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Energean on track to ramp up its oil & gas output with new projects coming online this year
Business & Finance

Energean on track to ramp up its oil & gas output once new projects come online

Energean is set on reaching its medium-term production target by boosting output from a field off Israel and bringing new projects on stream.

about 3 years ago
Nauticus Robotics kick-starts its international expansion with new operating bases
Business & Finance

Nauticus Robotics kick-starts its international expansion with new operating bases

Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.

about 3 years ago
IHI and Gentari ally on green ammonia production and sales in Malaysia
Business & Finance

IHI and Gentari ally on green ammonia production and sales in Malaysia

Japan’s IHI Corporation has signed a Memorandum of Understanding (MoU) with Gentari Hydrogen, a clean energy solutions entity wholly-owned by PETRONAS, to evaluate the feasibility of leveraging solar resources of Malaysia to produce and sell green ammonia derived from renewables. Under the MoU, IHI

about 3 years ago
With FPSO remediation winding down, production restart from Australian field targeted for next month
Business & Finance

With FPSO remediation winding down, production restart from Australian field targeted for next month

Jadestone Energy is expecting to wrap up remaining works and restart production from a field off Australia during the next month.

about 3 years ago
Ocean Installer makes a comeback
Business & Finance

Ocean Installer makes a comeback

Norway-based Havfram Subsea is reclaiming the Ocean Installer brand following the announcement of the sale of its offshore wind business line. Havfram’s subsea business was known as Ocean Installer from the company’s inception in 2011, with the 2020 name change reflecting its diversification into th

about 3 years ago
Gen2 Energy and Norsk e-Fuel to boost green industry in Norway
Business & Finance

Gen2 Energy and Norsk e-Fuel to boost green industry in Norway

Norsk e-Fuel, an industrial consortium for creating sustainable fuel, and Gen2 Energy, a Norwegian green hydrogen company, have signed a Memorandum of Understanding (MoU) to collaborate in the development of Mosjøen as a key location and workplace for the green industry in Norway. The collaboration

about 3 years ago
While sanctioning of one UK project gets delayed, another North Sea prospect nears spud date with rig picked out
Business & Finance

UK prospect nears spud date, while sanctioning of another West of Shetland project gets delayed

A rig has been hired for the drilling of a prospect in the UK later this year, but a FID for another project has been postponed.

about 3 years ago
UK regulator launches consultation on new carbon storage data powers
Business & Finance

UK regulator launches consultation on new carbon storage data powers

The North Sea Transition Authority (NSTA) has launched a consultation on information and sample-related matters in Carbon Dioxide Appraisal and Storage and Petroleum Licences, and the principle of new data powers in support of energy security and the transition to net zero. The UK regulator is aimin

about 3 years ago
Will energy infrastructure be an ace up Europe's decarbonisation sleeve?
Business & Finance

Will energy infrastructure emerge as an ace up Europe’s decarbonisation sleeve?

A new report on Europe’s energy transition progress highlights the key role energy infrastructure is playing in driving decarbonisation.

about 3 years ago
Oman LNG inks supply deals with TotalEnergies and Thailand’s PTT
Business & Finance

Oman LNG inks supply deals with TotalEnergies and Thailand’s PTT

Oman LNG has signed two binding term-sheet agreements, one with French energy major TotalEnergies and one with Thailand’s PTT Global LNG Company, to supply 1.6 million metric tonnes per annum (mtpa) of LNG starting from 2025, according to Omani state news agency. The agreement with TotalEnergies wil

about 3 years ago
All-systems-go for Equinor to deploy Shelf Drilling rig at North Sea field
Business & Finance

All-systems-go for Equinor to deploy Shelf Drilling rig at North Sea oil & gas field

Equinor has received consent from Norway’s regulator to use Shelf Drilling’s jack-up rig for drilling ops at a field in the North Sea.

about 3 years ago
Fugro takes its survey services to Brunei
Business & Finance

Fugro takes its survey services to Brunei

Netherlands-headquartered Fugro has secured a contract with Petronas Carigali Brunei to perform surveys at a deepwater gas field development offshore Brunei. Fugro will deliver various site characterization surveys to support the front-end engineering design for offshore production facilities and th

about 3 years ago
Development of TA’ZIZ ammonia facility in Abu Dhabi gains ground
Business & Finance

Development of TA’ZIZ ammonia facility in Abu Dhabi gains ground

ADNOC’s Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) has signed a shareholder agreement with Fertiglobe, a strategic partnership between ADNOC and OCI Company, South Korea’s GS Energy Corporation, and Japan’s Mitsui & Co to develop a 1 million tonnes per annum low-carbon ammonia production facil

about 3 years ago
Well test results at North Sea project ‘unexpected and disappointing’
Business & Finance

Well test results at North Sea gas project ‘unexpected and disappointing’

IOG may need to go back to the drawing board to formulate a new plan for the production from the Southwark field in the North Sea.

about 3 years ago
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