A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Said to be the largest energy project in Israel’s history, the deep-sea field sta
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this
Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.
After granting three electricity interconnector licenses earlier this month, UK energy market regulator Ofgem has awarded another one, this time for a project that is set to link the UK and the Netherlands. A gas interconnector license was granted to NU-Link Interconnector UK Ltd on 9 February, auth
BSEE has outlined five recommendations for oil and gas operators that could assist in avoiding potential incidents on the Outer Continental Shelf (OCS).
Technology company ZeroNorth, a digital spin-off of Maersk Tankers, has acquired Singapore-based platform for marine fuel suppliers BTS PTE Ltd. to support bunker suppliers to digitalise operations and reach decarbonisation goals. Under the agreement, ZeroNorth will acquire BTS’ flagship suite of se
Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Forum Energy Technologies (FET) has entered into an agreement with DOF Subsea for the delivery of four of its work-class remotely operated vehicles (ROVs).
Argeo has completed a conversion and rigging program for Argeo Searcher, making the vessel ready to enter commercial autonomous underwater vehicle (AUV) operations. Following the “rigorous” conversion and shakedown program, Argeo Searcher is fully equipped with two SeaRaptor AUVs and can, with dual
French energy group ENGIE is moving to the second stage of its strategic plan, stepping up growth in the energy transition with an emphasis on renewables. The group said its 2021-23 strategic plan has been successfully executed and the time has come to move on to the second stage. ENGIE said its geo
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFE
