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Business & Finance

Aker Solutions
Business & Finance

‘Norway’s largest renovation project’ now ready for decades of energy production

Aker Solutions has completed and delivered the drilling and production platform Njord A to Equinor following extensive upgrades.

about 4 years ago
MAN ES-DNV collab to speed up maritime decarbonisation, digitalisation
Business & Finance

MAN ES-DNV collab to speed up maritime decarbonisation, digitalisation

German engine maker MAN Energy Solutions (MAN ES) and classification society DNV have signed a memorandum of understanding (MoU) to collaborate on decarbonisation, digitalisation and hydrogen in the maritime industry.

about 4 years ago
Jones Bros secured main contract for Morlais tidal energy project (Courtesy of Menter Môn)
Business & Finance

Jones Bros secures €28.5 million contract for Morlais tidal onshore works

North Wales-based company Jones Bros Civil Engineering has secured the main contract worth €28.5 million to build onshore infrastructure for the Morlais tidal energy project offshore Anglesey.

about 4 years ago
Baker Hughes to enhance its life-of-well capabilities by buying well intervention solutions provider
Business & Finance

Baker Hughes to enhance life-of-well capabilities by buying well intervention specialist

Baker Hughes has inked a deal to acquire Altus Intervention to strengthen its technological life-of-well capabilities to optimise production.

about 4 years ago
Petrofac
Business & Finance

North Sea contract renewal for Petrofac

Oilfield services provider Petrofac has been awarded a two-year contract extension with Spirit Energy in the North Sea.

about 4 years ago

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Equinor adds more work to Odfjell rig’s backlog
Business & Finance

Equinor adds more work to Odfjell rig’s backlog

Equinor has decided to exercise its option for additional wells in Norway to be drilled by the Odfjell Drilling-owned Deepsea Stavanger rig.

about 4 years ago
boskalis
Business & Finance

Boskalis adds multipurpose CSV to boost offshore activities

Dutch dredging and maritime services provider Boskalis has acquired a multipurpose DP3 construction support vessel (CSV) to strengthen its activities in the offshore energy industry.

about 4 years ago
Morlais tidal energy zone (Courtesy of Welsh Government)
Business & Finance

Morlais tidal energy project bags over €37 million of EU funds

A major tidal energy project offshore Anglesey in Wales will benefit from €37.6 million of funding in what is likely to be the last large grant from the EU’s regional funding program for the scheme.

about 4 years ago
UK decom player boosts its board with two entrepreneurs to embark on further growth and expansion quest
Business & Finance

Two new members join UK decom player’s board to drive growth

Decom Engineering has beefed up its board with two new appointments to facilitate further growth and achieve its strategic expansion goals.

about 4 years ago
ExxonMobil used the Stena Forth drillship for Cyprus ops
Business & Finance

ExxonMobil’s Cyprus well confirms presence of high-quality gas – gallery

ExxonMobil has completed drilling operations on its Glaucus-2 appraisal well off Cyprus, confirming the presence of high-quality gas.

about 4 years ago

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Decommissioning site at Dales Voe Base, Lerwick, Shetland
Business & Finance

Wheels are in motion for Ninian Northern jacket decommissioning

Scotland’s Lerwick Harbour is to be the location of a decommissioning project following the award of a contract to Veolia/Peterson.

about 4 years ago
Dan-Unity, Victrol team up for CO2 one-stop shop
Business & Finance

Dan-Unity, Victrol team up for CO2 one-stop shop

Shipping companies Dan-Unity CO2 and Victrol are collaborating to offer end-to-end seaborn CO2 transportation by rivers and sea from mainland Northern Europe to utilisation and storage facilities.

about 4 years ago
A photo of a Shell logo at an offshore energy trade show
Business & Finance

Shell unveils massive offshore wind plans in Brazil

Shell has applied for environmental investigation licences for six offshore wind projects in Brazil with the country’s Institute for the Environment and Natural Resources (IBAMA). The six projects have a total installed capacity of 17 GW. The company submitted an Activity Characterisation Form (FCA)

about 4 years ago
Abu Dhabi-based Mubadala Petroleum
Business & Finance

Abu Dhabi player flows first gas from Malaysian field

Abu Dhabi-based Mubadala Petroleum has started first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.

about 4 years ago