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Business & Finance

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UK regulator launches consultation on new carbon storage data powers
Business & Finance

UK regulator launches consultation on new carbon storage data powers

The North Sea Transition Authority (NSTA) has launched a consultation on information and sample-related matters in Carbon Dioxide Appraisal and Storage and Petroleum Licences, and the principle of new data powers in support of energy security and the transition to net zero. The UK regulator is aimin

about 3 years ago
Will energy infrastructure be an ace up Europe's decarbonisation sleeve?
Business & Finance

Will energy infrastructure emerge as an ace up Europe’s decarbonisation sleeve?

A new report on Europe’s energy transition progress highlights the key role energy infrastructure is playing in driving decarbonisation.

about 3 years ago
Oman LNG inks supply deals with TotalEnergies and Thailand’s PTT
Business & Finance

Oman LNG inks supply deals with TotalEnergies and Thailand’s PTT

Oman LNG has signed two binding term-sheet agreements, one with French energy major TotalEnergies and one with Thailand’s PTT Global LNG Company, to supply 1.6 million metric tonnes per annum (mtpa) of LNG starting from 2025, according to Omani state news agency. The agreement with TotalEnergies wil

about 3 years ago
All-systems-go for Equinor to deploy Shelf Drilling rig at North Sea field
Business & Finance

All-systems-go for Equinor to deploy Shelf Drilling rig at North Sea oil & gas field

Equinor has received consent from Norway’s regulator to use Shelf Drilling’s jack-up rig for drilling ops at a field in the North Sea.

about 3 years ago
Fugro takes its survey services to Brunei
Business & Finance

Fugro takes its survey services to Brunei

Netherlands-headquartered Fugro has secured a contract with Petronas Carigali Brunei to perform surveys at a deepwater gas field development offshore Brunei. Fugro will deliver various site characterization surveys to support the front-end engineering design for offshore production facilities and th

about 3 years ago
Development of TA’ZIZ ammonia facility in Abu Dhabi gains ground
Business & Finance

Development of TA’ZIZ ammonia facility in Abu Dhabi gains ground

ADNOC’s Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) has signed a shareholder agreement with Fertiglobe, a strategic partnership between ADNOC and OCI Company, South Korea’s GS Energy Corporation, and Japan’s Mitsui & Co to develop a 1 million tonnes per annum low-carbon ammonia production facil

about 3 years ago
Well test results at North Sea project ‘unexpected and disappointing’
Business & Finance

Well test results at North Sea gas project ‘unexpected and disappointing’

IOG may need to go back to the drawing board to formulate a new plan for the production from the Southwark field in the North Sea.

about 3 years ago
FEED services provider wanted for Dutch CO2 storage project
Business & Finance

FEED services provider wanted for Dutch CO2 storage project

TotalEnergies EP Nederland has issued a tender searching for a provider of the front-end engineering and design (FEED) of the trunkline for the Aramis CO2 storage project. The Aramis project is a cooperation initiative between EBN, Gasunie, Shell and TotalEnergies to explore the joint development of

about 3 years ago
Inseanergy’s floating solar unit (Courtesy of Inseanergy)
Business & Finance

AKVA Group, Inseanergy team up to decarbonize aquaculture using floating solar

AKVA Group and Norwegian floating solar company Inseanergy have signed a letter of intent for the supply and integration of green energy solutions to the aquaculture industry.

about 3 years ago
KARMOL secures $71 million loan for Senegal FSRU
Business & Finance

KARMOL secures $71 million loan for Senegal FSRU

KARMOL, a joint venture between Turkish Karpowership and Japanese Mitsui O.S.K. Lines (MOL), has reached an agreement with Japanese banks to finance its first floating storage and regasification unit (FSRU) in Senegal. KARMOL, through Senegal LNGT Company Limited, signed the loan agreement with Japa

about 3 years ago
GTT to design LNG carriers' tanks for Hyundai Samho
Business & Finance

GTT nets LNGC and VLECs tank design orders

French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers

about 3 years ago
Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem
Business & Finance

Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem

Five oil & gas firms have inked an industry collaboration agreement with a software company to standardize the digital supply of spare parts.

about 3 years ago
Illustration/NSWC Carderock – Maneuvering and Seakeeping Basin (MASK) – one of TEAMER network facilities (Courtesy of TEAMER)
Business & Finance

TEAMER picks 12 marine energy projects for $1.2 million in research support

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 12 projects to receive technical support for testing marine energy technologies as part of its eighth call for applications.

about 3 years ago
Wintershall Dea exiting Russia as operations are "not tenable"
Business & Finance

Wintershall Dea exiting Russia as operations are “not tenable”

Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that continuing to operate in Russia is “not tenable” and that Russia’s aggression on Ukraine is incompatible with the company’s values. The Supervisory Board approved a principle decision by the Management Board

about 3 years ago
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