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Future energy-ready port in Pembrokeshire begins to take shape

15 August 2023

Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Technology, Transition, Vision

Significant progress is being made to create a multi-purpose and future energy-ready port in Pembrokeshire as part of redevelopment plans that will enable greater flexibility for developers and marine businesses looking to test new marine energy devices and launch and recover vessels.

With UK’s 2030 CCUS targets being ‘very challenging,’ three measures can save the day

5 September 2023

Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

Wood Mackenzie believes the UK will struggle to meet its CCUS targets unless government and private investment come to the aid.

UK: Sterling Resources Secures Loan for Breagh Gas Field Development

19 July 2011

Business & Finance

Sterling Resources Ltd. (“Sterling” or the “Company”) announces that it has signed a loan facility agreement (the “Facility”) with a group of banks for a GBP 105 million senior secured loan for the Phase 1 development by its wholly-owned subsidiary, Sterling Resources (UK) Ltd, of the Breagh gas field in the UK Southern North Sea […]

USA: Buccaneer Energy Provides Jackup Rig Acquisition Update

20 January 2011

Business & Finance, Project & Tenders

Buccaneer Energy Limited (“Buccaneer” or “the Company”) provides update on the progress of the acquisition of a jack-up rig for operations in the Cook Inlet, Alaska. Buccaneer is in the process of negotiating and financing the acquisition of a jack-up rig that will have the capacity to operate in all areas within the Cook Inlet […]

Dominion 2012 Income Drops (USA)

31 January 2013

Dominion announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the 12 months ended Dec. 31, 2012, of $581 million ($1.01 per share), compared with reported earnings of $1.41 billion ($2.45 per share) for the same period in 2011. Operating earnings for the 12 months ended Dec. 31, 2012, […]

Acquisition activity brings busy spell for TGS in Northern Europe

9 May 2025

Business & Finance, Business Developments & Projects, Project & Tenders

Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season.

SITEK Group Announces the Largest Implementation of MES-system in Yaroslavl (Russia)

27 December 2010

Equipment, Technology

SITEK Group, a provider of adaptive operations execution software solutions for manufacturing organizations in Russia, Europe and CIS, the main Competence center on MES-systems authorized by Siemens, announced the launch of the largest implementation project on MES-systems (Manufacturing Execution Systems) in Russian Federation carried out by Siemens and Avtodizel (Yaroslavl Motor Works), a member of […]

Australia: WHL Energy Mobilises Seismic Vessel CGG Viking II for La Bella Survey

6 November 2013

Business & Finance, Operations & Maintenance

Australian energy company WHL Energy Limited (“WHL Energy” or “the Company”) reports that the seismic vessel the CGG Viking II has mobilised to the Otway Basin and is currently deploying its equipment. The La Bella 3D Marine Seismic Survey (MSS) in offshore Otway Basin permit VIC/P67 is expected to commence around 15 November, once the […]

WHL encouraged by Seychelles data

16 October 2014

Australian energy company WHL Energy Limited has received the initial “fast-track” data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. This poststack migration volume is an intermediate product in the Pre-Stack Time Migration (PreSTM) processing of the 1,528 km 2 Junon 3D seismic survey. An […]

Lundin beefs up Johan Sverdrup capacity

12 May 2016

Project & Tenders

Lundin Petroleum, a Swedish independent oil and gas company, said there was a potential to increase processing capacity at the Norway’s largest offshore development, the Johan Sverdrup field. In a statement this week, the company said there was a possibility to boost processing capacity from the previously guided range of 315,000 to 380,000 bopd up to […]

UK: Babcock Hands Over Tamar Class Lifeboat to RNLI

16 April 2012

Babcock has (on 11 April) handed over the latest Tamar Class lifeboat to the Royal National Lifeboat Institution (RNLI). This lifeboat will represent the charity during the Diamond Jubilee Pageant on the River Thames in June to mark Her Majesty The Queen’s special year. The RNLI Engineering and Supply Director David Brook and Operations Director […]

Petrofac Announces Trading Update (UK)

17 December 2010

Petrofac, the international oil & gas facilities service provider, issues the following pre-close trading update ahead of the announcement of its audited results for the year ending 31 December 2010, expected to be on 7 March 2011. * Net profit for the year expected to be in line with expectations for like-for-like year-on-year growth of […]

Horizon Oil completes Western LNG pre-FEED

25 January 2018

Ports & Logistics

Australian exploration and production company, Horizon Oil, said it has progressed its Western LNG project in Papua New Guinea.

Duo exploring avenues for Australian LNG project’s expansion to enrich gas market

23 January 2025

Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Research & Development

Santos has joined forces with Tamboran Resources Corporation to look into a potential enlargement of a liquefied natural gas (LNG) project in Darwin, with the idea of supplying more gas to the country’s domestic market and international LNG scene.

Total defers first gas from Tyra due to Covid-19 delays

6 November 2020

Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

Total has suffered delays with the Tyra Redevelopment Project due to the Covid-19 pandemic. As a result, the first production has been postponed to 2023.

XELLZ buys more land for Irish offshore wind supply base

10 July 2020

Ports & Logistics

XELLZ has acquired an additional 100.000m2 of land at the Port of Rosslare in Ireland to establish an offshore wind supply base. At the beginning of the year, the Dutch company secured about 200.000m2 of land to facilitate a supply base for installation and operating companies for the near future offshore wind industry. According to […]

RVO teases IJmuiden Ver ground model tender

26 June 2020

Business Developments & Projects, Project & Tenders

The Netherlands Enterprise Agency (RVO) plans to issue a tender for the development of an integrated ground model for the 4 GW IJmuiden Ver wind farm zone in July. This integrated ground model should be of sufficient accuracy to allow (preliminary) foundation design, RVO said. The deliverables of this assignment will be made available to […]

GasLog rakes in $35 million in share sale

22 June 2020

Business Developments & Projects, Operations & Maintenance

GasLog has sold 14,400,000 common shares for total gross proceeds of $36.0 million through a private placement shares.

Ørsted holding Ocean Wind online meets

7 October 2020

Business & Finance

Ørsted is hosting three virtual open houses to update interested parties on the progress of its Ocean Wind offshore wind project in New Jersey. Attendees will listen to subject matter experts discuss specific aspects of the company’s plans to build the 1,100 MW offshore wind farm. The open houses will be held on 20 October […]