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UK operator gets $200K fine for vent breaches at North Sea gas hub

As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS). The post UK operator gets $200K fine for vent breaches at North Sea gas hub appeared first on Offshore Energy.

Air Liquide confident of maintaining momentum in second half of 2025 | Finance

Air Liquide expects to record the same top line momentum for the rest of this year as a result of improving market sentiment and structural changes, according to CEO Francois Jackow. Speaking on a webinar following the release of positive first half results, he said, “We expect to see the same momentum in terms of project development, with a strong portfolio in electronics and the energy transition. We are extremely focused on the execution … and making significant progress. We were a very decentralised operation and people could pick and choose what they wanted to do – we are much more streamlined and clear on what are the expectations. We will continue to really focus on what we can control, and leverage the transformation initiative to continue to deliver higher profitability.” Internal changes have seen… Read More »Air Liquide confident of maintaining momentum in second half of 2025 | Finance

Baker Hughes to make $13.6bn ‘counter bid’ for Chart Industries, claims report

Global energy technology company Baker Hughes is preparing a $13.6bn all-cash offer to buy US cryogenic equipment company Chart Industries, according to a Financial Times report. The bid is lower than the $19bn proposed merger of equals between Chart Industries and Flowserve, announced in June, but would value Chart’s equity at $210 a share, a 22% premium to its market capitalisation, the report states. The report claims the deal will be announced “in the coming days”. It also said the Flowserve deal “had been terminated”. Shares in Chart rose 16.5% to $200 in after-hours trading on Monday. A deal would provide Baker Hughes with stronger links in growth sectors such as liquefied natural gas, nuclear energy and data centres – where year-to-date, its contract awards have topped $650m. Its adjusted net income for the second… Read More »Baker Hughes to make $13.6bn ‘counter bid’ for Chart Industries, claims report