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Norway ramping up gas deliveries this year amid high prices
Business & Finance

Norway’s new estimate of gas deliveries for this year sees 8 pct increase from last year

Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.

about 4 years ago
UK to rake in over $9.6 billion in tax this year from oil & gas operators
Business & Finance

UK to get over $9.7 billion in tax this year from oil & gas operators, trade body says

UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.

about 4 years ago
Odfjell Technology wins new gig with Petronas for wellbore cleanup ops off Malaysia
Business & Finance

Odfjell Technology bags three-year gig with Petronas

Odfjell Technology has secured a long-term wellbore cleanup equipment and services deal in Malaysia with Petronas Carigali.

about 4 years ago
Turkey’s fourth drillship
Business & Finance

Turkey welcomes arrival of fourth drillship

Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drillships, the vessel has now arrived in Turkey.

about 4 years ago
damen
Business & Finance

Damen to promote Bawat’s ship-based ballast water management system

Damen Green Solutions, a member of the Damen Shipyards Group, has been given the right to promote a green ship-based ballast water management system (BWMS) developed by water treatment supplier Bawat. According to Bawat, Damen was selected for the cooperation as it fits the supplier’s green approach

about 4 years ago
Deepwater Atlas - Transocean
Business & Finance

Transocean names world’s first 8th generation drillship featuring ‘all kinds of bells and whistles’

Transocean has recently held a naming ceremony in Singapore for its delayed newbuild Deepwater Atlas, the world’s first 8th generation drillship.

about 4 years ago
TGS and Liberia's National Oil Company ink 3D seismic data agreement
Business & Finance

TGS and Liberia’s National Oil Company ink 3D seismic data agreement

TGS has signed an agreement with the National Oil Company of Liberia (NOCAL) to reprocess over 5,100 square kilometers of 3D seismic data over Blocks 8 & 9 in the Liberia Basin. The survey will be processed using a Pre-Stack Depth Migration (PSDM) workflow to enable optimal imaging of the main targe

about 4 years ago
Chart Industries buys Cryogenic Service Center
Business & Finance

Chart Industries buys Cryogenic Service Center

U.S. LNG engineer Chart Industries has completed the acquisition of Swedish company CSC Cryogenic Service Center for approximately $4 million. Chart Industries says that CSC brings a strong service footprint in the Nordic Region with many overlapping customers to Chart. Therefore, it is allowing Cha

about 4 years ago
Uranus rig - GSP Offshore
Business & Finance

Jack-up rig hired for drilling on gas field offshore Turkey

Trillion Energy has signed a definitive offshore drilling services contract with GSP to secure a jack-up rig for a campaign offshore Turkey.

about 4 years ago
Illustration/CorPower’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Business & Finance

Ocean Energy Europe: REPowerEU as new innovation stepping stone for renewables

Ocean Energy Europe (OEE) has welcomed the European Commission’s REPowerEU initiative, which at its heart endorses a massive and accelerated roll-out of renewables.

about 4 years ago
A carousel with Hellenic Cables' cables
Business & Finance

Hellenic Cables’ net-zero targets approved

The Science Based Targets initiative (SBTi) has approved Hellenic Cables’ near-term and long-term greenhouse gas emissions reduction targets. Hellenic Cables commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 base year, as well as the absolute scope 3 GHG emissions f

about 4 years ago
Gravitricity and Arup secure funding to develop below ground hydrogen storage
Business & Finance

Gravitricity and Arup secure funding to develop below ground hydrogen storage

Gravitricity and Arup have secured $372,073 from the UK goverment to study storing hydrogen in purpose-built underground shafts.

about 4 years ago
Woodside shareholders back BHP merger in landslide vote
Business & Finance

Woodside shareholders endorse BHP merger proposal in landslide vote

Woodside has revealed that its shareholders have endorsed its plan for the merger of BHP’s petroleum business portfolio with Woodside.

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean
Business & Finance

Esbjerg declaration: Industry sees wave energy as ‘natural partner’ to offshore wind and solar

The representatives of ocean energy associations have called both the Danish and Dutch governments and parliaments to also integrate wave energy in the energy strategy for the North Sea region by setting both national and regional deployment targets.

about 4 years ago
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