Business & Finance
Venture Global and EnBW expand LNG partnership
US liquefied natural gas (LNG) export project developer Venture Global and German energy company EnBW have decided to expand their existing LNG partnership to 2 million tonnes per annum (mtpa). The companies entered into 20-year sales and purchase agreements in June 2022 for 1.5 mtpa of LNG. Now, En
After Poland, Norway’s Equinor also agrees to supply gas to Switzerland
Following an agreement with Poland, Norway’s Equinor has entered into another gas supply agreement, this time with Switzerland.
Kraken Robotics reels in $1.1 million from AquaPix contracts
Canada’s Kraken Robotics has secured $1.1 million in contracts from two customers for its AquaPix synthetic aperture sonar (SAS) systems. The deliveries will go to the UK and Singapore for integration onto small man-portable autonomous underwater vehicles (AUVs). Kraken did not reveal the names of t
New UK partnership to assist engineers in overcoming career break bias
Petrofac has teamed with STEM Returners to launch a jobs scheme, which will help engineers return to STEM-related work after a career break.
Shelf Drilling buys five Noble rigs, gets two-year extension for one
Offshore drilling contractor Shelf Drilling has completed the acquisition of five jack-up rigs from Noble Corporation.
Partners ink agreement for large-scale CCS project in Norway
Horisont Energi and Neptune Energy have signed a project agreement to develop the Errai carbon capture and storage (CCS) project in Norway. The agreement builds on the Memorandum of Understanding (MoU) that was announced at the end of August. The partners are now setting up a project organization to
Allseas turns to Kongsberg Maritime’s hybrid power tech to make its vessels greener
Allseas is fitting three vessels with Kongsberg Maritime’s battery tech and intends to pursue hybrid power solutions for its other vessels.
MOL inks LNG carrier charter deal for Sakhalin II
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a charter contract with Sakhalin Energy LLC, a new operator of Russian liquefied natural gas (LNG) plant Sakhalin II, for the LNG carrier Grand Mereya. The contract for the LNG carrier was signed through a subsidiary company 60% owned by
Green light for Equinor to continue using Floatel unit at North Sea field
Equinor has received consent to use one of Floatel’s mobile accommodation units for an extended period at a North Sea field off Norway.
Maersk books six more methanol-fuelled boxships at HHI
Danish shipping giant A.P. Moller – Maersk has ordered an additional six large ocean-going vessels that can sail on green methanol. The six vessels will be built by South Korean shipbuilder Hyundai Heavy Industries (HHI) and have a nominal capacity of approx. 17,000 TEU. They come with dual-fuel eng
TES and Fortescue want to develop ‘world’s largest’ green hydrogen project
Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have joined forces to develop the ‘world’s largest’ green hydrogen integrated project to help Europe mitigate its current energy and climate crisis. The first phase of the partnership will see joint development and investment in the s
Offshore drilling workers in UK set for strike action over pay terms
UK’s Unite the union has confirmed that over 300 offshore drilling and contract maintenance workers have backed strike action.
Wintershall Dea and CapeOmega selected for CO2 storage permit off Norway
Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje
Dolphin Drilling confirms rig contract in Nigeria
Dolphin Drilling has confirmed the award of a 12-month contract for Blackford Dolphin by General Hydrocarbons Limited (GHL) in Nigeria.