Houston-based Talos Energy has set the wheels into motion to get its hands on QuarterNorth Energy, a privately-held U.S. Gulf of Mexico firm.
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The project funding is part of the Horizon Europe Framework Program
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other s
Japan’s Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include
Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.
Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fu
Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS).
Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.
Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capac
Commodities trading group Trafigura has inked a long-term LNG agreement with Canada’s largest natural gas producer Tourmaline, marking the first time the two parties have signed such an agreement. Tourmaline said it increased its exposure to JKM by entering into a netback agreement with Trafigura ba
PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.
Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.
The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]
Denmark-based power cable manufacturer and installation company NKT has placed an order with Norway’s VARD for the construction of its new cable-laying vessel (CLV). In May 2023, on the back of a record order backlog and the strong market outlook, NKT announced investments in a new high-voltage fact
