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Business Developments & Projects

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Bruce, Keith, and Rhum facilities; Source: Serica
Business Developments & Projects

Serica Energy gets Rhum license renewal

UK oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field in which the company has a 50 per cent interest.

about 5 years ago
HHLA
Business Developments & Projects

HHLA takes majority stake in automation specialist

Germany’s terminal operator has decided to acquire a majority share in iSAM AG, a compatriot specialist in automation technology.

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about 5 years ago
An offshore converter platform at an offshore wind farm
Business Developments & Projects

Germany adds (only) 219 MW of offshore wind to its grid in 2020

Germany saw 32 offshore wind turbines with a total capacity of 219 MW connected to the grid in 2020, with no new wind turbines erected in the second half of the year, according to the figures published by Deutsche WindGuard on 21 January. In total, 1,501 offshore wind turbines with a capacity of 7,7

about 5 years ago
Olympus platform and a drilling rig in the background
Business Developments & Projects

Rystad: Oilfield services sector will struggle to repeat former glory amid energy transition push

The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.

about 5 years ago
Aleron new headquarters
Business Developments & Projects

Aleron bringing its divisions under one roof

Aleron Group has announced a high-level organisation restructure to align with its strategic growth plans to consolidate product and service offerings. The Group consisting of individual entities, Aleron Subsea and ROVQUIP, will now formally become a single entity, know as Aleron Limited. The divisi

about 5 years ago
Total-chartered SCF La Perouse
Business Developments & Projects

SCF inks LNG newbuild charter deal with Total

Russia’s largest shipping company Sovcomflot has secured a charter deal for its newbuild LNG tanker with Total.

about 5 years ago
Energean Power FPSO; Source: Energean
Business Developments & Projects

Energean could push back first gas from Karish to 2022

Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.

about 5 years ago
Transocean Arctic rig on Dvalin - Wintershall Dea
Business Developments & Projects

Wintershall Dea curbs Dvalin gas flows over mercury issues

Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.

about 5 years ago
Overhead view of GKinetic’s 10kW prototype device being tested in the Limerick Docks in Ireland (Courtesy of GKinetic Energy)
Business Developments & Projects

GKinetic secures major US patent

Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection in the United States for the ‘bluff body’ accelerator – part of the company’s hydrokinetic technology concept.

about 5 years ago
The potential deal between NEO Energy and Exxon includes Gannet field in the North Sea
Business Developments & Projects

NEO Energy in talks to buy ExxonMobil’s North Sea assets

HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

about 5 years ago
Photo of Saul Young (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh META project gets operations manager

The Marine Energy Test Area (META) has strengthened its team with the appointment of Saul Young as a new operations manager.

about 5 years ago
EnQuest takes over Bressay field operatorship
Business Developments & Projects

EnQuest takes over Bressay field operatorship

Oil and gas company EnQuest has completed the acquisition of the Bressay field interest from Equinor and taken over field operatorship.

about 5 years ago
Borgland Dolphin rig
Business Developments & Projects

Dolphin rig lands new deal in Norway

Dolphin Drilling has secured another rig contract with a new Norwegian operator. This time with INEOS Energy on the Norwegian Continental Shelf.

about 5 years ago
Green Hydrogen Systems to provide electrolysers for H2RES project
Business Developments & Projects

Green Hydrogen Systems to deliver electrolysers for H2RES project

Ørsted has chosen Denmark-based Green Hydrogen Systems (GHS) as the supplier of electrolysis technology for the H2RES offshore wind-to-hydrogen demonstration project. The 2 MW electrolysis plant at the Avedøre Power Station will be built around GHS modular electrolysers powered by two 3.6 MW offshor

about 5 years ago