As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from a court in Louisiana seemingly ended a temporary lul
TotalEnergies has expanded its gas portfolio with more assets off the coast of Malaysia by wrapping up the acquisition of stakes OMV and Sapura Upstream held in SapuraOMV Upstream Assets, a Malaysian independent gas producer and operator.
The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On
Swedish tidal energy developer Minesto has finalized the design and technical specifications for its upgraded Dragon 12 tidal energy system, marking a step toward deploying the first Dragon farm at Hestfjord in the Faroe Islands. According to Minesto, the project’s Phase 1 targets a capacity of 10
UK-headquartered Subsea Technology & Rentals (STR) has entered into an investment deal with STAR Capital Partnership as part of its growth strategy. STAR Capital Partnership has become STR’s new majority shareholder, with the investment set to enable the UK firm to further evolve its equipment and s
France’s energy giant TotalEnergies has started production from a well in the Harald East area, with the gas set to be exported through the Tyra facilities in the Danish sector of the North Sea. Once a final investment decision (FID) was made by the Danish Underground Consortium (DUC), including Tot
A project that seeks to develop a common infrastructure in southern Sweden for transport and storage or utilization of carbon dioxide (CCUS) has received a financial boost from the Swedish Energy Agency (Energimyndigheten).
Borr Drilling has won a new long-term, multi-well assignment for one of its jack-up rigs with an undisclosed operator off the coast of West Africa.
The Dutch Marine Energy Centre (DMEC) has unveiled a market report forecasting that tidal and wave energy could anchor Europe’s green transition and bring billions in market value by 2050, however, there are certain challenges that need to be surpassed for them to reach their potential. Leveraging h
Proserv has been awarded a contract by DEME Offshore to de-risk offshore wind operations at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm project in the UK. According to Proserv, the company will utilize its Electro Cable Guard (ECG) system to identify signs of transmission cabl
Wintershall Dea has undertaken appraisal activities with one of Transocean’s rigs at a gas discovery in the Norwegian Sea, 270 kilometers north of Kristiansund, off the coast of Norway.
The UK’s National Subsea Centre (NSC) and PlanSea, a spin-out company from Robert Gordon University (RGU), have secured a grant to develop a subsea decommissioning optimization software demonstrator with artificial intelligence (AI) technology. The partners, which have collaborated for many years to
Equinor has crossed the finish line for the divestment of its upstream assets in Azerbaijan and Nigeria, bringing a consideration of up to $2 billion to fuel the firm’s oil and gas portfolio optimization mission.
QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club members.
