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Final Needs Case submitted for first Scotland-England subsea link
Business & Finance

Final Needs Case submitted for first Scotland-England subsea link

SSEN Transmission and the National Grid Electricity Transmission (NGET) have submitted a Final Needs Case (FNC) to Ofgem for the first of two subsea electricity transmission HVDC links that will connect Scotland and England. If the Final Needs Case is approved, it will be followed by the Project Ass

about 4 years ago
Stena IceMax drillship drilled the Bambo well for FAR
Business & Finance

FAR finds no moveable oil in Gambian well

FAR is encouraged by oil shows and potential reservoirs encountered in its well off The Gambia despite no live oil columns being present.

about 4 years ago
Fincantieri
Business & Finance

Fincantieri secures €300M sustainability-linked construction loan

Italian shipbuilder Fincantieri has signed the first sustainability-linked construction loan with compatriot banks Intesa Sanpaolo and Cassa Depositi e Prestiti (CDP) for a maximum amount of €300 million (around $340 million).

about 4 years ago
Equinor taps Blue Logic for subsea equipment
Business & Finance

Equinor taps Blue Logic for subsea equipment

Blue Logic has signed a frame agreement with Equinor for the delivery of subsea docking stations, subsea equipment and services to the Norwegian energy giant. According to Blue Logic, Equinor has been an important customer and partner for the company in the process of developing the Universal Subsea

about 4 years ago
Maersk Inspirer rig on Yme field
Business & Finance

Repsol lifts 100,000 barrels from Yme field in North Sea

The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.

about 4 years ago
The Veslefrikk field in the North Sea
Business & Finance

Aker Solutions firms up decommissioning award in Norway

Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors.

about 4 years ago
Hitachi Energy goes big with contract for first Middle East subsea transmission system
Business & Finance

Hitachi goes big with contract for first Middle East subsea transmission system

Hitachi Energy has won a major contract for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East and North Africa (MENA) region. As part of the order from Samsung C&T Corporation, Hitachi will connect ADNOC’s offshore op

about 4 years ago
Vladimir Filanovsky field
Business & Finance

Lukoil boasts production milestone at Caspian Sea field

Russian oil and gas giant Lukoil has produced over 30 million tonnes from the Vladimir Filanovsky field located in the Caspian Sea.

about 4 years ago
Jadestone
Business & Finance

Jadestone Energy on the lookout for new CFO

Jadestone Energy is on the lookout for a new Chief Financial Officer (CFO), as the current one will be stepping down from the role next year.

about 4 years ago
Plexus to deliver surface wellhead system for new North Sea gas well
Business & Finance

Plexus to deliver surface wellhead for new North Sea gas well

Plexus Holdings has secured a purchase order for a POS-GRIP surface production wellhead system for a “leading” North Sea operator.

about 4 years ago
Location of Victory discovery - Corallian Energy
Business & Finance

Corallian files plan for West of Shetland gas discovery

Corallian Energy has filed its draft Field Development Plan for the Victory gas discovery off the Shetland Islands to the UK’s authorities.

about 4 years ago
TotalEnergies books vessel extension with Havila Shipping
Business & Finance

TotalEnergies books Havila vessel in Denmark

Havila Shipping has been awarded a contract extension for one of its PSVs by the Danish subsidiary of the French oil major TotalEnergies.

about 4 years ago
ADNOC - TAQA
Business & Finance

Two UAE giants launch ‘first-of-its-kind’ project worth $3.6 bln to decarbonise offshore ops

Two United Arab Emirates-controlled oil and gas giants have revealed a $3.6 billion project to decarbonise offshore operations.

about 4 years ago
Solstad Offshore
Business & Finance

Solstad investing in green tech to reach net-zero target

Over the next three years, Norwegian Solstad Offshore is planning to invest more than 300 million NOK (approximately $33.4 million) in battery hybrid conversion projects to achieve a 50% global fleet emission reduction by 2030.

about 4 years ago
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