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Business & Finance

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'Significant progress' on converter station sites for first France-Ireland interconnector
Business & Finance

‘Significant progress’ on converter station sites for first France-Ireland interconnector

The construction works for Celtic Interconnector, the first interconnector between Ireland and France, are well underway, with converter station sites on both sides of the project achieving “significant progress”, Irish transmission system operator (TSO) EirGrid reported. On the Irish side in Ballya

about 2 years ago
Illustration; Source: Enauta
Business & Finance

Brazilian players eye merger closing date in two weeks

Brazil’s Enauta and 3R Petroleum Óleo e Gás have shared the indicative timeframe for making their proposed merger official.

about 2 years ago
Nigeria LNG
Business & Finance

With Shell shedding Nigerian onshore business, TotalEnergies follows suit to pursue LNG and offshore oil & gas opportunities

TotalEnergies has made its move to divest interests in the SPDC joint venture (JV) seven months after Shell did the same. However, the French player will retain its stake in gas supply to Nigeria LNG (NLNG), as liquefied natural gas (LNG), alongside offshore oil and gas assets, are part of the firm’

about 2 years ago
Illustration; Source: LLOG
Business & Finance

US oil & gas player bags 41 new Gulf of Mexico blocks close to existing deepwater discoveries as it gears up for appraisal ops

LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico, where it plans to spud an appraisal well this quarter.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Business & Finance

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Business & Finance

US LNG project coming back online following hurricane-induced damage and outage

With the initial repairs nearing the end, an LNG export project in Texas is anticipated to return to partial production during the week.

about 2 years ago
Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business
Business & Finance

Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business

Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Business & Finance

Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

about 2 years ago
MPA Singapore
Business & Finance

Australia and Singapore working on low-emission technology projects

Australia’s national science agency CSIRO and the Maritime and Port Authority of Singapore (MPA) have issued a grant call for proposals for the Australia-Singapore Low-Emissions Technologies (ASLET) initiative.

about 2 years ago
Miami LNG; Source: New Fortress Energy
Business & Finance

Texas-based firm to become new owner of LNG export facility in Florida

Pennybacker has been revealed as the firm that made arrangements to acquire a liquefaction and storage facility in Miami from New Fortress Energy (NFE).

about 2 years ago
Norwegian seismic company TGS has signed a memorandum of understanding (MoU) with Brazilian state-owned energy giant Petrobras to collaborate on scientific research and technological development activ
Business & Finance

Busy period for TGS as it inks software license deal with Shell and two new contracts

Following the merger with compatriot PGS, Norwegian seismic company TGS is looking at a busy period ahead with two new contracts, one in Europe and one in North America, for offshore data acquisition. TGS secured a 45-day ultra-high resolution 3D (UHR3D) acquisition contract in Europe for an offshor

about 2 years ago
Akçakoca platform; Source: Trillion Energy
Business & Finance

Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

about 2 years ago
FPSO Liza Destiny; Credit: SBM Offshore
Business & Finance

Guyana seeks intel on environmental impacts of ExxonMobil’s seventh oil project

Guyana’s Environmental Protection Agency needs further insights into the potential environmental impacts of ExxonMobil’s seventh oil project.

about 2 years ago
Germany grants €4.6 billion to 23 IPCEI hydrogen projects
Business & Finance

Germany grants €4.6 billion to 23 IPCEI hydrogen projects

German federal and state governments have granted €4.6 billion in funding to 23 hydrogen projects that are a part of the “infrastructure wave,” Hy2Infra, of the Important Projects of Common European Interest (IPCEI) Hydrogen program.

about 2 years ago
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