Business & Finance Archives

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UK’s shift in net-zero policy raises red flag: Is this a godsend for people’s pockets or wishful thinking?

A deep dive into the backlash and other prominent reactions related to the UK’s Prime Minister̵...

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Wintershall Dea preparing to drill Norwegian Sea wildcat with Transocean rig

Wintershall Dea has secured a drilling permit from Norway’s authorities to spud a wildcat well in th...

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Workers protest against HHLA’s partial sale to MSC

In a show of collective dissent, hundreds of employees of Hamburger Hafen und Logistik AG (HHLA) ral...

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North Sea well yields no hydrocarbons

Equinor, on behalf of Aker BP, is in the process of concluding the drilling of an exploration well i...

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Ulstein Verft to build new Nexans cable-laying vessel

Nexans Marine Operations has placed an order with Ulstein Verft for the construction of its new cabl...

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Canadian innovator raises close to €9M for wave-powered desalination tech

Wave-powered desalination innovator Oneka Technologies has secured €8.7 million through equity round...

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Green light for Equinor to deploy Transocean rig for drilling ops

Equinor has received consent to use one of Transocean’s semi-submersible rigs for exploration drilli...

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PETRONAS, MISC, and MOL forge pact on LCO2 carrier development

Malaysia’s state-owned energy giant PETRONAS, through its wholly-owned subsidiary PETRONAS CCS...

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US DOE to hand out $47.7 million to advance clean hydrogen technologies

The U.S. Department of Energy (DOE) has announced $47.7 million in funding for 16 research, developm...

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Survey on schedule for world’s first bi-directional subsea link

A geophysical inspection survey is set to kick off in October along the length of the operational We...

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Elyse Energy, Hy24 and Mirova pen e-fuels financing deal

E-fuels company Elyse Energy, Hy24, managing a clean hydrogen infrastructure fund, and Mirova, an af...

1 day ago

Industry Contribution

New voestalpine carbon-steel approved for LCO2 transport and storage

voestalpine’s new F550 TMCP toughcore has been approved by Bureau Veritas as per IGC and IMO g...

12 days ago

Industry Contribution

Ficep: a single partner for all production technologies in Area 1. The mission is to enhance the productivity of wind tower and foundation fabricators

The article is written by FICEP Group. Wind energy is certainly one of the key drivers for reducing ...

2 months ago

2 days ago

Industry partners kick off construction works on the largest European floating solar plant

A consortium made up of French, Belgian and Luxembourgian companies, led by renewable energy develop...

2 days ago

long read

2 days ago

Premium

US: Unleashing ‘energy dominance' or hitting out at oil&gas

There is almost an insurmountable gap between the latest energy policies being advocated by Florida ...

2 days ago

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Equinor hands over development plans for $9 billion natural gas project off Brazil

Equinor has submitted the declarations of commerciality and plans of development for two natural gas...

2 days ago

Industry Contribution

Rapid developments in offshore market require new production methods for Fast Crew Suppliers

Damen Song Cam Shipyard in Vietnam is gearing up to begin rapid series production of Damen’s Fast Cr...

3 months ago

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McDermott to install subsea structures for Brazil’s oil & gas company

Brazilian oil and gas company PRIO, formerly known as PetroRio, has awarded McDermott with a transpo...

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Another well comes on stream off Brazil

Brazilian oil and gas company PRIO, formerly known as PetroRio, has kicked off production from a wel...

2 days ago

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US oil & gas player adds eight producing assets to its Gulf of Mexico portfolio

W&T Offshore has wrapped up the acquisition of working interests in eight shallow water oil and ...

2 days ago

Industry Contribution

Supporting the energy transition with sustainable ships

Damen, with its ambition to become the world’s most sustainable shipbuilder has invested considerabl...

4 months ago

2 days ago

Spain backs Carnegie with €1.2M for CETO wave energy device deployment

The Spanish government has awarded €1.2 million to Carnegie Clean Energy’s AGUAMARINA project to enh...

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Norway’s gas output continues its downward plunge while oil goes up a notch

Norway saw a slight rise in oil production in August 2023 compared to the NPD’s predictions and the ...

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UK marine surveying company changes hands

UK offshore wind solutions provider OEG Renewables (OEGR) is targeting a strengthened position in th...

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NextDecade signs $356M loan agreement for Rio Grande LNG

Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders fo...

2 days ago

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