Business & Finance

Equinor ready to deploy Transocean rig for work in Norwegian Sea
Equinor has received consent from Norway’s offshore safety regulator to use one of Transocean’s semi-submersible rigs on a field located in the Norwegian Sea.

TotalEnergies starts binding open season for Le Havre FSRU capacity
TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has launched a binding open season to market long-term capacity in its floating storage and regasification unit (FSRU) in Le Havre, France. As announced, the registration period for the open season starts o

Equinor gets the all-clear for North Sea drilling ops
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using one of Odfjell Drilling’s rigs.

Shell all-set to use well intervention vessel at two North Sea fields
Shell has received consent from the Norwegian regulator to use one of Island Offshore’s mobile offshore units (MOU) on two fields off Norway.

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights
IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.

Aker Solutions wins contract for Norwegian Sea tie-back job
Norway’s energy giant Equinor has awarded compatriot oilfield services provider Aker Solutions with a contract to tie back two gas fields in the Norwegian Sea to the Åsgard B platform. The contract comprises engineering, procurement, construction, installation and commissioning (EPCIC) and implies t

Denmark and Germany ally on hydrogen and energy systems integration
Denmark and Germany have signed a cooperation agreement on green hydrogen and the integration of the two countries’ energy systems. According to Denmark’s Ministry of Climate, Energy, and Supply, the declaration is to facilitate an ongoing dialogue between Denmark and Germany and relevant actors abo

ABL Group to act as marine warranty surveyor for multiple oil & gas developments off Norway
ABL Group has been appointed as a marine warranty surveyor for the transportation and installation operations on several Aker BP-operated offshore field developments located on the Norwegian Continental Shelf (NCS).

Rovco makes reorganization moves as part of growth strategy
UK provider of subsea robotics and integrated survey solutions Rovco has set up two business units focused on delivering on a specific area of expertise as part of its plans for greater global and sectoral growth. The company, founded in 2016, will now operate through two separate business units, ea

In focus: Offshore hydrogen steals the show once again
In a world troubled by climate change and energy crisis, it has become clear that hydrogen will play a significant role in creating a low-carbon energy mix. Multiple studies have explored its advantages in decarbonising hard-to-abate sectors and boosting the security of supplies as new pilot and lar

Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand
Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.

Inseanergy gears up for fundraising campaign
Inseanergy, a Norwegian company developing floating solar solutions for aquaculture industry, has announced the upcoming fundraising campaign to prepare for further growth and internationalization.

Following last year’s explosions, Danes find undefined object near Nord Stream pipeline
Following explosions in late September 2022 that caused damage to the Nord Stream pipelines, the Danish Energy Agency has found an undefined object near one of the two gas pipelines. A cylindrical object that is about 40 cm tall and 10 cm in diameter has been found near the Nord Stream 2 pipeline, t

No hydrocarbons for Equinor in North Sea well
Norway’s energy giant Equinor has completed the drilling of a wildcat well in the North Sea off Norway but failed to find hydrocarbons.