Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract that is said to have been optimised to fit Neptune’s future requirements. TechnipFMC will continue prov
Kistos is contemplating making a possible cash and share offer for Serica Energy to create a “leading independent North Sea champion.”
Italian shipbuilder Fincantieri has signed a sustainability-linked revolving credit facility with compatriot bank Intesa Sanpaolo for a maximum amount of €500 million (around $505 million). According to Fincantieri, the three-year financing is aimed at covering the financial requirements of the cons
The western coast of Sardinia could see a floating wind farm of a little less than 500 MW being built by a Spain-based renewable energy developer, which is so far known to have submitted at least two applications for floating offshore wind projects in Italy. Following the recent news on Acciona’s ap
Lamprell has now received a combined takeover offer, adding another one of its shareholders into the mix.
Norwegian tanker owner and operator Frontline and its Belgium-based counterpart Euronav have entered into a definitive agreement to create a global independent tanker operator.
UK energy market regulator Ofgem has approved the Final Needs Case (FNC) for the proposed Eastern HVDC electricity transmission projects, conditional on the projects securing the necessary planning consent. National Grid Electricity Transmission (NGET), SP Transmission and Scottish Hydro Electric Tr
Rovco has signed an agreement with Vroon Offshore Services for the charter of offshore support vessel VOS Star for the delivery of its offshore wind projects. The 68-meter long DP2 multi-purpose support vessel will support Rovco’s offshore wind campaigns throughout 2022, including the provision of s
Harbour Energy has completed the drilling of the Timpan-1 exploration well, located 150 kilometres offshore Indonesia.
Japanese shipping company MOL Drybulk and the UK-based renewable energy company Drax Group have formed a partnership to reduce emissions and fuel costs associated with shipping biomass by deploying wind power technology on vessels. As part of their partnership, the companies plan to facilitate the d
Waldorf Production has inked a deal to buy the entire share capital of Alpha Petroleum from Shorelight Partners to bolster energy security.
A 400-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem following a naming ceremony in China.
Norwegian oil and gas company Aker BP has made a gas discovery off Norway near the Skarv field in the Norwegian Sea.
Shell has received approval from Norway’s authorities for a development plan for its gas subsea compression project in the Norwegian Sea.
