Business & Finance
Maersk Drilling lands new North Sea gig with Dana
Maersk Drilling has secured a contract from Dana Petroleum to drill two development wells as part of Project Unity in the Dutch sector of the North Sea.
New President and CEO to take the helm at Wärtsilä
The Board of Directors of technology company Wärtsilä has appointed Håkan Agnevall as the new President and CEO for Wärtsilä Corporation. Agnevall will commence in his role no later than in April 2021. He will succeed Jaakko Eskola, who will continue as a senior advisor to the company’s Board of Dir
Solstad vessel wins five-year job in Australia
Solstad Offshore has been awarded a long-term contract for its platform supply vessel with “a major international company” in Australia.
Floating wind brings Principle Power and Technology From Ideas together
Principle Power has partnered with Irish company Technology From Ideas (TfI) for the development of shallow-water mooring components for floating offshore wind. An international consortium led by Principle Power secured a contract by the U.S. National Offshore Wind Research and Development Consortiu
Total to boost investment in renewables in push to become ‘a broad energy company’
French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050.
Shell’s energy transition starts in Germany, offshore wind & hydrogen key elements
Shell is restructuring its business in Germany as the energy transition progresses worldwide, the oil giant announced on 29 September, listing offshore wind and hydrogen as some of the key elements of its operations in the country. The company said it plans to participate in the production of electr
Heerema going carbon neutral
Dutch contractor Heerema wants to become the first carbon-neutral marine contractor in the offshore industry in line with the national and international emission-reduction targets. The plans are being revealed as the inetrnational maritime community pushes forward to meet the 50% GHG reduction targe
Predator continues work on the offshore LNG import project for Ireland
London Stock Exchange-listed Predator Oil & Gas continues to work on the development of an offshore LNG import project for Ireland, the company said in their latest financial disclosure. “We have made excellent progress with regulatory authorities, gas infrastructure owners, gas buyers and a provide
DOF secures contract extension with Equinor
Norwegian vessel owner DOF has secured a contract extension for one of its vessels with compatriot oil major Equinor.
ConocoPhillips gets start-up consent for North Sea redevelopment
Oil major ConocoPhillips has secured consent to start up the Tor II field facilities located in the North Sea offshore Norway.
Equinor gearing up to drill North Sea wells
Equinor has received consent from the country’s offshore safety regulator for exploration drilling in the North Sea using the West Hercules rig.
Centrica inks long-term LNG supply deal with Shenergy
Centrica plc, a global energy and services company, has announced the signing of a long-term LNG supply deal with Shenergy Group Company Limited (Shenergy). According to the release, Centrica agreed a binding 15-year Sales and Purchase Agreement (SPA) to supply 0.5 million tonnes per annum (MTPA) of
Equinor’s giant offshore field hit by strike action following wage talks fail
The strike affects one of the largest Norwegian offshore fields – the Johan Sverdrup – which is operated by Equinor.
Six One Commodities expands footprint to Europe
Six One Commodities LLC (61C) today announced that it is expanding its power and gas business to Europe with the addition of a power team out of Berlin lead by Ingo Klause. Mr. Klause has over 20 years of experience in the CWE region for power trading. He worked for the Swedish utility Vattenfall ac