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Business & Finance

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New assignment for Equinor to tackle nonconformities at North Sea project
Business & Finance

New assignment for Equinor to tackle nonconformities at North Sea project

Norway’s regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
US company expands subsea product portfolio for offshore wind market
Business & Finance

US company expands subsea product portfolio for offshore wind market

Panduit, a US provider of electrical and network infrastructure solutions, has bought the subsea cable and pipe protection product portfolio and related technologies from South Korea marine manufacturer DongWon EN-Tec (DWE).

about 3 years ago
Shell unveils five energy sector trends to watch in 2023
Business & Finance

Shell unveils five energy sector trends to watch in 2023

Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.

about 3 years ago
Strohm receives its 'largest order to date' from ExxonMobil
Business & Finance

Strohm receives its ‘largest order to date’ from ExxonMobil

Dutch Strohm has secured a second contract with U.S. oil and gas giant ExxonMobil for the delivery of thermoplastic composite pipe (TCP) jumpers for a field development located offshore Guyana. The award, said to mark Strohm’s largest order so far, will see the delivery of more than 24 of the compan

about 3 years ago
GlobalData: Shell dominated long-term LNG import contract volumes in 2022
Business & Finance

GlobalData: Shell dominated long-term LNG import contract volumes in 2022

Oil and gas major Shell led the global long-term liquefied natural gas (LNG) import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), data and analytics company GlobalData found in its new report. According to GlobalData’s

about 3 years ago
Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics
Business & Finance

Provaris, Norwegian Hydrogen ally on green hydrogen development in Nordics

Australian Provaris Energy has signed a Memorandum of Understanding (MoU) with Norwegian Hydrogen AS, a developer of hydrogen production hubs and value chains, to collaborate on the development of green hydrogen value chain projects in the Nordics, Europe. The scope of the MoU will focus on the deve

about 3 years ago
CNOOC bringing multiple oil & gas projects online in 2023 while bolstering transition to low-carbon and green energy
Business & Finance

Multiple oil & gas, low-carbon and green energy projects on CNOOC’s agenda for 2023

CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.

about 3 years ago
South Korea's SHI
Business & Finance

South Korean shipbuilders grabbed lion’s share of eco-friendly orders in 2022

South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2

about 3 years ago
UK oil & gas firm gets green light for Angolan offshore blocks
Business & Finance

UK oil & gas firm gets green light for Angolan offshore blocks

UK-headquartered Afentra plc has received approval from the Angolan Ministry of Mineral Resources, Oil and Gas for the acquisition of INA-Industrija Nafte’s interest in two blocks offshore Angola. Afentra is acquiring from INA-Industrija a 4 per cent interest in Block 3/05 and a 4 per cent interest

about 3 years ago
Shell makes headway in global digitalisation of its ops with Kabal’s software
Business & Finance

Shell makes headway in global digitalisation of its ops with Kabal’s software

UK-headquartered energy giant Shell has advanced its digitalisation journey through a global agreement with Kabal.

about 3 years ago
UK National Subsea Centre officially opens
Business & Finance

UK’s National Subsea Centre officially opens

The National Subsea Centre (NSC), a center of excellence for subsea research and technology development established to provide advanced research to accelerate the transition to net zero, has officially opened in Aberdeen. NSC was officially opened in Dyce, by Michael Matheson, Scottish Government Ca

about 3 years ago
Noble, Halliburton and Odfjell forge rig alliances with Aker BP for five years of drilling ops
Business & Finance

Noble, Halliburton and Odfjell forge five-year rig alliances with Aker BP for drilling ops

Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.

about 3 years ago
Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition
Business & Finance

Capricorn’s NewMed merger plan runs up against strong shareholder opposition

Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”

about 3 years ago
Solstad vessels to trial Starlink connectivity
Business & Finance

Solstad vessels to trial Starlink connectivity

Smart network solutions company Marlink is equipping Solstad Offshore’s vessels with Starlink connectivity, integrated with the Sealink VSAT, L-band backup and 4G services. According to Marlink, Solstad is the first offshore vessel operator on the Marlink network to trial Starlink testing the networ

about 3 years ago
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