Business Developments & Projects
UK oil & gas player slapped with £100K fine in venting breach suppression drive
NSTA has given NEO Energy a fine in a clampdown on venting and flaring lack of oversight on the UK Continental Shelf (UKCS).
New CEO takes over as Prysmian sets up new organizational structure
On April 18, 2024, after the shareholders’ meeting, the Italian cabling giant Prysman has confirmed its new Chief Executive Officer (CEO) and General Manager to be Massimo Battaini.
New agreements to solidify Spain and Netherlands’ hydrogen connection
Port of Amsterdam, together with international partners, has signed two agreements on green hydrogen and hydrogen derivatives. Additionally, Evos signed an MoU with Cepsa to explore hydrogen export out of the south of Spain to Amsterdam.
Petrobras hits oil for second time this year in ultra-deep waters of Brazil’s Equatorial Margin
Brazilian state-owned oil and gas giant Petrobras has made an oil discovery at another well in the Equatorial Margin.
Subsea7 done with pipeline replacement off Brunei for Shell (Photo)
Subsea7 has completed a pipeline replacement project offshore Brunei for oil & natural gas company Brunei Shell Petroleum (BSP), a subsidiary of UK oil major Shell. The Pipeline Replacement Project 8 (PRP-8) involves engineering, procurement, installation, and commissioning (EPIC) of various sizes o
Deal for work on giant Black Sea gas project finds its way to ABL’s worksheet
South-Eastern Europe’s integrated energy player OMV Petrom has selected ABL, part of ABL Group, to provide marine warranty survey (MWS) services for a natural gas project which is said to be the largest one in the Romanian area of the Black Sea.
Ulsan Port Authority, Pacific Environment join forces to decarbonize ports
South Korea’s Ulsan Port Authority (UPA) has signed a memorandum of understanding (MOU) with Pacific Environment (PE), an international environmental organization, to accelerate the transformation of shipping ports into eco-friendly ones.
World’s longest interconnector officially launched
Deemed the world’s largest interconnector, Viking Link, connecting the UK and Denmark, has officially been inaugurated. The £1.7 billion Viking Link, which started operating on December 29, 2023, has a capacity of 1.4 GW and stretches for 475 miles under land and sea, joining the Bicker Fen substati
JERA and ReNew team up on ammonia production in India
JERA has concluded an agreement with ReNew E-Fuels, a subsidiary of ReNew Energy Global, to jointly develop a green ammonia production project in India.
US puts safeguards in place to protect taxpayers from footing oil & gas decom bill
BOEM has taken steps to shield taxpayers from being forced to pick up the oil and gas decommissioning tab.
Progress made in turning potential Enauta-3R merger into reality
Enauta has taken another step closer to bringing into life a larger and more diversified independent oil and gas company in Latin America.
Stena Bulk bids farewell to its last LNG tanker
Sweden’s Stena Bulk has no more LNG carriers in its fleet after selling the remaining one to an undisclosed Asian buyer.
More time with Shell for Golden Energy Offshore vessel
Golden Energy Offshore Services (GEOS) has secured a contract for a platform supply vessel (PSV) with Shell UK.
Issue at North Sea gas project has TotalEnergies considering impact on timeline for full capacity
TotalEnergies is contemplating the effect an issue may have on the schedule for reaching full technical capacity at its natural gas project off the coast of Denmark.