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Chim Sáo field in Vietnam; Source: Harbour Energy
Fossil Energy

EnQuest widens its Southeast Asian horizons with more oil & gas assets

EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

about 1 year ago
Normand Turquesa vessel at sea
Fossil Energy

Petrobras and Solstad formalize $84M vessel deal

Norwegian shipping company Solstad Offshore (SOFF) has received board approval for an anchor handling tug supply (AHTS) from its fleet to carry out a multi-year assignment with Brazil’s state-owned energy giant Petrobras.

about 1 year ago
Scott Duguid, MD of eGroup; Courtesy of eGroup
Fossil Energy

UK player ups headcount ante with contract wins encapsulating ‘high-profile’ oil & gas assets

Aberdeenshire-based surface preparation specialist, eBlast, part of the eGroup, has tucked multiple new energy sector assignments under its belt, including work on oil and gas operators’ projects in the UK and abroad.

about 1 year ago
Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing
Alternative Fuels

Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing

Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China.

about 1 year ago
CP2 LNG; Source: Venture Global
Fossil Energy

Venture Global secures top spot in Germany’s LNG market with expanded SEFE deal

Germany’s Securing Energy for Europe (SEFE) has finalized an agreement with U.S. energy player Venture Global to purchase an additional quantity of liquefied natural gas (LNG) from a project the latter is developing in Louisiana, United States.

about 1 year ago
Minesto receives funding for next-generation mooring system
Marine Energy

Minesto slashes costs, closes Wales office in major reorganization

Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Offshore Wind

Bankruptcy plans halted as industrial player takes an interest in Argeo

Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f

about 1 year ago
Prelude; Source: Shell
Fossil Energy

Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG

Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia.

about 1 year ago
EU
Clean Fuel

European Commission completes hydrogen framework with new low-carbon methodology

The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen.

about 1 year ago
LS Marine Solution Shinan Ui cable work
Cabling

LS Marine Solution to install cables at 390 MW South Korean offshore wind farm

LS Marine Solution has been selected as the preferred bidder for the submarine cable installation work at the Shinan Ui offshore wind project in South Korea. The 390 MW offshore wind farm is being developed by a consortium led by Hanwha Ocean and SK Eternics. Construction is scheduled to begin in 20

about 1 year ago
Norwegian Ambassador Anniken Huitfeldt and U.S. Secretary of Energy Chris Wright.
Marine Energy

Norway and US renew hydropower and marine energy research pact

Norway and the U.S. have signed a renewed memorandum of understanding (MoU) covering hydropower and marine energy research, continuing an energy research collaboration that began in 2020. According to the Norwegian Ministry of Energy, the cooperation targets flexible power delivery from hydropower,

about 1 year ago
HyOrc
Clean Fuel

HyOrc, Start Lda to develop green methanol plant in Porto

HyOrc Corporation, a Texas-based developer of patented hydrogen combustion and waste-to-fuel technologies, has signed a memorandum of understanding (MOU) with Start Lda, a Portugal-based liquid and gaseous fuels trading company, to develop a 25,000 ton per annum green methanol production facility in

about 1 year ago
COSL Innovator rig; Source: COSL
Fossil Energy

COSL rig cleared to spud North Sea wildcat pair next month

Equinor has secured a drilling permit for two exploration wells in the Norwegian sector of the North Sea, which will be drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 1 year ago
biofuels
Energy Transition

Syroco boards Armateurs de France to further back maritime decarbonization

Syroco, a French climate tech startup delivering performance and voyage optimization solutions to the maritime industry, has become the latest member of the country’s shipowner association, Armateurs de France. As disclosed, as part of Armateurs de France, Syroco plans to contribute to the organizat

about 1 year ago
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