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Business & Finance

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Additional work in Nigeria extends Dolphin Drilling rig’s backlog
Business & Finance

Additional work in Nigeria extends Dolphin Drilling rig’s backlog

Dolphin Drilling has received a new Letter of Award (LOA) for a semi-submersible rig, which will prolong the rig’s assignment off Nigeria.

about 3 years ago
Shelf Drilling secures more work for jack-up rig off Egypt
Business & Finance

Shelf Drilling secures more work for jack-up rig off Egypt

UAE-headquartered Shelf Drilling has won a contract extension for one of its jack-up rigs for operations off Egypt.

about 3 years ago
America’s burning question: To drill or not for more oil & gas
Business & Finance

America’s burning question: To drill or not for more oil & gas

Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?

14 minutes read
Bloom Energy to expand its footprint into Portugal and Spain
Business & Finance

Bloom Energy to expand its footprint into Portugal and Spain

Bloom Energy, a US-based green energy company, has partnered up with Telam Partners, a senior advisory firm specialised in the financing and market entry of energy, infrastructure, and technology projects, to expand its services, which include electrolyzers and hydrogen, into Spain and Portugal. Acc

about 3 years ago
Transocean raising $500 million to partially fund acquisition of its second 8th-gen drillship
Business & Finance

Transocean raising $500 million to partially fund acquisition of its second 8th-gen drillship

Transocean has kicked off a private offering of $500 mil of secured notes to cover in part the acquisition of its second, 8th-gen drillship.

about 3 years ago
Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe
Business & Finance

Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe

Norwegian green hydrogen company Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, have signed a memorandum of understanding (MoU) to pursue an offtake agreement for compressed green hydrogen. On 6 January, the companies said they were discussing a long-term

about 3 years ago
AYRO
Business & Finance

WHISPER wind-assisted ship retrofit project gets financial boost from EU

An energy transition project comprised of 14 partners, WHISPER, has been granted €9,2 million in funding from Horizon Europe, which will include retrofitting ships to achieve emission reductions.

about 3 years ago
India approves National Green Hydrogen Mission
Business & Finance

India approves National Green Hydrogen Mission

The Union Cabinet of India, chaired by PM Shri Narendra Modi, has approved the National Green Hydrogen Mission, which aims to make the country a global hub for the production, utilisation, and export of green hydrogen and its derivatives, as well as help it become energy independent while also decar

about 3 years ago
UK firm emerges from Chapter 11 with FPSO charter for giant oil & gas project as ‘one of the key drivers’
Business & Finance

UK firm emerges from Chapter 11 with FPSO deal for giant oil & gas project as ‘one of the key drivers’

UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it.

about 3 years ago
Danish TSO seeking supplier of 145 kV submarine cable system
Business & Finance

Danish TSO seeking supplier of 145 kV submarine cable system

Danish transmission system operator (TSO) Energinet has issued a tender looking for a provider of a 145 kV submarine cable system. Energinet seeks a provider of an approximately 12-kilometer 145 kV submarine cable system, including all labor, equipment and materials required for design, fabrication

about 3 years ago
PanGeo Subsea officially becomes Kraken Robotics
Business & Finance

PanGeo Subsea officially becomes Kraken Robotics

The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-

about 3 years ago
Acquisition to lift North Sea player into top 10 UK producers
Business & Finance

Acquisition to lift North Sea player into top 10 UK producers and strengthen its oil & gas portfolio

UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.

about 3 years ago
Aker Solutions to deliver FPSO upgrade for Equinor's huge oil and gas project
Business & Finance

Aker Solutions to deliver FPSO upgrade for Equinor’s huge oil and gas project

Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a

about 3 years ago
Jack-up rig kicks off drilling campaign off Gabon
Business & Finance

Jack-up rig kicks off drilling campaign off Gabon

BW Energy has spudded the first well in its multi-well drilling campaign offshore Gabon with a Borr Drilling-owned jack-up rig.

about 3 years ago
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