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Business & Finance

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David Thompson, Trillion interim CFO; Source: Trillion Energy
Business & Finance

While on the hunt for new CFO, Trillion hand-picks interim one

Canada’s oil and gas player Trillion Energy has appointed an interim CFO and is on the lookout for someone to fill the role permanently.

about 2 years ago
Two more CO2 storage areas up for grabs offshore Norway
Business & Finance

Two more CO2 storage areas up for grabs offshore Norway

The Norwegian Ministry of Energy is inviting applications for two areas for CO2 injection and storage in the North Sea, representing the sixth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced two areas for CO2 storag

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about 2 years ago
Oil sheen off Huntington Beach; Source: U.S. Coast Guard
Business & Finance

Probe into oil sheen off Huntington Beach still underway

In response to an oil sheen observed off the coast of Huntington Beach, 85 gallons of product has been recovered.

about 2 years ago
Carnegie Clean Energy raises over $2M to support ‘first ever’ CETO deployment in Europe
Business & Finance

Spain awards €2.1M for Carnegie’s CETO wave energy device deployment

Carnegie Clean Energy’s wholly-owned subsidiary Carnegie Technologies Spain has secured a €2.1 million grant from the Basque Energy Agency to support the deployment of its CETO wave energy device at Biscay Marine Energy Platform (BiMEP) in the Basque Country. The grant has been awarded by Ente Vasco

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Business & Finance

Winds of change sweep across UK’s energy sector

The UK has decided to pull out of the Energy Charter Treaty (ECT) and prolong the windfall tax on oil and gas producers’ profits.

about 2 years ago
Another Finland-Estonia electricity interconnection shut down due to technical fault
Business & Finance

Another Finland-Estonia electricity interconnection shut down due to technical fault

After the second HVDC electricity interconnection between Estonia and Finland named EstLink 2 went offline due to cable system failure, Estonian transmission system operator (TSO) Elering reported that a fault had also been detected in the first electrical connection between the two countries. EstLi

about 2 years ago
Air Liquide and Vopak looking into ammonia and hydrogen infrastructure in Singapore
Business & Finance

Air Liquide and Vopak looking into ammonia and hydrogen infrastructure in Singapore

Industrial gas supplier Air Liquide and infrastructure provider Vopak have joined forces to look into the development and operation of infrastructure for ammonia import, cracking, and hydrogen distribution in Singapore. The companies have formalized their intention through a memorandum of understand

about 2 years ago
Valaris 247 jack-up rig; Source: Valaris
Business & Finance

After drilling ops with Valaris rig, gas flows from North Sea well

Perenco has brought on stream a near-field discovery within the Ravenspurn South area of the Southern North Sea.

about 2 years ago
Sumitomo places multi-million-pound order for cable carousels for its Scottish factory
Business & Finance

Sumitomo places multi-million-pound cable carousel order for its Scottish factory

Japan-headquartered Sumitomo Electric Industries has placed a multi-million-pound order for cable storage carousels for its power cable factory in Scotland. THREE60 Energy reported it had signed a contract with Sumitomo to design and deliver cable storage carousels for the power cable factory in Nig

about 2 years ago
UK program to help subsea professionals return to work after career break
Business & Finance

UK program to help subsea professionals return to work after career break

Three UK partners have come together to deliver a cross-sector program to support returners back to the underwater sector after a career break or to transfer their skills from another sector. The Global Underwater Hub and the Engineering Construction Industry Training Board (ECITB) have partnered wi

about 2 years ago
Deep Value Driller drillship; Source: Deep Value Driller
Business & Finance

Another exploration success for Eni in West Africa as ‘major’ discovery comes to light

Eni has made a new significant hydrocarbon discovery in block CI-205 off the coast of Côte d’Ivoire, West Africa.

about 2 years ago
FPSO BW Opal; Source: BW Offshore
Business & Finance

Santos picks Australian player for work on Darwin LNG life extension project

Australian energy giant Santos has handed out an assignment on the Darwin LNG life extension project to UGL.

about 2 years ago
Minesto joins accelerator program that backs entry into Southeast Asian market
Business & Finance

Minesto joins acceleration program that backs entry into Southeast Asian market

Swedish tidal energy developer Minesto is taking part in an acceleration program that is set to strengthen its business capabilities in the Southeast Asia region. Minesto has been awarded a place in the Business Acceleration Programme Southeast Asia (BAPSEA) joint program by the Swedish Energy Agenc

about 2 years ago
AG&P LNG buys into fully constructed Vietnamese LNG terminal
Business & Finance

AG&P LNG buys into fully constructed Vietnamese LNG terminal

AG&P LNG, a subsidiary of Nebula Energy and developer of LNG terminals and downstream infrastructure, has purchased a 49% stake in Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam. Fully constructed, the terminal was developed by Hai Linh Company, a petroleum product import termina

about 2 years ago