Business & Finance

FEED services provider wanted for Dutch CO2 storage project
TotalEnergies EP Nederland has issued a tender searching for a provider of the front-end engineering and design (FEED) of the trunkline for the Aramis CO2 storage project. The Aramis project is a cooperation initiative between EBN, Gasunie, Shell and TotalEnergies to explore the joint development of

AKVA Group, Inseanergy team up to decarbonize aquaculture using floating solar
AKVA Group and Norwegian floating solar company Inseanergy have signed a letter of intent for the supply and integration of green energy solutions to the aquaculture industry.

GTT nets LNGC and VLECs tank design orders
French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers

Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem
Five oil & gas firms have inked an industry collaboration agreement with a software company to standardize the digital supply of spare parts.

Wintershall Dea exiting Russia as operations are “not tenable”
Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that continuing to operate in Russia is “not tenable” and that Russia’s aggression on Ukraine is incompatible with the company’s values. The Supervisory Board approved a principle decision by the Management Board

Fresh gas discovery in Norwegian Sea puts tie-back potential on the table
Norwegian state-owned energy giant Equinor has made a new commercial gas discovery in the Norwegian Sea using an Odfjell Drilling-owned rig.

Gasunie joins hydrogen storage pilot project in Germany
Energy infrastructure company Gasunie has partnered up with the storage operator STORAG Etzel for H2CAST, the hydrogen storage project in the Etzel caverns in the German state of Lower Saxony. Gasunie said that with H2CAST, which stands for H2 CAvern Storage Transition, the two companies, together w

UK firm chosen to drill well offshore Isle of Man
Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy with a contract to drill an appraisal well this year in the Crogga gas field in the Irish Sea. The 112/25a-2 appraisal well, called Independence, will be used to establish commercial flow rates of gas

UK’s first licensing round since 2019 brings 115 bids from 76 oil & gas firms
The UK’s 33rd offshore oil and gas licensing round has attracted a total of 115 bids across 258 blocks and part-blocks from 76 companies.

HAROPA PORT reveals €590m investment in decarbonized industrial cluster
In 2022, HAROPA PORT, France’s leading port, saw over half a billion euros invested in the development of a decarbonized industrial cluster at the port. “The ecological and energy transition account for 16% of the port’s investments in 2022 and will increase to 19% in 2023,” the port authority said.

UK partners developing new system to ‘revolutionize’ subsea cutting
A partnership comprising Acteon’s Claxton, the University of Aberdeen, the National Decommissioning Centre, and the Net Zero Technology Centre is developing a gas-jet system expected to “revolutionize” subsea cutting. The Underwater Laser Cutting (UWLC) technology is said to improve efficiency when

UK player snaps up North Sea discovery
Quattro Energy has entered into a binding deal to buy a license in the Central North Sea, which includes an existing oil discovery.

OMV gearing up to drill two North Sea wells
OMV has secured a drilling permit from Norway’s authorities for two exploration wells in the Norwegian part of the North Sea.

CMB seeks dismissal of Euronav’s Supervisory Board members
Euronav’s shareholder Compagnie Maritime Belge NV (CMB) is asking for the dismissal of all five members of the tanker giant’s Supervisory Board following the failed merger with Frontline. The company has issued a request to Euronav requesting for a special general meeting of the Supervisory Board as