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Polish and Danish TSOs initiate cooperation on energy transition and security, hydrogen and biomethane on the table
Business & Finance

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table

Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

about 3 years ago
Hyundai Heavy taps GTT for tank design of four new LNGCs
Business & Finance

Hyundai Heavy taps GTT for tank design of four new LNGCs

French LNG containment specialist GTT has received an order from its South Korean partner HD Hyundai Heavy Industries (HHI) for the tank design of four new liquefied natural gas carriers (LNGCs). According to GTT, the order was made on behalf of an Asian shipowner. The LNG carriers will each offer a

about 3 years ago
Petrobras
Business & Finance

Sale of 22 onshore and shallow water fields winds up as new operator takes the helm

Petrobras has wrapped up the sale of its interest in a cluster, encompassing a set of 22 concessions of onshore and shallow water fields.

about 3 years ago
Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Business & Finance

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

12 minutes read
Bidirectional Dutch-UK subsea pipeline to shortly halt gas flow in September
Business & Finance

Bidirectional Dutch-UK subsea pipeline to halt gas flow in September

The Balgzand-Bacton Pipeline (BBL) between the Netherlands and the UK will make a one-week pause to gas flows in September due to planned maintenance. BBL Company, the owner of the 235-kilometer subsea gas interconnection, announced at the beginning of May that the planned maintenance is scheduled f

about 3 years ago
The FPSO Agogo, which is currently under conversion, is targeted for deployment in 2025; Source: Yinson
Business & Finance

MAN furnishing FPSO destined for oilfield project off Angola with compressor trains

MAN Energy Solutions has been hired by Yinson to supply a total of 11 compressor trains for an FPSO, which will be deployed off Angola.

about 3 years ago
Norwegian seismic firm plans 'first 2D-cubed project offshore Brazil'
Business & Finance

Norwegian seismic firm plans ‘first 2D-cubed project offshore Brazil’

Norwegian seismic company TGS is planning to carry out the first 2D-cubed project offshore Brazil, a technology said to enable the transformation of 2D data into a 3D volume that can be interpreted on a regional scale. The Amazonia Azul 2D-cubed project represents an expansion of TGS’ multi-client d

about 3 years ago
Illustration; Source: OceanStar Elite
Business & Finance

Two contractors pooling resources for offshore oil & gas engineering projects

Oceanstar Elite and Synergy Engineering have inked a deal to establish a joint venture (JV) for offshore oil and gas engineering projects.

about 3 years ago
IOG's Southern North Sea well to come online this month
Business & Finance

IOG’s Southern North Sea well to come online this month

UK-headquartered IOG plc is planning to bring the second Blythe production well on stream this month, despite losing 34 days to the well control event. In an update issued following well clean-up and testing operations that took place at the Blythe H2 well from 4 to 7 June, IOG plc revealed that the

about 3 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Business & Finance

UK regulator gives its blessing for farm-out deal related to North Sea oil project

Jersey Oil & Gas has received approval from the NSTA for its sale of a partial stake in an asset on the UK Continental Shelf to NEO Energy.

about 3 years ago
Avance Gas books two dual-fuel LPG/ammonia carriers at CIMC
Business & Finance

Avance Gas books two dual-fuel LPG/ammonia carriers at CIMC

Norwegian shipping company Avance Gas has ordered two mid-sized 40,000 cubic metres LPG/ammonia carriers with dual fuel engines at China International Marine Containers(Group) Ltd. (CIMC). The two companies entered into a newbuilding contract worth $123 million on 7 June. The agreement for the two n

about 3 years ago
ADNOC Drilling
Business & Finance

ADNOC Drilling expands its offshore rig fleet with two more jack-ups

ADNOC Drilling is acquiring two new premium offshore jack-up drilling rigs, as part of its fast-tracked fleet expansion programme.

about 3 years ago
Gorgon; Source: Chevron
Business & Finance

First gas uplifts Chevron’s Gorgon project to next level, setting the stage for more LNG exports

Chevron has achieved the first gas production from the Gorgon stage two development off the northwest coast of Western Australia.

about 3 years ago
The Valaris 8503 rig was used for Zama appraisal. Source: Talos Energy
Business & Finance

Stamp of approval for huge oil field development plan lays the foundation for $4.5 billion investment

Mexico’s regulator has greenlighted a unit development plan (UDP), which Pemex submitted for a giant oil field offshore Mexico.

about 3 years ago
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