The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
Golden Energy Offshore Services (GEOS) has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol.
Finnish cleantech company Norsepower Oy has signed a contract with global shipping company IINO Lines for the delivery and installation of two Norsepower Rotor Sails™ on a newbuild Very Large Gas Carrier (VLGC). The LPG dual-fuel vessel was delivered today from Daewoo Shipbuilding & Marine Engineeri
Jersey Oil & Gas plc is in the process of finalising a farm-out process with an undisclosed operator for an asset in the North Sea.
Odfjell Drilling has inked two letters of intent with an undisclosed client for one of its rigs to carry out drilling activities in the North Sea.
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
Chinese oil and gas player CNOOC and French energy giant TotalEnergies have completed China’s first yuan-settled LNG trade through the Chinese energy trading centre Shanghai Petroleum and Natural Gas Exchange (SHPGX). According to SHPGX’s statement from 28 March, TotalEnergies supplied CNOOC with ap
Italian energy giant Eni has created a new venture called Enivibes, dedicated to increasing the market value of its proprietary vibroacoustic pipeline monitoring system technology. The establishment of the new venture comes as Eni wishes to enhance the market value of its proprietary technology call
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Valaris has revealed that one of its jack-up rigs is in the process of wrapping up preparations in Singapore for its new contract with Shell.
The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
Brazil’s Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.
Trillion Energy has put the fourth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye into production.
