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Everfuel
Business & Finance

Everfuel, Greenstat receive Enova funding for Hydrogen Hub Agder

Danish hydrogen fuel company Everfuel A/S and Norwegian energy company Greenstat ASA have been granted NOK 148 million ($14.9 million) from Enova to support the development of the Hydrogen Hub Agder.

about 4 years ago
UK firm to support oil & gas developments offshore Suriname
Business & Finance

UK firm to support oil & gas developments offshore Suriname

Asco has inked a deal with Kuldipsingh Port to provide technical expertise for supply base ops to support Suriname’s energy industry.

about 4 years ago
QED Naval launches crowdfunding campaign
Business & Finance

QED Naval launches crowdfunding campaign

Edinburgh-based marine energy firm QED Naval has launched a crowdfunding campaign to complete the deployment of its Subhub tidal platform and Tocardo turbines at Yarmouth Tidal Test Centre.

about 4 years ago
NKT and MAATS ink service agreement for 140-meter cable-layer
Business & Finance

NKT and MAATS ink service agreement for 140-meter cable-layer

NKT has signed a three-year service framework agreement with MAATS for the cable lay equipment on board cable-laying vessel (CLV) NKT Victoria. According to MAATS, NKT made a shrewd investment in the Service and Support package as it had been contracted on a number of significant and time-sensitive

about 4 years ago
Non-OPEC+ to spearhead global oil supply in 2023 with output from OPEC+ going down as sanctions take their toll on Russian volumes
Business & Finance

Output from OPEC+ to go down in 2023 as sanctions take their toll on Russian volumes

The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.

about 4 years ago
Seadrill bags extension deals for three rigs worth $361 million
Business & Finance

Seadrill rigs rake in $361 million in extension deals

Seadrill has won contract extensions with a total value of approximately $361 million in aggregate for three jack-up rigs in the Middle East.

about 4 years ago
UK operator sees last rig in its fleet off to scrap yard
Business & Finance

UK operator sees last rig in its fleet off to scrap yard

After completing the sale of a rig, which has been stacked for years, Awilco Drilling is left with no other drilling assets in its fleet.

about 4 years ago
Valaris rig on its way to Angola to start work for ExxonMobil
Business & Finance

Valaris rig on its way to Angola to start work for ExxonMobil

Valaris has revealed that one of its drillships has set off towards Angola to embark on its new assignment with ExxonMobil.

about 4 years ago
TEAMER awards $1 million for 10 marine energy testing projects
Business & Finance

TEAMER awards $1 million for 10 marine energy testing projects

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected ten marine energy projects to receive technical support as part of its sixth call for applications.

about 4 years ago
SeaShuttle
Business & Finance

SeaShuttle hydrogen-fuelled containership project wins Enova funding

SeaShuttle, the ambitious project to build two hydrogen-powered, remotely controlled and autonomous-ready containerships, has secured NOK 150 million (€15 million) in funding from Norwegian state enterprise Enova.

about 4 years ago
Electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals
Business & Finance

Electrification with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals

The NSTA has found that electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87%.

about 4 years ago
Subsea 7 targets better offshore wind foothold in South Korea with new office
Business & Finance

Subsea 7 targets better offshore wind foothold in South Korea with new office

Subsea 7 has opened a new office in Seoul, South Korea, as it aims to better support the local offshore wind market. According to Subsea 7, South Korea is emerging to be an important market for both fixed and floating offshore wind and the move is set to support the country in achieving its ambitiou

about 4 years ago
Norway may need over $6 bln in funding by 2025 for its green energy boost
Business & Finance

Banking on renewable energy, Norway outlines roadmap to turn into ‘green industrial giant’

The Norwegian government has presented a roadmap for a green industrial boost, where renewable energy takes centre stage.

about 4 years ago
CETO wave energy device completes tank testing campaign
Business & Finance

CETO wave energy device completes tank testing

Carnegie Clean Energy has completed the three-week tank testing campaign of its CETO wave energy device as part of the first phase of the EuropeWave Pre-Procurement Programme.

about 4 years ago
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