Business & Finance
World’s largest offshore wind farm first to use low-carbon copper for HVDC cables
NKT is set to produce the HVDC power cables for the Dogger Bank C offshore wind project using low-carbon copper, representing the world’s first. The initiative is expected to reduce the carbon footprint of the cables by more than 35 per cent. The low-carbon copper cathodes are sourced from the Bolid
Fresh gas discovery off Malaysia
Abu Dhabi-headquartered Mubadala Energy (former Mubadala Petroleum) has made a new gas discovery in Block SK 320 offshore Malaysia.
PXGEO 2 arrives in North Sea after Egypt assignment
Seismic vessel PXGEO 2 has begun a 3D project in the North Sea following the completion of an eight-month assignment offshore Egypt. PXGEO 2 is operating on a high-resolution 3D project in the North Sea, which came after the completion of a towed streamer project for TGS in the Egyptian Red Sea. On
UK decom specialist scoops up cross-border campaign for over 20 wells in North Sea
Neptune Energy has hired Well-Safe Solutions to undertake a decommissioning campaign in the Dutch and UK sectors of the North Sea.
Stena rig days away from spudding North Sea well in search of more hydrocarbons
UK-headquartered i3 Energy is gearing up to start drilling an appraisal well this week in the North Sea with a Stena Drilling-owned rig.
More North Sea work for Deepsea Yantai rig
OMV Norge has contracted the Deepsea Yantai semi-submersible rig for drilling operations in the North Sea.
Jack-up rig kicks off Black Sea drilling campaign
Following delays, Trillion Energy has started its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea offshore Türkiye.
TotalEnergies and partners to invest over $700 million to develop the world’s southernmost gas project
TotalEnergies has approved the final investment decision for the Fenix gas development, located off the coast of southern Argentina.
Siem Helix 2 stays with Petrobras for another two years
Helix Energy Solutions has secured another extension of its well intervention charter and services contracts with Petrobras for the well intervention vessel Siem Helix 2. The two-year extension directly follows Helix’s current contracts with Petrobras and is scheduled to conclude in December 2024. T
BP’s new FPSO drifts away from quayside as typhoon passes through shipyard
BP’s Tortue FPSO drifted off the quayside while at a shipyard in Qidong, China following an impact of Typhoon Muifa last week.
Contractor picked to recycle Tyra jackets over coming weeks
Modern American Recycling Services Europe (M.A.R.S.) has been tasked with the recycling of two jackets for the Tyra redevelopment project.
GTT takes minority stake in Norwegian startup
French LNG containment specialist GTT has taken a minority stake in the Norwegian technology start-up Tunable, specialised in multi-gas and emissions analyser.
Marine surveys full steam ahead at second Malta-Italy link
Fugro has completed the geophysical analysis of the proposed seabed route of the second Malta-Italy interconnector. The activities, completed last week, took place between Baħar iċ-Ċagħaq, Malta, and Ragusa, Sicily, and were executed on board the 60-meter survey vessel Urbano Monti. This preliminary
Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.