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Stena Don rig was used to drill the latest well on the Anchois gas development project; Source: Stena Drilling
Business & Finance

Chariot passes the operatorship baton to Energean to unlock Moroccan offshore assets’ gas potential

Energean will take over the operatorship helm at two Moroccan offshore licenses from Africa-focused energy company Chariot.

about 2 years ago
Claxton team at the location off Angola; Source: Acteon
Business & Finance

UK firm goes to Angola to work on support structure for two offshore platform jackets

Acteon’s energy services division has been hired to provide engineering and installation services for a jacket support structure off Angola.

about 2 years ago
More work for Weatherford with Petrobras
Business & Finance

More work for Weatherford with Petrobras

U.S. oilfield services company Weatherford International has secured a multi-year contract to deliver drill pipe riser (DPR) intervention services to Brazilian state-owned oil and gas giant Petrobras. Weatherford announced it had been awarded a five-year contract with Petrobras in Brazil, after a co

about 2 years ago
Greater Laggan Area; Source: TotalEnergies
Business & Finance

No restart date in sight as probe into steam incident at TotalEnergies’ UK gas plant goes on

TotalEnergies has shut down production at an onshore gas plant that takes in gas from offshore fields, which are part of the West of Shetland project.

about 2 years ago
Dr. Sultan Ahmed Al-Jaber, UAE Minister of Industry, CEO of ADNOC, and COP28 President; Source: COP28
Business & Finance

COP28: Reconciling great expectations with reality in a highly polarized world

A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.

13 minutes read
Blue World Technologies
Business & Finance

Maersk invests in Blue World, orders methanol fuel cell pilot system

Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue

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

TotalEnergies, Petrobras, SOCAR, and Sonangol join forces to curb methane footprint

TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.

about 2 years ago
DNV names head of CCUS
Business & Finance

DNV names head of CCUS unit

DNV has appointed the head of its Carbon Capture, Utilization, and Storage (CCUS) unit as a response to the technology’s growth. DNV announced on December 6 the appointment of Jamie Burrows as head of its Energy Systems business area’s CCUS unit – a move that underscores DNV’s commitment to CCUS as

about 2 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business & Finance

Vår Energi preparing to spud wildcat with Transocean rig

Vår Energi has secured a drilling permit to spud a wildcat well in the Barents Sea, using one of Transocean’s semi-submersible rigs.

about 2 years ago
New green hydrogen project to expand ACWA Power’s portfolio in Indonesia
Business & Finance

New green hydrogen project to expand ACWA Power’s portfolio in Indonesia

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider, and PT Pupuk Indonesia, a state-owned fertilizer and chemical producer, are set to devel

about 2 years ago
Well-Safe Guardian; Source: Repsol Sinopec
Business & Finance

WATCH: Well-Safe Solutions rig wraps up first saturation dives in firm’s history while working on North Sea decom gig

Well-Safe Solutions has tucked under its belt a new achievement, thanks to one of its rigs, which has set a seal on the first saturation dives in the company’s history.

about 2 years ago
Orbital Marine's O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Business & Finance

Orbital Marine to take its shot at Canada’s tidal stream opportunity

Scottish company Orbital Marine Power has been named as Euclaire Tidal’s technology partner at the Fundy Ocean Research Centre for Energy (FORCE).

about 2 years ago
Petronas
Business & Finance

New hydrocarbon discoveries in 2023 bring Malaysia more than 1 billion boe

Malaysia recorded 19 exploration discoveries and two exploration-appraisal successes in 2023, contributing over 1 billion boe of new resources.

about 2 years ago
AET
Business & Finance

AET gets shipping’s first sustainability-linked Islamic RCF in South Asia

Maybank Singapore has extended a $100 million sustainability-linked Islamic revolving credit facility (RCF-i) to AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad.

about 2 years ago
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