Business & Finance
Steelmaking giant enters offshore wind, green hydrogen industries
German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.
Modus charters Vroon vessel for pipeline inspection work
UK-based subsea services company Modus has chartered the multi-purpose offshore support vessel VOS Sweet from Vroon Offshore Services. The vessel has been chartered to execute a contract for pipeline inspection work in the Dutch North Sea and will be mobilized from the Modus Middlesbrough Marine Bas
Shell hands out new deal to Bureau Veritas for offshore and onshore assets in UK
Shell has awarded a long-term deal, covering 26 offshore installations and three onshore gas plants in the UK, to Bureau Veritas (BV).
Equinor to become first operator to deploy drones for offshore logistics ops
Nordic Unmanned has revealed that Equinor will be the first operator to carry out offshore logistics operations using drones.
Are major UK oil projects at risk after windfall tax?
Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.
New management team to lead Vår Energi after business areas re-shape
Vår Energi has unveiled a new organisational structure and management team changes to take full advantage of future growth opportunities.
Ithaca hires UK decom specialist to carry out P&A ops in North Sea
Delek’s Ithaca Energy has picked Well-Safe Solutions to undertake well decommissioning operations in the North Sea.
Von der Leyen: EuroAsia Interconnector to help free EU from energy dependence
The EuroAsia Interconnector electricity link, connecting Israel, Cyprus and Greece, will help reduce the European Union’s energy dependence on Russia, according to European Commission president Ursula von der Leyen. During a recent Honorary Doctorate degree ceremony at the Ben Gurion University of t
New CEO to help Wood capture ‘growth opportunities in energy security’
Wood has appointed a new Chief Executive Officer (CEO), replacing its current one, who will be stepping down from the board in a few days.
Rystad: Russian crude oil diverted from Europe to India & China as war rebalances trade flows
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.
Oil players join forces to develop ‘one of the largest CCS facilities in the North Sea’
Neptune Energy has teamed up with ExxonMobil, Rosewood and EBN for the development of a CCS project in the Dutch sector of the North Sea.
DMEC welcomes Danish delegation at Marine Energy Hub
His Royal Highness Crown Prince Frederik of Denmark, the Danish Minister of Climate, Energy and Utilities Dan Jørgense and the Danish Ambassador to the Netherlands Jarl Kåre Frijs-Madsen have paid a visit to Dutch Marine Energy Centre’s (DMEC) Marine Energy Hub in The Hague.
UK partnership paves way for future renewable energy workforce
EDF Renewables UK, DP Energy and Pembrokeshire College have joined forces to deliver a course set to prepare Welsh students for future jobs in the renewable energy sector. Destination Renewables will educate students about renewable energy technologies, including wave, tidal, solar, and offshore an
More OBN work for Magseis Fairfield
Magseis Fairfield has received a conditional award of an ocean bottom node (OBN) contract in the deepwater Gulf of Mexico from a repeat customer. The initial survey is scheduled to be conducted with Magseis Fairfield’s ZXPLR technology and is expected to take approximately three months. The agreemen