Overview page containing news articles

Business & Finance

List of the highlighted articles

Posted: 8 months ago

Norden buys into Danish-Indian biofuel scale-up to strengthen future supply

Danish shipping company Norden has acquired a minority stake in MASH Makes, a Danish-India...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
Posted: 8 months ago

Four-year saga comes to an end as operator pleads guilty in Hibernia oil spill case

The company operating the Hibernia platform off the coast of St. John’s has pled guilty in relation ...

Categories:
  • Authorities & Government
Posted: 8 months ago
Posted: 8 months ago

Gas compressor for ‘world’s largest offshore CCS project’ ordered from Japan

Malaysia Marine and Heavy Engineering (MMHE) has placed an order with a Japanese company for a gas c...

Categories:
  • Carbon Capture Usage & Storage
Posted: 8 months ago
Posted: 8 months ago

New North Sea gig for Shelf Drilling jack-up rig

Shelf Drilling has been awarded a new contract for one of its jack-up rigs by CNOOC Petroleum Europe...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Procopiou's Sea Traders inks massive bulker deal with CSSC

Sea Traders, owned by major Greek shipping magnate George Procopiou, has returned to China for addit...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
Posted: 8 months ago

With Shell and Wood going steady for 70 years, new deal for energy projects extends their relationship

Wood has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide servi...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Yinson gets its hands on Brazil-bound FPSO

Yinson Production has acquired an FPSO vessel, which is destined for work at Enauta’s oil field offs...

Categories:
  • Business & Finance
Posted: 8 months ago
  • long read
Posted: 8 months ago
Premium

Are Britain’s green and low-carbon ambitions hanging by a thread?

A deep dive into the recent developments in the UK and the way the energy industry feels about their...

Categories:
  • Transition
Posted: 8 months ago
Posted: 8 months ago

Ocean Yield invests in four methanol-ready LR1 product tankers

Norwegian ship owning company Ocean Yield revealed it will purchase four LR1 product tankers, to be ...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
Posted: 8 months ago

SSEN Transmission to hold information events for Orkney subsea link

SSEN Transmission is set to hold two information events in August about the planned subsea electrici...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Another delay hinders sale of North Sea discovery

United Oil & Gas is engaged in talks with Quattro Energy regarding a potential further extension...

Categories:
  • Business & Finance
Posted: 8 months ago
Posted: 8 months ago

Deltamarin bags deals for PCTC design with alternative fuels

Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
  • long read
Posted: 8 months ago
Premium

BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed

BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent...

Categories:
  • Business & Finance
Posted: 8 months ago
Posted: 8 months ago
Premium

Dutch company embarks on Denmark-Belgium interconnector project

Danish and Belgium transmission system operators (TSOs) have awarded a Dutch company with a contract...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Spain bankrolls APM Terminals' electrification pilot

The Government of Spain, via the Moves Singular Projects II Programme, has granted EUR 3.9 million (...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
Posted: 8 months ago

EC approves €246 million Dutch renewable hydrogen scheme

The European Commission (EC) has approved a €246 million Dutch scheme to support the production of r...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
Posted: 8 months ago

CMA CGM turns to Wärtsilä for methanol-fuelled auxiliary engines

Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the Fr...

Categories:
  • Business Developments & Projects
Posted: 8 months ago
  • long read
Posted: 8 months ago
Premium

With multiple upcoming deals in the bag, sea of opportunities for Transocean’s rig fleet still ‘robust’

Offshore drilling contractor Transocean has expanded its contract backlog with multiple new deals du...

Categories:
  • Business & Finance
Posted: 8 months ago
Posted: 8 months ago

DeepOcean charters newbuild USV with hybrid diesel-electric propulsion

DeepOcean is chartering a newbuild unmanned surface vessel (USV) which will be used for subsea inspe...

Categories:
  • Vessels
Posted: 8 months ago
Posted: 8 months ago

COSCO Shipping’s electric containership hits the water

Chinese shipping company COSCO Shipping Development reached a significant milestone on July 26 with ...

Categories:
  • Vessels
Posted: 8 months ago
Posted: 8 months ago

Additional time secured for BW Offshore FPSO off Nigeria

Eni has handed out yet another short-term contract extension to BW Offshore for one of its FPSOs, wh...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Two Borr Drilling jack-up rigs booked for work in Middle East and Southeast Asia

Borr Drilling has secured letters of award (LOA) for two premium jack-up drilling rigs, which increa...

Categories:
  • Project & Tenders
Posted: 8 months ago
Posted: 8 months ago

Valaris to reactivate stacked drillship for new gig off West Africa

Valaris has secured a new long-term contract with an undisclosed company for one of its drillships, ...

Categories:
  • Project & Tenders
Posted: 8 months ago
  • long read
Posted: 8 months ago

ADNOC’s decarbonisation journey picks up speed with new net-zero target

UAE’s ADNOC has decided to step up its decarbonisation efforts by accelerating its net-zero am...

Categories:
  • Transition
Posted: 8 months ago
Posted: 8 months ago

Fugro performs another fully remote survey for TAQA

Fugro has completed another fully remote offshore survey inspection in the North Sea for the oil and...

Categories:
  • Innovation
Posted: 8 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