Eni finalizes acquisition of Neptune
United Kingdom – Eni has recently finalized the acquisition of Neptune Energy Group Limited, marking a significant milestone in the company’s strategic vision for the future of energy.
Continue ReadingUnited Kingdom – Eni has recently finalized the acquisition of Neptune Energy Group Limited, marking a significant milestone in the company’s strategic vision for the future of energy.
Continue ReadingNorway – On January 1, 2024 the Norwegian Petroleum Directorate transformed into the Norwegian Offshore Directorate. This rebranding not only signifies a change in nomenclature but, more importantly, heralds an expanded mission to shape the future of offshore energy endeavors.
Continue ReadingGermany – BASF, LetterOne, and Harbour Energy have inked a transformative business combination agreement signaling a shift in BASF’s energy portfolio.
Continue ReadingUnited Kingdom – Scientists at the University of Aberdeen are working on a system that will allow industrial carbon emissions and electricity produced by renewable sources to be “banked” as green hydrogen in depleted oil and gas reserves.
Continue ReadingNorway – Equinor and its partners will use heat recovery to replace two gas turbines in order to generate electricity. 95,000 tonnes less CO2 will be emitted each year as a result.
Continue ReadingNorway – Eni and Vår Energi ASA have made significant moves in the energy industry by signing agreements to acquire Neptune Energy Group Limited and Neptune Energy Norge, respectively, in a deal worth $4.9 billion.
Continue ReadingGermany/The Netherlands – ONE-Dyas, a Dutch oil and gas firm, has given N-Sea a contract to connect a subsea power line between the Riffgat offshore wind farm in the German North Sea and the new N05-A gas production platform, which is now under construction.
Continue ReadingNorway – According to Rystad Energy, the global market for oil and gas contractors will reach its peak in 2025 and stay at its current levels for a number of years.
Continue ReadingRussia – Wintershall Dea aims to entirely quit Russia in accordance with all applicable rules and regulations, following the Supervisory Board’s approval of the Management Board’s principle decision to exit.
Continue ReadingNorway – DNV was contracted by Ocyan as an unbiased third party to assist in the qualification of a system that injects hydrogen as an additive into the internal combustion engines of drilling rigs to reduce fuel consumption and greenhouse gas (GHG) emissions during drilling.
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