Search results for: north star

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A list of search results

  • BV and Hanwha Ocean work on 3D model-based classification approval

    28 September 2023
    Business Developments & Projects, Project & Tenders, Technology

    Classification society Bureau Veritas (BV) and Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering Co. (DSME), have completed a joint development project (JDP) to enable 3D model-based approval for the classification of ships.

  • All-systems-go for ConocoPhillips to bring online cross-border North Sea project

    5 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

  • Croatian import terminal to receive green ammonia from Brazil

    16 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Ports & Logistics, Storage

    Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia. To this end, GEP signed a letter of intent (LO) with The State of Piauí, Brazil, for the production and export of an initial […]

  • Decarbonization in shipping: More than fuel, it’s an attitude

    19 October 2023

    The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, General Manager of Euronav, Michail Malliaros and Vineet Mittal, Chairman of […]

  • DNV: Despite falling short of Paris Agreement requirements, hydrogen technology set to bring significant changes to energy transition by 2050

    11 October 2023
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Renewable and low-carbon hydrogen is expected to play an important role in decarbonizing and reducing emissions from hard-to-electrify sectors and reaching the Paris Agreement climate goals. While these targets require hydrogen to account for approximately 15% of the world’s energy demand by 2050, DNV’s forecast indicates that its uptake will fall well short of the […]

  • More work to keep Shelf Drilling rig busy until mid-2024

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

    Shelf Drilling has secured a new contract extension for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).

  • Vår Energi offloads stake in North Sea field

    6 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Vår Energi has inked a deal with Petrolia NOCO (Petrolia) to dispose of its entire interest in a field located in the Norwegian North Sea.

  • UK port bids adieu to Noble rig following ten-month stay – gallery

    9 October 2023
    Business & Finance, Business Developments & Projects, Ports & Logistics, Project & Tenders

    After ten months, a jack-up rig has left the UK’s Kishorn port (KPL), in preparation for its next drilling assignment.

  • As UK’s offshore oil & gas industry slashes emissions, low-carbon era inches closer

    12 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    OEUK has revealed in a new report that Britain’s offshore oil and gas industry has curbed its emissions footprint by 24% compared to 2018.

  • Northern Lights CEO: We are making CCS viable

    25 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide the scale of emissions reduction needed by 2050. In response […]

  • FEED work begins on blue hydrogen project on Teesside

    2 October 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition

    Aberdeen-based energy infrastructure company Kellas Midstream has started front-end engineering design (FEED) work on its H2NorthEast hydrogen project in Teesside. H2NorthEast is strategically located at the CATS (Central Area Transmission System) gas terminal on Teesside, an area committed to becoming one of the world’s first decarbonized industrial clusters. The first phase of the project involves […]

  • With contract backlog of $4.7 billion, Noble looks forward to ‘sustained long-term upcycle’

    1 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Noble Corporation has reported strong operational and financial performance during the third quarter of 2023.

  • Eni’s ‘significant’ new gas discovery opens doors to potential production hub tied to Bontang LNG

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

    Italian oil and gas giant Eni has made a new gas discovery in the Kutei Basin offshore Indonesia, which comes with the potential to contribute substantially to the creation of a new production hub in the northern part of the basin.

  • North Sea oil project gets the go-ahead to come on stream

    28 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.

  • WoodMac: Swift action needed to ratchet up carbon capture and reach net-zero by 2050

    13 October 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Wood Mackenzie believes that emerging sectors will not be able to usher in a net-zero by 2050 era without CCUS.

  • Double win for Baker Hughes offshore Norway

    29 September 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has secured two contracts with Norwegian oil and gas company Vår Energi, said to strengthen its North Sea presence for exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement that will utilize Baker Hughes’ well intervention capabilities gained through the acquisition of Altus Intervention, completed in April. In […]

  • New 15-year deals enable Altera to redeploy FPSO and shuttle tanker at Eni’s African oil & gas project

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

    Altera Infrastructure has secured contracts for the redeployment of an FPSO vessel and a shuttle tanker, which will be converted into an FSO.

  • Equinor ready to begin drilling work with Transocean rig

    29 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Equinor has received consent to use one of Transocean’s semi-submersible rigs for production drilling at a field in the North Sea off Norway.

  • TotalEnergies refutes allegations of manslaughter and negligence during insurgent attacks in Mozambique

    11 October 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Human Capital, Project & Tenders, Regulation & Policy, Safety

    TotalEnergies has denied the accusations of negligence and manslaughter concerning the 2021 insurgent attacks in Mozambique.

  • Dyna-Mac’s new multi-million deals include construction of FPSO topside modules

    3 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Dyna-Mac has tucked in a new batch of contract wins with existing customers worth a total provisional sum of S$88 million (over $64.1 million), expanding its net order book to S$630.7 million (more than $459.4 million).

  • North Sea gas project ‘rapidly taking shape’ with start of pipeline survey

    7 September 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    A pipeline route survey has begun on the Anning and Somerville field developments located in the Southern North Sea. Furthermore, Hartshead Resources NL (HHR) and Rockrose Energy, joint venture partners standing behind the project, have received bids for the platforms. Hartshead Resources NL reported on 7 September that Gardline’s Ocean Observer had mobilized to the […]

  • Net-zero by 2050 ambition at risk: In with renewables and out with fossil fuels ‘far from fast enough,’ warns DNV

    11 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

  • HydroQuest launches crowdfunding campaign to support tidal energy activities

    29 September 2023
    Business & Finance, Business Developments & Projects, Equipment, Outlook & Strategy, Technology

    French tidal energy company HydroQuest has launched a crowdfunding campaign, targeting €1.5 million to meet the objectives of a major FloWatt tidal energy project.

  • Will a net-zero dash enable the UK to reap more benefits?

    10 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.

  • Could PacWave test site potentially offer its own moorings for wave energy developers?

    13 October 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Researchers from the National Renewable Energy Laboratory (NREL) have identified the most cost-effective ways for the U.S. Department of Energy (DOE) to acquire mooring systems for PacWave – a new wave energy test site offshore Oregon – which could facilitate the test campaigns for developers.