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Business & Finance

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Fugro plots first remotely operated autonomous offshore wind farm inspection
Business & Finance

Fugro plots first remotely operated autonomous offshore wind farm inspection

Netherlands-headquartered Fugro has revealed plans to carry out a remotely operated autonomous offshore wind farm inspection, said to be an industry first. Fugro will use its Blue Essence uncrewed surface vessel (USV) equipped with the Blue Volta fully electric remotely operated vehicle (ROV) to con

about 3 years ago
Germany welcomes floating LNG terminal Hoegh Gannet
Business & Finance

Germany welcomes floating LNG terminal Hoegh Gannet

Höegh LNG’s floating liquefied natural gas (LNG) terminal Hoegh Gannet has arrived at Brunsbüttel’s Elbehafen port near Hamburg, Germany to increase German liquid gas import capacity. RWE, which is responsible for filling the FSRU with LNG, together with companies Uniper and EnBW, said that in the n

about 3 years ago
Contract signing sets in motion survey campaign offshore Timor-Leste
Business & Finance

Contract signing sets in motion survey campaign offshore Timor-Leste

Mahakarya Geo Survey (MGS), an Indonesian provider of marine seismic, underwater services, and geotechnical survey, has signed a contract with Timor GAP, the national oil company of Timor-Leste, to conduct surveys offshore Timor-Leste as part of the Metinaro survey campaign project.

about 3 years ago
Equinor all set to deploy Transocean rig at North Sea field
Business & Finance

Equinor all set to deploy Transocean rig at North Sea field

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs at a field in the North Sea.

about 3 years ago
WATCH: Shetlanders send a message in a bottle urging ‘sibling across the sea’ to stop massive oil & gas project
Business & Finance

WATCH: Shetlanders send a message in a bottle urging ‘sibling across the sea’ to stop massive oil & gas project

A group of Shetlanders have made a short film, asking Norway to stop the development of a giant oil field off the coast of Shetland.

about 3 years ago
RWE’s hydrogen project FUREC receives €108 million grant
Business & Finance

RWE’s hydrogen project FUREC receives €108 million grant

EU Innovation Fund has granted €108 million to German RWE’s FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands. According to RWE, the EU funding marks a key milestone in advancing the project as FUREC will require an

about 3 years ago
Hellenic Cables initiates €80 million investment program
Business & Finance

Hellenic Cables initiates €80 million investment program

Greek cable manufacturer Hellenic Cables has launched an investment program of approximately €80 million over a two-year horizon in order to address the growing demand for electrification. The program includes a major expansion of the company’s subsea cable plant in Corinth that will double the prod

about 3 years ago
Norway’s oil & gas output goes up a notch in December
Business & Finance

Norway’s oil & gas output goes up a notch in December

Norway recorded a slight increase in oil and gas production in December compared to the figures from November 2022.

about 3 years ago
KSOE VLGC
Business & Finance

KSOE starts 2023 with a bang, inks $195 mln VLGC contract

South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) is off to a strong start to the year revealing a third shipbuilding deal this week. The company said in a stock exchange filing that it had won a contract for the construction of two very large gas carriers (VLGCs). The

about 3 years ago
Saipem collects $900 million in new contracts
Business & Finance

Saipem collects $900 million in new contracts

Italian oilfield services provider Saipem has secured two contracts, one in Brazil and one in Norway, for a total amount of approximately $900 million. The first contract was secured with TotalEnergies in partnership with Aker Solutions do Brasil for the Lapa South-West development project, a deepwa

about 3 years ago
Clean Hydrogen Partnership launches €195M call for clean hydrogen technologies
Business & Finance

Clean Hydrogen Partnership launches €195M call for clean hydrogen technologies

Clean Hydrogen Joint Undertaking, also known as the Clean Hydrogen Partnership, has launched its 2023 call for proposals for the development of clean hydrogen technologies. The call was launched on 17 January with a total of €195 million to be made available for projects that support the creation of

about 3 years ago
Borr Drilling wins work in Latin America for jack-up rig
Business & Finance

Borr Drilling’s jack-up rig wins work in Latin America

Borr Drilling has received a letter of award (LOA) for one of its premium jack-up drilling rigs with an undisclosed company in Latin America.

about 3 years ago
Noble jack-up rig ready to embark on its new gig in North Sea
Business & Finance

Noble jack-up rig ready to embark on its new gig in North Sea

Noble Corporation’s jack-up rig has left Port Esbjerg and is now ready to start working on a CO2 storage project in the Danish North Sea.

about 3 years ago
Snam to pour €10 billion by 2026 in Italy’s gas security
Business & Finance

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
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