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Aker BP all set to deploy Maersk rig on North Sea field
Business & Finance

Aker BP all set to deploy Maersk rig on North Sea field

Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling-owned rigs on a field located in the North Sea.

about 4 years ago
Halliburton rig gearing up to kick off Kuwait’s first offshore drilling campaign
Business & Finance

Rig gearing up to kick off Kuwait’s first offshore drilling campaign

Kuwait Petroleum Corporation (KPC) has revealed that Kuwait will be embarking on its first offshore drilling campaign soon.

about 4 years ago
Fugro continues with surveys at Inch Cape offshore wind farm
Business & Finance

Fugro continues with surveys at Inch Cape offshore wind farm

Fugro is about to commence a vessel-mounted bathymetry survey at the Inch Cape offshore wind farm, located off the Angus coastline in Scotland. The activities are planned to begin on or after 2 July and are expected to take up to 10 days to complete, weather permitting. The 50-meter DP2 research/sur

about 4 years ago
An aerial photo of the Horns Rev 1 offshore wind farm in Denmark
Business & Finance

Offshore wind to power sustainable aviation fuel production in Sweden

Vattenfall and St1 have signed a Letter of Intent to develop a fossil-free value chain for production of synthetic electro fuel from offshore wind, with the next step being conducting a feasibility study into bringing the project to life in 2029 and gradually growing towards the target of one millio

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Business & Finance

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
TGS acquires compatriot asset management provider
Business & Finance

TGS acquires compatriot asset management provider

Norwegian seismic player TGS has acquired Prediktor, a compatriot provider of asset management and real-time data management solutions to renewable and energy asset owners. Based in Fredrikstad, with 40 employees, Prediktor currently supports 7 GW of renewable energy assets, mainly PV solar, with a

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Business & Finance

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago
European TSO on the lookout for services offshore Germany
Business & Finance

North Sea TSO seeking service providers offshore Germany

Dutch-German transmission system operator (TSO) TenneT has begun two tendering processes looking for providers of offshore services in Germany.

about 4 years ago
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Business & Finance

All systems go for Wintershall Dea to bring North Sea tie-back on stream

Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.

about 4 years ago
Aker BP - Lundin merger to come into force today
Business & Finance

Aker BP – Lundin merger to come into force today

Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.

about 4 years ago
Vår Energi enters strategic supplier partnership for upcoming subsea projects
Business & Finance

Vår Energi enters strategic supplier partnership for upcoming subsea projects

Vår Energi has entered into a strategic partnership agreement with Aker Solutions, Havfram and Saipem for the delivery of subsea production systems for all upcoming subsea projects for the next five years. As disclosed, the partnership covers the fabrication, delivery, and installation of subsea pro

about 4 years ago
Norway
Business & Finance

Norway supports 5 new shore power projects

Enova, a Norwegian government enterprise, is supporting five new shore power projects in the country with NOK 34 million (about $3.4 million).

about 4 years ago
Italy’s Saipem bags $1.25 billion for onshore & offshore deals in Middle East
Business & Finance

Onshore & offshore deals in Middle East bring Saipem $1.25 billion

Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around $1.25 billion.

about 4 years ago
Shell joining Equinor’s deepwater Gulf of Mexico project as operator
Business & Finance

Shell joining Equinor’s deepwater Gulf of Mexico project as operator

Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.

about 4 years ago
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