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Maersk Supply Service wins ‘largest solutions contract to date’
Business & Finance

Brazilian FPSO deal brings Maersk Supply Service ‘largest solutions contract to date’

Maersk Supply Service has inked a deal with TechnipFMC for the comprehensive towing and mooring campaign of Petrobras’s project off Brazil.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Business & Finance

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
Sakhalin Energy exceeds its 2022 targets
Business & Finance

Sakhalin Energy exceeds its 2022 targets

Russian LNG producer Sakhalin Energy has surpassed its 2022 targets, producing about 11.5 million tonnes of LNG and 3.7 million tonnes of Sakhalin blend oil. According to the company, all products were delivered to the buyers on time in full compliance with the SPA terms. The major LNG markets inclu

about 3 years ago
shipping/Marine insurers
Business & Finance

Landmark report shows marine insurers’ portfolios not measuring up to IMO, Paris targets

A group of eight marine insurers has released the first Annual Disclosure Report for Poseidon Principles for Marine Insurance, disclosing the climate alignment of their hull and machinery portfolios. The report surveys the portfolios of the framework’s signatories in what has been described as a ‘la

about 3 years ago
The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary
Business & Finance

UK High Court quashes decision to reject £1.35 bn, 2GW interconnector

The UK High Court has quashed the decision brought at the beginning of 2022 to reject a £1.35 billion, 2 GW electricity interconnector between the UK and France. Kwasi Kwarteng, at that time Secretary of State for Business (BEIS), in January 2022 refused consent for the AQUIND interconnector despite

about 3 years ago
MPC Container Ships to buy sustainable marine diesel from INERATEC
Business & Finance

MPC Container Ships to buy sustainable marine diesel from INERATEC

Norwegian container tonnage provider MPC Container Ships has signed an offtake agreement with German e-fuels supplier INERATEC for synthetic marine diesel oil (MDO) made from biogenic CO2 and renewable hydrogen. According to MPC Container Ships, this is the industry’s first agreement for the supply

about 3 years ago
ExxonMobil
Business & Finance

Nippon Steel, Mitsubishi Corp, and ExxonMobil ally on CCS

Nippon Steel Corporation, Japan’s steel producer, Mitsubishi Corporation, a global integrated business enterprise that develops and operates businesses, and ExxonMobil Asia Pacific, an energy and petrochemical company, have signed a Memorandum of Understanding (MoU) to jointly study carbon capture a

about 3 years ago
ExxonMobil’s new oil discovery off Guyana comes with potential to underpin future development
Business & Finance

ExxonMobil’s new oil discovery off Guyana could underpin future development

ExxonMobil has made a significant oil discovery at the Stabroek block, fortifying its portfolio of development opportunities offshore Guyana.

about 3 years ago
Woodside sets its sights on sanctioning and bringing online multiple energy projects this year
Business & Finance

Australian giant sets its sights on sanctioning and commissioning several energy projects this year

A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022.

11 minutes read
UK-headquartered NDT inspections specialist eyes new markets
Business & Finance

UK-headquartered NDT inspections specialist eyes new markets

UK-headquartered NDT inspections specialist TSC Subsea has revealed plans to expand to new markets in the Middle East, Africa and South East Asia. The strategic growth plans are said to follow on from one of TSC Subsea’s most successful years to date in which the company established new bases in Bra

about 3 years ago
Equinor to tackle nonconformity on Norwegian Sea platform
Business & Finance

Equinor to tackle nonconformity on Norwegian Sea platform

Regulator has conducted an audit of Equinor’s follow-up on the maintenance of concrete structures and tension legs on a platform off Norway.

about 3 years ago
Survey services provider wanted for France-UK electricity links
Business & Finance

Tender seeks survey services for France-UK electricity links

French transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has issued a tender seeking a provider of a survey campaign for two interconnector projects. As part of the awarded framework contract, the selected party will be in charge of carrying out maintenance survey work along

about 3 years ago
New task lined up for KCA Deutag to address nonconformities on rig
Business & Finance

New task lined up for KCA Deutag to address nonconformities on rig

Norwegian regulator has carried out an audit of KCA Deutag and its management of the working environment on a rig working for Equinor.

about 3 years ago
Petrobras taken DOF vessel for ops in Brazil
Business & Finance

Petrobras takes DOF vessel for ops in Brazil

Thanks to the award of a long-term charter contract, Norway’s DOF Group has secured work in Brazil for one of its AHTS vessels.

about 3 years ago
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