Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually…
U.S. engineering firm Schlumberger and Norway's Aker Solutions plan to merge their subsea oil and gas construction business and to bring in a third rival, Oslo-listed Subsea 7, as a partner, the firms said on Tuesday.Aker Solutions will receive…
Woodside Energy Group is in talks with 'high quality' companies looking to buy a stake in its $5.7 billion Scarborough gas project, but won't sell unless it gets the right price, Chief Executive Meg O'Neill said on Tuesday.The company has been…
Seismic data companies CGG, PGS, and TGS, which last year launched Versal, a unified seismic data ecosystem giving access to 'three of the world’s largest multi-client libraries via a single log-in,' said Monday that Schlumberger had become a part of Versal…
Maritime classification society The American Bureau of Shipping (ABS) on Monday launched detailed requirements for greener offshore operations in what it said was the first sustainability guide to target the offshore industry.'Developed by working with major offshore industry clients…
Subsea services and technology firm Oceaneering will use the Inspection Data Management Software (IDMS) platform provided by Austin-based software firm HUVRdata (HUVR) to enhance its current Integrity Management offerings. 'The arrangement…
Aker BP plans to drill up to 15 exploration wells next year, including in the Arctic Barents Sea, Aker BP Chief Executive Karl Johnny Hersvik said on Monday.'Our plan is to drill somewhere in the range of 12-15 wells and I'm assuming we will have the same level going forward…
Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…
Vestdavit said Monday it had secured a contract to deliver its docking-head davit technology on a construction service operation vessel (CSOV) being built for Rem Offshore by Norwegian shipbuilding group VARD.The order for a PAP-15000 davit…
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture founded by oil firms Equinor…
Malaysia's Handal Energy said that its Handal Cranes subsidiary had received two letters of award from Petronas Carigali (“PCSB”).The LOAs are in relation to the companies' master service agreement for lifting equipment operation and maintenance services…
Norwegian oil and gas company Aker BP ASA has drilled a dry well in the production licence 941 in the Norwegian sea, the Norwegian Petroleum Directorate has informedThe exploration well 6507/3-16 was drilled about 12 km northeast of the Skarv…
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertilizer maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture…
Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…
A Texas oil company agreed to plead guilty to criminal negligence charges and pay nearly $13 million for a crude oil spill that killed wildlife and fouled southern California beaches, federal prosecutors said on Friday. Amplify Energy Corp repeatedly…
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