Search results for: north star

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A list of search results

  • Two rigs bought from Transocean come under the wing of Dolphin Drilling

    15 February 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    Dolphin Drilling has confirmed the start of operations and the final transfer of ownership for two semi-submersible rigs acquired from Transocean.

  • TGS-SLB joint venture embarks on its seventh acquisition program

    5 February 2024
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy

    Norwegian provider of energy data and intelligence TGS and oilfield services company SLB are set to perform ocean bottom node (OBN) multi-client acquisition in the U.S. Gulf of Mexico, representing the seventh program within the seismic joint venture.  Starting in the first quarter of 2024, Engagement phase 5 is said to involve the acquisition of […]

  • In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

    17 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

  • DMEC: Mix of offshore renewable energy sources key to reliable energy system

    21 December 2023
    Business Developments & Projects, Collaboration, Market Outlooks, Research & Development, Technology, Transition

    During the session on stage at this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, the Netherlands, Dutch Marine Energy Center (DMEC) emphasized that a combination of offshore renewable energy sources, storage methods and nature-inclusive design is needed to build a solid energy system.

  • All-systems-go for drilling ops at giant gas project off Australia

    18 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy

    Santos has received a stamp of approval for an environment plan (EP), covering development drilling activities at the Barossa gas field off the coast of Australia.

  • High-quality gas reservoir discovered in southern North Sea

    17 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Dana Petroleum, the UK subsidiary of Korea National Oil Corporation (KNOC), has discovered high-quality gas in the North Sea through exploratory drilling in the 42/27 exploration block. Dana Petroleum acquired a 50% stake in block 42/27 in the southern North Sea through international bidding in 2020 and secured independent operating rights. The company started full-scale […]

  • France’s new lab for tidal turbine development opens its doors

    23 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Vision

    France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and HydroQuest launched the joint VERTI-Lab laboratory on January […]

  • BP sees sharp drop in profit due to flat gas prices but uplifts renewables pipeline

    31 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders, Transition

    BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.

  • QatarEnergy and Shell agree on 27-year LNG supply to the Netherlands

    18 October 2023
    Business & Finance, Business Developments & Projects

    QatarEnergy and Shell, through their affiliates, have signed two long-term LNG sale and purchase agreements for the supply of LNG from Qatar to the Netherlands. Pursuant to the agreements, up to 3.5 million tons per annum (mtpa) of LNG will be delivered to the Gate LNG terminal in the port of Rotterdam starting in 2026 […]

  • US politicians introduce Renewable Fuel for Ocean-Going Vessels Act

    11 December 2023
    Authorities & Government, Environment, Rules & Regulation

    U.S. Representatives Mariannette Miller-Meeks (IA-01) and John Garamendi (CA-08) introduced the Renewable Fuel for Ocean-Going Vessels Act, legislation that would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels.

  • Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion

    2 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.

  • Another FPSO put into operation on Petrobras’ third largest oil field off Brazil

    1 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has kicked off production from an FPSO vessel at its giant oil field in the pre-salt area of the Santos Basin offshore Brazil.

  • 16 European partners kick off project to scale up offshore solar

    12 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Vision

    Sixteen European partners have started an EU joint industry project (JIP) where floating solar technology is scaled up to standard formats of 150 MW enabling to build gigawatt scale farms. The BAMBOO project (Building scAlable Modular Bamboo-inspired Offshore sOlar systems) aims to resolve challenges for the rollout of large-scale offshore solar into new and existing […]

  • TotalEnergies working with Nigerian authorities to contain pollution in the wake of offshore oil spill

    23 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Safety

    TotalEnergies has joined forces with several Nigerian organizations, including the Nigerian Maritime Administration and Safety Agency (NIMASA), to address and manage the potential impacts of a crude oil spill that took place during loading operations at a field in the OML 130 production license offshore Nigeria.

  • Offshore wind industry calls for ‘bold action’ on offshore HVDC grids in US

    12 April 2024
    Infrastructure

    DNV and its partners in a joint industry project (JIP) that is working to identify barriers to the use of HVDC transmission in the U.S. grid have published a letter containing guidelines for the U.S. states for the build-out of an offshore HVDC transmission network that would best support the country’s offshore wind targets. The […]

  • Gas field surpasses its export capacity to ensure energy security in Philippines due to grid alert

    23 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Prime Energy has tucked a new export capacity milestone under its belt at a natural gas field off the coast of the Philippines, Asia.

  • Wallenius Wilhelmsen lands lucrative contracts worth $1.2 billion

    30 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on expected volumes is valid for three years with an optional two-year extension. The […]

  • North Sea oil project comes on stream ahead of schedule

    20 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Norway’s state-owned energy giant Equinor has brought on stream the Breidablikk field in the Norwegian sector of the North Sea four months ahead of schedule. The Breidablikk field, which commenced production on October 20, holds almost 200 million barrels of recoverable oil. Its plateau production is estimated at a gross 55-60,000 kboepd, with production at plateau […]

  • With Labour’s windfall tax plan seen as ‘hammer blow’ to UK’s energy security and decarbonization, concerns over job loss on the rise

    20 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,

  • Following incident, Balticconnector pipeline capacity getting a boost to strengthen regional gas system

    23 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Gasgrid and Elering have revealed an increase in the technical capacity of the Balticconnector interconnection point.

  • Everfuel: HySynergy 1 on track for start-up in first quarter of 2024

    23 November 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Danish green hydrogen company Everfuel is progressing with work to start up its flagship project HySynergy 1 in the first quarter of 2024 and implement a realigned strategy focused on scaling green hydrogen production. On November 22, the company published its third quarter 2023 financial results, stating that HySynergy 1 is progressing according to an […]

  • QatarEnergy and Petronet agree on 20-year LNG supply to India

    6 February 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India onboard QatarEnergy’s LNG fleet starting May […]

  • Woodside and Santos multi-billion merger talks come to naught

    7 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.

  • PTTEP ups gas production ante at offshore fields in Gulf of Thailand

    20 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    PTTEP has boosted gas production from multiple fields located in the Gulf of Thailand in a bid to alleviate the impact of electricity costs.

  • Two oil & gas firms book DOF vessels for long-term gigs in Norway and Australia

    2 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    DOF Group has won two long-term assignments for an AHTS vessel and a platform supply vessel (PSV) in Norway and Australia, respectively.