Business & Finance
PGNiG takes more regas capacity at Polish LNG terminal
Poland’s state-owned gas company PGNiG has secured additional regasification capacity at the country’s sole liquefied natural gas terminal in the port of Swinoujscie. The company said in a statement it booked 8.3 billion cubic meters of regasification capacity at the LNG terminal from 2024 to 2040.
Saipem to support Equinor’s energy transition journey through new engineering deal
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
OOS International’s newbuild SSCV awaits sea trials
OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.
Germans appealing for 2 GW offshore wind tender
Germany’s WAB, Greenpeace Energy and H2BX are calling for the special 2 GW offshore wind tender to be implemented quickly and that areas be put out to tender before the end of the year. In a letter to German Chancellor Angela Merkel and Federal Minister of Economics Peter Altmaier, the parties claim
Poland receives another LNG shipment
Poland’s sole liquefied natural gas facility in Swinoujscie has received another shipment of LNG as the country is looking to further boost imports of the fuel. The arrival of Nakilat’s 217,000-cbm Q-Flex LNG carrier Al Gattara on Thursday marks the 95th delivery to the Swinoujscie facility on the B
PensionDanmark, PFA and SEAS-NVE ready to finance VindØ energy island
A consortium comprising PensionDanmark, PFA and SEAS-NVE said it was ready to finance the VindØ energy island in the North Sea. The consortium would initially contribute with up to DKK 400 million (EUR 53.6 million) to develop the project. Copenhagen Infrastructure Partners, an investment company be
Subsea Innovation bags Pipe-In-Pipe Waterstop deals
Subsea Innovation has won multiple contracts across the offshore oil and gas sector to supply Pipe-In-Pipe Waterstop SISeals. Specifically, over the past six months, Tekmar company landed four contracts to supply SIStop Waterstop Seals to two offshore contractors. Two of the contracts will also incl
Hurricane suspends output guidance after Lancaster well shut-in
Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.
Russia to Put New Dredgers into Operation
The average age of dredging fleet in Russia is 36 years and the country urgently needs to put new dredgers into operation, Gennady Egorov, director of the St. Petersburg-based Marine Engineering Bureau, said in a recent statement. “As of today, the Russian technical fleet consists of 2,700 vessels.
Royal IHC Receives Order for Innovative CT Cutter Heads
Royal IHC has received an order for one of their new CT cutter heads with its innovative teeth technology. This 70CT cutter head is a heavy and robust piece of equipment with a total weight of almost 30 ton and is perfectly suitable for the hard soil that it will be applied in. Unique about [&hellip
Archer firms up North Sea job with TAQA
Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.
Noble Corp. CEO transitions to executive chairman role
CEO of Noble Corporation has transitioned to the role of executive chairman of the board while a new CEO has been named.
Green Light for Rochdale Flood Defense Scheme
The first phase of a £46 million flood defense scheme in Rochdale and Littleborough has been given the green light by Rochdale Borough Council’s Planning Department. Led by the Environment Agency in partnership with Rochdale Council, the new scheme features a range of measures to reduce the risk of