Business & Finance
Port of Immingham to get CO₂ import terminal
The Associated British Ports (ABP) has entered into an exclusive commercial relationship with Edinburgh–based oil and gas company Harbour Energy to develop a CO₂ import terminal at the Port of Immingham, the UK’s largest port by tonnage. The terminal will provide a large-scale facility to connect CO
Oilfield services giant rebranding in pursuit of decarbonization targets
Schlumberger is rebranding and changing its name to SLB to pursue a new identity that will represent the transformation from a giant oilfield services provider to a technology company focused on energy innovation and decarbonization. Schlumberger announced that nearly all of its affiliated brands wi
Following probe into lifting incident on rig, Odfjell tasked with addressing nonconformities
Safety regulator has finished investigating a lifting incident on one of Odfjell Drilling’s rigs, currently working for Equinor off Norway.
Former ESB chief joins Ireland-Great Britain interconnector project
MaresConnect Limited, the company behind the interconnector that will link the power markets of Ireland and Great Britain, has appointed former chief executive of ESB Pat O’Doherty as chairman and non-executive director of its board. MaresConnect Interconnector will comprise a cable route of approxi
North Sea Link begins regular operations
The 1,400 MW North Sea Link (NSL) interconnector that links the UK and Norway has paid off its carbon cost of construction after operating for six months, said the UK National Grid, which operates the project together with the Norwegian Statnett. This first power interconnector between Norway and th
Equinor reveals document shedding more light on Barents Sea project development
Equinor has decided to issue a complementary assessment for the development and operation of a field located in the Barents Sea off Norway.
Dolphin rig heading to Las Palmas to prepare for contract in Nigeria
Dolphin Drilling’s Blackford Dolphin rig is heading to Las Palmas, Spain where it will be prepared for its upcoming contract in Nigeria.
MSC to buy Italian towage operator Rimorchiatori Mediterranei
Swiss shipping giant Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei.
Norway records lower oil and gas output in September
Norway’s oil and gas production fell behind the NPD’s predictions in September 2022 and is lower than the figures from August.
Havyard Group ASA becomes Eqva
Oslo-listed Havyard Group ASA has decided to change the company name to Eqva ASA to reflect its growth strategy and mark its transformation into a fully integrated service company. The company said that the name Eqva was formed by combining the letters “EQ”, the starting point of the words equal, eq
Hitachi Energy hands over North Sea Link
Hitachi Energy has handed over North Sea Link, the first power interconnector between Norway and the UK, to Norway’s Statnett and the UK’s National Grid. The 1,400 MW North Sea Link allows Norway to import wind power from the UK and the UK to import hydropower from Norway through a 720-kilometer HVD
SIMEC Atlantis management buyout creates Proteus Marine Renewables tidal outfit
SIMEC Atlantis Energy has agreed the sale of a majority stake in its Advanced Tidal Engineering and Services division (ATES), which resulted in the creation of a new tidal energy outfit Proteus Marine Renewables.
First well in Black Sea drilling campaign uncovers multiple potential gas zones
The first well in Trillion’s 2022 – 2023 drilling campaign in the Black Sea has identified numerous potential gas zones on logging.
Vos Prodect cable hang-offs for Danish offshore wind farms
Hellenic Cables has awarded Vos Prodect with a contract to deliver its sealed cable hang-off systems for the Vesterhav Nord and Syd offshore wind farms in the Danish North Sea. Vos Prodect said it will perform an extensive test program at the testing facility using the 66kV cross-linked polyethylene