Business & Finance
Rotech moving to USA after first French offshore wind farm
Rotech Subsea has secured a new contract in the U.S. after having completed a four-month cable de-burial and re-burial campaign at Saint-Nazaire, France’s first commercial-scale offshore wind farm. Rotech used its RS2 CFE equipment spread to carry out cable de-burial and re-burial on omega joints an
Two Barents Sea wells lined up for Transocean rig
Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.
New carbon-neutral sea route between Stockholm and Turku in the making
A new project has been launched in Finland to develop a carbon-neutral “green corridor” between Turku and Stockholm through which cargo and passengers can travel.
Stena rig spuds UK player’s North Sea asset
i3 Energy has started drilling an appraisal well in the North Sea with a Stena Drilling-owned rig in a bid to find additional hydrocarbons.
Norwegian contractor put in charge of decommissioning 10 North Sea platforms
AF Gruppen has been awarded a contract by TotalEnergies for the removal and recycling of platforms in the Dutch sector of the North Sea.
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.
EC approves up to €5.2 billion funding for second hydrogen IPCEI
The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir
European countries eye stronger energy security with Black Sea interconnector
A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.
Höegh LNG cleared for merger with Höegh LNG Partners
Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the
Shell books semi-sub rig for P&A ops on two North Sea fields
Oil major Shell has secured a semi-submersible rig for plug and abandonment operations on two of its fields located offshore Norway.
Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path
The UK’s National Oceanography Centre (NOC) has kicked off research on end-of-life oil fields in the North Sea using the robot submarine Boaty McBoatface with the aim of helping monitor and protect the marine environment and support industry transition towards net-zero targets. The Autosub Long-Rang
Norway: Oil production grows in August but gas output falls
Norway recorded lower gas production in August 2022 compared to the figures from July 2022 while the oil output is higher than last month.
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.
German government takes control of Uniper to secure energy supply
The German government has signed an agreement in principle with energy companies Fortum and Uniper for a long-term solution that will allow the German State to take full control of Uniper and secure energy supply in the country. The parties have agreed on an amendment to the package of measures anno