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Boka Vanguard vessel transporting FPU Zafiro Producer; Source: Boskalis
Business & Finance

Boskalis’ giant vessel wraps up its first decom gig by transporting FPU for recycling

Boskalis has revealed that its largest semi-submersible heavy transport vessel has completed its first ??????????????? ???????.

about 3 years ago
Noble Viking drillship; Source: Noble Corporation
Business & Finance

Shell prolongs Noble drillship’s stay in Malaysia

Noble Corporation has secured a contract extension for one of its drillships with Shell for operations offshore Malaysia.

about 3 years ago
Reabold's North Sea portfolio; Source: Reabold Resources
Business & Finance

UK player seeking farm-down of high-graded assets in its North Sea basket

Reabold Resources has undertaken a high-grading exercise of its North Sea licences and plans to farm down its stake in retained assets.

about 3 years ago
CPP Investments and Power2X team up on green molecule projects
Business & Finance

CPP Investments and Power2X team up on green molecule projects

Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t

about 3 years ago
Ithaca Energy
Business & Finance

Ithaca getting its hands on full ownership of UK gas discovery and three North Sea licences

Ithaca Energy has set the wheels into motion with the signing of a sale and purchase agreement to acquire the remaining stake in a discovery.

about 3 years ago
Noble Resilient jack-up rig; Source: Noble Corp.
Business & Finance

Recoverable oil & gas volume in Shell’s recent UK North Sea discovery nearly doubled

Shell has carried out a post-well analysis of a discovery in the North Sea, indicating a significant boost in the estimated oil & gas resources.

about 3 years ago
EWP-EDF One power station in the Port of Jaffa, Israel (Courtesy of Eco Wave Power)
Business & Finance

Eco Wave Power gets final government grant for wave energy plant in Israel

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its landmark ‘EWP-EDF One’ wave energy power station in the Port of Jaffa, marking the official completion of the project.

about 3 years ago
With license secured, NeuConnect to start major construction in coming weeks
Business & Finance

With license in place, first UK-Germany energy link to start major construction

NeuConnect, the company behind the first energy link between the UK and Germany, has signed a license agreement with The Crown Estate, a step set to allow major construction work to begin this summer in the UK. Following negotiation and collaboration with The Crown Estate, the signed license agreeme

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Norway adds ‘largest discovery’ in a decade to its hydrocarbon arsenal

Wellesley Petroleum has made a significant gas and condensate discovery in a prospect located in the North Sea.

about 3 years ago
FPSO FPF – 003; Source: Petrofac
Business & Finance

New upstream energy investment player snaps up three offshore production vessels

Samos Energy has completed its first acquisition by getting its hands on all shares of PetroFirst, a floating energy infrastructure owner.

about 3 years ago
thyssenkrupp’s hydrogen business receives €526 million boost
Business & Finance

thyssenkrupp’s hydrogen business receives €526 million boost

German-based engineering company thyssenkrupp has floated its hydrogen business thyssenkrupp nucera on the Frankfurt Stock Exchange (Prime Standard), supporting the company’s growth in the hydrogen market. Specifically, the gross proceeds from the IPO of around €526 million will go to thyssenkrupp n

about 3 years ago
Fugro to collect data off Norway needed for 'sustainable development of new marine industries'
Business & Finance

Fugro to collect data off Norway needed for ‘sustainable development of new marine industries’

Fugro has been appointed to carry out a hydrographic survey offshore Norway to collect datasets that are said to be essential for the sustainable development of new marine industries such as offshore wind. The contract is the latest in a series that Fugro secured with the Norwegian Hydrographic Serv

about 3 years ago
NAGA 3 rig; Source: Velesto Energy
Business & Finance

Velesto confirms ongoing drilling gig for jack-up rig

Velesto has secured work with an estimated combined contract value of $13 million for one of its jack-up rigs for drilling ops in Malaysia.

about 3 years ago
Karoon Energy
Business & Finance

Revised resource assessment at oil discovery off Brazil seen as ‘good step forward’

Australia’s oil and gas company Karoon Energy has updated its contingent resource estimates for a field offshore Brazil.

about 3 years ago
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