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accelerate the subsea tieback delivery to aging platforms
Business & Finance

OKEA appoints Subsea7 and SLB to ‘accelerate subsea tieback delivery to aging platforms’

Following a recent long-term strategic agreement with Norway’s state-owned energy giant Equinor, SLB OneSubsea and Subsea7’s Subsea Integration Alliance has secured a contract with Norwegian oil & gas company OKEA for its North Sea field. The “sizeable” integrated engineering, procurement, construct

about 2 years ago
Noble Voyager drillship; Source: Noble Corporation
Business & Finance

Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’

Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment.

about 2 years ago
Atlantis platform in the Gulf of Mexico; Source: BP
Business & Finance

BP’s profit plunges to $2.7 billion amid oil & gas price headwinds

BP has recorded a fall in profit on a quarterly and year-over-year (y-o-y) basis driven by the downturn in energy prices.

about 2 years ago
Illustration; Source: Incat Crowther
Business & Finance

Senegalese player taps Australian-Singaporean shipbuilding duo to build vessel for its emerging offshore energy sector

Senegal’s O3S has commissioned Incat Crowther and Penguin International to build a new FSV to service the country’s offshore energy sector.

about 2 years ago
Ricardo expands hydrogen capabilities to support maritime industry
Business & Finance

Ricardo expands hydrogen capabilities to support maritime industry

Ricardo has invested in the conversion of one of its buildings to facilitate the development of hydrogen testing for large-scale marine engines.

about 2 years ago
Port of Gdańsk; Source: Gaz-System
Business & Finance

MOL and Gaz-System shake hands on deal for Poland’s first FSRU

Poland’s Gaz System has signed a long-term TCP agreement for a FSRU with a subsidiary of Japan’s shipping major Mitsui O.S.K. Lines (MOL).

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

Japanese duo carries out GHG emissions quantification project at MODEC’s Brazilian FPSO pair

MODEC and JGC Corporation have wrapped up a project aimed at measuring and quantifying emissions of methane and other greenhouse gases (GHG).

about 2 years ago
'Crucial step forward' as onshore cable installation begins for France-Ireland interconnector
Business & Finance

‘Crucial step forward’ as onshore cable installation begins for French-Irish interconnector

French cable maker Nexans has kicked off the installation of high-voltage alternating current (HVAC) onshore cable on the Irish side of the Celtic Interconnector, set to link the power systems of Ireland and France together for the first time via subsea power cable. The project is being developed by

about 2 years ago
Dafydd Gruffydd, with tidal energy technology developers at Morlais Substation for Catching the Tide event.
Business & Finance

North Wales tidal energy project probes local business opportunities

Business owners from north Wales have gathered at an event, at the Morlais Substation, Holyhead, to promote services to developers of tidal energy devices.

about 2 years ago
Illustration; Source: Amplus VG Energy
Business & Finance

Three players unlocking West Africa’s ‘lucrative’ undeveloped oil & gas reserves

Carbon Circle has joined forces with Amplus VGE to target marginal oil and gas fields in West Africa to bring their full untapped potential to the fore.

about 2 years ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Aker BP embarking on drilling ops with Saipem rig in Norwegian waters

Aker BP has secured a drilling permit from Norway’s authorities for two exploration wells in the Barents Sea.

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

First gas flows from CNOOC’s development project in Bohai Sea

China’s oil and gas giant CNOOC Limited has brought on stream a gas project in the Bohai Sea off the coast of China.

about 2 years ago
ClientEarth lawyers, Sam Hunter Jones and Sophie Marjanac, outside the High Court on the first day of the hearing; Source: ClientEarth
Business & Finance

New legal challenge yields same result: UK going back to the drawing board with net zero plan deemed ‘unlawful’

Another court battle over the UK government’s climate plans has crossed the finish line, with the court ruling against Britain’s net zero plan.

about 2 years ago
Elgin Franklin; Source: Ithaca Energy
Business & Finance

TotalEnergies hands out work to Wood in North Sea

Wood has won a new decarbonization contract with TotalEnergies E&P UK for a flare gas recovery project in the UK sector of the North Sea.

about 2 years ago
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