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Mariner field in the UK North Sea (for illustration); Photo Jamie Baikie and Michal Wachucik/Equinor
Business & Finance

‘Bold measures’ still needed for 2030 target but UK North Sea oil & gas emissions down for third consecutive year

The NSTA has outlined in its new report that the oil and gas industry is making progress on curbing emissions.

about 3 years ago
Illustration/BIMEP and EMEC wave energy test sites (Courtesy of EuropeWave)
Business & Finance

EuropeWave unveils top 3 wave energy finalists

EuropeWave project has selected three finalists – CETO Wave Energy Ireland, IDOM Consulting and Mocean Energy – to fabricate, deploy and demonstrate their prototype designs in the third and final phase of the collaborative wave energy project.

about 3 years ago
Dirk Schulze, CEO SCHOTTEL Marine Technologies (Courtesy of SCHOTTEL Marine Technologies)
Business & Finance

SCHOTTEL Marine Technologies merges German and UK ops with focus on floating offshore renewables

SCHOTTEL Marine Technologies, the new company name for Germany’s AQUOS SCHOTTEL Marine Technologies and Scotland’s Swift Anchors, has integrated its operations to ramp-up deployment of its anchoring solutions for floating offshore renewables.

about 3 years ago
Fulmar Alpha and AD Topsides; Source: Repsol Sinopec
Business & Finance

After two workers suffered injuries on North Sea platform, Repsol Sinopec slapped with £535,000 fine

Repsol Sinopec Resources UK Limited has been fined £535,000 after the uncontrolled collapse of a crane injured two workers.

about 3 years ago
JERA invests in Hydrogenious LOHC Technologies
Business & Finance

JERA, Uniper and ConocoPhillips pen hydrogen and ammonia supply deal

Japan’s JERA, through its subsidiary JERA Americas, has signed a Heads of Agreement (HoA) with Uniper Global Commodities in Germany and ConocoPhillips in the United States (U.S.) for the sale to Uniper of low-carbon hydrogen/ammonia produced in the U.S. JERA said that the company will contribute to

about 3 years ago
Offshore wind and oil & gas win for Solstad
Business & Finance

Offshore wind and oil & gas win for Solstad

Solstad Offshore has secured two new contracts for its subsea vessels – one in the offshore wind and the other in the oil & gas industry. Construction support vessel (CSV) Normand Baltic has won a 180-day contract to provide walk-to-work services on an offshore wind project in Asia, set to commence

about 3 years ago
Valhall PWP-Fenris; Source: Aker BP
Business & Finance

First steel cut for two large new oil & gas projects in North Sea

Aker BP has celebrated the start of the fabrication phase for two oil and gas projects, which are located in the Norwegian sector of the North Sea.

about 3 years ago
ABS AIP
Business & Finance

Design of world’s largest LNG carrier wins blessing from classification majors

The world’s four major classification societies American Bureau of Shipping (ABS), DNV, Lloyd’s register (LR), and Bureau Veritas (BV) have issued an approval in principle (AIP) to Hudong-Zhonghua (HZ) Shipyard for its new liquified natural gas (LNG) carrier design, currently the world’s largest wit

about 3 years ago
Illustration; Source: Upwing Energy
Business & Finance

Interview: ‘No silver bullet’ in sight for energy transition woes but gas at the heart of low-carbon shift

Leveraging digital tools to tap into advanced well-performance analytics in the cloud helps producers to get ahead of the demand curve.

14 minutes read
Commonwealth LNG and MET Group sign 20-year LNG supply deal
Business & Finance

Commonwealth LNG and MET Group sign 20-year LNG supply deal

U.S.-based Commonwealth LNG and Switzerland-based MET Group have entered into a Heads of Agreement (HoA) for the sale and purchase of one million tons per annum (mtpa) of liquefied natural gas (LNG) for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana, U.

about 3 years ago
Illustration (Courtesy of Wave Energy Scotland)
Business & Finance

Op-ed: Contracts for Difference – Time for something different?

Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.

about 3 years ago
Coral-Sul FLNG (for illustration purposes); Source: Eni
Business & Finance

WoodMac: FLNG market’s outlook ‘bullish’ with Africa at the core of ongoing boom

Wood Mackenzie’s report shows that the FLNG sector is thriving and ready for new capacity with Africa positioned at the heart of this growth.

about 3 years ago
XL unmanned underwater vehicle begins sea trials
Business & Finance

XL unmanned underwater vehicle begins sea trials

Canada’s Cellula Robotics has commenced sea trials of its extra-large unmanned underwater vehicle (XLUUV), featuring hydrogen fuel cell technology. The initial sea trials of the Solus-XR XLUUV are designed to evaluate surface performance and autonomy, said to offer a valuable opportunity to assess t

about 3 years ago
Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation
Business & Finance

International offshore rig count continues its upward trend

Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.

about 3 years ago
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