh potential rig assignment coming up on Dolphin Drilling’s horizon

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has secured a letter of intent (LoA) with an undisclosed company for one of its rigs.

about 1 year ago
COSL Prospector rig; Credit: COSL Drilling Europe
Business & Finance

Go-ahead for Vår Energi’s drilling ops in Barents Sea

Vår Energi, Norway’s oil and gas player, has obtained the green light for drilling activities in the Barents Sea, which will be carried out with COSL Drilling Europe’s semi-submersible rig.

about 1 year ago
Fugro tasked with helping safeguard Brazil's deepwater exploration activities
Business & Finance

Fugro tasked with helping safeguard Brazil’s deepwater exploration activities

The Netherlands-headquartered Fugro has won two contracts with Brazil’s offshore energy services company Constellation to support responsible deepwater exploration activities in two regions in Brazil. Under the two three-year contracts, Fugro’s scope includes deploying advanced remotely operated veh

about 1 year ago
TechnipFMC illustration
Business & Finance

Double win: TechnipFMC secures two flexible pipe contracts with Petrobras

UK-headquartered energy technology provider TechnipFMC has secured two subsea contracts with Brazilian oil & gas giant Petrobras for the delivery of flexible pipe to be deployed in multiple basins. Defined as a substantial contract, meaning it is worth between $250 million and $500 million, the firs

about 1 year ago
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