Business & Finance

TECO 2030 wins new government grant for fuel cell development
Norway’s cleantech company TECO 2030 has been granted NOK 50 million (around $6 million) in Norwegian government support for its development of hydrogen fuel cells

Sterling PlanB rebrands as Shift, plans new clean energy service
Canadian energy storage solutions provider Sterling PlanB (SPBES), now called Shift, has revealed its plans to expand its markets beyond marine industries and to launch a new clean energy supply service PwrSwäp.

ELA Container and THE BLUE BEACH come to Offshore Energy Exhibition and Conference
The Offshore Energy Exhibition and Conference (OEEC) is once again returning to RAI in Amsterdam, the Netherlands on 26 and 27 October. ELA Container Offshore has been a prominent part of OEEC for years and this offshore accommodation specialist is returning once again in person as one of the exhibi

TKI Wind op Zee opens innovation call for floating solar energy
TKI Wind op Zee, in collaboration with TKI Urban Energy, has launched an open innovation call to support organizations in exploring innovations and research in floating solar energy.

Sembcorp Marine clarifies its scope of work for Johan Castberg project
Sembcorp Marine has provided clarifications regarding its scope of work for the Johan Castberg Floating, Production, Storage and Offloading (FPSO) vessel.

Searcher, PESA team up for geoscience database
Searcher Seismic has entered into a strategic partnership with the Petroleum Exploration Society of Australia (PESA) to incorporate, store and present its entire technical data library on GeoClerk’s geo-imagery search platform.

QatarEnergy joins forces with ExxonMobil for exploration offshore Canada
QatarEnergy has signed a farm-in agreement with ExxonMobil Canada for an exploration license offshore Canada.

Doosan Fuel Cell to develop hydrogen fuel cells using biogas
South Korean fuel cell manufacturer Doosan Fuel Cell has signed an agreement with compatriot Korea Western Power Co. and KEPCO Engineering & Construction Company to develop technology that directly injects pure biogas from unused biogas into hydrogen fuel cells.

Tullow adds ‘pan-African’ businessman to its board
Tullow Oil has appointed a ‘pan-African’ businessman to its board as a non-executive director and chairman-designate, effective from 25 October 2021.

Sercel unveils wildlife-friendly acoustic marine source
Sercel, CGG’s seismic equipment business, has launched a purpose-built acoustic source designed to help protect marine wildlife from high-frequency emissions while conducting seismic acquisitions. According to Sercel, Bluepulse is compatible with all existing peripherals making it an easy choice for

Lamprell scores rig conversion deal with BW Energy
Lamprell has been awarded a major rig conversion contract by BW Energy, turning a jack-up rig into an offshore production facility.

EnQuest acquires stake in Golden Eagle at last
UK oil and gas company EnQuest has bought a 26.69 per cent non-operated equity interest in the Golden Eagle area in the UK North Sea.

Schlumberger expects further growth encouraged by soaring profit in 3Q 2021
Schlumberger has reported a profit boost with a revenue of $5.85 billion in 3Q 2021, compared to $5,634 billion in 2Q 2021.

In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch
Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.