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GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Business & Finance

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
UK's 2 GW subsea electricity superhighway first to progress through Ofgem's fast-track process
Business & Finance

2 GW subsea electricity superhighway first to progress through Ofgem’s fast-track process

UK energy market regulator Ofgem has selected a 2 GW high-voltage direct current (HVDC) subsea cable as the first project to proceed under the new fast-track process and to receive a provisional £2 billion funding package. Eastern Green Link 1 (EGL1) is being developed by National Grid Electricity T

about 2 years ago
Jean Paul Prates, Petrobras' CEO; Source: Petrobras
Business & Finance

Petrobras CEO paints oil & gas industry as ‘fundamental’ piece of energy transition puzzle

The CEO of Brazil’s Petrobras is adamant that oil and gas are an integral part of the energy transition engine.

about 2 years ago
RWE’s plans for green hydrogen production in Teesside gain ground
Business & Finance

RWE’s plans for green hydrogen production in Teesside gain ground

RWE is advancing plans for Teesside green hydrogen plant with the acquisition of a land option at Wilton International.

about 2 years ago
Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner
Business & Finance

SKF joins Ocean Energy Europe as lead partner

Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne

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

Multi-million trifecta brings more work to UK firm with BP, TotalEnergies, and Centrica

Asco has pulled off a hat trick of new contract extensions, worth over £20 million (nearly $25.6 million), with three energy players.

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Business & Finance

ExxonMobil strikes oil offshore Guyana with Stena drillship

ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana, using a drillship owned by Stena Drilling.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business & Finance

Yinson Production’s FPSO on its way to Brazil – gallery

An FPSO destined to work at an oil field in the Santos Basin, has left a shipyard in Dubai, UAE, and set sail for Brazilian waters.

about 2 years ago
Seven firms from north Scotland and Orkney have been chosen for the first Fit For Offshore Renewables (F4OR) program in the region
Business & Finance

Seven firms set for ORE Catapult-led Fit for Offshore Renewables program

Seven firms from north Scotland and Orkney have been chosen for the first Fit For Offshore Renewables (F4OR) program in the region. The F4OR supply chain growth program, led by the Offshore Renewable Energy (ORE) Catapult, takes the companies 12-18 months to complete. The seven companies that were s

about 2 years ago
EU and Faroe Islands strengthen ties on green transition and climate change
Business & Finance

EU and Faroe Islands strengthen ties on green transition and climate change

The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre

about 2 years ago
Liquid Wind to fuel Wasaline’s Aurora Botnia with eMethanol from FlagshipTHREE plant
Business & Finance

Liquid Wind to fuel Wasaline’s Aurora Botnia with eMethanol from FlagshipTHREE plant

Electrofuel (eFuel) developer Liquid Wind has signed a letter of intent (LoI) with energy firm Umeå Energi and shipping company Wasaline for the sale and purchase of eMethanol from the eFuel facility in Umeå, Sweden.

about 2 years ago
Reach Subsea expands subsea service capacity due to 'substantial tender pipeline'
Business & Finance

Reach Subsea expands subsea service capacity due to ‘substantial tender pipeline’

Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for

about 2 years ago
FPSO for the BM-C-33 project; Source: MODEC
Business & Finance

‘Major’ deal for MODEC’s Brazil-bound FPSO lands on MAN’s order book

MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.

about 2 years ago
Petrobras and Mitsui & Co. shake hands on low-carbon business opportunities
Business & Finance

Petrobras and Mitsui & Co. shake hands on low-carbon business opportunities

Brazilian state-owned oil and gas company Petrobras has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to explore low-carbon business opportunities in Brazil.

about 2 years ago
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