Business Developments & Projects
Neptune cleared to deploy Odfjell Drilling-managed rig for ops in North Sea
Neptune Energy has received consent to use an Odfjell Drilling-managed semi-submersible rig for drilling activities in the North Sea.
Go-ahead for Norwegian oil & gas firm to kick off drilling ops with Transocean rig
OKEA has received consent from the country’s offshore safety regulator for exploration drilling in the Norwegian Sea.
In focus: Transitioning to low-carbon energy future through green hydrogen corridors
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
Maersk’s 1st methanol-powered feeder gears up for sea trials as keel is laid for 1st larger ship from the series
The world’s first feeder vessel powered by green methanol is nearing construction completion and is getting ready to embark on its sea trials later this month. The 172-meter-long feeder was launched on April 4 at South Korea’s Hyundai Mipo Dockyard and it is being built for Denmark-based industry ma
EU and Chile launch new cooperation actions on renewable hydrogen
The European Union (EU) and the Government of Chile have launched two new cooperation actions on renewable hydrogen to contribute to the implementation of the “Team Europe Initiative for the Development of Renewable Hydrogen in Chile”. The initiative is a joint effort of the EU and its Member States
MPCC builds a greener fleet with acquisition of five eco-design ships
Norwegian shipowner MPC Container Ships (MPCC) has finalized the acquisition of five eco-design vessels. With a total purchase price of $136.4 million, these acquisitions come with existing charter contracts from top-tier counterparties, which the company expects to solidify its revenue-generating c
More North Sea work lined up for Floatel unit
Floatel International has been awarded a new deal for one of its units, which will work for Vår Energi in the North Sea off Norway.
COSL Drilling to handle three nonconformities on rig
Norwegian offshore safety regulator has carried out an audit of COSL Drilling and its management of helideck operations on one of its rigs.
Odfjell tasked with tackling nonconformities on semi-sub rig
Norwegian regulator has carried out an audit of Odfjell’s management of the working environment and helideck operations on a semi-sub rig.
All systems go for Equinor to dispatch AKOFS vessel for well intervention work off Norway
Equinor has received consent from Norway’s regulator to use one of AKOFS Offshore’s well intervention vessels on multiple fields on the NCS.
MSC Cruises expands its shore power plan to include 15 ports
The Cruise Division of MSC Group has unveiled detail surrounding the next phase of its shore power plan, expanding the number of ports where the ships will be plugged.
Oil & gas with LNG as centrepiece getting a $40 billion slice of Shell’s investment pie
Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage.
With peak oil demand in sight, is the end of the black gold era really approaching?
The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow down to a crawl by 2028.
Converter stations ordered for first subsea interconnector between France and Spain
Hitachi Energy has secured a contract with Spanish and French electricity transmission operators to supply HVDC converter stations for the first subsea electricity interconnection between France and Spain. The contract for the Biscay Gulf interconnection has been awarded by Electricity Interconnecti