Business & Finance
Norway-UK interconnector begins trial operations
The 720-kilometer North Sea Link between Norway and the UK began its three-month trial operations today, 1 October.
Germany opening offshore areas for green hydrogen production
Germany plans to auction off sites in its North Sea Exclusive Economic Zone (EEZ) for the purpose of producing green hydrogen offshore, with auctions expected to start as early as 2022. The Ordinance on Auctioning Sites for Alternative Energy Generation in the German Exclusive Economic Zone entered
Ithaca selects COSL Drilling rig for North Sea gig
COSL Drilling Europe has been awarded a contract from Ithaca Energy for wells in the central North Sea on the UK Continental Shelf.
Seaway 7 emerges as OHT and Subsea 7 combination completes
Subsea 7 has revealed that the combination of its Renewables business unit with OHT has been completed on 1 October 2021.
TotalEnergies, Air Liquide, VINCI in world’s largest clean hydrogen fund
French companies TotalEnergies, Air Liquide, and VINCI are joining other international companies to sponsor the creation of the world’s largest clean hydrogen infrastructure solutions fund.
Neptune starts drilling exploration well targeting Dugong Tail prospect
Neptune Energy has started drilling on the Dugong Tail exploration well, located in the North Sea, using the Deepsea Yantai drilling rig.
Archer board elects new director
Offshore oil services provider Archer Limited has announced the appointment of a new director to its board.
Schlumberger and AVEVA pool resources to optimise oil and gas production
Schlumberger has reached an agreement with AVEVA to advance digital solutions for oil and gas production operations.
Olympic Commander finds new owner
Olympic NOR, a wholly-owned subsidiary of Olympic Subsea, has sold the multi-purpose vessel Olympic Commander. The Norwegian company did not reveal any more details about the sale and the transaction, just that the delivery took place this week. Olympic Commander is of MT 6016 design and of DNV+1A1
Shell and NAM knock on Wood door for North Sea support
Wood is expanding operations in the Southern North Sea following the award of a new operations and maintenance contract with Shell and NAM.
Wintershall Dea exploring conversion of gas pipelines for CO2 transport
German oil and gas company Wintershall Dea and the OTH Regensburg University of Applied Sciences are working to explore how existing natural gas pipelines in the southern North Sea can be used for future CO2 transport. So far, the results suggest that the offshore pipelines could be safely and effic
Eni teams up with IRENA to speed up energy transition
Eni has entered into a partnership with the International Renewable Energy Agency (IRENA) to accelerate the energy transition.
SIMEC Atlantis grows half-year loss
SIMEC Atlantis Energy has released the financial results for the first six months of 2021 showing an increase in losses for the tidal energy developer when compared to the same period a year before.
Bilfinger to target new markets after merging two UK entities
Bilfinger will create a new business following the merger of its two core UK entities, in an effort to respond to a shift in market demand.