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Business & Finance

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TGS and CGG team up for survey job in North Sea
Business & Finance

TGS and CGG team up for survey job in North Sea

TGS and CGG have secured a contract to carry out the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Sleipner area of the Norwegian Continental Shelf (NCS).

about 3 years ago
EHB studies future demand and supply of hydrogen in Europe
Business & Finance

New chairwomen of EHB consortium come from Gasgrid and Enagas

Sara Kärki from transmission system operator (TSO) Gasgrid Finland and Maria Sicilia from TSO Enagás are the two new chairwomen of the European Hydrogen Backbone (EHB) consortium. “Hydrogen is a key technology for diversifying energy supply, improving energy security and resilience of the European e

about 3 years ago
Aker Solutions wins 'sizeable' contract with Wintershall Dea
Business & Finance

Aker Solutions wins ‘sizeable’ contract with Wintershall Dea

Aker Solutions has won a contract from Wintershall Dea to provide the subsea production system for the Dvalin North development offshore Norway, shortly after the plan for the development and operation (PDO) of the gas field was submitted. The Dvalin North gas field is located around 200 kilometers

about 3 years ago
Works at TKF new factory at Beatrixhaven, Photo Groningen Seaports – Koos Boertjens
Business & Finance

TKF building offshore wind cable factory in Eemshaven

Twentsche Kabelfabriek (TKF) has started the construction of a new cable factory at the Beatrixhaven site in Eemshaven, the Netherlands. According to Groningen Seaports, TKF will use the new factory to produce subsea cables to connect wind turbines from offshore wind farms to power stations. The new

about 3 years ago
Deal signed to continue development and production of two Qatari oil fields
Business & Finance

Deal signed to continue development and production of two Qatari oil fields

QatarEnergy and Japan’s Qatar Petroleum Development Company (QPD) have signed a new agreement for the continued development and production of two oil fields located in Qatar’s territorial waters. Under the five-year deal, QPD, owned by Cosmo E&P and Sojitz, will continue to act as the operator of th

about 3 years ago
RWE and Harbour Energy shake hands for carbon capture and storage
Business & Finance

RWE and Harbour Energy shake hands to pursue carbon capture and storage

RWE and Harbour Energy have established a partnership to investigate options to capture, transport and store CO2 from RWE’s gas-fired power stations via Viking CCS, Harbour Energy’s CO2 transport and storage network. The partnership is expected to lead to the transportation and storage of captured C

about 3 years ago
Nigeria plans bidding round for 7 deepwater offshore blocks
Business & Finance

Nigeria plans bidding round for 7 deepwater offshore blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the Federal Government, is planning to hold a mini-bid round for seven offshore blocks in order to spur new exploration and drilling activities in the country’s deep waters. The seven blocks in the Mini Bid Round cover an ar

about 3 years ago
IPC agrees production sharing contract extension with Petronas
Business & Finance

IPC agrees production sharing contract extension with Petronas

International Petroleum Corporation (IPC) has signed a letter of agreement with Petronas for the extension of the Block PM 307 Production Sharing Contract (PSC) covering the Bertam Field offshore Peninsular Malaysia. IPC Malaysia is the operator and holds a 90 per cent participating interest and IPC

about 3 years ago
Waves4Power's WaveEL wave energy device (Photograph courtesy of Waves4Power AB, Sweden)
Business & Finance

Swedish company eyes funding as it targets global wave energy opportunities

Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.

about 3 years ago
Ports of Rotterdam and Sines agree on hydrogen imports
Business & Finance

Ports of Rotterdam and Sines agree on hydrogen imports

ENGIE, Shell, Vopak and Anthony Veder have agreed to develop a green hydrogen logistic maritime corridor connecting the ports of Sines in Portugal and Rotterdam in the Netherlands. The project named H2Sines.RDAM aims to produce green hydrogen on a unit located in Sines, convert it to liquefied hydro

about 3 years ago
New Petrobras' FPSO begins production
Business & Finance

New Petrobras’ FPSO begins production

Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected start of production in 2023. The P-71 platform vessel started production on Wednesday, 21 December. It is installed in the Itapu field in the

about 3 years ago
OMV and partners to invest €872 million in new Norwegian gas field
Business & Finance

Norwegians to invest €872 million in new gas field

OMV Norge and its partners have submitted the plan for development and operation (PDO) for the Berling gas field, previously known as Iris Hades, to Norway’s Ministry of Petroleum and Energy. The Berling field, which stretches across three licenses with aligned ownership interests (PL644, PL644B and

about 3 years ago
EC approves €40 billion German measures to recapitalise two energy companies in context of Russia’s war against Ukraine
Business & Finance

EC approves €40 billion German measures to recapitalise two energy companies in context of Russia’s war against Ukraine

European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government

about 3 years ago
Malaysia next on schedule for DOF Subsea
Business & Finance

Malaysia next on schedule for DOF Subsea

DOF Subsea Asia Pacific has secured a contract to provide construction support for riser and spool installation including air and saturation diving for a brownfield expansion project in Malaysia. The award includes project management, engineering, procurement, transportation and installation servic

about 3 years ago
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