Subsea 7 has entered into a long-term deal with Pipeline Technique (PTL) for the provision of welding and coating services.
After Greenpeace said that TotalEnergies’ emissions are four times higher than reported, the oil major has decided to pursue legal action.
Africa-focused energy company Chariot has entered into an agreement with the UK-based manufacturer of green hydrogen systems Oort Energy and Mohammed VI Polytechnic University to collaborate on green hydrogen pilot projects in Morocco. The parties agreed to utilise a polymer electrolyte membrane (PE
India’s energy company Bharat Petroleum Corporation (BPCL) has launched a tender looking for consultancy services for the development of floating solar projects in Kochi. BPCL is engaged in manufacturing a range of petroleum products through oil depots, installations, LPG bottling plants, etc., and
Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of globa
Danish shipping and logistics giant A.P. Moller – Maersk has signed a general protocol for collaboration with the Spanish government to explore the opportunities for large-scale green fuels production in Spain. The signing of the protocol was described as a significant milestone in the collaboration
Australia’s Fortescue Future Industries (FFI) and Italy’s Enel Green Power (EGP) are partnering up to explore the co-development of the green hydrogen value chain with an initial focus on Latin America and Australia. Through this collaboration, the companies aim to make green hydrogen cost-competiti
Transocean is expecting the demand for its rigs to remain high, leading to a further improvement in day rates and fleet utilisation.
Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway’s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase an
Norway’s Equinor and UK’s Centrica have signed a cooperation agreement to explore the development of a low-carbon hydrogen production hub at Easington in East Yorkshire, with the aim to strengthen the region’s status as the UK’s foremost hydrogen place. Under the agreement, the Centrica-operated are
Magseis Fairfield has reported a revenue of $99.3 million for the third quarter of 2022, up from $84.3 million in Q3 2021, despite technical downtime on a node handler and delayed start-up of a project. Revenue for the first three quarters of 2022 amounted to $277.9 million, compared to $185.9 milli
Sakhalin II liquefied natural gas (LNG) project in Russia has enough technical expertise to operate even without departed shareholder Shell, Reuters reported Mitsui & Co’s CEO Kenichi Hori as saying. Shell announced its plans to exit its 27.5% stake in the Sakhalin II LNG project, writing off an inv
Irish-based hydrokinetic developer GKinetic Energy has opened a €2 million funding round focused on ramping up its commercialization activities.
EthosEnergy is expanding its presence in the Middle East to respond to the growing rotating and oil and gas equipment market.
