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Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost
Project & Tenders

Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost

Borr Drilling has disclosed its updated 2022 and 2023 financial guidance, showing a significant improvement in both cases.

about 3 years ago
Guyana & Bakken getting lion’s share of Hess’ budget boost once again
Project & Tenders

Guyana & Bakken getting lion’s share of Hess’ budget boost once again

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

about 3 years ago
Allseas picked to play ‘key role’ in North Sea gas development
Project & Tenders

Allseas picked to play ‘key role’ in North Sea gas development

Allseas has been hired by ONE-Dyas to provide its offshore engineering expertise for a gas field development in the Dutch North Sea.

about 3 years ago
RVO soon to open geotechnical survey tender for Nederwiek II & III
Project & Tenders

RVO soon to open geotechnical survey tender for Nederwiek II & III

The Netherlands Enterprise Agency (RVO) plans to publish a call for tenders for geotechnical investigations at the Nederwiek Wind Farm Zone sites II and III in March 2023. The contract will be divided into two lots. Lot 1 will comprise executing an offshore seabed campaign, including seabed cone pen

about 3 years ago
WATCH: New documentary shines a light on workers behind UK’s changing offshore energy industry
Project & Tenders

WATCH: New documentary shines a light on workers behind winds of change in UK’s offshore energy industry

OEUK has launched a documentary, highlighting the workers, which are spearheading the UK’s energy transition to net-zero.

about 3 years ago
Project Air receives €97 million grant from EU Innovation Fund
Project & Tenders

Project Air receives €97 million grant from EU Innovation Fund

Perstorp, a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), Uniper, a Germany-based energy company, and the European Climate, Infrastructure, and Environment Executive Agency (CINEA) have signed an agreement granting €97 million in funds to Project Air from the Innovation Fund. The

about 3 years ago
European energy woes spur ‘all-time high’ demand for Norwegian gas
Project & Tenders

European energy woes spur ‘all-time high’ demand for Norwegian gas

Europe’s imbalanced energy market combined with other factors has generated an “all-time high demand for Norwegian natural gas.”

about 3 years ago
Equinor and PGS extend cooperation for another two years
Project & Tenders

Equinor and PGS extend cooperation for another two years

Norwegian state-owned energy giant Equinor has exercised an option to extend the multi-year 4D framework agreement with PGS, established in March 2021, by two additional years. The framework agreement covers 4D monitoring surveys on the Norwegian and the UK continental shelf. As a part of the agreem

about 3 years ago
Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’
Project & Tenders

Harvest and IGU to deliver LNG to Fairbanks, Alaska

Texas-based Harvest Midstream has made a long-term agreement with Alaska-based Interior Gas Utility (IGU) to construct a natural gas treating, liquefaction, and truck-loading facility in Alaska. According to Harvest, pending regulatory approvals, construction of the facility is expected to begin in

about 3 years ago
Norway to expand licensing round for oil & gas exploration in predefined areas
Project & Tenders

Norway’s licensing round for oil & gas exploration in predefined areas to offer more offshore acreage

Norway’s Ministry of Petroleum and Energy has sent a proposal for the announcement of the APA 2023 round, which includes additional blocks.

about 3 years ago
How Noble rigs fare and what are they up to?
Project & Tenders

How Noble rigs fare and what are they up to?

Read about Noble Corporation’s financial update and new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico and Nigeria.

about 3 years ago
New vessel joins Türkiye’s fleet as Black Sea project nears first gas
Project & Tenders

New vessel joins Türkiye’s fleet as Black Sea project nears first gas

Türkiye’s new vessel will soon be going on its first mission in the Black Sea, working on giant project in preparation for the first gas.

about 3 years ago
Superconducting cables project brings promise of sustainable energy transition
Project & Tenders

Superconducting cables project brings promise of sustainable energy transition

The EU-funded project SCARLET has gathered a number of international partners to develop superconducting cables that will enable more efficient and less costly power transmission from renewable electricity generation sites.

about 3 years ago
Eni and Sonatrach join forces to curb emissions and bolster energy security
Project & Tenders

Eni and Sonatrach join forces to curb emissions and bolster energy security

Eni and Algeria’s Sonatrach have inked strategic agreements to accelerate the reduction of emissions and strengthen energy security.

about 3 years ago
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