Business & Finance
Three companies apply for CO2 storage permit off Norway
Norway’s Ministry of Petroleum and Energy has received applications from three companies interested in securing space for possible future CO2 storage on the Norwegian continental shelf (NCS). The companies that applied for a permit by the deadline of 1 June are TotalEnergies EP Norge, Wintershall De
Euronav takes full control of two FSOs working on Qatar’s giant oil field
Euronav has become the full owner of two FSO vessels, operating on Qatar’s Al-Shaheen field, as previously held in its JV with International Seaways.
Northumberland subsea cable factory closer to reality
Northumberland County Council has welcomed the approval of JDR Cable Systems’ plan to open a new subsea cable manufacturing facility in Cambois, near Blyth. JDR revealed in September 2021 that it plans to build the 69,000 sqm facility on the site of the former coal-fired power station at Cambois. I
Chevron and KazMunayGas set on unlocking lower carbon potential in Kazakhstan
Chevron has joined forces with KazMunayGas to collaborate on evaluating, investigating and pursuing lower carbon opportunities in Kazakhstan.
Shearwater targets time and cost efficiency with novel ocean bottom node
Shearwater GeoServices has launched a new node that is said to expand the potential ocean bottom seismic market due to its time and cost efficiency. The Pearl node is of small size and low weight which allows wider and denser spreads reducing operational time by a third compared with current deploym
New lineup for Equinor’s board of directors
Equinor has added a new member to its board of directors and re-elected several others, including shareholder-elected members.
Geotechnical survey campaign soon to continue at Scotland’s 4.1 GW offshore wind project
SSE Renewables is set to mobilize the second phase of the geotechnical survey campaign at its Berwick Bank Wind Farm and the export cable route area between 15 and 20 June. The survey work is being undertaken by GEO and will be conducted from the 90-meter long Northern Ocean. The scope of work withi
Environmental groups starting legal action to end support for 30 EU-backed gas projects
Four environmental groups are starting legal action to end support for 30 EU-backed gas projects with a total cost of about €13 billion.
Harbour Energy seeks permit to develop North Sea field as subsea tie-back
Harbour Energy has filed its environmental statement with the UK authorities for the development of a field located in the North Sea.
Transocean semi-sub to drill at least nine more wells in Norway
Transocean has secured a contract extension in Norway with the firm part of the backlog worth about $181 million.
Carnegie delivers ‘step change improvements’ in cost and performance of CETO wave tech
Carnegie Clean Energy has achieved its internal commercial target of reducing CETO wave energy technology’s cost of energy to a level that puts it on the established industry trajectory and reduces timeframe to reach commercialization.
Transocean rig to drill North Sea prospect for ConocoPhillips
ConocoPhillips has been granted consent for exploration drilling in the North Sea off Norway by the country’s petroleum safety regulator.
Polish firm nearly set to spin the drill bit in Norwegian Sea
PGNiG has been granted consent for exploration drilling in the Norwegian Sea by Norway’s offshore petroleum safety regulator.
Saipem vessel coming to work on ‘one of the largest energy projects ever in Turkey’
Saipem and its pipelay vessel are preparing to begin working for Turkish oil and gas company TPAO on the giant gas development in the Black Sea.