Business & Finance
Höegh LNG and Germany firm up second 10-year FSRU charter deal
Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef
Equinor secures the all-clear for North Sea drilling ops with Transocean rig
Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs for drilling ops in the North Sea.
Saipem unveils new solution for offshore energy operators
Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.
Equinor gearing up to drill Norwegian Sea prospect
Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.
DNV certifies first Danish CO2 storage project
Project Greensand, a CO2 storage project being developed in Denmark, has received safety certification from DNV for its pilot phase. DNV has confirmed that the safety of the design and components meets Danish legislation as well as Danish and international standards. The awarding of the Statement of
Energean on track to ramp up its oil & gas output once new projects come online
Energean is set on reaching its medium-term production target by boosting output from a field off Israel and bringing new projects on stream.
Nauticus Robotics kick-starts its international expansion with new operating bases
Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.
Ocean Installer makes a comeback
Norway-based Havfram Subsea is reclaiming the Ocean Installer brand following the announcement of the sale of its offshore wind business line. Havfram’s subsea business was known as Ocean Installer from the company’s inception in 2011, with the 2020 name change reflecting its diversification into th
Gen2 Energy and Norsk e-Fuel to boost green industry in Norway
Norsk e-Fuel, an industrial consortium for creating sustainable fuel, and Gen2 Energy, a Norwegian green hydrogen company, have signed a Memorandum of Understanding (MoU) to collaborate in the development of Mosjøen as a key location and workplace for the green industry in Norway. The collaboration
UK prospect nears spud date, while sanctioning of another West of Shetland project gets delayed
A rig has been hired for the drilling of a prospect in the UK later this year, but a FID for another project has been postponed.
UK regulator launches consultation on new carbon storage data powers
The North Sea Transition Authority (NSTA) has launched a consultation on information and sample-related matters in Carbon Dioxide Appraisal and Storage and Petroleum Licences, and the principle of new data powers in support of energy security and the transition to net zero. The UK regulator is aimin
Will energy infrastructure emerge as an ace up Europe’s decarbonisation sleeve?
A new report on Europe’s energy transition progress highlights the key role energy infrastructure is playing in driving decarbonisation.
All-systems-go for Equinor to deploy Shelf Drilling rig at North Sea oil & gas field
Equinor has received consent from Norway’s regulator to use Shelf Drilling’s jack-up rig for drilling ops at a field in the North Sea.
Well test results at North Sea gas project ‘unexpected and disappointing’
IOG may need to go back to the drawing board to formulate a new plan for the production from the Southwark field in the North Sea.