Overview page containing news articles

Business & Finance

List of the highlighted articles

Posted: 5 months ago

DET holds capacity allocation auctions for German North Sea coast terminals

The state-owned operating company Deutsche Energy Terminal (DET), responsible for the marketing and ...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

Petronas puts lightweight AUVs to test

A Kuala Lumpur-headquartered company has delivered a subsea pipeline inspection using lightweight au...

Categories:
  • Technology
Posted: 5 months ago
Posted: 5 months ago

More action needed before Israel grants multiple exploration blocks to SOCAR, NewMed, and BP

Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth compe...

Categories:
  • Exploration & Production
Posted: 5 months ago
  • long read
Posted: 5 months ago

New licenses paving the way for ‘no cliff edge’ in UK oil & gas production

OEUK has welcomed the award of new oil and gas licenses as a step in the right direction to strength...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Better contracting conditions and high activity back Fugro

Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 milli...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Havila Shipping sells three vessels to repay debt

Havila Shipping has sold three vessels – one platform supply vessel (PSV) and two anchor handling tu...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Two dual-fuel LR2 tankers join Wallem’s managed fleet

Hong Kong-based ship manager Wallem Group has welcomed into its fleet two dual-fuel vessels, Anglevi...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Germany secures more Norwegian gas, as Equinor and RWE pen five-year supply agreement

Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bols...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

EU & Namibia boost collaboration on sustainable raw materials and H2

European Commission (EC) President Ursula von der Leyen and President of Namibia Hage Geingob have e...

Categories:
  • Authorities & Government
Posted: 5 months ago
Posted: 5 months ago

Aiming to unlock more hydrocarbon resources, Petronas inks production sharing contract with Ping Petroleum

Petronas has signed a late life asset PSC with Ping Petroleum for a cluster of three developed field...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

11-meter-long Kongsberg AUV makes a splash

Kongsberg Discovery has commenced an extensive program of sea trials for its new long-range autonomo...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

Anemoi, Hudong-Zhonghua Shipbuilding join forces on LNG carrier rotor sail designs

UK-based wind propulsion company Anemoi Marine Technologies has entered into a joint design cooperat...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
  • long read
Posted: 5 months ago

UK offers first batch of licenses in 33rd offshore oil & gas round to fortify energy security

North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go int...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Dutch govt, maritime sector pledge €60M for shipbuilding

The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaborati...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

Fortescue to acquire 12.5% ownership interest in Norwegian Hydrogen

Fortescue, a global green energy, metals and technology company, has invested close to NOK 100 milli...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Report: Shell to cut low-carbon jobs and scale back hydrogen business

According to news agency Reuters, energy major Shell will cut at least 15% of the workforce at its l...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

Balticconnector and telecom cable incidents are related, Estonian Prime Minister says

The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Esto...

Categories:
  • Authorities & Government
Posted: 5 months ago
Posted: 5 months ago

Brazilian FPSO hits full production record

The floating production storage and offloading unit (FPSO) Almirante Barroso, deployed at Petrobras’...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Winners of Denmark’s first PtX tender to build over 280 MW of electrolysis capacity

The Danish Energy Agency has closed the first Power-to-X tender, revealing six winning project divid...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Venice Energy inks exclusivity deal for use of Outer Harbor LNG terminal

Australian energy infrastructure developer Venice Energy and its compatriot energy provider Origin E...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

‘Significant discovery’ in Guyana’s Stabroek block

U.S.-headquartered energy giant ExxonMobil has made another oil discovery at the Stabroek block, rep...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Horisont Energi and Barents NaturGass pen LoI for clean ammonia supply

Norwegian clean energy company Horisont Energi has signed a Letter of Intent (LoI) with its compatri...

Categories:
  • Business Developments & Projects
Posted: 5 months ago
Posted: 5 months ago

Another Chinese oilfield begins producing

Following the start of production from an oilfield located in the South China Sea, Chinese oil and g...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Allseas unveils new pipelaying barge

Allseas has inaugurated its new barge for shallow water offshore construction activities in Singapor...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Financing secured for ARO Drilling’s two new jack-up rigs

ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its ...

Categories:
  • Vessels
Posted: 5 months ago

Subscribe to the daily newsletter Daily news in your inbox?

The latest news and in-depth stories Daily news and in-depth stories in your inbox

Subscribe now Subscribe