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Business & Finance

Shah Deniz Alpha - BP
Business & Finance

BP to reduce carbon footprint of Shah Deniz platform through new power supply

A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.

about 4 years ago
Grangemouth - Ineos - Craig International
Business & Finance

Fresh five-year deal for Craig International in UK

Craig International has won a long-term deal in the UK sector of the North Sea with Ineos FPS, potentially valued at over £20 million.

about 4 years ago
As its director general steps down, Norwegian Petroleum Directorate appoints acting one
Business & Finance

Norwegian petroleum regulator’s director general steps down to join private sector

The Norwegian Petroleum Directorate (NPD) has revealed that its director general has tendered her resignation, effective immediately.

about 4 years ago
In focus: More green hydrogen projects gaining ground
Business & Finance

In focus: More green hydrogen projects gaining ground

Green hydrogen, often seen as a critical enabler of the global transition to sustainable energy and net zero emissions economies, continues to be a major subject of interest for the industry players worldwide. The recent surge in activity in the market is opening the door for new developments with o

about 4 years ago
Norway to endure as exploration hotspot despite area’s maturity and recent global events, says Westwood
Business & Finance

Norway to endure as exploration hotspot in spite of area’s maturity and recent global events, says Westwood

Even though the NCS is one of the mature areas, Westwood expects that exploration activity will continue to thrive in Norway.

about 4 years ago

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UK offshore wind pioneer buys two subsea services providers
Business & Finance

UK offshore wind pioneer buys two subsea services providers

UK offshore wind pioneer Venterra Group is acquiring two compatriot companies as part of its goal to build a service offering across the wind farm lifecycle, including engineer, build and support services. Venterra revealed it is buying Balltec, a provider of high-integrity connectors for subsea and

about 4 years ago
McDermott christens ultra-deepwater J-Lay vessel
Business & Finance

McDermott christens ultra-deepwater J-Lay vessel

McDermott has held the christening ceremony for its newly converted Amazon vessel in the Port of Rotterdam, the Netherlands.

about 4 years ago
As O&G share of MMO market goes down, renewables and low-carbon to take increasingly large slice of pie – Rystad
Business & Finance

As O&G share of MMO market goes down, renewables and low-carbon to take increasingly large slice of pie – Rystad

The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.

about 4 years ago
Troll A platform
Business & Finance

Equinor mulls options for building floating offshore wind farm to supply renewable power to North Sea fields

Equinor and its partners in the Troll and Oseberg offshore fields are looking into options for building a floating offshore wind farm.

about 4 years ago
SeaQurrent looking to strengthen TidalKite team
Business & Finance

SeaQurrent looking to strengthen TidalKite team

Dutch tidal energy company SeaQurrent is looking to strengthen its team in order to help develop and market its TidalKite technology.

about 4 years ago

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Wartsila
Business & Finance

Wärtsilä moves forward with smart port ecosystem vision

Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has decided to acquire PortLink Global, a Canada-based port solutions company.

about 4 years ago
Two specialist team up to win ‘significant and historic’ North Sea deal with TotalEnergies
Business & Finance

Two specialists team up for North Sea deal with TotalEnergies

SPIE and NorSea have created a new consortium to secure a maintenance contract with TotalEnergies in the North Sea off Denmark.

about 4 years ago
Driven by the big ban, LNG growth and energy transition to pick up speed – WoodMac
Business & Finance

Driven by the big ban, LNG growth and energy transition to pick up speed – WoodMac

War in Ukraine is transforming the outlook for the supply, demand, and price of hydrocarbons and the pace and cost of the energy transition, WoodMac says.

about 4 years ago
James Fisher completes IRM scope for NEO Energy, lands more work
Business & Finance

James Fisher completes IRM scope for NEO Energy, lands more work

James Fisher Subtech (JF Subtech) has completed a subsea inspection, repair and maintenance (IRM) scope for NEO Energy’s floating production storage and offloading (FPSO) vessel Global Producer III (GPIII) in the Balloch field in the Central North Sea. JF Subtech said its responsibility was to ensur

about 4 years ago