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Petrobras
Business & Finance

Petrobras days away from requesting a rethink of denial to drill Brazilian well

Petrobras will file a request with IBAMA to reconsider the decision to deny the environmental license to drill a well off Brazil.

about 3 years ago
Everest platform; Source: Harbour Energy
Business & Finance

Harbour Energy hands out five-year deal for North Sea assets to Stork

Stork has been awarded a long-term deal for the delivery of asset integrity services to Harbour Energy’s assets on the UKCS.

about 3 years ago
Prysmian
Business & Finance

Prysmian revealed as preferred bidder for UK’s cable connection project

Prysmian Group has been picked as the preferred bidder for a high voltage direct current (HVDC) cable connection in the UK.

about 3 years ago
Illustration; Source: Eni
Business & Finance

Eni and Sonangol pooling resources to step up their decarbonisation game

Eni and Sonangol have joined forces to identify and assess opportunities in the areas of the energy transition.

about 3 years ago
DSME LNG carrier
Business & Finance

Hanwha Ocean, formerly known as DSME, eyes $107 million in stock sale

Daewoo Shipbuilding & Marine Engineering, one of South Korea’s top three shipbuilders, plans to raise 141.3 billion won ($107.7 million) through a stock offering. The proceeds from this offering will primarily be used to pay off the company’s debts, according to regulatory filings. In the stock offe

about 3 years ago
Johan Sverdrup field in the North Sea; Source: Arne Reidar Mortensen/Equinor
Business & Finance

New milestone at giant North Sea oil field, as it reaches record-high production level

Equinor’s capacity test at the Johan Sverdrup field in the North Sea off Norway confirms the field can produce at an increased plateau.

about 3 years ago
FPSO Atlanta; Source: Yinson
Business & Finance

Enauta finds more oil in new reservoir section off Brazil

Brazilian oil and gas player Enauta has found oil in a new reservoir section at a well located on a field development offshore Brazil.

about 3 years ago
Draugen oil platform; Source: OKEA
Business & Finance

OKEA tasked with tackling nonconformity at Norwegian Sea field

Norwegian regulator has carried out an audit of OKEA and its management of major accident risk and barriers at a field off Norway.

about 3 years ago
Wellhead Fatigue JIP; Source: 2H
Business & Finance

Seven ‘major’ oil & gas players join phase II of JIP assisting with improving wellhead, riser fatigue estimates

Acteon’s subsidiary 2H Offshore has launched the second phase of its measurement-based wellhead fatigue joint industry project (JIP).

about 3 years ago
MoPSW India
Business & Finance

Indian govt to bankroll green shipping as ports embrace hydrogen and green tugs

India Ministry of Ports, Shipping & Waterways (MoPSW) has vowed to provide 30% financial support for the promotion of green shipping. This initiative reflects the government’s dedication to fostering sustainable practices within the shipping industry, which is known for its significant environmental

about 3 years ago
G7 meeting; Source: International Energy Agency (IEA)
Business & Finance

G7 upping the green and low-carbon ante while gas is still king of energy throne

The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

about 3 years ago
FPSO Armada Kraken; Source: Bumi Armada
Business & Finance

On methane reduction quest, Bumi Armada books drone-based emissions survey for North Sea FPSO

Bumi Armada has hired IKM Testing to undertake a drone-based methane emissions survey on an FPSO, which is working in the North Sea.

about 3 years ago
RWE
Business & Finance

RWE eyes three new carbon capture and storage projects in UK

RWE is planning to progress three new carbon capture projects across the UK, which could capture 11 million tonnes of CO2 per year.

about 3 years ago
Statfjord feltet (for illustration purposes); Credit; Øyvind Hagen/Equinor
Business & Finance

Norway’s monthly oil & gas output goes down a notch in April

Norway saw a slight rise in gas production in April 2023 compared to the NPD’s predictions and the volume seen last year.

about 3 years ago
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