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Business & Finance - Offshore Energy

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Contract extension to bring 2009-built Siem vessel outside North Sea

Business & Finance

Under contract extension, 2009-built Siem vessel to work outside North Sea

Siem Offshore has secured a contract extension for its 2009-built diesel-electric driven multipurpose support vessel (MPSV). The 93.6-meter-long MPSV Siem Dorado has been awarded a contract extension for utilization for a period reaching towards the end of Q4 2024. Commencement will be in direct con

about 2 years ago

Thylacine platform in the Otway Basin; Source: Beach Energy

Business & Finance

With public input period up and running, more gas drilling on the cards for Australia

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Beach Energy has submitted a proposal for a natural gas project off the coast of Australia, which is now open for public consultation.

about 2 years ago

Business & Finance

First steel cut for advanced Spain-made unmanned vessel

Spain’s GONDAN Shipbuilders has cut the first steel for an advanced unmanned surface vessel (USV) that will perform subsea inspection, maintenance and repair (IMR) and survey work. GONDAN Shipbuilders started the construction of the USV in collaboration with USV A/S, an alliance of DeepOcean, Solsta

about 2 years ago

Business & Finance

TotalEnergies enriches its low-carbon portfolio with Talos’ entire CCS business

TotalEnergies has expanded its carbon capture and storage (CCS) arsenal by acquiring Talos’ CCS business, including three projects along the U.S. Gulf Coast.

about 2 years ago

Business & Finance

TotalEnergies resumes gas flow from first field as North Sea project enters ‘core’ start-up phase

TotalEnergies is days away from bringing its redevelopment project in the Danish sector of the North Sea back online, as gas from one of the fields flows into the offshore facilities.

about 2 years ago

Business & Finance

‘World’s largest tidal scheme’ takes next step toward realization

Liverpool City Region’s Mayor has presented the UK’s “first of a kind” barrage scheme between Wirral and Liverpool for the city region’s flagship Mersey Tidal Power project. Said to have the potential to become the “world’s largest” tidal scheme, the Mersey Tidal Power project would potentially crea

about 2 years ago

Business & Finance

France looking at options to increase interconnection capacity with UK

The French Energy Regulatory Commission is investigating the opportunity for a new electricity interconnection between France and the UK, in addition to three that are currently operating. France’s Commission de régulation de l’énergie (CRE) launched a public consultation on March 5 concerning the o

about 2 years ago

Business & Finance

New liquid biogas plant on the horizon in Port of Gothenburg

Nordion Energi and St1 signed an agreement for the supply of liquid biogas in the Port of Gothenburg where new facility is being planned.

about 2 years ago

Business & Finance

ONE completes its first EU carbon allowance transaction

Singapore-based shipping company Ocean Network Express (ONE) has finalized its inaugural European Union Allowances (EUA) transaction with French bank BNP Paribas.

about 2 years ago

Business & Finance

New ‘major’ oil discovery comes to light offshore China

CNOOC Limited has made a significant oil discovery in the northcentral waters of the Bohai Sea off the coast of China.

about 2 years ago

Business & Finance

ADNOC seals second long-term LNG deal for Ruwais project

ADNOC and SEFE signed a long-term agreement for the delivery of 1 mmtpa of LNG from low-carbon Ruwais LNG project.

about 2 years ago

Final subsea system components on their way to Enauta's Santos Basin field

Business & Finance

Final subsea system components headed to Enauta’s Santos Basin field for first oil

Final subsea system components destined for Enauta’s field development project in the Santos Basin are on their way from the UK to Brazil. Brazilian oil and gas player Enauta reported on March 15 that the flexible pipeline system, the last pending subsea system equipment for the FPSO Atlanta product

about 2 years ago

Business & Finance

Intra-group merger on Vår Energi’s agenda

Vår Energi has set the wheels into motion to complete an intra-group merger with its wholly-owned subsidiary Vår Energi Norge.

about 2 years ago

Business & Finance

Siem Offshore’s vessel staying busy outside North Sea throughout 2024

An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.

about 2 years ago