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  • 10 March 2021
    Business developments & projects, Innovation

    An Israeli newcomer to the hydrogen industry, H2Pro has set sights on cutting the costs of green hydrogen production.

  • 25 December 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.

  • 30 March 2021
    Business developments & projects, Environment, Infrastructure, Market outlooks, Vessels

    Seaspan Corporation, part of Atlas Corp., has entered into an agreement with an unnamed shipyard for the construction of six 15,500 TEU containerships.

  • 13 April 2021
    Business developments & projects, Project & Tenders, Research & Development

    The European Hydrogen Backbone (EHB) initiative has proposed a hydrogen network of 39,700 kilometres by 2040 to connect 21 European countries, with further growth expected after 2040.

  • 23 November 2020
    Business & Finance, Business developments & projects

    Norwegian LNG transportation provider Awilco LNG has agreed to an amendment to the financial covenants in the sale/leaseback facilities for the WilForce and the WilPride.

  • 13 November 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Oil major BP is making progress with the drilling of the Ironbark well located offshore Australia.

  • 9 December 2020
    Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance

    W&T Offshore has restored production that was shut-in due to an active storm season in the Gulf of Mexico and increased its production guidance for 4Q 2020.

  • 11 February 2021
    Exploration & Production, Infrastructure

    Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the North Sea, offshore Norway.

  • 19 March 2021
    Business & Finance, Transition, Vessels

    French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 compared to 2019, the company said in its annual report for 2020. Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030. This reduction is aligned with […]

  • 30 November 2020
    Human Capital, Market outlooks, Outlook & strategy, Transition, Vision

    The OGTC and the Offshore Renewable Energy Catapult have warned that the UK offshore energy sector would miss the opportunity to be a global leader in clean energy if it does not invest in technology innovation to create a net-zero North Sea.

  • 16 March 2021
    Business & Finance, Business developments & projects

    Denmark’s Danfoss and Ørsted have signed a corporate power purchase agreement for 27 MW of the capacity of the Horns Rev 2 offshore wind farm. Danfoss, a global industrial manufacturer of energy-efficient solutions, signed a ten-year fixed price CPPA with Ørsted to offtake the portion of the renewable electricity output of the 209 MW offshore […]

  • 6 April 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Petrobras has signed agreements with BP to take over BP’s entire stakes in six blocks, located in ultra-deepwater in northern Brazil.

  • 31 March 2021
    Business & Finance, Business developments & projects, Exploration & Production

    After several delays, KrisEnergy has completed a farm-out agreement for its entire working interest in Block 115/09 located offshore Vietnam.

  • 24 February 2021
    Business & Finance, Equipment, Technology

    Forum Energy Technologies has seen its loss widened in the fourth quarter 2020 on asset impairments and restructuring costs as well as revenue drop of some 44 per cent. The Houston-based energy sector products company recorded Q4 2020 loss of $32.7 million, or $5.85 per diluted share. This result compares to a net loss of […]

  • 17 November 2020
    Business developments & projects, Infrastructure, Operations & Maintenance, Vessels

    Qatargas Operating Company Limited (Qatargas) has completed the delivery of the first cargo of liquefied natural gas (LNG) on a Q-Max LNG carrier to the Tianjin LNG receiving terminal in China.

  • 5 March 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.

  • 5 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Italian oil and gas company Eni has reportedly put on hold its sale of Australian gas assets due to a lack of satisfactory bids.

  • 5 April 2021
    Business developments & projects, Infrastructure, Vessels

    Seaspan Corporation, a subsidiary of Atlas Corp., has entered into an agreement to acquire two 8,500 TEU scrubber-fitted containerships.

  • 7 April 2021
    Business developments & projects, Environment, Infrastructure, Outlook & strategy, Regulation & policy, Transition, Vessels, Vision

    Swedish ferry company Stena Line is accelerating the transition towards fossil-free shipping and presents its plan to reduce total CO2 emissions by as much as 30% until 2030.

  • 8 January 2021
    Business & Finance, Business developments & projects, Exploration & Production

    Ocean Apex, a Diamond Offshore-owned drilling rig, is working on plug and abandonment activities at the Ironbark-1 well with plans to demobilise underway.

  • 15 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders, Vessels

    Offshore drilling contractor Pacific Drilling has secured a contract for a drillship with Malaysian giant Petronas for operations offshore Mexico.

  • 19 February 2021
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy, Transition

    The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.

  • 19 November 2020
    Business & Finance, Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Brazilian oil and gas company PetroRio has signed an agreement with BP for the acquisition of interests in two fields offshore Brazil.

  • 25 November 2020
    Business & Finance, Business developments & projects, Innovation, Outlook & strategy, Regulation & policy, Research & Development, Technology

    The U.S. Department of Energy (DOE) has awarded $35 million for 11 projects which seek to develop new economically competitive hydrokinetic turbine designs for tidal and riverine currents.

  • 22 December 2020
    Infrastructure, Project & Tenders

    Ningbo Orient Cable (NBO) said it has secured a contract from Scottish and Southern Electricity Networks (SSEN) Distribution to manufacture the cable for the Skye – Harris subsea cable replacement project. SSEN recently confirmed its decision to proceed with replacement of the 33kV cable which runs from Ardmore, Skye to Beacravik, Harris. Specifically, On 16 […]