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Business & Finance

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Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business & Finance

Busy times ahead for offshore gas field as activities in Black Sea unfold

Trillion Energy has set the stage to undertake a two-month work program on a natural gas field in the Black Sea off the coast of Türkiye.

about 2 years ago
Synergia Energy
Business & Finance

UK firm goes on the hunt for partners to join its North Sea CCS project

Synergia Energy is on the lookout for partners that will join its carbon capture and storage (CCS) project in the UK sector of the North Sea.

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about 2 years ago
Map indicating a potential preferred area for a 50MW PV farm with corresponding cable route to Delimara Power Station
Business & Finance

‘Strong’ investor interest brings Malta 13 proposals for floating solar farms

Malta’s Regulator for Energy and Water Services (REWS) has received 13 proposals for the potential development of floating solar farms in Maltese territorial waters.

about 2 years ago
NG Worker marine survey vessel; Source: EirGrid/RTE
Business & Finance

Offshore cable installation for France-Ireland interconnector on track to kick off next year

The Celtic Interconnector is starting to take shape and the offshore cable installation work is slated to begin in 2025.

about 2 years ago
FPSO Triton; Source: Dana Petroleum
Business & Finance

Subsea7’s new multibillion-dollar UK gig brings it more work in North Sea oil & gas arena

Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field in the North Sea.

about 2 years ago
FPSO Alvheim; Source: Aker BP
Business & Finance

On portfolio optimization quest, Vår Energi offloads stake in North Sea oil field

Vår Energi has set the wheels into motion to sell its interest in a field in the Norwegian sector of the North Sea, operated by Aker BP.

about 2 years ago
Troll A platform; Source: Equinor
Business & Finance

SLB, Subsea7, and Aker Solutions’ JV finds work on $1 billion North Sea gas project

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, will work on a project that aims to bolster gas infrastructure at a giant oil and natural gas field in the North Sea.

about 2 years ago
Air Liquide
Business & Finance

Air Liquide issues €500 million green bond for sustainable energy projects

Air Liquide has issued a new €500 million green bond to finance or refinance flagship energy transition and sustainable projects, in particular in low-carbon hydrogen, carbon capture and low-carbon air gases.

about 2 years ago
Illustration; Source: National Grid
Business & Finance

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.

about 2 years ago
THREE60 Energy has been hired to supply gantry crane systems to Sumitomo; Source: THREE60 Energy
Business & Finance

Japanese giant hands out another multi-million-pound deal for its power cable factory in Scotland

Sumitomo Electric Industries (SEI) has inked a second multi-million-pound contract with THREE60 Energy for its new power cable factory in Nigg, Scotland.

about 2 years ago
Illustration; Source: Aker Solutions
Business & Finance

Aker Solutions rebrands its consultancy business, with twofold headcount increase on the horizon

Aker Solutions has shared a new name for its consultancy arm alongside plans to boost revenue and personnel by 50% over the next six years.

about 2 years ago
Troll A platform in the North Sea; Credit: Øyvind Gravås/Even Kleppa - Equinor
Business & Finance

Equinor unveils over $1 billion investment to lift the gas production bar at giant North Sea field

Equinor has disclosed plans to develop further gas infrastructure at a huge oil and natural gas field in the Norwegian sector of the North Sea.

about 2 years ago
Ambroise Fayolle, EIB Vice-President, and Kestutis Sadauskas, Deputy Director-General of the Directorate-General for Maritime Affairs and Fisheries with the EU Blue Champions.
Business & Finance

EU Blue Champions: Marine energy companies secure support for growth

Selected companies align with the EU Mission on ocean and waters by aiming to restore marine and freshwater ecosystems and biodiversity, prevent and eliminate pollution, or decarbonize the blue economy.

about 2 years ago
Industry unites to bridge knowledge gap on effects of subsea cables on marine wildlife
Business & Finance

Industry unites to bridge knowledge gap on effects of subsea cables on marine wildlife

A number of companies from the industry have joined forces in a project to investigate the effects of subsea electricity cables on marine wildlife, expected to contribute to developing environmentally friendly power cable systems. The FlatEMF project, being undertaken by 50Hertz, EirGrid, Europacabl

about 2 years ago