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Business & Finance

Greenlink construction underway following financial close
Business & Finance

Greenlink construction underway following financial close

A financial close on the construction of the Greenlink, a 500 MW subsea and underground electricity interconnector that will link Ireland and Great Britain, has been reached.

about 4 years ago
oilfield services giants halt future investments and ops in Russia
Business & Finance

U.S. oilfield services giants suspend Russian operations

Three oilfield services providers have opted to suspend future investments and ops in Russia due to Russia’s attack on Ukraine.

about 4 years ago
Andy Samuel - OGA - North Sea Transition Authority
Business & Finance

UK oil & gas regulator rebrands to reflect role in energy transition

UK’s oil and gas regulator, the Oil and Gas Authority (OGA), has changed its name to reflect its evolving role in the energy transition.

about 4 years ago
FPSO Kwame Nkrumah - Tullow Oil - Ghana
Business & Finance

Tullow Oil bolsters position in Ghana fields

Tullow Oil has completed the pre-emption related to the sale of Occidental’s interests in Ghana fields to Kosmos Energy.

about 4 years ago
UK Hydrographic Office comes aboard global ocean floor mapping project
Business & Finance

UK Hydrographic Office comes aboard global ocean floor mapping project

The Nippon Foundation-GEBCO Seabed 2030 Project and the UK Hydrographic Office (UKHO) have signed a memorandum of understanding (MoU) to work on advancing the industry’s understanding of the ocean bathymetry.

about 4 years ago

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Aker BP wins regulator’s stamp of approval to use Hod B platform at North Sea field
Business & Finance

Aker BP wins regulator’s approval to use Hod B platform in North Sea

Norwegian offshore safety regulator has given Aker BP its consent to use the Hod B platform at a field in the North Sea off Norway.

about 4 years ago
Deepsea Yantai rig - Neptune
Business & Finance

Neptune finds hydrocarbons in North Sea well

Neptune Energy and its partners have encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.

about 4 years ago
Denmark seeks input on tender plan and executive order for geological storage of CO2 in North Sea
Business & Finance

Denmark asks for input on tender plan and executive order for CO2 storage in North Sea

The Danish Energy Agency has invited comments on a plan for tenders and an executive order for geological storage of CO2 in the North Sea.

about 4 years ago
U.S. offshore rig count climbs back up a notch
Business & Finance

U.S. offshore rig count goes up a notch

After slipping down to 11 units, the number of offshore rigs in the U.S. went back up to 12 units last week, based on rig count report.

about 4 years ago
In focus: Accelerating the energy transition
Business & Finance

In focus: Accelerating the energy transition

The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

about 4 years ago

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Stena Evolution drillship - Stena Drilling
Business & Finance

Stena Drilling preparing for Evolution: new ultra-deepwater drillship addition to its fleet

UK-based offshore drilling contractor Stena Drilling is preparing for the latest addition to its fleet of drilling rigs, the Stena Evolution.

about 4 years ago
Jackdaw field development - Shell
Business & Finance

Shell files revised plan for North Sea field development

Shell has released an amended environmental statement for a gas field in the UK North Sea, which the country’s regulators rejected last year.

about 4 years ago
Noble Bob Douglas drillship - Noble Maersk merger
Business & Finance

Eifler to lead new company’s management team after Noble-Maersk merger

Noble Corporation and Maersk Drilling are setting up a management team to run the new company following their merger completion.

about 4 years ago
Crondall Energy
Business & Finance

Crondall Energy nets £1M investment for growth ambitions

Offshore energy consultancy Crondall Energy has secured a £1 million (around $1.34 million) loan to expand its presence and client base supporting the offshore energy industry’s work towards the net-zero.

about 4 years ago