Business & Finance
Norway’s oil & gas output slightly higher in October
Even though Norway saw a slight increase in oil & gas production in October compared to September, this is still below the NPD’s predictions.
WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying work wraps up
Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.
Qatar and China sign 27-year LNG supply deal
QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China. The contracted LNG volumes will be supplied from QatarEnergy’s North Filed East (N
More work for Shelf Drilling’s jack-up rig in Angola
Shelf Drilling has secured a contract extension for one of its jack-up rigs, which will continue carrying out operations in Angola.
Brittany companies to showcase offshore wind prowess at Offshore Energy 22
Companies from the French region of Brittany (Bretagne) will be present at the Offshore Energy Exhibition & Conference in Amsterdam on 29 and 30 November to highlight their expertise and the region’s ports’ strategic position close to several fixed-bottom and floating offshore wind projects. Bretagn
Investigation launches into fire at Åsgard B
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire that broke out in a transformer at the Åsgard B platform in the Norwegian North Sea. The fire, which was reported in the transformer room on 14 November, was extinguished but produced smoke and led to a production
Magseis appointed for North Sea CCS job
Magseis Fairfield has secured a contract to carry out data acquisition for a carbon capture and storage (CCS) monitoring project in the North Sea. The contract was awarded to the company’s wholly-owned subsidiary Magseis Renewables. Data acquisition is set to commence by the end of this year and wil
Ballard installs fuel cells onboard world’s 1st hydrogen-powered ferry
Canadian fuel cell supplier Ballard Power Systems has installed two 200 kilowatt (kW) fuel cell modules onboard the Hydra ferry, operated by Norwegian company Norled. The installation of proton exchange membrane (PEM) fuel cells comes ahead of the vessel’s first sea trial scheduled for December this
PetroNor renews license offshore Gambia under amended terms
Oil and gas exploration and production company PetroNor has decided to exercise its right to continue with the petroleum, exploration, development and production license agreement (PEPLA) for the A4 license in The Gambia. In mid-October, PetroNor announced that it had received a 30-day extension to
Shipping sector: EU ETS must adopt life-cycle approach on green fuels
Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter
Ocean Harvesting scores €2 million grant for wave energy device validation
Swedish company Ocean Harvesting Technologies has secured grant funding from the Swedish Energy Agency to perform sea trials of its InfinityWEC wave energy device.
Three brand new jack-up rigs to join UAE drilling giant’s fleet
UAE-based ADNOC Drilling has inked a deal to acquire three new jack-up drilling rigs, as part of its fleet expansion strategy.
Another Norwegian contractor gets more work on Johan Sverdrup
Aibel has secured an extension for maintenance and modification (M&M) work on the Johan Sverdrup field in the North Sea off Norway.
Green tech start-ups claim the prizes at Singapore’s Smart Port Challenge 2022
Three start-ups focusing on green technology have won the first three prizes at this year’s Smart Port Challenge, launched by the Maritime and Port Authority of Singapore (MPA) and the National University of Singapore (NUS). The first, second, and third-place winners under Port Innovation Ecosystem