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Business & Finance

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Ivar Aasen platform; Source: Aker BP
Business & Finance

Aker BP’s North Sea field comes on stream

Aker BP has started production from a field in the North Sea, which has been tied back to an existing platform off the coast of Norway.

about 2 years ago
Illustration; Source: DNV
Business & Finance

Interview: Shaping up UK’s gas infrastructure to get it ready for hydrogen bonanza

Can hydrogen overcome the obstacles in its path to show it is the real deal in the fight against climate change?

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about 2 years ago
Klaipeda LNG terminal; Source: KN Energies
Business & Finance

Trio joins hands to boost seafarers’ FSRU and LNG carrier servicing skills

KN Energies, the Lithuanian Maritime Academy, and Hoegh LNG Klaipėda have inked a deal to enhance LNG carrier and FSRU servicing skills.

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business & Finance

UK oil & gas player slapped with £100K fine in venting breach suppression drive

NSTA has given NEO Energy a fine in a clampdown on venting and flaring lack of oversight on the UK Continental Shelf (UKCS).

about 2 years ago
Neptun Deep offshore platform simulation
Business & Finance

Deal for work on giant Black Sea gas project finds its way to ABL’s worksheet

South-Eastern Europe’s integrated energy player OMV Petrom has selected ABL, part of ABL Group, to provide marine warranty survey (MWS) services for a natural gas project which is said to be the largest one in the Romanian area of the Black Sea.

about 2 years ago
World’s longest interconnector officially launched
Business & Finance

World’s longest interconnector officially launched

Deemed the world’s largest interconnector, Viking Link, connecting the UK and Denmark, has officially been inaugurated. The £1.7 billion Viking Link, which started operating on December 29, 2023, has a capacity of 1.4 GW and stretches for 475 miles under land and sea, joining the Bicker Fen substati

about 2 years ago
Stena Blue Sky; Source: Stena Bulk
Business & Finance

Stena Bulk bids farewell to its last LNG tanker

Sweden’s Stena Bulk has no more LNG carriers in its fleet after selling the remaining one to an undisclosed Asian buyer.

about 2 years ago
PSV Energy Pace; Source: Golden Energy Offshore
Business & Finance

More time with Shell for Golden Energy Offshore vessel

Golden Energy Offshore Services (GEOS) has secured a contract for a platform supply vessel (PSV) with Shell UK.

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

Issue at North Sea gas project has TotalEnergies considering impact on timeline for full capacity

TotalEnergies is contemplating the effect an issue may have on the schedule for reaching full technical capacity at its natural gas project off the coast of Denmark.

about 2 years ago
Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.
Business & Finance

TechnipFMC orders buoyancy modules for Equinor’s giant UK oil & gas field

Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.

about 2 years ago
ACE platform on ACG field; Source: BP
Business & Finance

First oil gushes out of BP’s giant new offshore platform in Azerbaijan

BP has started oil production from its new 48-slot production, drilling, and quarters platform in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
Norwegian seismic duo receives local clearance for merger
Business & Finance

Norwegian seismic duo receives local clearance for merger

Norwegian seismic companies PGS and TGS have received clearance from the Norwegian Competition for their merger. Back in September 2023, TGS and PGS announced their agreement on principal terms to combine the two firms and create a strong full-service energy data company. The companies’ shareholders

about 2 years ago
PSV Aurora Cooper; Source: Aurora Offshore
Business & Finance

Cyprus-based firm pools resources with UK player to widen its offshore energy market reach with two vessels

Pelagic Partners has invested in two PSVs, joining forces with UK’s Borealis Maritime and thus boosting its offshore energy asset exposure.

about 2 years ago
CETO technology
Business & Finance

Carnegie’s wave energy converter step closer to deployment at BiMEP

CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has achieved a milestone as part of the ACHIEVE project, coming one step closer to deploying its CETO wave energy converter in the Basque Country, Spain. CWEI passed the EuropeWave Authorisation to Proceed (ATP) mil

about 2 years ago