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Business & Finance

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JERA and PIF unite for development of green H2 projects and derivatives
Business & Finance

JERA and PIF unite for development of green H2 projects and derivatives

Japan’s energy major JERA and Saudi Arabia’s Public Investment Fund (PIF) have signed a Memorandum of Understanding (MoU), which is set to drive cooperation between the two parties, to explore opportunities for the development of green hydrogen projects and derivatives. Specifically, according to JE

about 3 years ago
Canadian university acquires electric observation-class ROV
Business & Finance

Canadian university acquires electric observation-class ROV

Houston-headquartered Forum Energy Technologies (FET) has delivered an electric observation-class remotely operated vehicle (ROV) to Canadian Memorial University of Newfoundland which can be used for renewable energy projects, among other things. Delivered to the Fisheries and Marine Institute, the

about 3 years ago
First Gen picks Shell for first LNG cargo delivery at Batangas LNG terminal
Business & Finance

First Gen picks Shell for first LNG cargo delivery at Batangas LNG terminal

Following an international tender, First Gen Corporation has selected Shell for the first LNG cargo delivery and completed the berthing of the BW Batangas FSRU at its offshore LNG terminal in the Philippines. First Gen, in partnership with Tokyo Gas, is developing the Interim Offshore LNG Terminal t

about 3 years ago
Norve jack-up rig; Source: Borr Drilling
Business & Finance

Third well comes online as Borr rig starts drilling fourth one off Gabon

Oslo-listed oil and gas E&P player BW Energy has started production from the third well in its multi-well programme offshore Gabon.

about 3 years ago
Pluto LNG Plant; Source: Woodside
Business & Finance

How far have Woodside’s incoming oil & gas and renewable projects come?

Woodside is laying out the groundwork to develop and bring several energy projects online, including oil and gas, low-carbon, and renewable ones.

about 3 years ago
Work starts on first-ever UK-Germany energy link
Business & Finance

Work starts on first-ever UK-Germany energy link

Construction has begun on the €2.8 billion NeuConnect project, the first-ever energy link between the UK and Germany. Since the financial close that was completed in July 2022, a range of site surveys and archaeological activities have been carried out, allowing construction work to now begin in the

about 3 years ago
Illustration; Source: The International Energy Agency (IEA)
Business & Finance

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.

about 3 years ago
Nexans wins €1.43 billion contract for EuroAsia Interconnector
Business & Finance

Nexans wins €1.43 billion contract for EuroAsia Interconnector

Nexans has secured the turnkey contract valued at €1.43 billion for the Cyprus – Greece section of the EuroAsia Interconnector that will connect the grids of Greece, Israel and Cyprus. The 525kV HVDC cable will have a bi-pole length of 2×900 kilometers and will run across the Mediterranean Sea floor

about 3 years ago
NYK
Business & Finance

NYK wraps up vessel dismantling in Bangladesh

Japanese shipping industry major NYK and its group company, NYK Bulk & Projects Carriers Ltd., have completed the dismantling of the heavy-lifter vessel, Kamo, at the PHP Ship Recycling Facility in Bangladesh. The Panama-flagged general cargo ship Kamo was built in 1998. The NYK Group said it was th

about 3 years ago
EnerMech’s global crane operation and maintenance team is being deployed to Malaysia for a long term offshore contract; Source: EnerMech
Business & Finance

UK player scores five-year deal in Malaysia

EnerMech has secured a five-year contract to provide its specialist offshore crane operation and maintenance services in Malaysia.

about 3 years ago
Ocean Apex rig; Source: Diamond Offshore
Business & Finance

Finishing touches underway to get Diamond Offshore rig ready for new drilling jobs in Australia

A semi-submersible rig is undergoing upgrades and a special periodic survey prior to embarking on its new drilling assignments in Australia.

about 3 years ago
Deepsea Yantai rig; Credit: Odfjell Drilling
Business & Finance

Norway sheds light on recent gas discovery in North Sea

More information about a recent gas and condensate discovery in the Norwegian sector of the North Sea has come to light.

about 3 years ago
FSO Palanca; Source Stapem Offshore
Business & Finance

UK oil & gas firm boosts its stake in two Angolan offshore blocks

Afentra has inked a sale and purchase agreement (SPA) with Azule Energy Angola Production to boost its stake in two blocks offshore Angola.

about 3 years ago
Valaris 121 rig; Source: Valaris
Business & Finance

Valaris jack-up rig kicks off its North Sea gig

One of the jack-up rigs owned by Valaris has started its drilling assignment with Petrofac in the UK sector of the North Sea.

about 3 years ago
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