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Denmark and USA to explore development of green corridors in the Global South
Business & Finance

Denmark and USA to explore development of green corridors in the Global South

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Business & Finance

COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

about 2 years ago
EU-Catalyst Partnership to back Ørsted’s FlagshipONE e-methanol project
Business & Finance

EU-Catalyst Partnership to back Ørsted’s FlagshipONE e-methanol project

Danish energy company Ørsted has secured support from the EU-Catalyst Partnership, which consists of the European Commission (EC), Breakthrough Energy Catalyst, and the European Investment Bank (EIB), for its FlagshipONE project, also known as Europe’s largest e-methanol plant. On December 1, at COP

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Business & Finance

Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Business & Finance

€850 million award for UK’s cable connection project lands on Prysmian’s order backlog

Prysmian has tucked under its belt a contract win worth around €850 million for a high voltage direct current (HVDC) cable connection in the UK.

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

Is UK at risk of falling short of its CCS targets despite potential to surpass them?

Westwood has warned that delays, cancellations, and under-delivery pose a significant risk, which could derail Britain’s 2030 targets.

about 2 years ago
Damen Offshore Carrier (DOC) motion compensated cable laying vessel, developed in collaboration with Huisman; Source: Damen
Business & Finance

Huisman presents cable-lay system for multi-purpose vessels – gallery

Huisman has unveiled a cable-lay system that ensures fast mobilization and demobilization for multi-purpose vessels (MPVs).

about 2 years ago
ConocoPhillips
Business & Finance

ConocoPhillips puts plans into play to undertake multiple seabed surveys and offshore drilling ops

ConocoPhillips has submitted an environment plan for several seabed surveys and a multi-well exploration drilling program off the coast of Australia.

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Business & Finance

Australian player sets wheels into motion for more subsea ops to bring two gas wells online

Beach Energy has submitted a revised environment plan for subsea installation and commissioning activities off the coast of Australia.

about 2 years ago
Well-Safe Defender rig; Source: Well-Safe Solutions
Business & Finance

BP hands out multi-year global master agreement to Well-Safe Solutions

BP has hired Well-Safe Solutions on a long-term global master agreement for well engineering and decommissioning support services.

about 2 years ago
Angel platform; Courtesy of Woodside
Business & Finance

Woodside awaits green light for drilling and subsea tie-back to gas platform off Australia

Woodside has submitted a revised environment plan for drilling, subsea tie-back, and production activities off the coast of Australia to boost hydrocarbon production.

about 2 years ago
FPSO Griffin Venture; Source: BHP
Business & Finance

All-systems-go for Woodside to embark on subsea infrastructure decom ops off Australia

Woodside has received a stamp of approval for an environment plan (EP), covering decommissioning, and dismantling activities at a field off the coast of Australia.

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

Hybrid interconnector projects in North Sea and Baltic Sea beef up Europe’s green energy ties

Three hybrid interconnector projects in the North Sea and Baltic Sea are among the proposed cross-border energy infrastructure projects, which underpin the EU’s climate and net zero drive.

11 minutes read
Agbami field; Source: Equinor
Business & Finance

Equinor disposes of its Nigerian business and stake in Chevron’s offshore oil field

Equinor is in the process of exiting Nigeria, thanks to a deal with Chappal Energies to sell its Nigerian business, which entails a stake in a Chevron-operated oil field.

about 2 years ago
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