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Damen Shipyards
Business & Finance

Simply Blue, Irving Oil to jointly explore opportunities for renewable energy hub in Ireland

Simply Blue Group and Irving Oil have signed a Memorandum of Understanding (MoU) to explore opportunities related to the development of an integrated renewable energy hub at the Irving Oil Whitegate Refinery in Ireland. The Whitegate Refinery is the country’s only refinery and a critical part of the

about 3 years ago
Financial close in place for $3.8 billion decarbonization project in UAE
Business & Finance

Financial close in place for $3.8 billion decarbonization project in UAE

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have completed the financial closing of what is said to be the first-of-its-kind subsea transmission network in the MENA region. The $3.8 billion strategic project is set to power and significantly decarbonize A

about 3 years ago
OMV is using the Maersk Intrepid jack-up rig
Business & Finance

OMV to drill sidetrack and perform well test after confirming gas and condensate in North Sea well

OMV has confirmed a gas-condensate discovery at its Oswig exploration well located in the North Sea and decided to drill a sidetrack well.

about 3 years ago
Carbon Ridge
Business & Finance

Carbon Ridge secures funds for onboard carbon capture tech development

Carbon Ridge has raised $6 million in funding to continue the development of its OCCS technology for an onboard pilot in 2023.

about 3 years ago
Sonardyne opens new South East Asia HQ
Business & Finance

Sonardyne opens new South East Asia HQ

UK-headquartered marine technology company Sonardyne has officially opened its new South East Asia headquarters in Singapore. The three-story facility, located at Loyang Offshore Supply Base, has been completely remodelled and refitted to meet Sonardyne’s operational needs. It comprises offices and

about 3 years ago
Energean - Abu Qir concession in Egypt.
Business & Finance

Gas production starts from new well off Egypt

E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.

about 3 years ago
Five-year drilling deal in UK for oilfield services provider
Business & Finance

Five-year drilling deal in UK for oilfield services provider

Archer has secured a long-term platform drilling contract – worth around $50 million – in the UK with an undisclosed operator.

about 3 years ago
UK’s first carbon storage licencing round brings 26 bids from 19 players
Business & Finance

UK’s first carbon storage licensing round brings 26 bids from 19 players

The UK’s first-ever carbon storage licensing round, encompassing 13 areas, has attracted 26 bids from 19 industry players.

about 3 years ago
TechnipFMC wins EPCI contract for Shell's UK North Sea gas project
Business & Finance

TechnipFMC wins EPCI contract for Shell’s North Sea gas project

Shell has awarded TechnipFMC with an engineering, procurement, construction and installation (EPCI) contract for the Jackdaw development offshore the UK. The contract covers pipelay for a 30-kilometer tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as the delivery of an

about 3 years ago
BP prolongs Prosafe unit’s stay in UK North Sea
Business & Finance

BP prolongs Prosafe unit’s stay in UK North Sea

Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units with BP in the UK North Sea.

about 3 years ago
More work offshore Norway for Floatel units
Business & Finance

More work offshore Norway for Floatel units

Floatel International has secured contract extensions with Equinor for two units operating offshore Norway.

about 3 years ago
Ex-Oceaneering subsea head to lead Rovco's US expansion
Business & Finance

Ex-Oceaneering subsea head to lead Rovco’s US expansion

UK-headquartered subsea technology company Rovco has entered the U.S. offshore wind market with the strategic appointment of the director for the Americas. Located in New York, Mitchell Johnson has been appointed to expand the company’s global footprint and establish operations in the U.S. According

about 3 years ago
Wave energy technologies proceeding to next phase of EuropeWave project (Courtesy of EuropeWave)
Business & Finance

Five wave energy projects proceed to next phase of EuropeWave

Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.

about 3 years ago
EnVen
Business & Finance

Talos to double operated deepwater footprint after agreeing to buy EnVen

Talos Energy has announced the execution of definitive agreements to acquire EnVen Energy Corporation for $1.1 billion.

about 3 years ago
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