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Marine license in place for Scottish subsea electricity superhighway
Business & Finance

Marine license in place for Scottish subsea electricity superhighway

SSEN Transmission has secured a marine license for its proposed new subsea electricity superhighway along the east coast of Scotland. The Eastern Green Link 2 project, delivered in partnership with National Grid Electricity Transmission (NGET), will see the creation of a subsea transmission cable fr

about 3 years ago
Petrobras
Business & Finance

Petrobras bringing sale of 22 onshore and shallow water fields closer to the finish line

Petrobras has been ticking all precedent conditions off the list for the sale of its interest in a Brazilian cluster to close this deal.

about 3 years ago
ONE Stork
Business & Finance

ONE, Wan Hai pay $2.65 M in civil penalties

Prominent container shipping lines Ocean Network Express Ptd. Ltd. (ONE) and Wan Hai Lines, Ltd. and Wan Hai Lines (USA) Ltd. (Wan Hai) have paid a combined total of $2.65 million in civil penalties to resolve allegations of misconduct brought by the U.S. Federal Maritime Commission. Singapore-based

about 3 years ago
A Coast Guard Station Freeport 45-foot Response Boat-Medium boatcrew rescues three boaters aboard an oil rig after their vessel began sinking near Freeport, Texas; Credit: U.S. Coast Guard photo by St
Business & Finance

Gallery: Three stranded offshore workers rescued from oil rig in U.S. waters

The U.S. Coast Guard has carried out a rescue mission of three offshore workers from an oil rig off the coast of the United States.

about 3 years ago
Modular offshore platform; Source: Aquaterra Energy
Business & Finance

In with green hydrogen, out with black gold: Will this be a blueprint for the Middle East’s energy transition or is there something else in store?

The Middle East is pivoting towards renewables and green hydrogen while building a more sustainable oil and gas sector.

about 3 years ago
UK opens its first national robotics center for offshore renewables
Business & Finance

UK opens its first national robotics center for offshore renewables

The UK’s first-of-its-kind national robotics center for offshore renewable energy has been opened at Offshore Renewable Energy (ORE) Catapult’s testing facility in Blyth. The Digital, Autonomous and Robotics Engineering (DARE) Centre will provide an opportunity for developers, researchers and the wi

about 3 years ago
Illustration (Courtesy of ICE)
Business & Finance

Tidal energy scheme in Liverpool eyes consenting management services

Liverpool City Region Combined Authority (LCRCA) is looking to secure consenting management services to advance the development of the Mersey tidal range project.

about 3 years ago
Oil & gas firm awarded offer of CO2 storage licenses in UK's first-ever such round
Business & Finance

Oil & gas firm secures offers in UK’s first-ever CO2 storage licensing round

UK oil and gas company EnQuest has secured the offer of carbon storage licenses as part of the UK’s first-ever round of carbon sequestration licenses issued by the North Sea Transition Authority (NSTA). The license offers are within application areas known as Northern North Sea 1 and Northern North

about 3 years ago
Yanghsan Port
Business & Finance

China’s Yangshan Port claims first place in 3rd Container Port Performance Index

Yangshan Port in China took the top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022. Developed by the World Bank and S&P Global Market Intelligence, the third edition of the CPPI i

about 3 years ago
FPSO Okha; Source: Woodside
Business & Finance

Jadestone becomes owner of BP’s stake in Australian oil-producing fields

Jadestone has received approval for the title transfer regarding the acquisition of BP’s stake in a Woodside-operated project off Australia.

about 3 years ago
Star Bulk
Business & Finance

Star Bulk shares details of vessel loss amid Ukraine conflict, locks in six newbuilds on long-term deals

Athens-based dry bulk shipping firm Star Bulk Carriers revealed that its vessel Star Pavlina was declared a constructive total loss due to its prolonged detainment in Ukraine. The detainment occurred in the wake of Russia’s military action against Ukraine on February 24, 2022, resulting in the vesse

about 3 years ago
Buzzard oil and gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Business & Finance

In the midst of industrial unrest in UK’s oil & gas sector, CNOOC inks ‘significant recognition’ deal

The UK’s Unite the union has secured – what it deems as – a recognition deal with CNOOC Petroleum Europe Limited (CNOOC).

about 3 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Business & Finance

New task for Noble to tackle nonconformities on jack-up rig

Norwegian regulator has carried out an audit of management of materials handling and the working environment on one of Noble’s jack-up rigs.

about 3 years ago
'Sizeable' contract win for Aker Solutions with ExxonMobil
Business & Finance

‘Sizeable’ contract win for Aker Solutions with ExxonMobil

ExxonMobil has awarded Aker Solutions with a contract to deliver dynamic and static subsea umbilicals for its recently sanctioned project in Guyana. The contract includes the delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length for the Uaru project. Project exe

about 3 years ago
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