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Business & Finance

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Illustration; Source: Amplus VG Energy
Business & Finance

Three players unlocking West Africa’s ‘lucrative’ undeveloped oil & gas reserves

Carbon Circle has joined forces with Amplus VGE to target marginal oil and gas fields in West Africa to bring their full untapped potential to the fore.

about 2 years ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Aker BP embarking on drilling ops with Saipem rig in Norwegian waters

Aker BP has secured a drilling permit from Norway’s authorities for two exploration wells in the Barents Sea.

about 2 years ago
Illustration; Source: CNOOC
Business & Finance

First gas flows from CNOOC’s development project in Bohai Sea

China’s oil and gas giant CNOOC Limited has brought on stream a gas project in the Bohai Sea off the coast of China.

about 2 years ago
ClientEarth lawyers, Sam Hunter Jones and Sophie Marjanac, outside the High Court on the first day of the hearing; Source: ClientEarth
Business & Finance

New legal challenge yields same result: UK going back to the drawing board with net zero plan deemed ‘unlawful’

Another court battle over the UK government’s climate plans has crossed the finish line, with the court ruling against Britain’s net zero plan.

about 2 years ago
Elgin Franklin; Source: Ithaca Energy
Business & Finance

TotalEnergies hands out work to Wood in North Sea

Wood has won a new decarbonization contract with TotalEnergies E&P UK for a flare gas recovery project in the UK sector of the North Sea.

about 2 years ago
Saipem's underwater drone hits milestone with six-month-long uninterrupted operations
Business & Finance

Saipem’s underwater drone hits milestone with six-month-long uninterrupted operations

Saipem’s Hydrone-R underwater intervention drone has achieved uninterrupted subsea operations for nearly six months, performing remotely operated works and autonomous missions on Equinor’s Njord oil and gas field offshore Norway. The Hydrone-R, whose operations are fully supervised from Saipem’s ons

about 2 years ago
Provaris finalizes $3 million standby funding facility for hydrogen development plans
Business & Finance

Provaris finalizes $3 million standby funding facility for hydrogen development plans

Provaris Energy secured a two-year $3 million standby facility to provide a funding alternative for the hydrogen development plans in 2024/25.

about 2 years ago
FPSO Errea Wittu concept; Source: ABB
Business & Finance

MODEC entrusts Seatrium with topsides integration deal for Guyana-bound FPSO

MODEC has put Seatrium in charge of topsides integration on an FPSO, which will be deployed at ExxonMobil’s oil development offshore Guyana.

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

With repairs ongoing, TotalEnergies anticipates full technical capacity at North Sea gas project later this year

TotalEnergies is working on fixing an issue that has sprung up at its recently restarted natural gas redevelopment project in the Danish North Sea.

about 2 years ago
Aker BP seeks to simplify subsea ops with ROCS order
Business & Finance

Aker BP seeks to simplify subsea ops with ROCS order

Norwegian oil and gas player Aker BP has awarded compatriot subsea technology company Optime Subsea with a contract to develop and deliver multiple remotely operated controls systems (ROCS) for use on the Norwegian continental shelf (NCS). Aker BP has placed an order with Optime Subsea for the renta

about 2 years ago
European
Business & Finance

ESPO study: European ports in need of €80 billion investment by 2034

European ports will need multi-billion euro investments in the next decade in order to be fit for the future, a new study found.

about 2 years ago
Illustration; Source: TGS
Business & Finance

Fresh OBN data acquisition deal for TGS in North America

Norway’s energy data and intelligence provider, TGS, has won an ocean bottom node (OBN) data acquisition contract in North America that is expected to take over six months to complete.

about 2 years ago
Trinity Exploration & Production
Business & Finance

Canadian oil & gas firm bringing UK-headquartered player into its fold

Touchstone Exploration has set the wheels in motion to acquire all of the issued and to be issued ordinary share capital of Trinity.

about 2 years ago
Illustration; Source: ADES
Business & Finance

Egyptian oil & gas firm books jack-up rig on 21-month drilling gig in Gulf of Suez

ADES has secured a new drilling assignment for one of its rigs off the coast of Egypt with Suez Oil Company (SUCO).

about 2 years ago
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