Business & Finance
OMV preparing to kick off drilling ops with Transocean rig
OMV has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Transocean’s rigs.
Three players rolling up their sleeves to make two North Sea prospects drill-ready following licence split
A new licence group has been formed while an extended work period has been granted for a licence, which has been stratigraphically split.
Vos Prodect joins Jan De Nul on new Scottish interconnector
UK-based Vos Prodect, in collaboration with Jan De Nul, has been selected to provide pipes for the new Pentland Firth interconnector in Scotland. The Pentland First East project 3 will consist of a new subsea power cable between Caithness at Murkle Bay to Rackwick Bay at Hoy. Jan De Nul is in charge
Port Esbjerg: Lack of personnel as specialized vessels create specialized jobs
The fast-paced development of the offshore wind industry is causing the emergence of new, unforeseen jobs to which ports cannot cater as there is a lack of people and a lack of port capacity, Jesper Bank, Chief Commercial Officer of Port Esbjerg, said during a presentation in Denmark. Although the n
Interview with MCF’s CEO: In hot pursuit of gas as embodiment of low-carbon energy and stepping stone to green future
Natural gas is perceived to be the perfect candidate to bridge the supply gap in the transition from fossil fuels to renewables.
UK project brings AI to subsea inspections
The UK’s National Subsea Centre (NSC) and Robert Gordon University (RGU) are collaborating on a data project to add artificial intelligence technology to subsea inspection operations. The Subsea AI Body of Knowledge (SAIBOK) project is using AI and machine learning technologies to accurately train a
‘First producing assets’ on the horizon, as Longboat snatches up stakes in two North Sea oil & gas fields
Longboat is in the process of expanding its oil and gas portfolio with stakes in two fields, which will become its initial production assets off Norway.
CoolCo purchases two newbuild LNG carriers from EPS
Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industr
With another ship sale out of the way, Solstad sells vessels like hot cakes while other players snap them up
Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.
Tyra II takes one step closer to first gas – gallery
The work on the export pipeline for TotalEnergies’ redevelopment project in the Danish North Sea has been completed.
In focus: CCS and renewables leading the energy transition race
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner
Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE
Wavepiston and university partners get €2M grant for wave energy project
Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Prysmian Group has set new near-term and net-zero GHG emission reduction targets, which will enable it to reach its sustainability goals.