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Helix Robotics charters Glomar vessel for three years
Business & Finance

Helix Robotics charters Glomar vessel for three years

Helix Robotics Solutions has entered into a three-year charter agreement for the DP2 offshore support vessel Glomar Wave for work in the renewables and oil and gas sectors. The 66.4-meter multi-role vessel can be configured with one or two remotely operated vehicles (ROVs) and Helix’s new custom-bui

about 3 years ago
EU approves €1.1 billion Danish scheme for carbon capture and storage
Business & Finance

EU approves €1.1 billion Danish scheme for carbon capture and storage

The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and e

about 3 years ago
Vision Energy adds new subsidiaries for its project in the Netherlands
Business & Finance

Vision Energy adds new subsidiaries for its project in the Netherlands

Vision Energy has incorporated new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators, and launching customers for its integrated Green Energy Hub development in the North Sea Port of Vlissingen, the Netherlands. It incorporated Vision Hydrogen BV as a projec

about 3 years ago
South America to stay 'key region for high-impact exploration', Westwood says in 2023 outlook
Business & Finance

South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor

about 3 years ago
One third of TotalEnergies’ investments now in renewable energy and clean fuels
Business & Finance

One third of TotalEnergies’ investments now in renewable energy and clean fuels

TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it

about 3 years ago
2014-built multi-purpose support vessel getting battery hybrid system
Business & Finance

2014-built multi-purpose support vessel getting battery hybrid system

DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati

about 3 years ago
ADNOC buying stake in Austrian oil and gas firm
Business & Finance

ADNOC starts new business venture ADNOC Gas

Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has established ADNOC Gas, a new world-scale gas company that will combine the operations, maintenance, and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global consolidated business. The n

about 3 years ago
New assignment for Equinor to tackle nonconformities at North Sea project
Business & Finance

New assignment for Equinor to tackle nonconformities at North Sea project

Norway’s regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
US company expands subsea product portfolio for offshore wind market
Business & Finance

US company expands subsea product portfolio for offshore wind market

Panduit, a US provider of electrical and network infrastructure solutions, has bought the subsea cable and pipe protection product portfolio and related technologies from South Korea marine manufacturer DongWon EN-Tec (DWE).

about 3 years ago
Shell unveils five energy sector trends to watch in 2023
Business & Finance

Shell unveils five energy sector trends to watch in 2023

Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.

about 3 years ago
Strohm receives its 'largest order to date' from ExxonMobil
Business & Finance

Strohm receives its ‘largest order to date’ from ExxonMobil

Dutch Strohm has secured a second contract with U.S. oil and gas giant ExxonMobil for the delivery of thermoplastic composite pipe (TCP) jumpers for a field development located offshore Guyana. The award, said to mark Strohm’s largest order so far, will see the delivery of more than 24 of the compan

about 3 years ago
GlobalData: Shell dominated long-term LNG import contract volumes in 2022
Business & Finance

GlobalData: Shell dominated long-term LNG import contract volumes in 2022

Oil and gas major Shell led the global long-term liquefied natural gas (LNG) import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), data and analytics company GlobalData found in its new report. According to GlobalData’s

about 3 years ago
Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics
Business & Finance

Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics

Australian Provaris Energy has signed a Memorandum of Understanding (MoU) with Norwegian Hydrogen AS, a developer of hydrogen production hubs and value chains, to collaborate on the development of green hydrogen value chain projects in the Nordics, Europe. The scope of the MoU will focus on the deve

about 3 years ago
CNOOC bringing multiple oil & gas projects online in 2023 while bolstering transition to low-carbon and green energy
Business & Finance

Multiple oil & gas, low-carbon and green energy projects on CNOOC’s agenda for 2023

CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.

about 3 years ago
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