Icelandic energy company Landsvirkjun and global industrial gases and engineering company Linde have signed a collaboration agreement that is expected to facilitate energy transition in Iceland through the development of clean hydrogen and e-fuel projects. Landsvirkjun said the partnership will comb
UK-based remotely operated vehicle (ROV) solutions provider ROVOP has secured a new $25 million senior credit facility with global infrastructure and real assets manager Cordiant Capital in order to pursue growth steps. The support comes as ROVOP continues to invest in its fleet infrastructure and e
Japanese chemical company Asahi Kasei, a part of the Asahi Kasei Group, has established a ‘Care for Earth’ investment framework as a new initiative for carbon neutrality by investing $100 million worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, ene
Qatar’s state-owned oil and gas company QatarEnergy has signed a definitive partnership agreement with China Petroleum & Chemical Corporation (Sinopec) for the North Field East (NFE) expansion project. With this deal, Sinopec becomes the first Aisan shareholder in one of the NFE joint venture compan
Wärtsilä has been picked not only to operate power modules onboard an FPSO off Brazil but also for an optimised maintenance agreement.
Japan’s Itochu Corporation has decided to make an equity investment in Purus Marine, a recently formed, environmentally focused maritime vessel and infrastructure company. UK-based Purus Marine owns and manages various environmentally advanced vessels. Its business purpose is to provide vessels that
British wind propulsion company Anemoi Marine Technologies has won funding from the UK Research and Innovation’s Horizon Europe Guarantee fund as part of its involvement in the Optiwise EU project. The Optiwise project aims to maximise the results of vessels using wind propulsion technologies, such
One of Well-Safe Solutions’ rigs is on its way to start its first decommissioning assignment on the UK Continental Shelf (UKCS).
UK’s C-Kore Systems has delivered testing tools to DeepOcean that were deployed at an Equinor-operated field in the North Sea to confirm the status of subsea electrical jumpers. C-Kore said that the testing tools were used to “quickly and simply” confirm the status of subsea electrical jumpers on th
Trinity Exploration & Production has confirmed that a fire broke out at one of its platforms working at an oil field offshore Trinidad.
The U.S. Energy Information Administration (EIA) has slightly revised its forecasts, reducing OPEC production for the rest of 2023.
The American Petroleum Institute calls on the Biden administration to address the broken permitting process halting U.S. energy development.
Norway’s DOF Group has secured a new long-term contract for one of its anchor handling tug and supply (AHTS) vessels with Equinor.
The Danish Ministry of Climate, Energy and Supply has approved Energinet’s application for the replacement of a submarine cable that passes across Øresund connecting Denmark and Sweden. With the approval in place, Energinet can now begin the project to replace System 2 on the 400 kV cable connection
