Business & Finance
Another drilling job in place for Deepsea Yantai semi-sub
Odfjell Drilling has agreed on a contract for the use of the Deepsea Yantai semi-submersible rig for one well located in the Norwegian Sea, with further options. The company agreed on the contract with PGNiG Upstream Norway, part of Poland’s oil and gas company PGNiG, on behalf of CIMC Offshore. The
Green light for Equinor to undertake ops in North Sea with COSL Drilling’s rig
Norwegian offshore safety regulator has given Equinor its consent to use a COSL Drilling-owned rig for drilling at a field in the North Sea.
TGS: Ease of access to data is the key
Norwegian seismic player TGS, which has 40 years of experience in gathering data in the oil and gas sector, is making its way into renewables. Jaan Schoolmeesters, the company’s Executive Vice President, talks about how TGS is bringing approaches from oil and gas into the wind and other domains. Acc
Fourth Volstad vessel to feature NES battery system
Volstad Maritime has awarded Norwegian Electric Systems (NES) with a contract for the delivery of a battery system for another subsea construction vessel. NES will provide the battery package and associated control system for battery charging to the Deep Cygnus in connection with a forthcoming vesse
Vopak, Hydrogenious roll out hydrogen storage and transport JV
Dutch tank storage company Vopak has teamed up with Germany-based Hydrogenious LOHC Technologies to establish a joint venture specializing in hydrogen storage, transport, and supply. At the heart of the 50-50 joint venture named LOHC Logistix will be Hydrogenious’ Liquid Organic Hydrogen Carrier (LO
TotalEnergies finds ‘signs of hydrocarbons’ in North Sea well
TotalEnergies has confirmed the presence of hydrocarbons in an appraisal well in the Central North Sea of the UK Continental Shelf (UKCS).
Danish renewable energy company welcomes new year on the crest of a wave
Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.
How likely is the divorce from gas, as the emerging love affair with hydrogen stakes its claim?
Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.
Energy outlook: Oil making a comeback in 2023, says WoodMac
With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.
Carbon Transition and repeat customer sign $2.5 million seismic data licensing contract
Carbon Transition has entered into a new $2.5 million multi-client seismic data licensing contract with an existing customer for the Utsira multi-client survey in Norway. Under the contract, the customer, whose name has not been disclosed, will license Carbon Transition’s Utsira multi-client survey.
2022 in review: Some of the major incidents related to offshore oil & gas
Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.
Gallery: UK port ends 2022 on a high note with some of the world’s largest rigs among current projects
Due to several ongoing projects, the UK’s Kishorn port (KPL) is currently playing host to giant semi-submersible and jack-up drilling rigs.
Gas investments worth $245 billion across Africa in risk of becoming stranded assets
Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.
Future of oil & gas industry hinges on cutting down emissions
As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?