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Business & Finance

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Australia gets its 'largest' subsea robotics center
Business & Finance

Australia gets its ‘largest’ subsea robotics center

Advanced Navigation has launched what is said to be the largest subsea robotics center in Australia, set to accelerate the production of the company’s underwater technologies. The high-tech manufacturing and R&D center is located on a 5.5-acre site in Balcatta, Western Australia, and includes full t

about 3 years ago
FortisBC to expand its Tilbury LNG storage
Business & Finance

FortisBC to invest over $155 million in energy efficiency programmes in 2023

North American FortisBC Energy and FortisBC have received approval from the British Columbia Utilities Commission to invest more than $155 million into conservation and energy efficiency programmes in 2023. According to FortisBC, the majority of the funds, $141 million, are earmarked to support gas

about 3 years ago
Shelf Drilling’s Shelf Perseverance jack-up rig; Source: IOG
Business & Finance

Potential delay on the cards for completion of drilling ops at UK North Sea well

IOG plc has encountered a challenge that could extend its previous drilling duration timeline for the second Blythe production well.

about 3 years ago
North Sea Transition Authority (NSTA)
Business & Finance

UK awards storage licence for depleted gas field in East Irish Sea

dCarbonX has been awarded a gas storage licence in the East Irish Sea by the UK’s regulator, North Sea Transition Authority (NSTA).

about 3 years ago
Following new COO, US oil and gas firm names CFO and Sr. Vice President
Business & Finance

Following new COO, US oil and gas firm names CFO

Following the recent appointment of a new Chief Operating Officer (COO), U.S. oil and gas company Amplify Energy Corp. has named a new Chief Financial Officer (CFO) and Senior Vice President. Amplify Energy announced on 17 April that James (Jim) Frew has joined the company as Senior Vice President a

about 3 years ago
FPSO Voyageur Spirit; Source: KPL
Business & Finance

FPSO leaves UK port after nearly three years – gallery

After being warm stacked for close to three years, a cylindrical FPSO has sailed away from the UK’s Kishorn port (KPL).

about 3 years ago
West Eclipse (for illustration purposes); Source: Seadrill
Business & Finance

U.S. picks up the pace to boost offshore rig count

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States upped the ante last week.

about 3 years ago
Port of Rotterdam to offer site suitable for green hydrogen plant
Business & Finance

Port of Rotterdam to offer site suitable for green hydrogen plant

The Port of Rotterdam Authority is developing an 11ha site on the Maasvlakte suitable for the construction of a very large green hydrogen plant. The site offers space for up to 1 GW of electrolysis and is located next to where Tennet’s Amaliahaven (380 kV) high-voltage substation will be built. This

about 3 years ago
Bourbon Guyana becomes country's first offshore support vessel operator
Business & Finance

Bourbon Guyana becomes country’s first offshore support vessel operator

Bourbon Guyana has become the first indigenous offshore support vessel operator in Guyana after a local company joined the joint venture. Bourbon Marine & Logistics reported on 17 April that it had established a partnership with the Guyanese company Tethys Marine & Logistics, which became a 51 per c

about 3 years ago
Illustration/Oneka's wave-powered desalination buoy (Courtesy of Oneka Technologies)
Business & Finance

Oneka sets foot in Chile with wave-powered desalination technology

Canadian company Oneka Technologies has announced the opening of its subsidiary in Chile, following the successful demonstration of its wave energy-powered desalination technology in the country.

about 3 years ago
UK-Norway interconnector projects paused due to timeline conflict
Business & Finance

UK-Norway interconnector projects paused due to timeline conflict

Two multi-purpose interconnector projects that were supposed to link the UK and Norway have been deemed unable to meet the eligibility criteria and have therefore been paused, according to UK energy market regulator Ofgem.

about 3 years ago
Latvijas Gaze sells its subsidiary Gaso to Eesti Gaas
Business & Finance

Latvijas Gaze sells its subsidiary Gaso to Eesti Gaas

Latvia’s natural gas company Latvijas Gaze has signed a definitive agreement to sell its wholly-owned subsidiary Gaso to energy company Eesti Gaas, also known as Elenger. According to Eesti Gas, the completion of the transaction is subject to approval from the Latvian Competition Authority and permi

about 3 years ago
Fugro wins big in the UAE
Business & Finance

Another win for Fugro in the UAE

Fugro has secured a contract to perform a series of offshore surveys for what it says is a “major field development program in the Middle East”. Under the contract, Fugro will deliver site characterization services in support of one of the largest long-term field development programs in the United A

about 3 years ago
Abo FPSO; Source: BW Offshore
Business & Finance

BW Offshore FPSO staying longer in Nigeria

Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field off Nigeria.

about 3 years ago
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