Business Developments & Projects
Eni and SPP sign gas and LNG cooperation agreement
Italy’s Eni and Slovakia’s SPP have signed a memorandum of understanding (MoU) on commercial cooperation in the gas and LNG sector, aimed at identifying initiatives to contribute to Slovakia’s ability to diversify gas supplies. Under the agreement, the two companies are expected to evaluate initiati
Lomar to pilot Seabound’s carbon capture technology on vessels
lomarlabs, a new subsidiary of UK-based shipowner Lomar Shipping, part of LIbra Group, has partnered with climate tech start-up Seabound, in a bid to reduce emissions and catalyse cost-effective methods to capture CO2 onboard vessels. Seabound has developed a patent-pending compact carbon capture de
Shell and Deltic Energy schedule North Sea drilling ops for next summer
Deltic Energy is looking to drill a similar-scale North Sea prospect to the Pensacola next year, the London-based oil and gas exploration company revealed in its latest financial results. In the report issued on 20 April, Deltic Energy revealed it was planning to drill the Selene prospect in the sum
Transgaz and E.ON join forces for Romania’s energy security
Romanian companies Transgaz and E.ON have signed a memorandum of understanding (MoU) planning to cooperate in order to consolidate Romania’s energy security by aligning and correlating the development strategies regarding the natural gas infrastructure with the European Green Deal provisions and oth
Silverstream teams up with Orient Marine on air lubrication tech sales in Japan
Maritime clean technology firm Silverstream Technologies and Orient Marine Co. have signed a new agency agreement for sales support of the Silverstream System within Japan. The agreement will allow Orient Marine to act as an agent for Silverstream in Japan, providing local representation for marketi
WITT Energy partners up with RS Group to advance marine energy device
UK-based renewable energy technology company WITT Energy has teamed up with RS Group to help bring its energy harvesting device to market for use in remote and marine applications.
OMV strikes oil in Norwegian North Sea
OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has made an oil discovery near the Gudurun field in the Norwegian part of the North Sea. The Norwegian Petroleum Directorate (NPD) reported today, 20 April, that OMV Norge, operator of the production license 817, had completed the drillin
New partnership to offer ATR-based solutions for blue hydrogen market
Technip Energies, an engineering and technology company, and Casale, a provider of technologies and integrated engineering solutions to produce fertilisers and other base chemicals, have entered a partnership to jointly license oxidative reforming-based technologies – auto thermal reforming (ATR) an
ONE invests in wind-assist propulsion, orders two containerized units from Econowind
Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023. The 143m, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the N
Rig deals lift Transocean’s total backlog to $8.6 billion
Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.
With $185 bln of total investment on the table, WoodMac expects more oil & gas FIDs in 2023
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
UK and Canada strengthen marine energy ties
Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.
Denmark launches world’s first Power-to-X tender
The Danish Energy Agency (DEA) has invited bids to build and operate Power-to-X projects with a deadline for applications set to 1 September. Through the tender – the first of this kind in both Denmark and the world – the country has made available DKK 1.25 billion (approximately €167.7 million) in
Kongsberg sets up separate business area for ocean space mapping
Kongsberg has established a separate business area for its robotics and sensor technology called Kongsberg Discovery, designed to map and monitor ocean space. Sensors and Robotics, previously a division under Kongsberg Maritime, is now being separated and established as a separate business area. “Su