Business & Finance
Activists block Russian gas from being unloaded in Sweden, calling on govt to ‘impose an immediate import stop’
Activists have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Sweden.
Belgian offshore wind transmission specialist joins New Jersey project
NextEra Energy Transmission MidAtlantic (NEETMA), a subsidiary of NextEra Energy Transmission, and WindGrid, a subsidiary of Elia Group, have signed a Memorandum of Understanding (MoU) on cooperation on a New Jersey offshore wind transmission project. Under the MoU, the companies will work together
UK sets out plans to ramp up oil & gas production and unveils energy price freeze
To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.
Ohmium inks 343MW green hydrogen deal for ammonia production in Mexico
PEM electrolyzers manufacturer Ohmium International has signed an agreement to provide 343 MW of green hydrogen electrolyzer to Tarafert, the developer of large-scale urea fertilizer and green ammonia production facility in Mexico. Under the agreement, Ohmium will deliver electrolyzer over three tra
Saipem and Worley join initiative for curbing methane footprint from oil & gas industry
Saipem and Worley have backed an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
New Gulf of Mexico deal for U.S. firm
Houston-based Gulf Island Fabrication has secured a new contract for an undisclosed project located in the Gulf of Mexico.
Chevron New Energies and Crowley to fund hydrogen technology company
Chevron New Energies, Chevron’s unit focussing on low-carbon fuels and Crowley, US-based shipping and logistics company, will be funding hydrogen technology company Zero Emission Industries (ZEI) after the first close of its Series A funding round. ZEI, formerly Golden Gate Zero Emission Marine, was
Aker BP all set to deploy AKOFS vessel for well intervention work off Norway
Aker BP has received consent from Norway’s regulator to use one of AKOFS Offshore’s well intervention vessels on a field in the Norwegian Sea.
WATCH: North Sea platform removal by Allseas’ Pioneering Spirit
Earlier this summer, Allseas’ Pioneering Spirit completed the decommissioning of Repsol Norge’s Gyda platform from the North Sea.
Argeo picks enterprise asset management solution for its AUVs
Argeo has signed an agreement with Prevas for an Enterprise Asset Management (EAM) solution that will support the advanced operation of its autonomous underwater vehicles (AUVs). The two parties signed the agreement in April for the implementation of a Proof-of-Concept (PoC) based on the HxGN EAM (f
Ports of Stockholm to invest in hydrogen
Ports of Stockholm is investing in hydrogen and is kicking off a hydrogen fuelling station procurement for Stockholm Norvik Port.
Rystad: Oil & gas exploration on the decline with global awarded acreage near all-time lows
Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
Energean weeks away from delivering first gas from Karish
Energean is on track to deliver the first gas from the Karish gas project located offshore Israel within weeks.
New contracts bring Reach Subsea €20 million
Reach Subsea has secured new contracts amounting to over NOK 200 million (around €20 million) in total, including an “important strategic” contract in Brazil. According to the Norwegian company, the contract in Brazil is the first result of a strategic partnership with a Brazilian offshore company.