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European Commission approves €350M German renewable hydrogen scheme
Business & Finance

European Commission approves €350M German renewable hydrogen scheme

The European Commission has approved a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool.

about 2 years ago
FPSO Bacalhau; Source: Equinor
Business & Finance

WATCH: ‘Mega’ equipment piece fitted into place at Brazilian oil project ahead of FPSO arrival

Equinor has wrapped up the installation of an important component in the process of bringing online its operated oil field off the coast of Brazil.

about 2 years ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Business & Finance

Borr Drilling pulls off a hat trick as three rigs win multi-million gigs

Offshore drilling contractor Borr Drilling has landed new assignments for three premium jack-up rigs with undisclosed oil and gas players.

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

Green light for drilling of Gulf of Mexico oil & gas prospects with Noble and Seadrill drillships

LLOG Exploration has confirmed the approval of drilling activities at three wells in the U.S. Gulf of Mexico.

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

TotalEnergies bumps FID for Papua LNG to 2025

A meeting between the CEO of TotalEnergies and the Prime Minister of Papua New Guinea has been held to discuss the country’s LNG project.

about 2 years ago
Eco Wave Power on the lookout for top locations for commercial onshore wave energy
Business & Finance

Eco Wave Power on the lookout for top wave energy locations along US coastline

Swedish-Israeli wave energy developer Eco Wave Power is set to carry out a feasibility study to identify the top locations for commercial onshore wave energy stations across the U.S. coastline. Eco Wave Power announced it was selected by a “major energy company” to conduct a comprehensive feasibilit

about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Business & Finance

Canada’s Cedar LNG moves to finalization of FLNG design stage with 20-year commercial offtake in the bag

Cedar LNG has notched new milestones, thanks to a notice to proceed (NTP) that has been sent to the EPC contractors in the aftermath of the finalization of long-term commercial offtake agreements.

about 2 years ago
CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platf
Business & Finance

Carnegie reserves site for CETO wave energy device deployment in Spain

CETO Wave Energy Ireland (CWEI), a subsidiary of Carnegie Clean Energy, has inked an assignment agreement that ensures its access to a berth reservation agreement within the Biscay Marine Energy Platform (BiMEP).

about 2 years ago
FSRU Jawa Satu and LNG carrier for ship-to-ship LNG transport; Source: MOL
Business & Finance

FSRU for Asia’s gas-to-power project comes into operation

Mitsui O.S.K. Lines (MOL) has kicked off commercial operations for a FSRU to provide LNG to a power plant in West Java, Indonesia.

about 2 years ago
FPSO Front Puffin; Source: ADM Energy
Business & Finance

Material uplift on the cards for Nigerian offshore gas field

The initial internal review of reinterpreted 3D seismic data for a field offshore Nigeria suggests a material uplift on its potential and value.

about 2 years ago
DeepOcean marks 25th birthday with CO2 emissions reduction triumph
Business & Finance

CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target

Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202

about 2 years ago
Naming ceremony for FPSO Maria Quitéria; Source: Yinson Production
Business & Finance

Cosco hosts naming ceremony for Yinson Production’s Brazil-bound FPSO – gallery

Yinson Production has tucked a new milestone under its belt with a naming ceremony for an FPSO destined to be deployed off the coast of Brazil.

about 2 years ago
Brage platform; Source: OKEA
Business & Finance

North Sea operator sanctions oil & gas field development and hands out work to Aker Solutions, Subsea7, and OneSubsea

OKEA has made a final investment decision (FID) for the development of an oil and gas field in the North Sea off the coast of Norway.

about 2 years ago
Dutch wave energy company gets subsidy for large-scale technology testing
Business & Finance

Dutch wave energy company gets subsidy for large-scale technology testing

Dutch Wave Power, a company developing technology to convert energy from waves at sea into electrical energy or hydrogen, has received a subsidy of over €99,000 for large-scale testing and demonstration of its technology in the North Sea offshore Scheveningen. The subsidy from the Wadden fund (Wadde

about 2 years ago
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