Business & Finance
Aker BP gearing up to drill North Sea wildcat
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Odfjell Drilling-managed rig hired to spud North Sea prospect
DNO Norge has picked one of the Odfjell Drilling-managed rigs for the drilling of a prospect in the North Sea off Norway.
Reach Subsea extends charter of 2007-built subsea vessel
Norway-headquartered Reach Subsea has extended the charter of Olympic Subsea’s multifunctional subsea support and construction vessel Olympic Triton. Following a six-month charter of the vessel announced on 6 February, Reach Subsea reported that it had exercised the option to charter the 95-meter-lo
Platform supply vessel secures more time with Repsol
Golden Energy Offshore Services (GEOS) has won another contract extension for one of its PSVs with Repsol.
Shell gives three-year deal for its global projects to Worley
Shell Global Solutions International has picked Australia’s engineering company Worley to support its projects across the globe.
Will Labour’s plans to turn Britain into renewables’ superpower shut down UK’s oil & gas sector?
The UK’s Labour has set its mind on bringing new oil and gas exploration in UK waters to an end while ushering in a green energy future.
EEC shares insights on overcoming hurdles in permitting process for recycling of 1st ship
Netherlands-based ship recycling startup Elegant Exit Company (EEC) has received a green light from the Supreme Council for Environment (SCE) in Bahrain, a government entity in charge of the country’s environment strategy development, to move forward with the recycling of its first vessel. Elegant E
Another preferred bidder status for Prysmian in the UK
Cabling giant Prysmian has been selected as the preferred bidder for the Eastern Green Link 1 (EGL1) cable connection in the UK. The news came shortly after it was revealed that the Italian company had been selected for Eastern Green Link 2 (EGL2). Great Britain transmission grid owners SP Transmiss
CorPower sings praises for Portuguese wave energy suppliers
CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.
Repurposing oil & gas infrastructure to harness offshore wind power
Converting oil and gas infrastructure for use in the offshore wind industry would slash installation costs for renewable energy operators.
Norwegian authority looks into Northern Lights CCS project
The Petroleum Safety Authority Norway (PSA) has completed an audit of the joint venture behind the Northern Lights carbon capture and storage project (CCS) and some of its elements. The PSA conducted an audit of the Northern Lights joint venture and the follow-up of pipelines and subsea facilities i
Ocean Yield trims sails, signs up for up to 9 ammonia-ready Newcastlemaxes with CMB
Norwegian shipowner Ocean Yield has finalized the terms of its previous announcement on the acquisition of up to ten ammonia-ready Newcastlemax dry bulk newbuildings. Namely, in its latest announcement, the company said it had agreed with the charterer to finalize the transaction scope at eight or n
In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
BP and PetroChina secure regasification capacity at Gate LNG terminal
Gate LNG terminal, a joint venture of Dutch companies Vopak and Gasunie, has announced that energy majors BP and PetroChina International London Co. Ltd will each separately acquire two billion cubic metres (BCM) per year of regasification and corresponding storage capacity. Gate terminal informed t