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Cygnus field in the UK North Sea
Business & Finance

UK confirms new oil & gas licensing round and lifts shale ban

The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.

about 3 years ago
Transocean Norge
Business & Finance

Transocean rig to drill 17 wells for 2 oil and gas operators

Two oil and gas companies, OMV and Wintershall Dea, have awarded a drilling contract to Transocean to drill 17 wells in Norway.

about 3 years ago
Rotech moving to USA after first French offshore wind farm
Business & Finance

Rotech moving to USA after first French offshore wind farm

Rotech Subsea has secured a new contract in the U.S. after having completed a four-month cable de-burial and re-burial campaign at Saint-Nazaire, France’s first commercial-scale offshore wind farm. Rotech used its RS2 CFE equipment spread to carry out cable de-burial and re-burial on omega joints an

about 3 years ago
Two Barents Sea wells lined up for Transocean rig
Business & Finance

Two Barents Sea wells lined up for Transocean rig

Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.

about 3 years ago
US firm reveals new generation of unmanned underwater vehicles
Business & Finance

US firm reveals new generation of unmanned underwater vehicles

The U.S.-headquartered Leidos is developing new unmanned underwater vehicles (UUVs) that are planned to feature advanced artificial intelligence (AI) and sensing capabilities, among others. Leidos announced two UUVs that will feature technology to support commercial and military activities. Along wi

about 3 years ago
Offer put forward for ‘largest and most prospective oilfield’ off Benin
Business & Finance

Offer put forward for ‘largest and most prospective oilfield’ in Benin

Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.

about 3 years ago
Prosafe unit booked for Gulf of Mexico gig
Business & Finance

New Gulf of Mexico gig for Prosafe unit

Offshore accommodation rig provider Prosafe has secured work for one of its units with an undisclosed player in the U.S. Gulf of Mexico.

about 3 years ago
carbon-neutral
Business & Finance

New carbon-neutral sea route between Stockholm and Turku in the making

A new project has been launched in Finland to develop a carbon-neutral “green corridor” between Turku and Stockholm through which cargo and passengers can travel.

about 3 years ago
Stena rig spuds UK player’s North Sea asset
Business & Finance

Stena rig spuds UK player’s North Sea asset

i3 Energy has started drilling an appraisal well in the North Sea with a Stena Drilling-owned rig in a bid to find additional hydrocarbons.

about 3 years ago
Maersk Valiant drillship
Business & Finance

TotalEnergies adds another well to the work scope of Maersk drillship

A Maersk Drilling-owned drillship has been awarded a one-well extension with TotalEnergies in Suriname.

about 3 years ago
decommissioning
Business & Finance

Norwegian contractor put in charge of decommissioning 10 North Sea platforms

AF Gruppen has been awarded a contract by TotalEnergies for the removal and recycling of platforms in the Dutch sector of the North Sea.

about 3 years ago
Valaris MS-1 rig
Business & Finance

Disappointed Santos halts Barossa drilling plans after court revokes permit

A court in Australia has ruled against Santos but in favour of an indigenous group in a case related to the development of the Barossa gas project.

about 3 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Business & Finance

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 3 years ago
hydrogen
Business & Finance

EC approves up to €5.2 billion funding for second hydrogen IPCEI

The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir

about 3 years ago
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