Business & Finance
Carbon Transition completes sale of its seismic node-on-a-rope business
Norwegian survey services provider Magseis Fairfield has completed the purchase of Carbon Transition’s seismic node-on-a-rope business. The compatriot companies informed that all closing conditions to the agreement have been satisfied and the transaction has been completed. By purchasing Carbon Tran
What is the meaning of licence extension for controversial Cambo project in UK?
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
Green light for North Sea development with first oil expected this year
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.
Eneco and OCI join NortH2 offshore wind-to-hydrogen consortium
Energy company Eneco and OCI N.V., a global producer and distributor of hydrogen-based products, have joined the NortH2 green hydrogen consortium as collaborative partners. Eneco is joining the NortH2 consortium of Equinor, RWE, Shell, and Gasunie as an investment partner. Groningen Seaports is a su
French tidal energy developer embarks on €2M fundraising campaign
French tidal energy company EEL Energy has launched a fundraising campaign, targeting €2 million to further advance its tidal energy technology whose design was inspired by bio-mimicry.
Prosafe on the lookout for deputy CEO & CFO
Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.
Remøy vessel secures more time with Equinor through new gig
Equinor has chartered one of Remøy Shipping’s PSVs, featuring a hybrid-electric system and shore power, boosting its decarbonisation efforts.
Shell appeals against Dutch ruling, highlighting need for balance in addressing climate change and security of supply
Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.”
Netherlands: Three projects to share €300K to advance offshore floating solar sector
Three project consortia – involving technology developers Oceans of Energy and SolarDuck – have been selected to receive €100,000 each to further advance offshore floating solar industry in the Netherlands.
Isle of Man Ship Registry, FuelTrust sign deal for green ship validation
The Isle of Man Ship Registry (IOMSR) has signed a memorandum of understanding (MoU) with Houston-based technology company FuelTrust to validate vessels for the flag’s Green Ship scheme.
North Sea operator cheers licence extension, enabling execution of field development plan
Orcadian has won an extension for a licence in the UK North Sea, bolstering its hopes of putting into action a development plan for Pilot.
Argeo gets OK for multi-client program at first Utsira Nord offshore wind project
Norwegian authorities have approved Argeo’s planned multi-client program for the first offshore wind project to begin at Utsira Nord, with data acquisition set to soon commence. Argeo will start the operations using its autonomous underwater vehicle (AUV) equipped with sensors to acquire data over t
Aker Clean Hydrogen and Aker Horizons to merge and strengthen H2 production
Aker Clean Hydrogen and Aker Horizons will merge to strengthen the integration of hydrogen production with downstream applications in large-scale hybrid decarbonisation projects.
Nexans Aurora picks up first-ever US-made high voltage subsea cables
Nexans’ newest cable-laying vessel Nexans Aurora has arrived at the company’s recently upgraded Charleston plant for the load-out of the first high voltage subsea cables made in the United States. The high-voltage subsea cable plant in Charleston, South Carolina, officially opened in November 2021,