Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris. The CO2 exploration licence EXL003, with the project name Polaris Licence, is currently fully controlled by Horisont Energi…
Singapore-based shipbuilder Strategic Marine has signed a contract with South Korea’s Yeosu Ocean for the construction of a StratCat 27 crew transfer vessel (CTV) for the country’s growing offshore wind market.Designed by Strategic Marine’s partner BMT…
Norwegian shipowner Rem Offshore has hired Norwegian Electric Systems (NES) to deliver a deck-based battery energy storage system to its Rem Inspector construction support vessel (CSV). NES, specializing in sustainable energy design and smart control systems for vessels…
U.S.-based oilfield services provider Expro has completed a five-well subsea job in Australia, marking also a milestone in using its SeaCure cementing technology.Expro completed the 100th SeaCure as part of a project in Australia consisting of a five-well subsea batch campaign…
The Sleipner field center, along with the Gudrun platform and other associated fields - operated by Equinor - is now partly operating on power from shore in a decarbonization effort that will reduce annual emissions from the Norwegian continental shelf (NCS) by 160…
Maersk’s offshore vessel-charging venture Stillstrom has launched a collaborative study with EnBW and BP, the developers of the Morgan and Mona offshore wind farms, to assess the viability of integrating offshore charging solutions for service and crew transfer vessels for the two projects…
Norwegian Offshore Wind, a Norway-based representative offshore wind body, has signed two agreements in the Polish offshore wind market.At Baltexpo event, the Polish Offshore Wind Energy Society (PTMEW) signed a collaboration agreement with Norwegian Offshore Wind…
Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…
U.S. offshore vessel owner Hornbeck Offshore Services, best known for its offshore oil and gas support vessel services, is looking at business opportunities in the growing U.S. offshore wind sector as well as in offshore accommodation services in the oil and gas area…
U.S.-based ammonia power solutions company Amogy announced it is partnering with Norway's Southwind to explore joint opportunities in offshore wind.Southwind aims to establish Kristiansand as an operational base for offshore wind field developments and as a hub for a national competence center…
In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern…
Offshore accommodation company CBED has won a contract with Ørsted to provide its services for offshore wind farms Gode Wind 3 and Borkum Riffgrund 3 in Germany.After completing the current project on DanTysk and Sandbank offshore wind farms…
A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…
Scientists warn that climate change is the greatest peril that humankind has ever faced. Yet oil and gas exploration is set to clock the highest growth for more than a decade this year and next. Protesters cause disruption but, for the moment…
Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio.QatarEnergy, the world's largest producer of liquefied natural gas (LNG)…