Orcadian Energy has entered into a non-binding heads of agreement with Rapid Oil to dispose of its interests in two North Sea discoveries.
Trillion Energy is planning to add three sidetrack wells to the development program for the SASB gas field, increasing the total number of wells at the Black Sea project from 17 to 20. Trillion Energy said it had identified several additional opportunities to increase production at the SASB gas fiel
Startup climate-tech company Seabound has teamed up with Crestchic Loadbanks, a specialist in the provision of load bank testing equipment, to test Seabound’s carbon capture prototype. London-based Seabound has developed a unique carbon capture device that traps and stores CO2 from fuel exhaust with
TechnipFMC has secured an engineering, procurement, construction, and installation (EPCI) contract with oil and gas company Wintershall Dea Norge for a gas field located offshore Norway. The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, wh
EU Innovation Fund will provide a €4.5 million grant for four Belgian companies, Prefer, a manufacturer of construction materials, Fluxys Belgium, an infrastructure operator, Lhoist, a lime producer and supplier of CO2, and Orbix, a holder of the technology and ad-hoc raw materials, for their joint
Shell has made a gas discovery in an exploration well in the North Sea, which was spudded using a Noble-owned rig.
Norway has offered production licenses to 25 companies for further exploration activity on the Norwegian continental shelf (NCS).
Norwegian seismic company PGS is supporting the upcoming Nigeria 2022 Mini Bid Round with a range of 3D coverage over the seven blocks that will be on offer. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced in mid-December 2022 that it is planning to hold a mini-bid round for
Danish container shipping major Maersk has appointed a new executive leadership team as the company kick-starts the year under the helm of Vincent Clerc as CEO. As we reported earlier, Clerc took over the reins at A.P. Moller – Maersk on January 1, 2023, following the retirement of his predecessor S
Pakistan’s government has decided to sell two LNG-fired plants to Qatar in a direct $1.5 billion deal to avoid a looming sovereign default, according to reports by Pakistani media outlets. Pakistani daily newspaper The Express Tribune writes that “the government has quietly delisted two power plants
Ocyan, a subsidiary of the Novonor group that provides solutions for the upstream offshore oil and gas industry in Brazil and abroad, and LZ Energia, developer of technological solutions to reduce its customers’ operations fuel consumption and air pollution, have appointed DNV, the global independen
Pipeshield International and Subsea Innovation, Tekmar Group companies, have secured several contracts described as “significant”.
Solstad Offshore’s platform supply vessel (PSV) Normand Leader has saved 29 per cent of emissions and fuel consumption compared to a normal transit and only minor vessel speed alternations. Solstad said it had worked with partner VPS Decarbonization over the last weeks to use data analytics to save
Forum Energy Technologies (FET) has delivered three work-class remotely operated vehicles (ROVs) to Brazil-based OceanPact for deployment on Petrobras’ oilfields. The three 200HP Perry XLX-C ROVs, manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, will be deployed on two of OceanP
