Business & Finance
Expro wraps up P&A of first Irish indigenous gas wells
UK-headquartered energy services provider Expro has completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells. Expro provided integrated subsea and well test services over a period of eight months to intervene, plug and abandon subsea wells from a mobile offshore drilling unit
Equinor getting ready to spud North Sea well in December
Equinor has secured a drilling permit from the country’s authorities for an appraisal well in the North Sea off Norway.
‘A defining moment in the history of offshore drilling’ as Noble-Maersk merger closes
The business combination between Noble Corporation and Maersk Drilling has been completed, creating “a new and dynamic leader in offshore drilling.”
Valenciaport boosts investment in solar power
Spanish Valenciaport has approved the second photovoltaic plant project to be located on the Valencia Terminal Europa vehicle storage facility, in line with its target of becoming a zero-emission port by 2030.
Nord Stream leaks stopped, damage assessment next on schedule
Gas leaks from the Nord Stream 1 and 2 pipelines in the Baltic Sea have stopped after stable pressure was achieved over the weekend, the Danish Energy Agency announced. A stable pressure was achieved on the Nord Stream 2 pipeline on Saturday, 1 October, indicating that the blowout of gas had been co
In focus: Balancing act between energy security and net-zero goals
The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.
Paris-based firm buys iXblue
Paris-headquartered Groupe Gorgé has completed the acquisition of iXblue, bringing it under the same roof as ECA Group. According to iXblue, the two companies will benefit from a global workforce of 1,500 persons and will achieve an annual turnover of €250 million. “In addition to our complementary
Prosafe unit staying longer in UK North Sea
Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units in the UK North Sea.
Denmark and Belgium sign landmark agreement for CO2 transport
Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr
Amogy launches operations in Norway; sets sights on commercializing ammonia-to-power technology
US-based ammonia power solutions company Amogy has launched operations in Norway and hired a former director at Yara Clean Ammonia to work on accelerating the company’s effort in commercializing its ammonia-to-power technology. Amogy announced the opening of its Norway operations on 29 September wit
EnQuest taps Allseas for North Sea platform topsides removal
EnQuest has achieved a milestone in the decommissioning of the Heather asset in the UK North Sea following the award of a topside removal contract.
Series of contracts to keep DOF fleet busy for over 680 vessel days
DOF Subsea has secured multiple contracts in the Atlantic region and in the Gulf of Mexico totaling more than 680 vessel days and bringing in around $108 million. DOF Subsea will use its Skandi Acergy, Skandi Constructor, Skandi Seven, Skandi Skansen, Skandi Hera and selected third-party vessels for
More work with Equinor added to Odfjell rig’s backlog
Equinor has decided to exercise its option to add another well to the backlog of an Odfjell Drilling-owned rig.
As current CFO heads for the exit, Equinor picks out new one
Equinor has appointed a new CFO as its current one has decided to step down from the role to pursue a career outside the firm.