Business & Finance
Eni and Mubadala to pursue energy transition opportunities
UAE-based Mubadala Petroleum and Italy’s Eni have agreed to collaborate on the energy transition-related initiatives.
Hyundai Glovis signs gas shipping deal with Trafigura
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, has entered into an agreement with Switzerland-based commodity trading company Trafigura to deliver ammonia and liquefied natural gas (LPG) from 2024.
Wintershall Dea confirms oil discoveries in Norwegian Sea
Oil and gas company Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery, located in the Norwegian Sea, and found additional volumes. Drilled from the Deepsea Aberdeen semi-submersible rig, the re-entry and appraisal wells confirmed the oil discoveries in th
Neptune gets nod to drill North Sea prospect
Neptune Energy has received consent from Norwegian authorities for exploration drilling in the North Sea, using an Odfjell Drilling-owned rig.
In focus: Enabling the future step by step
When it comes to the energy transition, we have already seen that the first-mover advantage is there.
Subsea 7-OHT link-up gathers executive team
Subsea 7 has revealed the proposed executive team for Seaway 7, the company set to be created by the planned combination of OHT and Subsea 7’s Renewables business unit. Seaway 7 will be managed by an experienced executive team led by Stuart Fitzgerald as chief executive officer (CEO). Current OHT CE
TechnipFMC selling stake in Technip Energies
TechnipFMC is selling 7.6 million Technip Energies shares through a private sale transaction with HAL Investments, the Dutch investment subsidiary of HAL Holding. The sale price of the shares in the sale is set at €11.15 per share, yielding total gross proceeds of €196.2 million. Upon completion of
Shell to explore CCUS opportunities with KazMunayGas
Shell and KazMunayGas have signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).
JDR adopts resonant test tech for 66kV inter-array cables
JDR Cable Systems has adopted HIGHVOLT Prüftechnik Dresden’s Resonant Test System (RTS) for testing inter-array cables at offshore wind projects. The test system is purpose-built for post-installation testing of 66 kV offshore inter-array cables according to the international standard IEC 63026. The
Third Rhum well goes online for Serica
Serica Energy has started production from the Rhum R3 well in the UK North Sea, some 16 years after it was originally drilled.
Global Underwater Hub names ex-SMD CEO as first chair
UK’s new subsea industry organisation The Global Underwater Hub (GUH) has appointed Andrew Hodgson, former CEO of Soil Machine Dynamics (SMD), as its first chair. Hodgson will take up the role as Subsea UK transitions into a new strategically-focused organisation that aims to transform the UK’s unde
Green light to Lundin for North Sea field start-up
Oil and gas company Lundin Energy has received consent from Norwegian authorities for the start-up of the Solveig field in the North Sea.
Norwegian government proposing stricter petroleum tax rules
Norway’s government is proposing to revise the petroleum tax system, introducing stricter tax rules with a more neutral effect on investments.
Neptune kicks off first W2W campaign at North Sea field
Neptune Energy has started the first Walk to Work (W2W) campaign at its operated Cygnus gas field in the UK Southern North Sea.