Business & Finance
Fresh five-year deal for Craig International in UK
Craig International has won a long-term deal in the UK sector of the North Sea with Ineos FPS, potentially valued at over £20 million.
Norwegian petroleum regulator’s director general steps down to join private sector
The Norwegian Petroleum Directorate (NPD) has revealed that its director general has tendered her resignation, effective immediately.
In focus: More green hydrogen projects gaining ground
Green hydrogen, often seen as a critical enabler of the global transition to sustainable energy and net zero emissions economies, continues to be a major subject of interest for the industry players worldwide. The recent surge in activity in the market is opening the door for new developments with o
Norway to endure as exploration hotspot in spite of area’s maturity and recent global events, says Westwood
Even though the NCS is one of the mature areas, Westwood expects that exploration activity will continue to thrive in Norway.
New addition for Shelf Drilling’s fleet as India’s Aban offloads another rig
UAE’s Shelf Drilling has inked a deal with India’s Aban Offshore to buy one of the latter’s jack-up drilling rigs.
UK offshore wind pioneer buys two subsea services providers
UK offshore wind pioneer Venterra Group is acquiring two compatriot companies as part of its goal to build a service offering across the wind farm lifecycle, including engineer, build and support services. Venterra revealed it is buying Balltec, a provider of high-integrity connectors for subsea and
First of three sustainable shuttle tankers chartered by Petrobras arrives in Brazil
Petrobras has welcomed the first of three ordered Suezmax DP2 shuttle tankers, while the other two are expected to arrive by the end of 2022.
McDermott christens ultra-deepwater J-Lay vessel
McDermott has held the christening ceremony for its newly converted Amazon vessel in the Port of Rotterdam, the Netherlands.
As O&G share of MMO market goes down, renewables and low-carbon to take increasingly large slice of pie – Rystad
The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.
Equinor mulls options for building floating offshore wind farm to supply renewable power to North Sea fields
Equinor and its partners in the Troll and Oseberg offshore fields are looking into options for building a floating offshore wind farm.
SeaQurrent looking to strengthen TidalKite team
Dutch tidal energy company SeaQurrent is looking to strengthen its team in order to help develop and market its TidalKite technology.
Wärtsilä moves forward with smart port ecosystem vision
Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has decided to acquire PortLink Global, a Canada-based port solutions company.
C-Zero raises $34M to build pilot natural gas decarbonisation plant
C-Zero Inc., a California-based clean energy company that has developed a technology for natural gas decarbonization, has closed a $34 million dollar financing round led by SK Gas, a subsidiary of South Korea’s second-largest conglomerate, the SK Group.
Shell’s floater rig of the year award goes to Maersk drillship
One of Maersk Drilling’s drillships has been named floater rig of the year by Shell thanks to a drilling campaign in Brunei.