Business & Finance
Equinor obtains permit for another North Sea well
Equinor has secured a permit from the country’s authorities for the drilling of another wildcat well, located in the North Sea off Norway.
New accommodation unit for Tyra heads to North Sea – gallery
The accommodation unit for TotalEnergies’ Tyra II project, located in the Danish North Sea, has left a shipyard in Italy, heading to Denmark.
Menter Môn awarded $196.5K to further hydrogen as green fuel
U.K. social enterprise Menter Môn has won a £150,000 ($196,500) grant to fund hydrogen as green fuel research.
After a year-long suspension, Petrofac allowed to compete in ADNOC tenders
Following a year-long suspension, Petrofac, is now allowed again to take part in new tenders from UAE’s oil and gas giant ADNOC.
iXblue ramps up DriX USV production to meet growing industry demand
iXblue is ramping up its production of DriX uncrewed surface vehicles (USV) to, as it says, meet the growing industry need for sea-proven autonomous platforms. According to the company, the strong increase in order intake has led to reviewing the whole industrialization process for series production
Norway’s Equinor ramping up gas output to help meet Europe’s demand
Norway’s Equinor and the country’s government have worked out a plan to maintain high gas exports to Europe amid supply concerns.
Prysmian finishes North Sea Link ahead of schedule
Italy’s Prysmian has completed the North Sea Link (NSL) interconnector between Norway and the UK ahead of schedule. In 2015, Norwegian system operator Statnett and UK’s National Grid awarded Prysmian with a €550 million project to deliver approximately 950 kilometers of subsea HVDC cables (1400MW, ±
Fresh UK North Sea deal for Maersk jack-up
Danish offshore rig owner Maersk Drilling has been awarded a five-month contract in the UK sector of the North Sea.
CorPower Ocean set to catch investment wave at Sweden Sustaintech Venture Day
Swedish wave energy developer CorPower Ocean has been selected from 600 companies to appear at the forthcoming Sweden Sustaintech Venture Day, established to support the scale-up of sustainable businesses.
IOG adding further new gas flow into UK market
IOG has achieved the first gas from another field which is part of its Saturn Banks Project – Phase 1, located in the UK North Sea.
Subsea 7 awarded another ‘substantial’ contract
Subsea 7 has won what it defines as a “substantial contract” with an undisclosed client for the engineering, procurement, construction, and installation (EPCI) of offshore facilities, subsea pipelines, and associated infrastructure. The award, made to a consortium including Subsea 7, will be recorde
Acteon to grow its operations by buying Oceaneering’s decom assets and staff
Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.
Shell board facing legal action over ‘failing to properly prepare for energy transition’
ClientEarth will be taking legal action against the board of directors of Shell over “mismanaging climate risk.”
Energean inks gas supply deal with largest Israeli buyer
London-listed E&P company Energean has signed a gas supply agreement with the largest Israeli buyer of natural gas.