Business & Finance
Shell and Eni acquitted in Nigeria corruption case
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.
DOF finds long-term jobs for platform supply trio
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana.
Another Norwegian company sets lofty offshore wind goals, prepares for Oslo Stock Exchange
Integrated Wind Solutions (IWS), a newly established offshore wind service company currently wholly owned by the Awilhelmsen Group, opened a bookbuilding period in relation to private placement of shares on 18 March, ahead of listing on Oslo Stock Exchange, expected to take place around 25 March. Th
TechnipFMC targets floating wind with Magnora tie-up
TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. In Januray, Magnora revealed it had entered into a partnership to establish the joint venture, but at the time did not disclose t
Former EY man becomes finance director at 3t Energy
Training firm 3t Energy Group has appointed a new finance director for its training division to drive global growth plans.
TMC to deliver compressor system to FPSO Anita Garibaldi
Norway-based compressor supplier TMC Compressors has been contracted to supply a marine compressed air system for the Brazil-bound floating, production, storage, and offloading vessel (FPSO) Anita Garibaldi.
OSSO temperature control tech set for Neptune’s Seagull development
Fluid temperature control and separation solutions provider OSSO has been awarded a contract by Neptune Energy to deploy its high-volume mud cooler technology for the Seagull campaign in the UK Central North Sea.
UK gov’t supports HyNet carbon capture storage project with over $45 million
Italian oil company Eni has revealed that the UK Government granted £33 million ($45.85 million) to support the HyNet project focused on the decarbonisation of the industrial district in the North-West of England with CO2 capture and storage.
Ørsted picks temporary staff supplier for German offshore wind farms
Ørsted has awarded ERSG with a contract to supply temporary staff for its offshore wind farms in Germany, following a tender issued in September 2020. The scope of work includes staff for offshore operations and logistics, commissioning, project management roles, QHSE, and engineering, separately fo
Serica Energy spuds Columbus well off UK
Oil and gas company Serica Energy has started drilling the Columbus well located in the North Sea using a Maersk Drilling-owned jack-up rig.
Odfjell rig lands more work with Equinor
Offshore rig owner Odfjell Drilling has been awarded more work for one of its semi-sibmersible rigs from Equinor in Norway.
Solstad sells two laid-up anchor handlers
Norwegian vessel owner Solstad Offshore has sold and delivered to a new owner two of its anchor handling tug and supply vessels.
Acorn CCS and Hydrogen project gets over $43 million in government funding
Scotland took a step closer to its net-zero carbon goals with the announcement of over £30 million ($41.7 million) of UK Government funding for initiatives linked to the Acorn carbon capture and storage (CCS) project.
Liquid Wind joins Methanol Institute
Liquid Wind, a power to fuel company based in Gothenburg, has joined the Methanol Institute. The company develops, finances, builds, and manages facilities to produce renewable methanol. Renewable methanol is produced from sustainable raw materials such as industrial and municipal waste, biomass, an