Business & Finance
Valaris to reactivate stacked drillship for Petrobras
Offshore drilling contractor Valaris has been awarded a contract with Petrobras offshore Brazil for a stacked drillship.
Bill Gates in $276m clean energy partnership with UK
Bill Gates-founded Breakthrough Energy Catalyst will invest $276 million over ten years to drive UK’s new clean energy technologies, including green hydrogen.
Amazon, Ikea join industry-wide call for zero-emission shipping by 2040
Nine major cargo owners have pledged to switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040 as part of a new initiative Cargo Owners for Zero-Emission Vessels (coZEV).
Solstad bags contract extension for PSV in Norway
Solstad Offshore has been awarded a contract extension for its platform supply vessel (PSV) Normand Server offshore Norway.
Norway: September oil output tops regulator’s predictions
Norway’s oil production in September 2021 was 1.1 per cent over the NPD’s predictions, while the total volume equalled last year’s figures.
TotalEnergies opens UK offshore wind hub in Scotland
French energy major TotalEnergies has opened its UK Offshore Wind Hub in Aberdeen, Scotland. The Hub was opened by Patrick Pouyanné, Chairman and CEO of TotalEnergies. It will be part of the company’s existing offshore operations centre in Aberdeen and will enable the transition of staff from oil an
UK unveils landmark strategy to reach net-zero by 2050
The UK government has launched its landmark net-zero strategy, outlining measures to lower its reliance on fossil fuels and transition to a green and sustainable future.
Two UK carbon capture and storage projects selected for state funding
UK has selected two clusters to receive the funding and develop their proposed carbon capture usage and storage projects starting from 2025.
CRP Subsea, Hellenic Cables: Bend stiffeners prolong power cable fatigue life
CRP Subsea and Hellenic Cables have completed dynamic cable testing at the University of Exeter, which included individual tests of power cable alone and power cable with bend stiffener to compare performance and fatigue. The results show that when tested with a CRP Subsea Bend Stiffener the power c
Providence Resources on the lookout for new CEO
Providence Resources has revealed that its chief executive officer (CEO) has resigned, thus, the board is looking for his replacement.
Peterson COO to retire from the role
International energy logistics provider Peterson has confirmed that its Chief Operating Officer will retire as planned at the end of 2021.
No more rigs in Northern Drilling’s fleet after second drillship gets cancelled
John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME.
Chevron books accommodation vessel for Wheatstone job
Edda Accommodation has secured a new contract for its Edda Fides vessel with Chevron for operations in Australia.
Fresh North Sea well on the horizon for Aker BP
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Aker BP for a wildcat well in the North Sea off Norway.