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COSLPioneer rig - Ithaca - North Sea
Business & Finance

Green light for North Sea development with first oil expected this year

Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.

about 4 years ago
Eneco and OCI join NortH2 offshore wind-to-hydrogen consortium
Business & Finance

Eneco and OCI join NortH2 offshore wind-to-hydrogen consortium

Energy company Eneco and OCI N.V., a global producer and distributor of hydrogen-based products, have joined the NortH2 green hydrogen consortium as collaborative partners. Eneco is joining the NortH2 consortium of Equinor, RWE, Shell, and Gasunie as an investment partner. Groningen Seaports is a su

about 4 years ago
Chariot used the Stena Don rig for Anchois drilling
Business & Finance

Chariot encouraged by increase in net gas pay and excellent quality dry gas off Morocco

Post-well analysis of Chariot’s gas discovery offshore Morocco has confirmed excellent quality dry gas and an increase in net gas pay.

about 4 years ago
EEL Energy’s scaled tidal energy converter (Courtesy of EEL Energy)
Business & Finance

French tidal energy developer embarks on €2M fundraising campaign

French tidal energy company EEL Energy has launched a fundraising campaign, targeting €2 million to further advance its tidal energy technology whose design was inspired by bio-mimicry.

about 4 years ago
Safe Notos; Source: Prosafe
Business & Finance

Prosafe on the lookout for deputy CEO & CFO

Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.

about 4 years ago
Empyrean hopes for short wait as bad weather hinders rig mobilisation ops off China
Business & Finance

Empyrean hopes for short wait as bad weather hinders rig mobilisation off China

Empyrean is anticipating a short wait until the start of drilling off China after rig mobilisation was hindered again due to bad weather.

about 4 years ago
Remøy vessel secures more time with Equinor through new gig
Business & Finance

Remøy vessel secures more time with Equinor through new gig

Equinor has chartered one of Remøy Shipping’s PSVs, featuring a hybrid-electric system and shore power, boosting its decarbonisation efforts.

about 4 years ago
Sparrows bags crane operations and maintenance deal off Angola
Business & Finance

Sparrows bags crane operations and maintenance deal off Angola

Sparrows Group has secured a long-term contract for offshore crane operations and maintenance in Angola with an undisclosed company.

about 4 years ago
Shell CEO Ben van Beurden
Business & Finance

Shell appeals against Dutch ruling, highlighting need for balance in addressing climate change and security of supply

Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.”

about 4 years ago
Illustration/L to R: Oceans of Solar’s and SolarDuck’s floating solar systems (Courtesy of Oceans of Solar/SolarDuck)
Business & Finance

Netherlands: Three projects to share €300K to advance offshore floating solar sector

Three project consortia – involving technology developers Oceans of Energy and SolarDuck – have been selected to receive €100,000 each to further advance offshore floating solar industry in the Netherlands.

about 4 years ago
Petrojarl I FPSO - Enauta - Atlanta field
Business & Finance

Australia’s Karoon looking to enter Atlanta field off Brazil

Brazil’s Enauta has confirmed it is in talks with Australia’s Karoon Energy for the sale of part of its interest in the Atlanta field offshore Brazil.

about 4 years ago
QatarEnergy
Business & Finance

QatarEnergy joins ExxonMobil in Egypt to explore ‘exciting prospects’

QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.

about 4 years ago
Isle of Man Ship Registry, FuelTrust sign deal for green ship validation
Business & Finance

Isle of Man Ship Registry, FuelTrust sign deal for green ship validation

The Isle of Man Ship Registry (IOMSR) has signed a memorandum of understanding (MoU) with Houston-based technology company FuelTrust to validate vessels for the flag’s Green Ship scheme.

about 4 years ago
PanGeo scores $5 million deal for Gulf of Mexico decom campaign
Business & Finance

PanGeo scores $5 million deal for Gulf of Mexico decom campaign

PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has won a $5 million contract from Couvillion Group for a decommissioning campaign in the US Gulf of Mexico. The 90-day campaign represents the largest Acoustic Corer project for PanGeo so far, with commencement scheduled for the second qu

about 4 years ago
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