Business Developments & Projects
Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’
Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.
New UK-EU project to develop retrofit carbon capture solutions for ships
A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and fuel consumption has got underway.
INERATEC and Zenith plan new e-fuels plant in port of Amsterdam
German e-fuels supplier INERATEC has signed a memorandum of understanding (MoU) with Zenith Energy Terminals to build a power-to-liquid (PtL) plant in the port of Amsterdam. As disclosed, the planned facility will produce up to 35,000 tonnes of e-fuels per year from locally generated and imported gr
TotalEnergies hand-picks helicopter operator for two North Sea fields
TotalEnergies has handed out a new contract to NHV to support its offshore operations in the Danish sector of the North Sea.
EEL Energy’s biomimetic tidal turbine exceeds expectations
French company EEL Energy has informed about very encouraging results gained through the test campaign for its tidal energy device, which uses undulating membrane to produce energy.
Transocean hands out rig services deal to furnish its semi-sub with ‘game-changing’ solution
Transocean has awarded a rig services contract to InteliWell to equip one of its semi-submersible rigs with a drilling automation solution.
Cerulean North Sea renewables grid to power oil & gas platforms with floating wind
Cerulean Winds has unveiled plans to build the North Sea Renewables Grid (NSRG), an offshore integrated green power and transmission system, powered by floating wind, that oil and gas platforms could plug into for clean power. With its consortium of partners including NOV, Siemens Gamesa, Siemens En
Technip Energies, John Cockerill launch new hydrogen solutions company
Engineering and technology companies Technip Energies and John Cockerill have established Rely, a provider of integrated and competitive green hydrogen solutions. According to Technip, Rely will offer end-to-end solutions, from pre-final investment decision (pre-FID) services, including technical an
Two Odfjell Drilling rigs get more work
Equinor has exercised options to drill additional wells with two Odfjell Drilling-owned rigs, extending the rigs’ backlog further.
U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
ADNOC and TotalEnergies enter LNG supply deal worth $1.2 billion
UAE’s ADNOC Gas has signed a three-year supply agreement with TotalEnergies Gas and Power Limited, a subsidiary of French energy giant TotalEnergies, for the export of LNG. The agreement, valued at about $1.2 billion under current market conditions, was announced on 1 May. Pursuant to the terms of t
Fugro to monitor offshore wind biodiversity by using eDNA samples
Dutch geo-data specialist company Fugro has launched the BeWild project, aimed at measuring biodiversity at offshore wind farms. Fugro, together with project partners, will focus on developing methodologies and technologies for remotely collecting environmental DNA (eDNA) samples in the North Sea. T
Longboat and Japan’s JAPEX set on creating ‘leading Norwegian-focussed independent’
Longboat Energy is putting the wheels into motion to form a joint venture (JV) with Japan Petroleum Exploration Co., Ltd (JAPEX).
Fratelli Cosulich completes its first biofuel supply
Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration