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Business & Finance

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Surveys starting at UK-Netherlands multi-purpose interconnector
Business & Finance

Surveys starting at ‘first-of-its-kind’ UK-Netherlands multi-purpose interconnector

Italy-headquartered Next Geosolutions is about to kick off a cable route survey in the UK for the LionLink multi-purpose interconnector that will connect the UK with the Netherlands. LionLink, being developed by the Dutch TenneT and the UK’s National Grid, will connect a Dutch offshore wind farm wit

about 2 years ago
Judy platform; Source: Harbour Energy
Business & Finance

UK player scores more work on Harbour Energy’s North Sea platforms

European Power Systems (EPS) has signed a master service agreement (MSA) with Harbour Energy for work on three platforms in the North Sea.

about 2 years ago
Assembly of the SolarDuck's floating solar Merganser
Business & Finance

SolarDuck’s floating solar plant Merganser nearing completion

SolarDuck’s offshore floating solar plant, Merganser, has come close to completion and is nearing the next phase of this project – the installation in the North Sea.

about 2 years ago
West Capella drillship; Source: Mubadala Energy
Business & Finance

Another offshore gas discovery pops up in Southeast Asia

Abu Dhabi-headquartered energy company Mubadala Energy has made a new gas discovery offshore North Sumatra, Indonesia.

about 2 years ago
ABL company to evaluate Norwegian CO2 storage license
Business & Finance

ABL company to evaluate Norwegian CO2 storage license

AGR, part of energy and marine consultancy group ABL Group, has been appointed to perform an independent third-party storage evaluation of Wintershall Dea and Altera Infrastructure’s CO2 storage license offshore Norway. The two companies were awarded the carbon capture and storage (CCS) license to d

about 2 years ago
FPSO Western Isles; Source: NEO Energy
Business & Finance

North Sea oil project inching closer to FID as FEED work moves forward on schedule

Progress is being made in putting all the requirements in place to sanction NEO Energy’s redevelopment project on the UK Continental Shelf (UKCS).

about 2 years ago
Yara pens ammonia supply deal with Indian energy firm
Business & Finance

Yara pens ammonia supply deal with Indian energy firm

Yara Clean Ammonia, a subsidiary of Yara International, and Greenko ZeroC, AM Green’s company, have signed a term sheet for the supply of renewable ammonia from AM Green’s ammonia production facility in Kakinada, India.

about 2 years ago
FILE PHOTO: A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021.
Business & Finance

Larsen & Toubro to establish two floating solar plants in India

The Power Transmission & Distribution (PT&D) business of Larsen & Toubro (L&T) has secured orders to establish two floating solar plants in India.

about 2 years ago
Subsea7 and OneSubsea get more work for 'one of Türkiye's largest energy projects'
Business & Finance

Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’

Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium

about 2 years ago
Illustration; Source: The North Sea Transition Authority (NSTA)
Business & Finance

North Sea oil & gas operators raise the decarbonization bar with potential investments of nearly $3.8 billion

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Rig termination and payment issues set arbitration and court processes underway

Dolphin Drilling is engaged in arbitration and court proceedings with Lagos-based General Hydrocarbons Limited (GHL) in Nigeria.

about 2 years ago
Noble Resolve jack-up rig; Source: Noble
Business & Finance

First foray into Spanish waters takes Noble rig on multi-well P&A gig

Noble Corporation has secured a new deal for one of its jack-up rigs off the coast of Spain, where the rig will carry out plug and abandonment (P&A) activities.

about 2 years ago
Map showing two exploration blocks in Egypt; Source: QatarEnergy
Business & Finance

ExxonMobil brings QatarEnergy on board as its new partner in two exploration blocks

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

about 2 years ago
Rovco and Vaarst plan to bring on board over 150 subsea roles by end of 2025
Business & Finance

Rovco and Vaarst to bring on board over 150 subsea roles by end of 2025

UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup

about 2 years ago
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