The Union Cabinet of India, chaired by PM Shri Narendra Modi, has approved the National Green Hydrogen Mission, which aims to make the country a global hub for the production, utilisation, and export of green hydrogen and its derivatives, as well as help it become energy independent while also decar
UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it.
Danish transmission system operator (TSO) Energinet has issued a tender looking for a provider of a 145 kV submarine cable system. Energinet seeks a provider of an approximately 12-kilometer 145 kV submarine cable system, including all labor, equipment and materials required for design, fabrication
The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-
UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.
Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a
BW Energy has spudded the first well in its multi-well drilling campaign offshore Gabon with a Borr Drilling-owned jack-up rig.
UAE-based offshore drilling contractor Shelf Drilling has won a long-term deal for one of its jack-up rigs for operations offshore India.
As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.
Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK.
Green Hydrogen Systems, a Denmark-based provider of modular electrolysers to produce green hydrogen based on renewable electricity, has delivered A-Series electrolyser units in December 2022 to two customers to provide green hydrogen for seasonal electricity and maritime use. The company said it wil
Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U
Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco
