Business Developments & Projects
Hydrocarbons present in HPHT well, but not the result North Sea operator ‘had hoped for’
Serica Energy has found hydrocarbons in an exploration well in the North Sea off the UK, but the commercial quantity is yet to be determined.
Fugro’s fleet expands with geotechnical vessel
Dutch geo-data specialist company Fugro has added a new geotechnical vessel, equipped with advanced deep-water technology, to its fleet. The vessel, named Fugro Quest, provides increased personnel and operational safety, whilst its energy-efficient design results, on average, in significantly lower
TotalEnergies embarking on North Sea infill drilling campaign with Shelf Drilling rig
TotalEnergies has greenlighted the two-well infill drilling programme in the Danish North Sea to ramp up gas production from 2023.
RWE’s Brunsbüttel terminal could receive ammonia from Namibia
RWE and Hyphen Hydrogen Energy have signed a Memorandum of Understanding (MoU) that could see RWE offtake up to 300,000 tons of green ammonia per year from Namibia. Hyphen was appointed the preferred bidder by the Namibian government to develop the first green hydrogen project in Namibia for export.
Tie-back potential on the horizon for new Norwegian Sea discovery
Neptune Energy has confirmed a new discovery in the Norwegian Sea, which appears to have commercial potential based on the initial analysis.
Following incident, Nexans and Enemalta patch up subsea interconnector – gallery
Nexans has worked with Enemalta to finalise the repair works for the subsea Malta-Italy interconnector cable.
Repurposed North Sea rig closes its doors to go back to its decommissioning cycle
SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.
Multiple oil & gas projects still on track for development plans by year-end
Aker BP will vote in favour of submitting PDOs for multiple oil and gas projects, anticipated to take place by mid-December 2022.
Everfuel makes new appointment to execute green hydrogen growth strategy
Danish green hydrogen provider Everfuel has appointed new deputy chief executive officer (CEO) to expand the management team and drive the execution of the growth strategy. Martin Skov Hansen will assume the new role starting from 1 January 2023 with a special focus on organisation development, HR a
TotalEnergies joins shipping industry majors to spur development of ammonia-powered tankers
Global energy major Total Energies has joined the Castor Initiative, a multinational coalition committed to making zero-emission shipping a reality, to support the uptake of ammonia as a green fuel and the development of ammonia-powered tankers.
How will UK’s energy windfall tax hike impact oil & gas players?
Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.
Samsung Heavy turns to GTT for tank design of seven LNG carriers
South Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for seven new LNG carriers from the French LNG containment specialist GTT. The order was placed on behalf of a Europan and an American ship owner. For this project, GTT will design the tanks of seven vessels, which will
Rig gearing up to drill oil & gas prospect in Caspian Sea
KazMunayGas and Lukoil have set the wheels into motion to mobilise a rig to carry out drilling ops in the Caspian Sea in mid-December.
New green project aims to boost zero-emission shipbuilding in Scotland
Marine engineers Ecomar Propulsion, and the National Manufacturing Institute Scotland (NMIS), operated by the University of Strathclyde, have kicked off a research and development (R&D) project aimed at bringing the manufacture of key parts used in zero-emissions electric boats to the UK.