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Plug Power’s hydrogen buildout reaches new heights
Business & Finance

Plug Power’s hydrogen buildout reaches new heights

U.S. Plug Power has reached nameplate capacity at hydrogen plants in Georgia and Tennessee, marking a milestone for the company’s hydrogen network.

about 2 years ago
Valaris DS-9 drillship; Source: Valaris
Business & Finance

New rig deals lift Valaris’ contract backlog to $4 billion

Valaris has expanded its contract backlog, thanks to a series of new contract awards and extensions with multiple oil and gas companies.

about 2 years ago
Danish wave energy firm launches crowdfunding campaign, aims to raise up to €1.5M
Business & Finance

Danish wave energy firm launches crowdfunding campaign, aims to raise up to €1.5M

Danish company Wavepiston has launched a crowdfunding campaign with the ambition of raising up to €1.5 million that will be used for its wave energy technology. The €1.5 million expected to be raised in 2024 will be instrumental in further demonstrating and commercializing the wave energy technology

about 2 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Business & Finance

Start-up of three LNG projects paving the way for rise in US natural gas trade

A further growth in natural gas trade is expected thanks to three new LNG export projects, which are slated to come online by the end of next year.

about 2 years ago
US oil & gas services provider scores $10 million worth of contracts
Business & Finance

US oil & gas solutions provider scores $10 million in new contracts

Ocean Edge Services (OES), a U.S.-based service company that provides flexible offshore and onshore solutions to the oil & gas industry, has secured new project awards totaling over $10 million. The batch of the new contracts is for production hydraulic power units (HPUs), subsea distribution equipm

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

Woodside gearing up for decom activities at Australian offshore gas field

Woodside has submitted an environment plan (EP) for subsea decommissioning activities at a gas field offshore Australia.

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

More time in UK for Archer thanks to $40 million extension deal

Oil services company Archer has landed a two-year contract extension for platform drilling services with an undisclosed company in the UK.

about 2 years ago
Prelude FLNG; Source: Shell
Business & Finance

Shell seeks thumbs-up for further work on gas project offshore Australia

Shell has submitted an environment plan (EP) for the installation and cold commissioning activities on a gas field offshore Australia.

about 2 years ago
Illustration; Credit: Manfred Jarisch/Equinor
Business & Finance

Equinor sees downturn in oil & gas workers’ injury frequency

Equinor has provided safety results for the first quarter of 2024, reporting no serious well control incidents.

about 2 years ago
PXGEO buys UK subsea services company
Business & Finance

PXGEO buys UK subsea services company

Marine geophysical service provider PXGEO has acquired UK-based subsea services company Modus Subsea Services, boosting its autonomous subsea offering. Modus Subsea Services provides offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention dr

about 2 years ago
Wheatstone LNG Plant at Ashburton North, Western Australia; Source: Chevron
Business & Finance

Chevron eyes drilling ops offshore Australia to look for more gas

Chevron has submitted an environment plan (EP) for exploration drilling to search and evaluate deep gas reservoirs off the coast of Australia.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling breaks off rig deal with Nigerian oil & gas firm

Dolphin Drilling has decided to end a rig contract with Lagos-based General Hydrocarbons Limited (GHL) due to payment issues.

about 2 years ago
Deepwater Titan drillship; Source: Transocean
Business & Finance

Transocean anticipates more long-term rig deals over next few months

Transocean is looking forward to securing new assignments for its rig fleet, thanks to the high demand for offshore drilling services on the global oil and gas stage.

about 2 years ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Business & Finance

US company adds ‘sizeable producing asset’ to its African oil portfolio with acquisition of Swedish company

Vaalco Energy has acquired Svenska Petroleum Exploration, enriching its asset portfolio with an offshore block in Côte d’Ivoire, West Africa.

about 2 years ago
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