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Business & Finance

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BP picks UK firm for global well engineering services
Business & Finance

BP picks UK firm for global well engineering services

BP has handed out a long-term deal for well engineering services across its global operations to THREE60 Energy.

about 3 years ago
Saipem rig spuds North Sea prospect
Business & Finance

Saipem rig spins the drill bit at North Sea prospect

Aker BP has started drilling an exploration well in the North Sea off Norway, using one of Saipem’s semi-submersible rigs.

about 3 years ago
AUV gauges electrical potential of subsea pipelines offshore Japan
Business & Finance

AUV gauges electrical potential of subsea pipelines offshore Japan

Japan’s Kawasaki Heavy Industries and French energy major TotalEnergies have completed a joint offshore verification test measuring the electrical potential of subsea pipelines during close-range inspections using an autonomous underwater vehicle (AUV). The test was performed using what is said to b

about 3 years ago
US DOE supports ARCH2’s hydrogen hub funding application
Business & Finance

US DOE supports ARCH2’s hydrogen hub funding application

US Department of Energy (DOE) has encouraged the Appalachian Regional Clean Hydrogen Hub (ARCH2) to submit a full application for the regional clean hydrogen hub Funding Opportunity Announcement (FOA) as designated in the bipartisan Infrastructure Investment and Jobs Act. ARCH2 said its goal is to l

about 3 years ago
Helicopter operator lands new million-dollar deals with Brazilian oil & gas giant
Business & Finance

Helicopter operator lands new million-dollar deals with Brazilian oil & gas giant

Petrobras has awarded several new contracts to CHC do Brasil, part of CHC Helicopters, for offshore transport services in Brazil.

about 3 years ago
Maersk Methanol
Business & Finance

Maersk Growth invests in green methanol

Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has revealed an investment in Berlin-based startup C1 Green Chemicals AG which specializes in the production of green methanol. The company has developed innovative technology enabling the mass production of green methanol without

about 3 years ago
Deutsche Ostsee LNG import terminal in Lubmin to start up
Business & Finance

Deutsche Ostsee LNG import terminal in Lubmin to start up

Deutsche ReGas operated Ostsee LNG import terminal, for which French energy major TotalEnergies is contributing a floating storage and regasification unit (FSRU) and LNG supply, will see its official inauguration tomorrow. Stéphane Michel, President of Gas, Renewables & Power at TotalEnergies, said:

about 3 years ago
Helix Robotics charters Glomar vessel for three years
Business & Finance

Helix Robotics charters Glomar vessel for three years

Helix Robotics Solutions has entered into a three-year charter agreement for the DP2 offshore support vessel Glomar Wave for work in the renewables and oil and gas sectors. The 66.4-meter multi-role vessel can be configured with one or two remotely operated vehicles (ROVs) and Helix’s new custom-bui

about 3 years ago
EU approves €1.1 billion Danish scheme for carbon capture and storage
Business & Finance

EU approves €1.1 billion Danish scheme for carbon capture and storage

The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and e

about 3 years ago
Vision Energy adds new subsidiaries for its project in the Netherlands
Business & Finance

Vision Energy adds new subsidiaries for its project in the Netherlands

Vision Energy has incorporated new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators, and launching customers for its integrated Green Energy Hub development in the North Sea Port of Vlissingen, the Netherlands. It incorporated Vision Hydrogen BV as a projec

about 3 years ago
South America to stay 'key region for high-impact exploration', Westwood says in 2023 outlook
Business & Finance

South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor

about 3 years ago
One third of TotalEnergies’ investments now in renewable energy and clean fuels
Business & Finance

One third of TotalEnergies’ investments now in renewable energy and clean fuels

TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it

about 3 years ago
2014-built multi-purpose support vessel getting battery hybrid system
Business & Finance

2014-built multi-purpose support vessel getting battery hybrid system

DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati

about 3 years ago
ADNOC buying stake in Austrian oil and gas firm
Business & Finance

ADNOC starts new business venture ADNOC Gas

Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has established ADNOC Gas, a new world-scale gas company that will combine the operations, maintenance, and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global consolidated business. The n

about 3 years ago
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