
Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business have launched and named ‘the first’ European-built offshore CO2 carrier to enable carbon capture storage across Europe.

Italian utility company Edison has welcomed its first liquefied natural gas (LNG) shipment hailing from the export facility in Cameron Parish, Louisiana, operated by U.S.-based LNG export project developer Venture Global.

UK regulator the North Sea Transition Authority (NSTA) has called on interested parties to submit their proposals for potential carbon storage locations in the North Sea.

Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2

Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven.

Equinor Low Carbon Solutions, a subsidiary of Norway’s state-owned energy giant Equinor, has drilled two appraisal wells in the Norwegian sector of the North Sea, which are said to possess suitable properties for the injection and storage of carbon dioxide (CO2).

Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.

Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.

Norway-based cleantech service provider Soiltech has won contracts with OMV Norge, a compatriot subsidiary of Austria-headquartered oil and gas player OMV, and Northern Ocean Wind for drilling waste management on a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.

Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.

Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.

Allseas is putting an offshore pipeline in place for a development that aims to become the first offshore CO2 transport and storage project in the European Union (EU).

Norway’s industrial investment company Aker has inked two strategic agreements, one referring to the purchase of a share its subsidiary Aker Carbon Capture (ACC) holds in its joint venture with SLB, and the other to a merger with its green energy-focused affiliate Aker Horizons.