Korea Shipbuilding and Offshore Engineering (KSOE), a research-oriented intermediate holding company of the Hyundai Heavy Industry (HHI) Group, Germany’s Fraunhofer Institute for Ceramic Technologies and Systems (IKTS), and European solid oxide systems (SOC) producer ELCOGEN have agreed to collabora
Zenith Energy has been awarded a three-month exclusivity period to negotiate and finalise terms of a PSC for a block offshore Benin.
Prysmian Group’s cable-laying vessel Cable Enterprise has begun the cable-laying operations for a new submarine power interconnection in Spain. The Italian cabling giant reported on 9 January that the cable layer started work for the new electricity link between Ibiza and Formentera, awarded by Span
The US Department of Energy (US DOE) has expanded its largest ever investment in tidal energy with additional $10 million, reserved for community-led tidal and current energy projects.
Masirah Oil, a subsidiary of Singapore’s Rex International, has completed its drilling campaign off Oman with Shelf Drilling’s jack-up rig.
Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $
Oilfield services provider Archer has closed the acquisition of plug and abandonment (P&A) specialist Romar-Abrado, increasing its guidance for this year. The acquisition is based on an enterprise value of $8 million, plus earn-out pending trading performance over 2023 to 2025, and is conducted on a
Dolphin Drilling has received a new Letter of Award (LOA) for a semi-submersible rig, which will prolong the rig’s assignment off Nigeria.
UAE-headquartered Shelf Drilling has won a contract extension for one of its jack-up rigs for operations off Egypt.
Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?
Bloom Energy, a US-based green energy company, has partnered up with Telam Partners, a senior advisory firm specialised in the financing and market entry of energy, infrastructure, and technology projects, to expand its services, which include electrolyzers and hydrogen, into Spain and Portugal. Acc
Transocean has kicked off a private offering of $500 mil of secured notes to cover in part the acquisition of its second, 8th-gen drillship.
Norwegian green hydrogen company Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, have signed a memorandum of understanding (MoU) to pursue an offtake agreement for compressed green hydrogen. On 6 January, the companies said they were discussing a long-term
An energy transition project comprised of 14 partners, WHISPER, has been granted €9,2 million in funding from Horizon Europe, which will include retrofitting ships to achieve emission reductions.
