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Annika Strandhäll - Sweden
Business & Finance

Sweden transitioning to ‘fossil-free society’ by banning extraction of coal, oil and gas

Sweden is banning the extraction of coal, oil and natural gas and tightening rules on the extraction from alum shale.

about 4 years ago
Three companies apply for CO2 storage permit off Norway
Business & Finance

Three companies apply for CO2 storage permit off Norway

Norway’s Ministry of Petroleum and Energy has received applications from three companies interested in securing space for possible future CO2 storage on the Norwegian continental shelf (NCS). The companies that applied for a permit by the deadline of 1 June are TotalEnergies EP Norge, Wintershall De

about 4 years ago
FSO Asia - Euronav
Business & Finance

Euronav takes full control of two FSOs working on Qatar’s giant oil field

Euronav has become the full owner of two FSO vessels, operating on Qatar’s Al-Shaheen field, as previously held in its JV with International Seaways.

about 4 years ago
Oceanica buys two work-class ROVs to support Petrobras' projects
Business & Finance

Oceanica buys two work-class ROVs to support Petrobras’ projects

Brazil’s Oceanica Engenharia e Consultoria has taken delivery of two work-class remotely operated vehicles (ROVs) from Forum Energy Technologies (FET) to support inspection, repair, and maintenance (IRM) activities at Petrobras’ oil fields. FET manufactured the systems at its UK facility at Kirkbymo

about 4 years ago
JDR's new subsea cable facility closer to reality
Business & Finance

Northumberland subsea cable factory closer to reality

Northumberland County Council has welcomed the approval of JDR Cable Systems’ plan to open a new subsea cable manufacturing facility in Cambois, near Blyth. JDR revealed in September 2021 that it plans to build the 69,000 sqm facility on the site of the former coal-fired power station at Cambois. I

about 4 years ago
Chevron to look into unlocking lower carbon potential in Kazakhstan
Business & Finance

Chevron and KazMunayGas set on unlocking lower carbon potential in Kazakhstan

Chevron has joined forces with KazMunayGas to collaborate on evaluating, investigating and pursuing lower carbon opportunities in Kazakhstan.

about 4 years ago
Shearwater eyes time and cost efficiency with novel ocean bottom node
Business & Finance

Shearwater targets time and cost efficiency with novel ocean bottom node

Shearwater GeoServices has launched a new node that is said to expand the potential ocean bottom seismic market due to its time and cost efficiency. The Pearl node is of small size and low weight which allows wider and denser spreads reducing operational time by a third compared with current deploym

about 4 years ago
Illustration; Source: Perenco
Business & Finance

Perenco inks deal with New Age to take over Etinde permit operatorship

Perenco has inked a deal with New Age to buy its stake and take over the operatorship of a field offshore Cameroon.

about 4 years ago
U.S. court ruling puts a stop to offshore fracking in federal waters off California
Business & Finance

U.S. court ruling puts a stop to offshore fracking in federal waters off California

U.S. federal appeals court upheld a ban on offshore fracking in waters off the California coast, calling for a full environmental review.

about 4 years ago
U.S. DOE to open Hydrogen Shot incubator prize
Business & Finance

U.S. DOE to open Hydrogen Shot Incubator Prize

The U.S. Department of Energy (DOE) has announced the opening of the 2.6 million prize that help meet the DOE Hydrogen Shot goal of $1 per kilogram of clean hydrogen.

about 4 years ago
Two new members join Equinor board
Business & Finance

New lineup for Equinor’s board of directors

Equinor has added a new member to its board of directors and re-elected several others, including shareholder-elected members.

about 4 years ago
SeaBird wins contract amid 'improving OBN source market'
Business & Finance

SeaBird wins contract amid ‘improving OBN source market’

Cyprus-headquartered seismic firm SeaBird Exploration has won a contract to deliver ocean bottom node (OBN) source services in the Western hemisphere. The contract execution is planned to commence in the second half of August. The duration of the contract is expected to be around 14 months including

about 4 years ago
Barossa FPSO
Business & Finance

Santos’ offshore gas project faces legal challenge

A group of Indigenous Australians has launched a legal challenge in an attempt to block Santos from developing its Barossa gas field off Australia.

about 4 years ago
Geotechnical survey campaign soon to continue at Scotland's 4.1 GW offshore wind project
Business & Finance

Geotechnical survey campaign soon to continue at Scotland’s 4.1 GW offshore wind project

SSE Renewables is set to mobilize the second phase of the geotechnical survey campaign at its Berwick Bank Wind Farm and the export cable route area between 15 and 20 June. The survey work is being undertaken by GEO and will be conducted from the 90-meter long Northern Ocean. The scope of work withi

about 4 years ago
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