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Business & Finance

List of the highlighted articles

Posted: 3 months ago

Vår Energi preparing to spud wildcat with Transocean rig

Vår Energi has secured a drilling permit to spud a wildcat well in the Barents Sea, using one of Tra...

Categories:
  • Authorities & Government
Posted: 3 months ago
Posted: 3 months ago

New green hydrogen project to expand ACWA Power’s portfolio in Indonesia

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and gre...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
  • video
Posted: 3 months ago

WATCH: Well-Safe Solutions rig wraps up first saturation dives in firm’s history while working on North Sea decom gig

Well-Safe Solutions has tucked under its belt a new achievement, thanks to one of its rigs, which ha...

Categories:
  • Project & Tenders
Posted: 3 months ago
Posted: 3 months ago

Orbital Marine to take its shot at Canada’s tidal stream opportunity

Scottish company Orbital Marine Power has been named as Euclaire Tidal’s technology partner at the F...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
Posted: 3 months ago

New hydrocarbon discoveries in 2023 bring Malaysia more than 1 billion boe

Malaysia recorded 19 exploration discoveries and two exploration-appraisal successes in 2023, contri...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

AET gets S. Asia's 1st sustainability-linked Islamic RCF

Maybank Singapore has extended a $100 million sustainability-linked Islamic revolving credit facilit...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

ROV for DEME’s new vessel passes factory acceptance tests

Seatools has completed factory acceptance tests (FAT) for what it describes as a highly innovative f...

Categories:
  • Vessels
Posted: 3 months ago
Posted: 3 months ago

Pacific Basin closes sustainability-linked loan

Pacific Basin Shipping Limited, a Hong Kong-listed player in dry bulk shipping, has concluded its $1...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

International offshore rig count climbs up a notch in November

Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 202...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Woodside to purchase LNG from Mexico Pacific’s Saguaro Energia project

Australian energy giant Woodside has signed an agreement with Mexico Pacific, a developer of the LNG...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
Posted: 3 months ago

Second Brazilian well back online with third one expected to follow suit within a month

Enauta has brought back on stream another well at a field offshore Brazil while a third well is anti...

Categories:
  • Exploration & Production
Posted: 3 months ago
  • video
Posted: 3 months ago

WATCH: Helix vessel comes to Australian port ahead of decom job with ExxonMobil

Helix Energy Solutions has confirmed the arrival of its DP3 semi-submersible vessel to Victoria’s se...

Categories:
  • Vessels
Posted: 3 months ago
Posted: 3 months ago

After pipeline incident, JEF partners pool resources for subsea infrastructure protection in Baltic Sea

The Joint Expeditionary Force (JEF) has embarked on an exercise in the Baltic Sea region to protect ...

Categories:
  • Safety
Posted: 3 months ago
Posted: 3 months ago

Shell goes on rig selection quest with site survey work in full swing ahead of drilling ops in North Sea

Shell is engaged in a rig selection and contracting process for a two-well drilling campaign in 2024...

Categories:
  • Exploration & Production
Posted: 3 months ago
  • long read
Posted: 3 months ago

As Northern Lights examines its value chain’s CO2 footprint, Ørsted starts construction of carbon capture facilities

A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s...

Categories:
  • Carbon Capture Usage & Storage
Posted: 3 months ago
Posted: 3 months ago

Seaspan embarks on pioneering venture into PCTC sector

Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivo...

Categories:
  • Vessels
Posted: 3 months ago
Posted: 3 months ago

Floating Power Plant formalizes €26M grant agreement with EU for Seaworthy project

Danish renewable energy developer Floating Power Plant has just signed a €26 million grant agreement...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
Posted: 3 months ago

Dutch firm wins platform modification work for large-scale CCS project

KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned of...

Categories:
  • Carbon Capture Usage & Storage
Posted: 3 months ago
Posted: 3 months ago

Dutch player wraps up ‘masterpiece in offshore lifting’ with derrick removal ahead of platform conversion

Wagenborg Foxdrill has finished with an offshore lifting project, which entailed derrick removal for...

Categories:
  • Project & Tenders
Posted: 3 months ago
Posted: 3 months ago

Indian firm inks $5B MoU for decarbonization projects

India’s renewable energy company ReNew Energy Global has signed a memorandum of understanding ...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Norway still holds ‘valuable’ gas resources but uncertainty looms over development for some

The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that have yet to ...

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Snam completes purchase of FSRU BW Singapore

Italian energy player Snam has finalized the acquisition of the floating storage and regasification ...

Categories:
  • Business Developments & Projects
Posted: 3 months ago
Posted: 3 months ago

Blue Med Partnership secures €1 billion investment pledge

The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Shell gets rubber stamp to deploy Odfjell Drilling-managed rig for ops in North Sea

Shell has received the green light to use an Odfjell Drilling-managed rig for plugging and abandonme...

Categories:
  • Authorities & Government
Posted: 3 months ago
Posted: 3 months ago

MODEC hires Seatrium for Brazil-bound FPSO topside modules fabrication project

Seatrium has won a contract with MODEC to undertake parts of the topside modules fabrication of an F...

Categories:
  • Project & Tenders
Posted: 3 months ago

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