
The Norwegian Petroleum Directorate (NPD) has granted Swedish oil firm Lundin Energy a drilling permit for a well in the North Sea.

INPEX Corporation, Japan’s largest exploration and production company, has signed a sales and purchase agreement with the United Arab Emirates-based oil company Abu Dhabi National Oil Company (ADNOC) concerning the application of clean ammonia for a demonstration supply chain linking the UAE and Jap

Oilfield services company Wood believes there will be continued growth in the carbon capture utilization and storage market worth $500 million in potential medium-term CCUS projects.

Bermuda-based ship owning and chartering company SFL Corporation Ltd. has ordered two additional dual-fuel car carriers.

Odfjell Oceanwind has secured a pre-project grant from Enova, Norway’s fund for climate and energy technologies, to mature its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for the electrification of oil and gas installations. The grant is awarded under Enova’s full-

Offshore drilling contractor Valaris has been awarded two one-well contracts for one of its drillships by oil major Shell.

Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.

BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.

Consortium members have agreed to back Phase 2 of the Greensand carbon capture and storage (CCS) pilot project, in support of Denmark’s ambitious 70 per cent CO2 reduction targets by 2030.

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has created a strategic partnership with Roll Group to strengthen its turnkey integrated logistics offering.

UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.

Germany’s Port of Kiel is increasing its own production of climate-friendly solar energy as it equipped its cruise terminal Ostseekai with photovoltaic modules.

Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.

Italian oil major Eni has started production of the Cuica field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo FPSO vessel.