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Allseas to install natural gas pipeline offshore Mexico
Business & Finance

Allseas to install 700-kilometer natural gas pipeline offshore Mexico

Allseas has won a contract with TC Energy (TCE) to install the offshore stretch of the Southeast Gateway Pipeline in the Gulf of Mexico. The 700-kilometer natural gas pipeline will run south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bocas. Allseas’ scope covers

about 3 years ago
European countries eye stronger energy security with Black Sea interconnector
Business & Finance

European countries eye stronger energy security with Black Sea interconnector

A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.

about 3 years ago
All three wells back on stream off Brazil
Business & Finance

All three wells back on stream off Brazil

Brazilian oil and gas player Enauta has restarted production from three wells located on a field offshore Brazil.

about 3 years ago
Höegh LNG cleared for merger with Höegh LNG Partners
Business & Finance

Höegh LNG cleared for merger with Höegh LNG Partners

Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the

about 3 years ago
Shell will use the Deepsea Yantai rig
Business & Finance

Shell books semi-sub rig for P&A ops on two North Sea fields

Oil major Shell has secured a semi-submersible rig for plug and abandonment operations on two of its fields located offshore Norway.

about 3 years ago
Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path
Business & Finance

Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path

The UK’s National Oceanography Centre (NOC) has kicked off research on end-of-life oil fields in the North Sea using the robot submarine Boaty McBoatface with the aim of helping monitor and protect the marine environment and support industry transition towards net-zero targets. The Autosub Long-Rang

about 3 years ago
Norway: Oil production grows in August but gas output falls
Business & Finance

Norway: Oil production grows in August but gas output falls

Norway recorded lower gas production in August 2022 compared to the figures from July 2022 while the oil output is higher than last month.

about 3 years ago
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
Business & Finance

UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator

The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.

about 3 years ago
New Dutch donation to bridge funding gap, allowing UN to embark on salvage ops for ‘ticking timebomb’ in Red Sea
Business & Finance

New Dutch donation to bridge funding gap for UN’s salvage ops in Red Sea

With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.

about 3 years ago
German government takes control of Uniper to secure energy supply
Business & Finance

German government takes control of Uniper to secure energy supply

The German government has signed an agreement in principle with energy companies Fortum and Uniper for a long-term solution that will allow the German State to take full control of Uniper and secure energy supply in the country. The parties have agreed on an amendment to the package of measures anno

about 3 years ago
Stena Forth drillship
Business & Finance

Chevron and partners prepare investment for Aphrodite gas field as Cyprus and Israel push for swift resolution of reservoir dispute

Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.

about 3 years ago
Aramco CEO calls for ramp up of oil & gas investments and ‘more credible’ transition plan to tackle energy security challenges
Business & Finance

Aramco CEO calls for investments in oil & gas and ‘more credible’ energy transition plan

Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.

about 3 years ago
Aker BP picks compatriot firm for oil spill monitoring system
Business & Finance

Aker BP picks compatriot firm for oil spill monitoring system

Norway’s oil and gas company Aker BP has selected compatriot technology supplier Vissim to develop an expanded digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf. Vissim will develop a software solution that integrates input from a number of diff

about 3 years ago
Pilbara
Business & Finance

Norwest Energy partners with Pilbara Clean Fuels on eLNG plant project in WA

Perth-based energy company Norwest Energy has reached an agreement to acquire a 20% equity interest in Pilbara Clean Fuels (PCF), a company formed to progress the development of clean fuels production opportunities at Port Hedland, Western Australia. PCF is progressing a development concept for a mi

about 3 years ago
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