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Business & Finance

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Aventa
Business & Finance

French engineering company acquires Irish Sea Contractors to expand offshore wind and cable services

9 days ago
Fugro USV
Business & Finance

EIB backs Fugro's USV technology development with €150 million

9 days ago
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Rig at sea
Business & Finance

New oil & gas discovery set to join North Sea fast-track plays fuelling Europe’s energy security

Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.

9 days ago
An FPSO at sea surronded by two supply vessels
Business & Finance

Kistos strengthens its presence in North Sea oil & gas hub with Vår Energi deal

Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.

9 days ago
LNG vessel at sea
Business & Finance

Shell, GTT, and Lloyd’s Register eye hybrid-electric LNG carrier design

The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.

10 days ago
An industrial gas or petroleum processing facility with a worker wearing Equinor's logo on his back
Business & Finance

Equinor to feed Dutch grid with low-emission Norwegian gas through 2031

Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.

10 days ago
A hydrogen-powered coastal bulk carrier
Business & Finance

New wind for hydrogen-electric shipping as GMI-PowerCell collaboration expands to four bulk carriers

PowerCell’s new order to supply hydrogen fuel cell systems for two more GMI bulk carriers brings the total fleet order to four vessels.

11 days ago
CMES and RINA Management
Business & Finance

AI, next-gen tech, and maritime decarbonization on RINA- China Merchants Energy Shipping pact’s agenda

The duo will explore AI-powered vessel operations, smart shipping, alternative fuels, and maritime decarbonization.

11 days ago
A remotely operated vehicle (ROV)
Business & Finance

Ørsted expands offshore wind ROV fleet with third Saab electric subsea robot

Ørsted has turned to Saab UK for a third remotely operated vehicle (ROV) to scale up underwater capabilities across its offshore wind assets.

11 days ago
An offshore semi-submersible rig at sea
Business & Finance

Shell and Equinor fuel $1.1 billion backlog uptick for Transocean

Transocean gets its hands on a North Sea contract for a semi-submersible with Shell and a final approval for three rigs from Equinor.

11 days ago
SLB
Business & Finance

SLB and TotalEnergies enter into 15-year digital drilling agreement

14 days ago
Offshore platform at sea
Business & Finance

Fresh North Sea gas discovery yields up to 10 million barrels of oil equivalent

A routine sidetrack drilling operation in the North Sea has paid off for Equinor, yielding a fresh gas discovery.

15 days ago
Offshore drillship
Business & Finance

Valaris rigs find more work in North Sea, Australia, and Suriname

Valaris has revealed a total of $220 million secured in new offshore assignments and contract extensions.

16 days ago
Orah subsea energy storage system
Business & Finance

Subsea battery system for offshore wind completes test before deployment

17 days ago