Business & Finance
Maersk books six more methanol-fuelled boxships at HHI
Danish shipping giant A.P. Moller – Maersk has ordered an additional six large ocean-going vessels that can sail on green methanol. The six vessels will be built by South Korean shipbuilder Hyundai Heavy Industries (HHI) and have a nominal capacity of approx. 17,000 TEU. They come with dual-fuel eng
TES and Fortescue want to develop ‘world’s largest’ green hydrogen project
Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have joined forces to develop the ‘world’s largest’ green hydrogen integrated project to help Europe mitigate its current energy and climate crisis. The first phase of the partnership will see joint development and investment in the s
Offshore drilling workers in UK set for strike action over pay terms
UK’s Unite the union has confirmed that over 300 offshore drilling and contract maintenance workers have backed strike action.
Canadian operator charters jack-up rig for Gulf of Thailand campaign
Valeura Energy has agreed with Petrovietnam Drilling and Well Service to charter a jack-up drilling rig to support its Gulf of Thailand operations.
Wintershall Dea and CapeOmega selected for CO2 storage permit off Norway
Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje
Western Australia’s oil & gas support ‘record resources sales’ & headcount increase
APPEA believes that Western Australia’s Mineral and Petroleum Review 2021-22 highlights the importance of the oil and gas industry.
New rig inspection deal for ADC Energy with Petronas
ADC Energy has secured a long-term contract for the provision of rig integrity and inspection services with Petronas.
Dolphin Drilling confirms rig contract in Nigeria
Dolphin Drilling has confirmed the award of a 12-month contract for Blackford Dolphin by General Hydrocarbons Limited (GHL) in Nigeria.
Santos and JBIC team up to promote energy security and clean fuel goals
Australian energy company Santos has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to promote the securing of stable energy and the progression of decarbonisation goals. According to Santos’ managing director and CEO Kevin Gallagher, the MoU buil
Ex-JDR CEO takes the helm at Geoquip Marine
Offshore geotechnical data acquisition, analysis and reporting specialist Geoquip Marine has appointed ex-president and CEO of JDR Cable Systems Richard Turner as its new chief executive officer (CEO), succeeding Stewart Higginson. Stewart Higginson, former CEO, is moving to the role of executive ch
As supply crunch hits Europe, Trillion bankrolled for natural gas production ramp-up
Trillion Energy is hoping to alleviate the gas supply crunch by scaling up natural gas production in Q4 2022.
MODEC and Aibel hand out deals for ‘one of the largest FPSOs ever delivered to Brazil’
MODEC and Aibel have picked Axess Group for work on an FPSO bound for an Equinor-operated field off Brazil.
Lamprell cheers key milestone on second jack-up for Saudi yard
Lamprell and International Maritime Industries (IMI) have announced the completion of the load-out and float-off of the second jack-up rig being constructed for IMI.
With UK’s next licensing round around the corner, activists demand a stop to new oil & gas
As the UK gets ready for an oil & gas licensing round, activists have devised roadblocks, demanding a halt to new fossil fuel projects.