Soiltech has won two contracts for the treatment of contaminated water, one with Equinor, and the other with Petrogas E&P Netherlands.
Aether Fuels has secured $34 million in Series A financing from a syndicate of global investors, with the aim to, among other things, accelerate the scale-up of Aether Aurora, the company’s proprietary technology to create sustainable fuels for the aviation and ocean shipping industries.
Aker BP and Equinor have completed drilling operations in the Barents Sea, which was recently expanded with new acreage in APA 2024.
Scottish tidal energy developer Nova Innovation and RSK have launched AuqaGen365, a joint venture (JV) set to design, build, and install floating solar power stations across the globe.
Valeura has suspended production at its oil field offshore Thailand out of precaution following an anomaly detected on the field’s MOPU.
Surveying and mapping services provider Darkocean has added a multi-role workboat/survey catamaran to its fleet which will be used for offshore wind projects across the UK and Northern Europe. Darkocean has taken delivery of the 10-meter-long Coastal Observer from Purus, formerly known as HST Workbo
MODEC and Terra Drone Corporation have sealed a deal to enhance inspection drones for FPSOs to enable unmanned inspection.
The Egyptian government and the EU are advancing green hydrogen and green ammonia incentives through new private investment agreements.
TotalEnergies is pondering the options at its disposal regarding its stake in a block off the coast of South Africa, following the withdrawal announcement from one of the joint venture (JV) partners.
Plug Power, which began commercial operation of its electrolytic hydrogen facility in Georgia earlier in 2024, intends to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) in its forthcoming quarterly financial reports.
India’s government-owned energy company Oil & Natural Gas Corporation (ONGC) has placed two orders deemed “large” with compatriot company Larsen & Toubro related to subsea work. Larsen & Toubro’s Hydrocarbon vertical (L&T Energy) will perform engineering, procurement, construction, installation, and
Vår Energi has secured a contract extension with Eni, enabling it to provide the oil major with natural gas for an additional 12 years.
CNOOC has boosted its low-carbon efforts by bringing online the first oilfield in the South China Sea, which is receiving power from shore.
Dutch commercial bank NIBC has reached an agreement to sell its shipping portfolio of senior secured loans of $992 million to Germany’s Hamburg Commercial Bank (HCOB).
