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As Middle East ramps up oil & gas investments, EthosEnergy unveils new regional hub
Business & Finance

As Middle East ramps up oil & gas investments, EthosEnergy unveils new regional hub

EthosEnergy is expanding its presence in the Middle East to respond to the growing rotating and oil and gas equipment market.

about 3 years ago
Norway inviting applications for another CO2 storage permit
Business & Finance

Norway inviting applications for another CO2 storage permit

Norway’s Ministry of Petroleum and Energy is inviting applications for an area on the Norwegian continental shelf (NCS) that would be used for CO2 injection and storage. The area encompasses defined blocks in the North Sea. “Today’s announcement of land for the storage of CO2 is new evidence of the

about 3 years ago
Fugro
Business & Finance

Fugro, AD Ports forge ties on remote and autonomous technologies

Geo-data specialist Fugro has signed a collaborative agreement with UAE-based port operator Abu Dhabi Ports (AD Ports) that sets out combined goals to utilise remote and autonomous technologies in the region. Whilst the agreement formalises the partnership, the companies have been working together s

about 3 years ago
Dolphin Drilling cleared to take part in Petrobras rig tenders
Business & Finance

Dolphin Drilling cleared to take part in Petrobras rig tenders

Dolphin Drilling has been re-approved as an official rig supplier and will be invited to take part in Petrobras’ upcoming rig tenders.

about 3 years ago
Jaxport
Business & Finance

Jaxport wins $23.5 million in federal funding for emission reduction projects

Florida-based Jacksonville Port Authority (Jaxport) has won a $23.5 million grant from the U.S. Department of Transportation which is intended for port infrastructure projects aimed at reducing emissions. The Jaxport Express project is a $47 million public-private partnership by Jaxport and two of

about 3 years ago
First 100km of subsea cable in at Shetland HVDC link, onshore installation completed
Business & Finance

First 100km of subsea cable in at Shetland HVDC link

The first 100 kilometers of subsea cable has been installed for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea. The £660 million project will involve constructing a 260-kilometers subsea cable from Shetland to the GB mainland, linking Shetland to the national g

about 3 years ago
With another acquisition under its belt, Shell extends its UK gas portfolio
Business & Finance

With another acquisition under its belt, Shell extends its UK gas portfolio

Shell has added a gas field located West of Shetland to its asset portfolio thanks to a deal with Reabold Resources.

about 3 years ago
shipping
Business & Finance

Seaspan’s parent accepts $10.9 billion buyout bid

Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has entered into a definitive acquisition deal with the Poseidon Acquisition Corp under which Poseidon will acquire Atlas in an all-cash transaction for $10.9 billion. The deal is being struck on the b

about 3 years ago
American Southeast utility majors form hydrogen hub coalition
Business & Finance

American Southeast utility majors form hydrogen hub coalition

Several major utility companies have formed a coalition that plans to pursue federal financial support for a Southeast Hydrogen Hub, responding to the recently announced $8 billion funding opportunity from the U.S. Department of Energy (DOE). The coalition includes Dominion Energy, Duke Energy, Loui

about 3 years ago
ADNOC
Business & Finance

ADNOC Drilling, Halliburton, and SLB win new deals in UAE with total value of $4 bln

ADNOC has awarded three framework agreements valued at $4 billion for integrated drilling fluids services (IDFS).

about 3 years ago
Amogy CEO: Our goal is to cut 10 pct of global GHG emissions by 2040
Business & Finance

Amogy CEO: Our goal is to cut 10 pct of global GHG emissions by 2040

Since the official launch of Amogy in November 2020, the Brooklyn-based technology startup has had several important milestones. The company is building a zero-emission ammonia-to-power system, which aims to enable the decarbonization of heavy-duty transportation and industries, including shipping.

about 3 years ago
SeaQurrent's team in front of its TidalKite tidal energy device (Courtesy of SeaQurrent)
Business & Finance

Dutch company secures close to €5 million for tidal power technology

Dutch company SeaQurrent has closed a multi-million euro funding round, securing support from major organizations for the development of its tidal energy technology and projects.

about 3 years ago
Flow test for first well in Black Sea drilling campaign in line with expectations
Business & Finance

Flow test for first gas well in Black Sea drilling campaign in line with expectations

Trillion has revealed flow test results for the first well in its 2022 – 2023 drilling campaign on a gas field in the Black Sea off Türkiye.

about 3 years ago
Heather platform in the UK North Sea
Business & Finance

UK regulator scraps CoP reports requirement to bolster energy security

UK’s regulator says that the industry will make significant savings in time and money following its move to cut red tape and scrap the requirement for CoP reports.

about 3 years ago
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