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Norway’s oil & gas output goes up a notch in December
Business & Finance

Norway’s oil & gas output goes up a notch in December

Norway recorded a slight increase in oil and gas production in December compared to the figures from November 2022.

about 3 years ago
KSOE VLGC
Business & Finance

KSOE starts 2023 with a bang, inks $195 mln VLGC contract

South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) is off to a strong start to the year revealing a third shipbuilding deal this week. The company said in a stock exchange filing that it had won a contract for the construction of two very large gas carriers (VLGCs). The

about 3 years ago
Saipem collects $900 million in new contracts
Business & Finance

Saipem collects $900 million in new contracts

Italian oilfield services provider Saipem has secured two contracts, one in Brazil and one in Norway, for a total amount of approximately $900 million. The first contract was secured with TotalEnergies in partnership with Aker Solutions do Brasil for the Lapa South-West development project, a deepwa

about 3 years ago
Clean Hydrogen Partnership launches €195M call for clean hydrogen technologies
Business & Finance

Clean Hydrogen Partnership launches €195M call for clean hydrogen technologies

Clean Hydrogen Joint Undertaking, also known as the Clean Hydrogen Partnership, has launched its 2023 call for proposals for the development of clean hydrogen technologies. The call was launched on 17 January with a total of €195 million to be made available for projects that support the creation of

about 3 years ago
Borr Drilling wins work in Latin America for jack-up rig
Business & Finance

Borr Drilling’s jack-up rig wins work in Latin America

Borr Drilling has received a letter of award (LOA) for one of its premium jack-up drilling rigs with an undisclosed company in Latin America.

about 3 years ago
Noble jack-up rig ready to embark on its new gig in North Sea
Business & Finance

Noble jack-up rig ready to embark on its new gig in North Sea

Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.

about 3 years ago
Snam to pour €10 billion by 2026 in Italy’s gas security
Business & Finance

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
Höegh LNG and Germany firm up second 10-year FSRU charter deal
Business & Finance

Höegh LNG and Germany firm up second 10-year FSRU charter deal

Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef

about 3 years ago
Equinor given the all-clear for North Sea drilling ops with Transocean rig
Business & Finance

Equinor secures the all-clear for North Sea drilling ops with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs for drilling ops in the North Sea.

about 3 years ago
ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan
Business & Finance

ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan

ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa

about 3 years ago
NextDecade adds ITOCHU to Rio Grande LNG buyers list
Business & Finance

NextDecade adds ITOCHU to Rio Grande LNG buyers list

US energy company NextDecade has entered into a sale and purchase agreement (SPA) with Japanese general trading company ITOCHU Corporation for the supply of liquefied natural gas (LNG) from its Rio Grande LNG export project in Brownsville, Texas. Under the agreement, ITOCHU will purchase 1.0 million

about 3 years ago
Saipem unveils new solution for offshore energy operators
Business & Finance

Saipem unveils new solution for offshore energy operators

Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.

about 3 years ago
Equinor gearing up to drill Norwegian Sea prospect
Business & Finance

Equinor gearing up to drill Norwegian Sea prospect

Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.

about 3 years ago
DNV certifies first Danish CO2 storage project
Business & Finance

DNV certifies first Danish CO2 storage project

Project Greensand, a CO2 storage project being developed in Denmark, has received safety certification from DNV for its pilot phase. DNV has confirmed that the safety of the design and components meets Danish legislation as well as Danish and international standards. The awarding of the Statement of

about 3 years ago
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