Inpex has submitted an environment plan to the country’s regulator for exploration drilling in Commonwealth waters, offshore Australia.
Chevron and Pertamina have partnered up to explore lower carbon business opportunities, including CCUS)and hydrogen.
The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.
Global Ship Lease (GSL), a London-based containership owner Global Ship Lease (GSL) and Golar LNG, a UK-based owner and operator of marine-based LNG midstream infrastructure, have invested in a carbon capture initiative led by Aqualung Carbon Capture AS.
Norwegian state-controlled oil and gas giant Equinor is now facing more challenges related to the development of its controversial Bay du Nord offshore oil project located in Canada despite recent approval by the government.
Robert Gordon University and the University of Strathclyde have signed a five-year Memorandum of Agreement (MOA) to collaborate in research and technology development at the National Subsea Centre (NSC). NSC is a centre of excellence for subsea research and technology development and is delivered th
SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.
Ofgem has approved National Grid’s request to make early payments to consumers of £200 million over the next two years as part of the regulatory regime for electricity interconnections. National Grid has offered to pay interconnector revenues ahead of schedule rather than at the end of the standard
Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.
Ireland-based ocean data company XOCEAN has completed the acquisition of compatriot hydrographic survey company Geomara as part of its strategic global growth plan. The acquisition follows the investment of €8 million in September last year aimed to accelerate XOCEAN’s growth. Geomara has been provi
Shelf Drilling has secured more work for its rigs and it expects the global jack-up utilisation and pricing to beat pre-pandemic levels in 2022.
Noreco has appointed its CFO as its new CEO, enabling him to carry out the required duties for both roles in the future.
The Japanese energy company has formed a subsidiary for LNG trading named Q United Energy Supply & Trading (QUEST).
Sustainability-led infrastructure and private equity investment manager Foresight Group Holdings Limited has acquired a majority stake in the MaresConnect interconnector project. The firm completed the acquisition through its energy transition fund Foresight Energy Infrastructure Partners (FEIP), wh
