The Japan Hydrogen Fund — the first Japanese fund dedicated to the development of low-carbon hydrogen — has been officially launched, with more than $400 million raised from multiple investors.
Saipem has won a multibillion-dollar deal for an offshore project designed to help maintain natural gas production from the biggest field off the northern coast of Qatar.
Saipem has secured more work with Aker BP, a Norwegian oil and gas player, for a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).
Nexans and Ulstein have held the grand block ceremony for the new cable-laying vessel (CLV) Nexans Electra, bringing the vessel closer to realization. The ceremony was celebrated on September 10 at CRIST, Poland, with the remaining processes such as engineering, outfitting, system integration, equip
SLB has inked a memorandum of understanding (MoU) with C-Power through its OneSubsea joint venture (JV) to, together with Subsea7, explore using ocean energy as a lower-cost, lower-carbon power source for subsea applications. SLB OneSubsea, the JV backed by SLB, Aker Solutions, and Subsea7, will pro
Following the capacity reservation agreement signed in November 2023, French subsea power cables manufacturer Nexans has officially been awarded a contract by SSEN Transmission to connect the Orkney Islands and the UK mainland. The Orkney Transmission Link will exchange up to 220 MW of renewable ene
Shelf Drilling (SHLF) has made a consolidation move, which is structured as a proposed triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS) as the surviving entity in the proposed merger, and SHLF as the issuer of the merger consideration shares.
Energean has finished drilling activities without reaching its exploration targets at an appraisal well on its gas field in the Lixus license located 40 km off the coast of Morocco in the Atlantic Ocean.
Will a dusky sea snake, which has been put on the endangered list by the Australian federal government, jeopardize a project, led by Australia’s energy giant Woodside and valued at over $30 billion, to develop what is said to be the country’s largest untapped conventional gas resource?
McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies.
Mexico’s energy officials have offered a glimpse into the prospects for the exploration and extraction of hydrocarbons not only in the domestic playground but also the international one, under the backdrop of economic, geopolitical, and energy transition woes and opportunities.
Woodside has handed out an environment plan (EP) to the country’s offshore regulator for a floating production unit (FPU) work associated with subsea infrastructure activities, including the Commonwealth waters portion of an export trunkline at a natural gas project off the coast of Australia.
Brava Energia has obtained the required approval to deploy a floating production, storage, and offloading (FPSO) vessel for operations off the coast of Brazil and is now waiting to get a green light to start production at an oil field in the Santos Basin, where this FPSO will be in operation.
BP has tapped the American Bureau of Shipping (ABS) for a batch of services related to its floating production unit (FPU), which is destined to work at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.
