French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.
Reach Subsea, a data and subsea service provider for ocean-based industries, has entered a charter contract and corresponding option arrangement with Olympic Subsea, a provider of marine transportation services, for the multifunctional subsea support and construction vessel Olympic Triton.
Norway’s Ministry of Petroleum and Energy has decided to resume the license processing of the application for the development of a 1.4 GW overseas interconnector between Norway and the UK after the processing was put on hold back in 2020. In a letter dated 25 March 2020, the Norwegian ministry infor
Norwegian regulator has conducted an audit of the management of emergency preparedness and helidecks at Equinor’s two North Sea platforms.
The North Sea Chapter of the International Association of Drilling Contractors (IADC) is calling on the Scottish and UK Governments and the oil and gas industry to cooperate to better effect and ensure the sector takes a balanced, long-term approach to the energy transition. The move comes in respon
UK-based shipowner Lomar Shipping, part of LIbra Group, has secured a $27.5 million credit facility from Australian financial services firm Macquarie Group to refinance two vessels in its diverse fleet.
Novatek, an independent natural gas producer in Russia, and Deepak Fertilisers and Petrochemicals Corporation, India’s producer of fertilisers and industrial chemicals, have signed a non-binding Memorandum of Understanding (MoU) regarding the supply of LNG and low-carbon hydrogen and ammonia. The Mo
The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?
New Fortress Energy (NFE) has reached an agreement with Golar LNG for the sale of its ownership stake in FLNG Hilli in exchange for Golar’s remaining 4.1 million shares in NFE and $100 million in cash. Pursuant to the transaction, Golar LNG will acquire NFE’s entire interest in the 2.4 mtpa floating
Offshore drilling contractor Stena Drilling has secured a new contract for a semi-submersible rig with Ithaca Energy for operations off the UK.
Britain could benefit from an additional £1.8 billion a year if it were to tax shipping emissions, a new Transport & Environment (T&E) analysis shows.
The UK National Grid’s subsea electricity interconnectors achieved a record in January with more power being imported in and exported out of the UK than ever. The five interconnectors, which connect Great Britain with France, Belgium, the Netherlands and Norway, transported almost 12 per cent more p
Abu Dhabi’s renewable energy company Masdar has opened a new office in Baku, Azerbaijan, to strengthen its support for the country’s renewable energy development. During the inauguration event for the office, located in Port Baku Tower, Masdar pledged to work with the goverment and other stakeholder
Energy companies HH2E and LEAG have signed a Memorandum of Understanding (MoU) in which they confirmed their intention to work together to set up a regional and national green hydrogen economy in Germany. According to HH2E, this should happen in connection with planned projects of both companies in
