Business & Finance

EnerMech takes on ‘major’ UK CCS gig but keeps project details under wraps

EnerMech has revealed a new carbon capture and storage (CCS) job in the UK, though project details and the operator remain undisclosed.

Over 500 piles lay the foundation for Poland’s floating LNG terminal (Gallery)

Poland has hit a new milestone in its energy independence journey, completing the foundational piling for the new FSRU terminal in Gdańsk.

Norway set on tapping into Arctic gas potential: New study to unlock 1988 Barents Sea discovery

Norway is targeting untapped Arctic energy by commissioning a new study to shed more light on the 1988 gas discovery in the Barents Sea.

North Sea gas field cleared for take-off: UK greenlights Jackdaw after legal storms

The UK regulator has given Shell-backed Adura the go-ahead for a North Sea gas field following a courtroom showdown with environmental campaigners.

EU backs cross-border CO2 transport and storage project with €223 million

UK’s first HVDC subsea cable factory opens in Scotland

EU grant to cover 60% of investment for 10 MW tidal kite array in Ireland

Jack-up changes hands as Ocean Oilfield enriches its drilling fleet with Noble’s rig

Ocean Oilfield has wrapped up the acquisition of a rig, which is now docked in Malta and ready for immediate global deployment.

Nordic energy players hit paydirt with new gas and condensate discovery

Vår Energi and Equinor have struck gas and condensate in Norwegian waters, packing up to 5.5 million barrels.

Ithaca Energy seeking new CEO as current announces retirement

Seadrill hit with $55 million bill after appeals court upholds rig breach ruling

SFL Corporation has won a legal battle, with Norway's appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.