Entrepreneur Andrew Austin’s energy investment company Kistos hit pre-tax losses of €5.2 million (£4.3m) in its maiden set of results following its takeover of Tulip Oil Netherlands.
Dutch North Sea
A North Sea green hydrogen project, which could set the region on its way to being a “new energy hub, has received backing from the Dutch Government.
London-headquartered energy sector firm Kistos has kicked off its drilling campaign for 2021.
MHI Vestas has successfully installed the last turbine for the Borssele 3 & 4 offshore wind farm in the Dutch North Sea.
Ørsted has fully commissioned its Borssele 1 & 2 offshore wind farm in the Dutch North Sea.
Maersk Drilling has secured a contract from Petrogas E&P Netherlands for the harsh environment jack-up rig Maersk Resilient to drill three wells at the B13 and A12 fields in the Dutch sector of the North Sea.
Netherlands-based Wintershall Noordzee has completed the third development well at the Sillimanite field in the southern North Sea.
Aberdeen-based well integrity specialist Unity has won a seven-figure deal with operator Spirit Energy.
Neptune Energy has been selected to help create the first offshore hydrogen plant in the Dutch sector of the North Sea.