Switzerland-headquartered Company Services Swiss (CSS SA) and Italy’s Drafinsub have initiated a merger process that will see the establishment of a synergetic hub for integrated services concerning infrastructures and underwater pipelines. Following the merger and consolidation of the companies’ sh
Haropa Port and Verso Energy have signed an agreement for the installation of a plant to produce low-carbon hydrogen and synthetic fuels on Haropa Port land in Grand-Quevilly, France. Specifically, this production plant will be set up on an area of land belonging to Haropa Port/Rouen in the town of
Petrobras’ new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie.
South Korean Samsung Engineering has started front-end engineering design (FEED) work on the Sarawak H2biscus green hydrogen and ammonia project in Malaysia. Together with Lotte Chemical, Korea National Oil Corporation and Malaysia’s Sarawak Economic Development Corporation Energy (SEDC Energy), the
Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hy
The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.
Equinor has received consent for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.
Prysmian’s new cable-laying vessel Monna Lisa has reached the hull erection stage, marking the start of assembly and preparing to be launched into the water. The addition of Monna Lisa will expand Prysmian’s installation fleet to six cable-laying vessels and will have installed the same main equipme
UK-based Rovco has completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore wind farm in Scotland. The Cenos floating offshore wind farm is located in the Central North Sea, 200 kilometers off the coast of northeast Scotland. The geo-environmental
Jersey Oil & Gas has agreed to sell a partial stake in an asset on the UK Continental Shelf (UKCS) to Serica Energy.
The European Commission has announced the opening of the Innovation Fund’s 2023 call for proposals, boasting a historic budget of €4 billion. The significant financial injection aims to accelerate the deployment of cutting-edge decarbonization technologies, and the funds for this initiative are sour
Shell Egypt, a subsidiary of oil major Shell, has made a new gas discovery in an offshore block located in Egypt’s Mediterranean Sea.
Hellenic Cables has tucked under its belt a new contract with Energinet, which will enable it to deliver high-voltage cables for an electrical interconnection project.
Gasgrid and Elering have revealed an increase in the technical capacity of the Balticconnector interconnection point.
