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Business & Finance

Fugro and Magseis Fairfield set up renewables and carbon capture collab
Business & Finance

Fugro and Magseis Fairfield set up renewables and carbon capture collab

Norway’s Magseis Fairfield and the Dutch Fugro have signed a global cooperation agreement to work on project opportunities including wide area 3D ultra high-resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. The companies said they will jointly purs

about 4 years ago
UK’s new PM urged to tackle ‘challenges of fuelling the future’
Business & Finance

UK’s new PM urged to tackle ‘challenges of fuelling the future’

The UK’s new PM urged to strengthen energy security and scale up the transition to low-carbon and clean energy.

about 4 years ago
Shipbuilder lands four-vessel order for fast crew boats with Malaysian operator
Business & Finance

Shipbuilder lands four-vessel order for fast crew boats with Malaysian operator

Strategic Marine has won a four-vessel order for 40 m offshore fast crew boats (FCBs) from Malaysia’s Surya Nautika.

about 4 years ago
More time in Nigeria for Yinson FPSO
Business & Finance

More time in Nigeria for Yinson’s FPSO

Yinson has secured a short-term contract extension for an FPSO, which is carrying out operations in Nigeria for Addax Petroleum.

about 4 years ago
Port of Immingham
Business & Finance

Port of Immingham to get CO₂ import terminal

The Associated British Ports (ABP) has entered into an exclusive commercial relationship with Edinburgh–based oil and gas company Harbour Energy to develop a CO₂ import terminal at the Port of Immingham, the UK’s largest port by tonnage. The terminal will provide a large-scale facility to connect CO

about 4 years ago

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Oilfield services giant rebranding in pursuit of decarbonization targets
Business & Finance

Oilfield services giant rebranding in pursuit of decarbonization targets

Schlumberger is rebranding and changing its name to SLB to pursue a new identity that will represent the transformation from a giant oilfield services provider to a technology company focused on energy innovation and decarbonization. Schlumberger announced that nearly all of its affiliated brands wi

about 4 years ago
Following probe into lifting incident on rig, Odfjell tasked with addressing nonconformities
Business & Finance

Following probe into lifting incident on rig, Odfjell tasked with addressing nonconformities

Safety regulator has finished investigating a lifting incident on one of Odfjell Drilling’s rigs, currently working for Equinor off Norway.

about 4 years ago
Former ESB chief joins new UK interconnector project
Business & Finance

Former ESB chief joins Ireland-Great Britain interconnector project

MaresConnect Limited, the company behind the interconnector that will link the power markets of Ireland and Great Britain, has appointed former chief executive of ESB Pat O’Doherty as chairman and non-executive director of its board. MaresConnect Interconnector will comprise a cable route of approxi

about 4 years ago
North Sea Link begins regular operations
Business & Finance

North Sea Link begins regular operations

The 1,400 MW North Sea Link (NSL) interconnector that links the UK and Norway has paid off its carbon cost of construction after operating for six months, said the UK National Grid, which operates the project together with the Norwegian Statnett. This first power interconnector between Norway and th

about 4 years ago
Equinor reveals document shedding more light on development of Barents Sea project
Business & Finance

Equinor reveals document shedding more light on Barents Sea project development

Equinor has decided to issue a complementary assessment for the development and operation of a field located in the Barents Sea off Norway.

about 4 years ago

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PGS taking Ramform Titan offshore Namibia
Business & Finance

PGS taking Ramform Titan offshore Namibia

Norway’s PGS is set to mobilize the seismic vessel Ramform Titan for a new 3D exploration acquisition project offshore Namibia. PGS did not reveal any details about the project but did state that it had secured the contract with a “major energy company”. Ramform Titan will mobilize for the survey an

about 4 years ago
Blackford Dolphin - Dolphin Drilling
Business & Finance

Dolphin rig heading to Las Palmas to prepare for contract in Nigeria

Dolphin Drilling’s Blackford Dolphin rig is heading to Las Palmas, Spain where it will be prepared for its upcoming contract in Nigeria.

about 4 years ago
Somalia ‘open for business’ as U.S. player gets the all-clear to move forward with offshore oil & gas exploration
Business & Finance

Somalia ‘open for business’ as U.S. player gets the all-clear for offshore oil & gas exploration

The U.S.-based Coastline Exploration has received the go-ahead to move forward with its hydrocarbon exploration programme off Somalia.

about 4 years ago
MSC to buy Italian towage operator Rimorchiatori Mediterranei
Business & Finance

MSC to buy Italian towage operator Rimorchiatori Mediterranei

Swiss shipping giant Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei.

about 4 years ago