Business & Finance
Ex-Ithaca CEO joins Jersey Oil & Gas board
Jersey Oil & Gas (JOG) has announced the appointment of Les Thomas to its board as an independent non-executive director.
Tullow Oil outlines path to net-zero by 2030
UK-based oil and gas company Tullow Oil has committed to becoming a net-zero company by 2030 on its Scope 1 and 2 emissions.
SeaTerra and Trident form offshore partnership
Unexploded ordnance (UXO) specialist SeaTerra and archaeology expert Trident Archäologie have joined forces to streamline their services for offshore developments in Germany.
Petrofac wins one-year extension with NEO Energy
Oilfield services provider Petrofac has been awarded a one-year extension to its integrated services contract with NEO Energy.
NordLink ‘green cable’ becomes fully operational
TenneT and partners Statnett and KfW have taken over the NordLink high-voltage direct current (HVDC) transmission system between Norway and Germany, marking the end of the interconnector’s trial operation.
Stena rig en route to Ireland ahead of decom campaign
Stena Spey is now on its way to Ireland and the Celtic Sea ahead of a decommissioning campaign at Kinsale fields.
EnQuest files decom plans for Heather topsides
UK oil and gas company EnQuest has filed its decommissioning programme for the Heather Alpha platform topsides to the country’s authorities.
Swedish Energy Agency funds NoviOcean wave energy prototype
Swedish Energy Agency has approved funding support of SEK 5.6 million (€550,000) for the project looking to advance Novige’s NoviOcean wave energy device.
Seatronics hires Outreach Offshore to build ‘Mini LARS’ systems
Outreach Offshore has been commissioned by Seatronics to design and build three bespoke ‘Mini LARS’ systems.
Equinor gearing up to drill two North Sea wells
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for the drilling of two wells located offshore Norway.
Ashtead inks deal with Zetechtics for ROV tooling tech
Integrated subsea technology and services provider Ashtead Technology has signed a deal with Zetechtics to offer customers a range of new ROV tooling technologies.
Gasrec buys bio-LNG assets
UK’s gas supplier Gasrec has acquired five bio-LNG refueling stations and four cryogenic trailers, reinforcing its commitment to transition from diesel to a cleaner fuel.
Euronav fixes $95M in green financing
Belgian tanker owner Euronav NV has signed an €80 million ($95 million) sustainability-linked financing deal, the company revealed. The move brings the share of facilities with an integrated sustainability component in the company’s total to 31.5%. The unsecured revolving credit facility has been co
Vaalco names new CEO, opening new London office
The board of directors of Houston-based Vaalco Energy has named a new chief executive officer (CEO) following the departure of the current CEO.