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Business & Finance

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Fossil EnergyFPSO & VesselsOil & GasAuthorities & GovernmentBusiness Developments & ProjectsExploration & ProductionOperations & MaintenanceProject & TendersRegulation & PolicyRules & RegulationSafetyVesselsRigsClean FuelHydrogenOther FuelsCarbon Capture Usage & StorageTechnologyFiltration & SeparationGreen MarineCertification & ClassificationInnovationMarine EnergyTidal & Wave EnergyCollaborationMarket OutlooksOutlook & StrategyTransitionEnvironmentSubseaAmmoniaPorts & LogisticsLNGShipbuilding
Vår Energi to address nonconformity for its FPSO modification project
Business & Finance

Vår Energi to address nonconformity for its FPSO modification project

Norwegian regulator has carried out an audit of Vår Energi and its management of barriers and maintenance on an FPSO modification project.

about 3 years ago
Equinor all set to drill North Sea wildcat
Business & Finance

Equinor all set to drill North Sea wildcat

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Chevron leads investments in Svante’s carbon capture technology
Business & Finance

Chevron leads investments in Svante’s carbon capture technology

Carbon capture and removal solutions provider Svante has raised $318 million to accelerate the manufacturing of its carbon capture technology, with Chevron New Energies (CNE), Chevron USA’s unit focusing on low-carbon, being the lead investor in its Series E fundraising round. “We are advancing a fu

about 3 years ago
ABS
Business & Finance

ABS rolls out requirements for onboard carbon capture

American Bureau of Shipping has released a set of requirements to guide the industry in the application of carbon capture technology at sea. The rules have been developed working with shipyards, ship owners, and operators, and they focus on wet scrubbing post-combustion technologies. “Carbon capture

about 3 years ago
Equinor tasked with assessment of improvement points for North Sea platform
Business & Finance

Equinor tasked with assessment of improvement points for North Sea platform

Norwegian offshore safety regulator has carried out an audit at one of the Equinor-operated North Sea platforms.

about 3 years ago
Illustration/WaveEL wave energy system (Photograph courtesy of Waves4Power AB, Sweden)
Business & Finance

Waves4Power signs deal to develop wave energy parks offshore Indonesia

Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.

about 3 years ago
Beach Energy faces opposition over drilling plans off Taranaki
Business & Finance

Beach Energy faces opposition over drilling plans off Taranaki

Beach Energy has lodged consent applications with the Environmental Protection Authority (EPA) related to offshore drilling in Taranaki.

about 3 years ago
Strohm secures €15 million investment to support its TCP solutions
Business & Finance

Strohm secures €15 million investment to support its TCP solutions

Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100%

about 3 years ago
The AR1500 tidal turbine for the MeyGen project (Courtesy of SIMEC Atlantis)
Business & Finance

Scottish public bodies appoint financial advisor for MeyGen tidal energy project

Scotland’s national economic development agency Scottish Enterprise and its manager of land and sea assets Crown Estate Scotland have selected an Edinburgh-based consultancy to provide technical advice services for investments in the MeyGen tidal energy project.

about 3 years ago
Blue ammonia
Business & Finance

World’s 1st shipment of certified blue ammonia reaches Ulsan port

Seasurfer, an LPG carrier managed by Athens-based Thenamaris LNG, has arrived at the Port of Ulsan, South Korea with the shipment of what has been described as the ‘world’s first certified blue ammonia cargo’. The midsize gas carrier, built by Hyundai Mipo in 2017, loaded the cargo at King Fahad Ind

about 3 years ago
Giant North Sea oil field going full throttle as Phase 2 comes on stream
Business & Finance

Giant North Sea oil field going full throttle as Phase 2 comes on stream

Equinor has started production from the Johan Sverdrup Phase 2 project in the North Sea, ensuring that the entire field is now online.

about 3 years ago
LNG-powered Arvia delivered to P&O Cruises
Business & Finance

LNG-powered Arvia delivered to P&O Cruises

German shipbuilder Meyer Werft has handed over the LNG-fuelled cruise ship Arvia to the British shipping company P&O Cruises. Arvia is a sister ship of the Iona, built-in 2020. Both vessels have been described as ‘future proof’ as they will be able to run on carbon-neutral liquefied natural gas (eLN

about 3 years ago
Oil & gas players pursuing electrification in Norwegian Sea to curb emissions
Business & Finance

Oil & gas players pursuing electrification in Norwegian Sea to curb emissions

OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.

about 3 years ago
Saipem clinches deals worth $1.2 billion in Guyana and Egypt
Business & Finance

Saipem clinches deals worth $1.2 billion in Guyana and Egypt

Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.

about 3 years ago
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