Business & Finance
Höegh LNG cleared for merger with Höegh LNG Partners
Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the
Shell books semi-sub rig for P&A ops on two North Sea fields
Oil major Shell has secured a semi-submersible rig for plug and abandonment operations on two of its fields located offshore Norway.
Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path
The UK’s National Oceanography Centre (NOC) has kicked off research on end-of-life oil fields in the North Sea using the robot submarine Boaty McBoatface with the aim of helping monitor and protect the marine environment and support industry transition towards net-zero targets. The Autosub Long-Rang
Norway: Oil production grows in August but gas output falls
Norway recorded lower gas production in August 2022 compared to the figures from July 2022 while the oil output is higher than last month.
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.
New Dutch donation to bridge funding gap for UN’s salvage ops in Red Sea
With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.
German government takes control of Uniper to secure energy supply
The German government has signed an agreement in principle with energy companies Fortum and Uniper for a long-term solution that will allow the German State to take full control of Uniper and secure energy supply in the country. The parties have agreed on an amendment to the package of measures anno
Chevron and partners prepare investment for Aphrodite gas field as Cyprus and Israel push for swift resolution of reservoir dispute
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Aramco CEO calls for investments in oil & gas and ‘more credible’ energy transition plan
Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.
Aker BP picks compatriot firm for oil spill monitoring system
Norway’s oil and gas company Aker BP has selected compatriot technology supplier Vissim to develop an expanded digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf. Vissim will develop a software solution that integrates input from a number of diff
Norwest Energy partners with Pilbara Clean Fuels on eLNG plant project in WA
Perth-based energy company Norwest Energy has reached an agreement to acquire a 20% equity interest in Pilbara Clean Fuels (PCF), a company formed to progress the development of clean fuels production opportunities at Port Hedland, Western Australia. PCF is progressing a development concept for a mi
Modus and Equinor ink first-ever resident subsea drone contract
UK’s Modus Subsea Services has secured what is said to be the first-ever resident subsea drone contract with Equinor for the provision of subsea intervention drone missions at the Johan Sverdrup field offshore Norway. The scope covers underwater intervention drone operations for the Johan Sverdrup f
Renewables associations call for removal of Innovation Fund’s ‘administrative barrier’
Ocean Energy Europe, along with 10 other renewable energy industry bodies, has sent a joint letter to European Commission, arguing that the Innovation Fund’s third call must recognize the full decarbonization potential of renewables.
McDermott gets its first subsea project in Angola
McDermott International has been awarded a contract by TotalEnergies for work on its Begonia project in Angola.