Business & Finance
Croatian oil & gas company eyeing offshore wind in the Adriatic Sea
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. (INA) plans to diversify into renewable energy and is specifically considering offshore wind and solar energy developments in the country. At an energy conference held on 26 January, INA’s Director of Strategic Operations and Public Affairs, Hr
Chrysaor sets the wheels in motion for North Sea well spud
Oil and gas company Chrysaor has started preparations to drill an exploration well in the North Sea, using the COSLInnovator rig.
Equinor selects new class of startups to shape the future of energy
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.
Vantage rig completes maintenance ahead of Eni gig
MMH Malta, a port facility and provider of services for offshore drilling rigs, has completed a maintenance program on a Vantage Drilling-owned jack-up rig.
Shell takes majority stake in Irish floating wind project
Dutch oil and gas major Shell has agreed to take a majority stake in a 1 GW floating wind project offshore Ireland. Shell New Energies, the renewable energy trading, generation, and supply arm of Shell, has signed an agreement with Simply Blue Energy to acquire 51 per cent in Simply Blue Energy’s Ki
DNV GL combines Oil & Gas, Power & Renewables to create Energy Systems
Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.
Statkraft and Aker come together for offshore wind in Norway
Statkraft, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind opportunities in Norway. The companies will work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind projects in Norway. The cooperat
Subsea Expo called off as virus woes continue
The world’s largest underwater engineering event – Subsea Expo – will not be taking place this year. Organisers, Subsea UK, who have already postponed the event from February to May this year due to the coronavirus-imposed restrictions have decided to wait until 2022 before staging the event. The th
Disappointment for Lundin in Barents Sea
Lundin Energy came up dry in the Bask prospect following results from an exploration well in the Barents Sea drilled with the West Bollsta rig.
MAN to supply engines for Hapag-Lloyd’s LNG-powered newbuilds
Engine manufacturer MAN Energy Solutions has won an order to supply six main engines for Hapag-Lloyd’s LNG-powered 23,000+TEU ultra large container vessels. The MAN B&W 11G95ME-GI Mk10.5 engines will be built in Korea and will offer the option of operating on LNG or conventional fuel, meeting Tier I
Maersk Tankers sells product tanker fitted with rotor sails
Maersk Pelican, the world’s first product tanker testing the use of wind propulsion technology, has been sold and delivered to its new owner, Maersk Tankers said. Data from VesselsValue shows that the LR2 tanker has been sold to Buana Lintas Lautan, an oil and gas company from Indonesia, for an undi
Eni gets new licence in UK North Sea
Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round.
Dana to withdraw from North Sea gas project
Following a review, oil and gas company Dana Petroleum is abandoning an offshore gas project located in the UK sector of the North Sea.
MAATS Tech nets contract for Van Oord’s new CLV
MAATS Tech has secured a contract with VARD to deliver cable lay equipment for Van Oord’s new cable laying vessel (CLV). “I am immensely proud of the team effort that has gone into winning this contract and continues our track record in providing this type of equipment in the cable industry, already