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Noble Stanley Lafosse drillship; Source: Noble
Business & Finance

Noble drillship booked for more wells by Gulf of Mexico oil & gas operator

Murphy Oil has widened the drilling scope of work Noble Corporation is in charge of carrying out in the U.S. Gulf of Mexico.

about 2 years ago
Illustration; Glenfarne Group
Business & Finance

Tax reduction brings funding leeway for Texas LNG project

Glenfarne Energy has received a county tax abatement for the upcoming construction of the natural gas export facility in Texas.

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

Nexans’ subsea cable plant expansion spurs headcount and capacity boost amid rising demand in energy transition arena

Nexans has opened the doors of a newly expanded section of its high voltage subsea cable plant in Norway for business to address the growing demand in the offshore wind and electrification segments of the global energy transition tale.

about 2 years ago
Conference attendees; Source: National Petroleum, Gas and Biofuels Agency (ANPG)
Business & Finance

Angola in the running to potentially benefit from Italy’s global $5.5 billion energy transition spend

Angola’s ANPG has organized a conference with Italian partners to address energy transition and talk funding opportunities.

about 2 years ago
Illustration; Source: Ocean Installer
Business & Finance

Norwegian firm branches out into subsea engineering and construction sphere with acquisition of Ocean Installer

Moreld has sealed a deal with HitecVision to bring Ocean Installer into its fold to establish a diverse offshore engineering and project execution powerhouse.

about 2 years ago
Axial Skelter made by Spiralis Energy, a tidal energy generator
Business & Finance

UK start-up seeks permits for tidal generator trial in Alderney waters (Video)

London-based start-up tidal energy developer Spiralis Energy has applied for permits to test a surface tidal energy generator in the waters of Alderney, which is a part of Bailiwick of Guernsey.

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

ASEAN countries can knock off $800 billion from decarbonization bill with cross-border energy networks, DNV finds

ASEAN countries have the opportunity to cut their decarbonization costs by $800 billion by pursuing regional collaboration for projects entailing power interconnectors, hydrogen networks, and energy storage infrastructure.

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

New assignment expands French firm’s sphere of activity with Petrobras

Vallourec has been hired by Brazil’s Petrobras to supply tubes and services for offshore development wells, mostly located in the Campos pre-salt basin.

about 2 years ago
PLSV Seven Rio; Source: Subsea7
Business & Finance

Subsea7 vessel quartet going on pipelay support duty next year

Subsea7 has tucked long-term deals for four pipelay support vessels (PLSVs) under its belt, enabling the ships to work for Petrobras.

about 2 years ago
Illustration; Source: CRP Subsea
Business & Finance

UK subsea player slots deepwater oil project trio in its Brazilian workload

CRP Subsea, part of AIS, has won a deal for three offshore oil field projects in Brazil’s Santos Basin.

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

ADNOC signs off on upstream deal enabling SOCAR to come aboard two offshore fields

ADNOC has inked an agreement to transfer a stake in two fields at a concession off the coast of the UAE to SOCAR.

about 2 years ago
Hywind Tampen floating wind farm and Snorre platform; Source: Equinor
Business & Finance

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago
MoU signing ceremony; Source: Petronas
Business & Finance

Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Business & Finance

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

about 2 years ago
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