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Four persons with flashlights inspecting the interior of a metal construction

Business & Finance

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago

Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG

Business & Finance

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

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Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago

Troll C platform in the North Sea; Source: Equinor

Business & Finance

Two North Sea platforms plug into shore power as works on full electrification continue to take decarbonization up a notch

Equinor has shifted its carbon footprint reduction efforts into higher gear with the partial electrification of two offshore platforms at a giant North Sea field off the coast of Norway.

about 2 years ago

Van Oord's next-gen hybrid cable layer picks up cable for its debut project

Business & Finance

Van Oord’s new, hybrid cable layer ready for its first offshore wind project

Van Oord’s new, next-generation cable-laying vessel (CLV) is getting ready for its first project with the pick up of inter-array cables destined for a UK offshore wind farm. Calypso, Van Oord’s second CLV which will mostly be used for installing inter-array and export cables for offshore wind projec

about 2 years ago

Business & Finance

European Union backs South Africa’s hydrogen agenda with €32 million

The European Union has committed R628 million (approximately €32 million) in grants to promote the sustainable development of green hydrogen value chains in South Africa.

about 2 years ago

Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor

Business & Finance

Equinor’s drilling activities end up unearthing more Norwegian gas

Equinor has made a new gas and condensate discovery in the Norwegian Sea off the coast of Norway, using one of the semi-submersible rigs owned by Transocean, an offshore drilling contractor.

about 2 years ago

BW Pavilion Aranthera LNG carrier at Krk terminal in Croatia; Source: LNG Croatia

Business & Finance

Croatia’s gas terminal tucks 100th LNG shipment under its belt in less than four years

MET Group has confirmed the delivery of the 100th liquefied natural gas (LNG) shipment to a floating LNG terminal in Omišalj municipality on the island of Krk, Croatia.

about 2 years ago

Denmark's pilot CO2 storage project paves the way for large-scale CCS

Business & Finance

Denmark’s CO2 storage pilot project paves the way for large-scale CCS

The consortium partners behind Project Greensand have submitted the final report for the CO2 storage pilot project, paving the way for the development of large-scale carbon capture and storage (CCS) in Denmark. Project Greensand marked a world first on March 8, 2023, with the first-ever injection of

about 2 years ago

A view of some pipes in the foreground and a vessel in the background

Business & Finance

Polish energy player to use Lithuania’s LNG reloading capacity until 2030

Lithuanian liquefied natural gas (LNG) terminals’ operator KN Energies has prolonged the contract with Polish energy player ORLEN Group, enabling the latter to use the small-scale reloading station in the Baltic country for five more years. The deal will grant the Polish player sole access to a smal

about 2 years ago

A view of the seaside with rocks and a seagull in the foreground and an offshore platform in the background

Business & Finance

‘Significant’ Southern North Sea acreage for Australian firm in UK’s licensing round

Hartshead Resources has received a letter of offer and license documentation for six new licenses covering ten blocks as part of the UK’s oil and gas licensing round awarded by the country’s regulator, the North Sea Transit Authority (NSTA).

about 2 years ago

Business & Finance

Shearwater GeoServices to start 2025 in Ghana

Norwegian marine geoscience and technology company Shearwater GeoServices is set to commence a seismic monitoring project at the beginning of 2025 at a field offshore Ghana that was discovered in 2007. Shearwater Geoservices will perform a two-month 4D seismic survey at the Jubilee field, operated b

about 2 years ago

Business & Finance

Saipem exploring nuclear tech as ‘new frontier’ in offshore oil & gas for emission-free energy

Saipem is pooling resources with the UK-based newcleo to throw nuclear technology into the offshore oil and gas operations mix and look into the development of floating nuclear-powered prototypes on a quest to achieve zero-emission energy.

about 2 years ago

CoreAll's video footage indicates Saipem's Scarabeo 8 semi-submersible rig participated in the CoDril trials with Aker BP in the Barents Sea; Image source: Var Energi

Business & Finance

Oil & gas firm puts tripping-free tech forces to the test: Blazing new trails to shape coring and drilling innovations

The field trials off the coast of Norway aim to determine whether an innovative technology designed to solve core drilling’s tripping woes will live up to expectations.

about 2 years ago

Illustration; Credit: Morten Berentsen/NOD

Business & Finance

21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS).

about 2 years ago