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Deployment approaching for Carnegie's MoorPower demonstration project
Business & Finance

Carnegie dual-listed with entry into the US market

Australian firm Carnegie Clean Energy has become dual-listed as it had completed U.S. listing on OTC Markets Group’s New York-based OTCQB platform. Under the stock ticker CWGYF, trading and information flow through the OTCQB platform is expected to allow Carnegie to engage with renewable energy-focu

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business & Finance

BP, Shell, TotalEnergies, and Equinor among recipients of second license batch in UK’s 33rd oil & gas round

The NSTA has offered 24 licenses across 74 blocks and part-blocks, which are situated in the Central North Sea, Northern North Sea, and West of Shetland areas.

about 2 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Business & Finance

Norwegian player wraps up sale of partial stakes in North Sea pair

Longboat JAPEX Norge has completed the divestment of partial interests in a pair of exploration licenses on the NCS to Norway’s Concedo.

about 2 years ago
North Sea operator picks Scottish firm for P&A campaign
Business & Finance

North Sea operator picks Scottish firm for P&A campaign

Scottish well intervention and plug and abandonment (P&A) solutions provider Oilenco has won a contract to deliver engineering and manufacturing services for what it says is a “major North Sea operator”. The contract will see Oilenco provide well intervention and downhole equipment throughout a 52-w

about 2 years ago
David Latin, Serica's incoming interim CEO; Source: Serica Energy
Business & Finance

As its CEO heads for the exit, Serica hand-picks interim one to step in his shoes

Serica Energy has disclosed the appointment of an interim Chief Executive Officer (CEO), who will succeed its current CEO after he steps down from the role.

about 2 years ago
ZeroNorth
Business & Finance

ZeroNorth acquires Euronav’s FAST platform

Denmark-based technology company ZeroNorth has reached a deal with Belgian shipping company Euronav to acquire and manage the tanker major’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav will become a customer of ZeroNorth’s full platform offering. FAST collec

about 2 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business & Finance

With stakes in North Sea oil & gas fields, Longboat JAPEX adds first producing assets to its portfolio

Longboat JAPEX Norge has brought an acquisition to an end, enabling it to get its hands on its initial producing assets offshore Norway.

about 2 years ago
QatarEnergy
Business & Finance

QatarEnergy dishes out $6 billion to boost production at Qatar’s largest oil field

QatarEnergy has handed out four multi-billion-dollar engineering, procurement, construction, and installation (EPCI) contract packages to multiple players in a bid to propel forward the next development phase of Qatar’s largest offshore oil field.

about 2 years ago
ADNOC's fleet richer for dive support vessel
Business & Finance

ADNOC’s fleet richer for dive support vessel

UAE’s energy giant Abu Dhabi National Oil Company (ADNOC) has taken delivery of the first of two 24-meter catamaran dive support vessels (DSVs) from a shipyard in Dubai. ADNOC MD 01, the first of two sister vessels, was built by Dubai-based Grandweld Shipyards and designed by Robert Allan Ltd. to su

about 2 years ago
Illustration; Source: Transport & Environment
Business & Finance

Seven NGOs urge Europe to set coal, oil, and gas phase-out dates

A coalition of seven NGOs has sent a letter, encouraging the European Commission to list fossil fuel phase-out dates within the roadmap for Europe’s 2040 target.

about 2 years ago
UK CCS project enters FEED phase as Technip Energies snatches contract
Business & Finance

UK CCS project enters FEED phase as Technip Energies snatches contract

The Viking Link carbon capture and storage (CCS) project in the UK has entered the front-end engineering design (FEED) phase with the award of the contract to Technip Energies. Viking CCS, previously known as V Net Zero, is the Humber-based CO2 transportation and storage network led by UK oil and ga

about 2 years ago
Bulker
Business & Finance

Seanergy to pioneer Capesize hydrogen retrofit in EU funded project

Greek pure-play Capesize ship owner Seanergy Maritime Holdings Corp. has revealed that it will retrofit one of its existing Capesize vessels with hydrogen (H2) technology. The project is being bankrolled through the European Union Funded SAFeCRAFT Project Consortium. Seanergy, through its wholly-own

about 2 years ago
Illustration from the North Sea Transition Authority (NSTA)
Business & Finance

Tackling triple challenge of production, emissions, and net zero spurs North Sea’s technological innovation

As the global offshore energy industry takes steps to evolve in line with emerging technological innovations, the UK regulator, the North Sea Transition Authority (NSTA) points out that the North Sea is increasingly becoming a hotbed of activity aimed at employing new technology to enable the streng

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

With safety and efficiency in mind, two players set up digital rig offering for operating procedure

Archer has joined forces with Horizon56 to launch a new solution, which will digitalize operating procedures to bolster rig safety and efficiency.

about 2 years ago
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