Business & Finance
Carbon Transition completes sale of its seismic node-on-a-rope business
Norwegian survey services provider Magseis Fairfield has completed the purchase of Carbon Transition’s seismic node-on-a-rope business. The compatriot companies informed that all closing conditions to the agreement have been satisfied and the transaction has been completed. By purchasing Carbon Tran
Shell produces first gas from Colibri project off Trinidad and Tobago
Oil major Shell has started production on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
What is the meaning of licence extension for controversial Cambo project in UK?
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
More time and deliberation needed to finalise Keppel O&M and SembMarine merger talks
More time and deliberation are needed to reach the final merger agreement between Keppel O&M and Sembcorp Marine.
Green light for North Sea development with first oil expected this year
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.
Eneco and OCI join NortH2 offshore wind-to-hydrogen consortium
Energy company Eneco and OCI N.V., a global producer and distributor of hydrogen-based products, have joined the NortH2 green hydrogen consortium as collaborative partners. Eneco is joining the NortH2 consortium of Equinor, RWE, Shell, and Gasunie as an investment partner. Groningen Seaports is a su
Chariot encouraged by increase in net gas pay and excellent quality dry gas off Morocco
Post-well analysis of Chariot’s gas discovery offshore Morocco has confirmed excellent quality dry gas and an increase in net gas pay.
French tidal energy developer embarks on €2M fundraising campaign
French tidal energy company EEL Energy has launched a fundraising campaign, targeting €2 million to further advance its tidal energy technology whose design was inspired by bio-mimicry.
Prosafe on the lookout for deputy CEO & CFO
Prosafe is in the process of looking for a new DCEO and CFO, as the current one will be stepping down from the role in four months.
Empyrean hopes for short wait as bad weather hinders rig mobilisation off China
Empyrean is anticipating a short wait until the start of drilling off China after rig mobilisation was hindered again due to bad weather.
Remøy vessel secures more time with Equinor through new gig
Equinor has chartered one of Remøy Shipping’s PSVs, featuring a hybrid-electric system and shore power, boosting its decarbonisation efforts.
Sparrows bags crane operations and maintenance deal off Angola
Sparrows Group has secured a long-term contract for offshore crane operations and maintenance in Angola with an undisclosed company.
Shell appeals against Dutch ruling, highlighting need for balance in addressing climate change and security of supply
Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.”
Netherlands: Three projects to share €300K to advance offshore floating solar sector
Three project consortia – involving technology developers Oceans of Energy and SolarDuck – have been selected to receive €100,000 each to further advance offshore floating solar industry in the Netherlands.