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UK trade body calls on govt to prioritise domestic energy production
Business & Finance

UK trade body calls on govt to prioritise domestic energy production

As sanctions lead to supply and price shocks, Offshore Energies UK has urged the UK government to prioritise domestic energy production.

about 4 years ago
Australian field to undergo temporary shut-in as several factors conspire to delay repairs
Business & Finance

Production temporary shut-in at Australian field to get repairs out of the way

Jadestone Energy has made up its mind to temporarily halt production from its field in the Timor Sea off Australia to complete tank repairs.

about 4 years ago
Triton-C being prepared for WETS deployment (Courtesy of Oscilla Power)
Business & Finance

Oscilla Power secures $500K in ongoing crowdfunding campaign

US-based wave energy company Oscilla Power has raised over $500,000 in an ongoing crowdfunding campaign on StartEngine platform.

about 4 years ago
Polish player all set to drill Norwegian Sea wildcat with Odfjell rig
Business & Finance

Polish player all set to spud Norwegian Sea wildcat with Odfjell rig

PGNiG has secured a drilling permit for a wildcat well in the Norwegian Sea, which will be spudded with a rig managed by Odfjell Drilling.

about 4 years ago
Illustration (Courtesy of US DOE)
Business & Finance

US DOE sets aside $10 million to advance marine energy innovation

The US Department of Energy (US DOE) has published a notice of intent to issue a $10 million funding opportunity to support innovation in the marine energy sector and contribute to the development of stronger blue economy markets.

about 4 years ago
Fresh deepwater gas discovery for Shell offshore Colombia
Business & Finance

Fresh deepwater gas discovery for Shell offshore Colombia

Shell has made a natural gas discovery in the Gorgón-2 exploration well, drilled in the deep waters offshore Colombia.

about 4 years ago
Altera Infrastructure
Business & Finance

Altera Infrastructure enters Chapter 11 to tackle its debt

UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.

about 4 years ago
Havfram
Business & Finance

Havfram appoints new chairperson to bolster subsea and offshore wind business units

Norway-based subsea and offshore wind contractor Havfram has appointed Arne Sigve Nylund as its new chairperson following the strategy adjustments of the company. The decision is said to align with Havfram’s aim to strengthen the industrial identity of its offshore wind installation, offshore wind d

about 4 years ago
Rystad: U.S. bill to bolster domestic energy security with no forthcoming respite for industry costs
Business & Finance

Rystad: U.S. bill to bolster energy security with no respite for industry costs in sight

The U.S. Inflation Reduction Act will boost domestic energy security while offering no respite for energy industry costs, forecasts Rystad.

about 4 years ago
In focus: Heatwaves everywhere, but winter is coming
Business & Finance

In focus: Heatwaves everywhere, but winter is coming

The words energy transition were on everybody’s lips in the last couple of years, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.

about 4 years ago
New oil & gas discovery in Norwegian Sea offers Aker BP option for Skarv tie-back
Business & Finance

New oil & gas discovery in Norwegian Sea offers Aker BP option for Skarv tie-back

Aker BP has made a new oil & gas discovery near its Skarv field in the Norwegian Sea and will consider tying the discovery into this field.

about 4 years ago
Rig on its way to South Africa to spud exploration well
Business & Finance

Rig on its way to South Africa to spud exploration well

Eco (Atlantic) has revealed that Island Drilling’s rig is slated to arrive and spud an exploration well offshore South Africa next month.

about 4 years ago
Canada
Business & Finance

Canada invests in new technologies to reduce underwater noise from ships

The Government of Canada is investing in new technologies that will help reduce underwater noise from vessels on Canada’s waters.

about 4 years ago
Heerema’s Thialf removes topsides offshore Ireland - gallery
Business & Finance

Heerema’s Thialf removes topsides offshore Ireland – gallery

Heerema’s Thialf vessel has completed a decom activity related to a platform removal campaign for an offshore gas field in the Celtic Sea.

about 4 years ago
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