Brazilian mining company Vale has received approval in principle from the classification society DNV for its design incorporating multi-fuel tanks on iron ore carriers, developed as a result of the project seeking to adopt alternative, lower-carbon fuels for shipping. DNV performed an independent as
The Department of the Interior is seeking public input on the Biden administration’s new, five-year offshore oil and gas leasing program.
Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.
The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.
UK-based company Global OTEC has signed what’s said to be the world’s first deal to develop a power purchase agreement (PPA) for a 1.5MW floating ocean thermal energy conversion (OTEC) platform offshore São Tomé island.
Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.
Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally
The German Federal Network Agency (BNetzA) has exempted Stade’s Hanseatic Energy Hub LNG terminal from tariff and network access regulation for 25 years, enabling the planned construction of the terminal to start earlier.
SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia
Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.
Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.
Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.
Enova, a Norwegian government enterprise, is supporting five new shore power projects in the country with NOK 34 million (about $3.4 million).
Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.
