Business Developments & Projects
Azerbaijan’s oil output drops down considerably from 2020 figures
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
Top five offshore wind Premium articles in 2021
Throughout the last year, our Premium articles have seen significant interest from our readers. Here, we are bringing the top five offshore wind articles from our Premium section in 2021.
Dutch investor Meewind joins Oceans of Energy’s floating solar project
Dutch umbrella investment fund Meewind has joined Oceans of Energy’s project as an observer to provide guidance from the side of potential financial investor on mitigating the risks of building and operating an offshore solar installation.
IOG spuds North Sea well after overcoming technical issues
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
In focus: Working together towards a sustainable future
The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would
Equinor cleared to use Odfjell rig for North Sea well
Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea.
Russia’s oil output to rise by 5 per cent in 2022
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Harbour Energy finds ‘marginal’ hydrocarbon accumulations in North Sea well
Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations.
Sabella wraps tests on next-gen tidal turbine blades
French tidal energy company Sabella has performed ‘successful’ tests on the next generation tidal turbine blades as part of the RealTide project.
Belships enters 2022 offloading another old bulk carrier
Norwegian shipowner Belships has entered into an agreement with an undisclosed client for the sale of its 58,000 dwt supramax bulk carrier.
Standard Drilling sells vessel for $10.3 million
Offshore vessel operator S.D. Standard Drilling has sold one of its large-sized platform supply vessels (PSVs) for $10.3 million.
Gas filling of second Nord Stream 2 string all done
The gas-in procedure for the second string of the Nord Stream 2 pipeline has been completed, according to a project update from 29 December. The string is filled with circa 177 million m3 of so-called technical gas, reaching a pressure of 103 bar in the pipeline, said to be as planned and in line wi
Port of Zeebrugge boosts green energy with new wind farm
The Belgian Port of Zeebrugge, one of Western Europe’s important energy hubs, has welcomed the new wind farm consisting of five wind turbines as a part of the “clean port strategy”.
IOG frustrated over another delay in spudding North Sea well
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea.