Business & Finance
European Investment Bank and Hydrogen Europe team up on hydrogen projects
The European Investment Bank (EIB) and industry association Hydrogen Europe have signed an agreement for consultancy services for green hydrogen projects.
Turkey’s TPAO conducts first flow test on Sakarya gas field
Turkey’s oil and gas company TPAO has successfully completed the first flow test of the Türkali-2 appraisal well in the Sakarya gas field located in the Black Sea.
Officials urge for timely creation of ‘ten point plan’ for Welsh renewable energy
The UK Parliament’s Welsh Affairs Committee has called for the development of a specific renewable energy strategy for Wales before the end of this year as failing to do so would put at risk the emerging economic opportunities offered by the shift to net-zero.
Shell boosts dividend after 2Q profit surge
Shell has decided to boost its dividend for the second consecutive quarter this year after seeing an increase in quarterly profit.
Heerema’s giant vessel installs Cassia platform for BP – gallery
Heerema Marine Contractors’ giant heavy-lift vessel Thialf has installed the Cassia Compression platform for bp Trinidad and Tobago LLC.
TotalEnergies hits another oil target offshore Suriname
TotalEnergies and APA Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.
Two Transocean drillships get new Gulf of Mexico gigs
Offshore drilling contractor Transocean has won two contracts which, in aggregate, contribute approximately $55.5 million in the backlog.
ExxonMobil’s fresh oil find off Guyana could form basis for future development
Oil major ExxonMobil has made an oil discovery at Whiptail well off Guyana, which could form the basis for future development.
Neptune Energy’s North Sea project approved for August start-up
Norwegian authorities have granted consent for the start-up of the Neptune Energy-operated Duva field in the North Sea off Norway.
Petronas awards acreage offshore Malaysia to Shell-led trio
Malaysian energy giant Petronas has awarded Block SK437 offshore Sarawak to Petronas Carigali, Shell, and Petroleum Sarawak Berhad (Petros).
BW working to tie in Gabon wells for first oil later this year
BW Energy has completed the final horizontal production well in Gabon and is now working to tie in two wells for the first oil production.
SBM Offshore and Petrobras ink contract for Brazil’s largest oil production unit
Dutch floater provider SBM Offshore has signed contracts with Petrobras for the 26.25 years lease and operation of FPSO Almirante Tamandaré.
Eni’s request to stop Sankofa revenues freeze denied amid ongoing unitisation dispute with Springfield
Eni’s attempt to suspend the execution of a recent court ruling in Ghana has been dismissed in a case brought on by Springfield.
Petrobras renews drillship contract in Brazil
Brazilian contractor Etesco has been awarded a contract extension for a drillship with the state-owned Petrobras for operations off Brazil.