Gas leaks from the Nord Stream 1 and 2 pipelines in the Baltic Sea have stopped after stable pressure was achieved over the weekend, the Danish Energy Agency announced. A stable pressure was achieved on the Nord Stream 2 pipeline on Saturday, 1 October, indicating that the blowout of gas had been co
Brazilian state-owned oil and gas player Petrobras has interrupted production at a field offshore Brazil due to a reduction in gas demand.
Petrofac has taken over the operatorship of a floating production, storage and offtake (FPSO) vessel on behalf of the Australian government.
The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.
Paris-headquartered Groupe Gorgé has completed the acquisition of iXblue, bringing it under the same roof as ECA Group. According to iXblue, the two companies will benefit from a global workforce of 1,500 persons and will achieve an annual turnover of €250 million. “In addition to our complementary
Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units in the UK North Sea.
Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr
US-based ammonia power solutions company Amogy has launched operations in Norway and hired a former director at Yara Clean Ammonia to work on accelerating the company’s effort in commercializing its ammonia-to-power technology. Amogy announced the opening of its Norway operations on 29 September wit
EnQuest has achieved a milestone in the decommissioning of the Heather asset in the UK North Sea following the award of a topside removal contract.
Maersk Drilling has secured a contract from Shell for the provisioning of a semi-submersible rig in the Campos basin offshore Brazil.
DOF Subsea has secured multiple contracts in the Atlantic region and in the Gulf of Mexico totaling more than 680 vessel days and bringing in around $108 million. DOF Subsea will use its Skandi Acergy, Skandi Constructor, Skandi Seven, Skandi Skansen, Skandi Hera and selected third-party vessels for
Equinor has decided to exercise its option to add another well to the backlog of an Odfjell Drilling-owned rig.
Canadian pipeline company Enbridge has acquired Tri Global Energy (TGE), the US renewable project developer, to speed up its growth strategy in North America. Enbridge has closed the acquisition for $270 million in cash and assumed debt. Additionally, up to approximately $50 million in payments coul
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has released a $10.3 million funding opportunity to accelerate the development and testing of renewable marine energy technologies with a focus on wave and ocean current resources.
