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FEED services provider wanted for Dutch CO2 storage project
Business & Finance

FEED services provider wanted for Dutch CO2 storage project

TotalEnergies EP Nederland has issued a tender searching for a provider of the front-end engineering and design (FEED) of the trunkline for the Aramis CO2 storage project. The Aramis project is a cooperation initiative between EBN, Gasunie, Shell and TotalEnergies to explore the joint development of

about 3 years ago
Inseanergy’s floating solar unit (Courtesy of Inseanergy)
Business & Finance

AKVA Group, Inseanergy team up to decarbonize aquaculture using floating solar

AKVA Group and Norwegian floating solar company Inseanergy have signed a letter of intent for the supply and integration of green energy solutions to the aquaculture industry.

about 3 years ago
KARMOL secures $71 million loan for Senegal FSRU
Business & Finance

KARMOL secures $71 million loan for Senegal FSRU

KARMOL, a joint venture between Turkish Karpowership and Japanese Mitsui O.S.K. Lines (MOL), has reached an agreement with Japanese banks to finance its first floating storage and regasification unit (FSRU) in Senegal. KARMOL, through Senegal LNGT Company Limited, signed the loan agreement with Japa

about 3 years ago
GTT to design LNG carriers' tanks for Hyundai Samho
Business & Finance

GTT nets LNGC and VLECs tank design orders

French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers

about 3 years ago
Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem
Business & Finance

Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem

Five oil & gas firms have inked an industry collaboration agreement with a software company to standardize the digital supply of spare parts.

about 3 years ago
Illustration/NSWC Carderock – Maneuvering and Seakeeping Basin (MASK) – one of TEAMER network facilities (Courtesy of TEAMER)
Business & Finance

TEAMER picks 12 marine energy projects for $1.2 million in research support

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 12 projects to receive technical support for testing marine energy technologies as part of its eighth call for applications.

about 3 years ago
Wintershall Dea exiting Russia as operations are "not tenable"
Business & Finance

Wintershall Dea exiting Russia as operations are “not tenable”

Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that continuing to operate in Russia is “not tenable” and that Russia’s aggression on Ukraine is incompatible with the company’s values. The Supervisory Board approved a principle decision by the Management Board

about 3 years ago
Fresh gas discovery in Norwegian Sea puts tie-back potential on the table
Business & Finance

Fresh gas discovery in Norwegian Sea puts tie-back potential on the table

Norwegian state-owned energy giant Equinor has made a new commercial gas discovery in the Norwegian Sea using an Odfjell Drilling-owned rig.

about 3 years ago
Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030
Business & Finance

Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030

Transocean has kicked off a private offering of $1.175 bln of secured notes due in 2030 to cover the redemption of outstanding existing ones.

about 3 years ago
Gasunie joins hydrogen storage pilot project in Germany
Business & Finance

Gasunie joins hydrogen storage pilot project in Germany

Energy infrastructure company Gasunie has partnered up with the storage operator STORAG Etzel for H2CAST, the hydrogen storage project in the Etzel caverns in the German state of Lower Saxony. Gasunie said that with H2CAST, which stands for H2 CAvern Storage Transition, the two companies, together w

about 3 years ago
UK firm chosen to drill well offshore Isle of Man
Business & Finance

UK firm chosen to drill well offshore Isle of Man

Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy with a contract to drill an appraisal well this year in the Crogga gas field in the Irish Sea. The 112/25a-2 appraisal well, called Independence, will be used to establish commercial flow rates of gas

about 3 years ago
New FPSO sets foot in Brazil for final commissioning before production start-up
Business & Finance

New FPSO arrives in Brazil for final commissioning ahead of production start-up

MODEC’s new FPSO has arrived in Brazil to get ready for work in the pre-salt Santos Basin for the country’s energy giant, Petrobras.

about 3 years ago
UK’s first licensing round since 2019 brings 115 bids from 76 oil & gas firms
Business & Finance

UK’s first licensing round since 2019 brings 115 bids from 76 oil & gas firms

The UK’s 33rd offshore oil and gas licensing round has attracted a total of 115 bids across 258 blocks and part-blocks from 76 companies.

about 3 years ago
Image credit HAROPA PORT
Business & Finance

HAROPA PORT reveals €590m investment in decarbonized industrial cluster

In 2022, HAROPA PORT, France’s leading port, saw over half a billion euros invested in the development of a decarbonized industrial cluster at the port. “The ecological and energy transition account for 16% of the port’s investments in 2022 and will increase to 19% in 2023,” the port authority said.

about 3 years ago
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