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Business Developments & Projects

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Maersk Inspirer rig was installed on the Yme field
Business Developments & Projects

Yme project moves into hook-up phase following rig installation

Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.

about 5 years ago
An image mapping the Hornsea Projects, including Hornsea Three, off the UK coast
Business Developments & Projects

UK gives go-ahead to 2.4 GW Hornsea Three offshore wind farm

The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) gave the development consent to the Hornsea Project Three offshore wind farm on 31 December 2020. Ørsted submitted the development consent order (DCO) application for the 2.4 GW project to the UK Planning Inspectorate on 1

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about 5 years ago
Illustration; Source: SSE
Business Developments & Projects

SSE sheds North Sea fields to focus on renewables

Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy

about 5 years ago
Illustration; Source: Edison
Business Developments & Projects

Edison sells Norwegian subsidiary to Sval Energi

Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi.

about 5 years ago
Meyer Werft
Business Developments & Projects

Meyer Werft getting ready for zero-emission cruise ship tech

German shipbuilder Meyer Werft is preparing for the post-COVID-19 future as it is working on a range of new eco-friendly technological solutions for cruise ships.

about 5 years ago
Petrobras' headquarters in Rio de Janeiro; Source: Petrobras
Business Developments & Projects

Petrobras moves European commercial activities to Rotterdam

Brazilian oil major Petrobras has decided to transfer its commercial activities from London to the Port of Rotterdam in the Netherlands.

about 5 years ago
An image of HydroWing tidal device (Courtesy of HydroWing)
Business Developments & Projects

HydroWing scouts for tidal power electrical design engineer

UK-based marine energy company HydroWing is looking to expand its team with the addition of new electrical design engineer that will work on the development of the company’s tidal energy device.

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

Energean to pay up to $405M for remaining stake in Israeli subsidiary

Oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30 per cent shareholding in Energean Israel, resulting in Energean owning a 100 per cent stake in the company.

about 5 years ago
Illustration; Source: Petrobras Vitol
Business Developments & Projects

Vitol pays $45 million to Petrobras in corruption settlement

Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.

about 5 years ago
Nordic Spring artist rendering; Source: Awilco Drilling Keppel
Business Developments & Projects

Awilco Drilling terminates rig building deal with Keppel. Wants refund

Offshore driller Awilco Drilling has terminated its offshore rig construction order with Singapore’s Keppel due to a “breach of contract“ and is seeking a refund.

about 5 years ago
Spanish green hydrogen project moves ahead
Business Developments & Projects

Spanish green hydrogen project moves ahead

Spanish national grid operator Enagás and its compatriot ACCIONA are moving forward with the Power to Green Hydrogen Mallorca industrial project.

about 5 years ago
Bold Tern at a port with wind turbine towers on board
Business Developments & Projects

Moray East wind turbine installation to start soon

Wind turbine installation at the Moray East offshore wind farm is scheduled to start in the first days of the next year, around 5 January. The wind turbines will be installed by the Bold Tern jack-up vessel, with the commissioning work to be done from Acta Centaurus, supported by two crew transfer v

about 5 years ago
Yury Korchagin; Source: Lukoil
Business Developments & Projects

Lukoil reaches oil output milestone on North Caspian Sea fields

Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.

about 5 years ago
Illustration; Source: OMV Petrom
Business Developments & Projects

OMV Petrom sheds Kazakhstan fields to focus on Black Sea

Romanian oil and gas company OMV Petrom has sold its onshore oilfields in Kazakhstan to focus on its portfolio in the Black Sea region.

about 5 years ago