Category: Headline
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First of five planned production wells comes online offshore Malaysia
First of five planned production wells comes online offshore Malaysia Hibiscus Petroleum, a Malaysian independent oil and gas exploration and production company, has achieved the first oil from the first well in its multi-well program at a field off the coast of Malaysia. The post First of five planned production wells comes online offshore Malaysia appeared…
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Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics
Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics Velesto has joined forces with Petronas and NOV to enhance drilling operations by bringing robotics into play and boosting its jack-up fleet with a rig automation system. The post Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game…
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LS Cable & System to supply offshore cables for CIP’s South Korean floating wind project
LS Cable & System to supply offshore cables for CIP’s South Korean floating wind project LS Cable & System has signed a letter of intent (LOI) with Denmark’s Copenhagen […] The post LS Cable & System to supply offshore cables for CIP’s South Korean floating wind project appeared first on Offshore Energy. Adnan Memija Go…
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PNG LNG getting more gas thanks to new project coming online
PNG LNG getting more gas thanks to new project coming online Australia’s energy giant Santos has completed its two-well project forming part of an integrated development to commercialize the gas resources of Papua New Guinea. The post PNG LNG getting more gas thanks to new project coming online appeared first on Offshore Energy. Dragana Nikše…
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UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033
UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033 Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years. The post UK’s offshore oil & gas decom bill to hit £24.6 billion…
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Cenergy Holdings’ subsidiary upgrades capacity to address growing demand of steel pipes
Cenergy Holdings’ subsidiary upgrades capacity to address growing demand of steel pipes Corinth Pipeworks, part of Belgian company Cenergy Holdings, has completed an upgrade to its […] The post Cenergy Holdings’ subsidiary upgrades capacity to address growing demand of steel pipes appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Green shipping corridors surge by 40% worldwide, report reveals
Green shipping corridors surge by 40% worldwide, report reveals Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a new report.…
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Norwegian duo looking into floating power hubs for offshore platforms with CCS solution
Norwegian duo looking into floating power hubs for offshore platforms with CCS solution Techouse and electricity provider Ocean-Power – have signed a memorandum of understanding (MoU) to explore the option of developing a floating gas power plant with CO2-capture capabilities to be deployed on the Norwegian Continental Shelf (NCS). The post Norwegian duo looking into…
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COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas
COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for…
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CMA CGM welcomes another LNG-powered newbuild
CMA CGM welcomes another LNG-powered newbuild French shipping giant CMA CGM has taken delivery of another LNG-powered newbuild from South […] The post CMA CGM welcomes another LNG-powered newbuild appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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Wallenius Wilhelmsen to introduce future fuels-fit fuel surcharge
Wallenius Wilhelmsen to introduce future fuels-fit fuel surcharge Norwegian shipping and logistics company Wallenius Wilhelmsen has decided to launch a re-engineered bunker adjustment factor, BAF2.0, to prepare for future fuels on the path to net-zero emissions by 2040. The post Wallenius Wilhelmsen to introduce future fuels-fit fuel surcharge appeared first on Offshore Energy. Naida Hakirevic…
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KIMM reveals new automated mooring system for autonomous vessels
KIMM reveals new automated mooring system for autonomous vessels The Korea Institute of Machinery & Materials (KIMM) has created an ‘enhanced’ automated mooring […] The post KIMM reveals new automated mooring system for autonomous vessels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Malaysia and China fostering oil & gas and LNG collaboration
Malaysia and China fostering oil & gas and LNG collaboration Two state-owned companies, Malaysia’s Petronas and China’s China National Petroleum Corporation (CNPC), have signed a memorandum of understanding (MoU) for strategic cooperation in the oil and gas and liquefied natural gas (LNG) arena. The post Malaysia and China fostering oil & gas and LNG collaboration…
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Borr Drilling takes delivery of newbuild rig from Seatrium ahead of schedule
Borr Drilling takes delivery of newbuild rig from Seatrium ahead of schedule Seatrium has delivered another newbuild jack-up rig earlier than expected to Borr Drilling. This handover of the final unit in a multi-rig series is said to have been completed almost a year before it was due. The post Borr Drilling takes delivery of newbuild…
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Cargotec bids farewell to MacGregor in a $507M deal, casts net toward future
Cargotec bids farewell to MacGregor in a $507M deal, casts net toward future Helsinki-headquartered Cargotec Corporation has made the decision to let go of its MacGregor business […] The post Cargotec bids farewell to MacGregor in a $507M deal, casts net toward future appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Green light from Ofgem for 2 GW subsea electricity superhighway
Green light from Ofgem for 2 GW subsea electricity superhighway UK energy market regulator Ofgem has greenlit the Eastern Green Link 1 (EGL1) electricity superhighway […] The post Green light from Ofgem for 2 GW subsea electricity superhighway appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project
NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project Poseidon Cables, a UK-based company specialised in subsea cable installation, termination and testing, has […] The post NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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New alliance looking into hydrogen pipeline connecting Indonesia and Singapore
New alliance looking into hydrogen pipeline connecting Indonesia and Singapore Sembcorp Industries has signed a joint development framework agreement (JDFA) with PT PLN EPI and PT TGI to establish a potential hydrogen transportation pipeline connecting Sumatra, the Riau Islands in Indonesia and Singapore. The post New alliance looking into hydrogen pipeline connecting Indonesia and Singapore…
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Norwegian and Greek firms team up on joint CO2 corridor project between Norway and the Netherlands
Norwegian and Greek firms team up on joint CO2 corridor project between Norway and the Netherlands Norwegian clean energy company Horisont Energi and ECOLOG, a Greek mid-stream carbon capture, utilization […] The post Norwegian and Greek firms team up on joint CO2 corridor project between Norway and the Netherlands appeared first on Offshore Energy. Sara…
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Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home
Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home OMV has managed to get the upper hand in the arbitration case against Gazprom Export, a subsidiary of Russia’s gas giant Gazprom, over the latter’s alleged irregular gas supplies to Germany. The post Arbitration win against Gazprom enables OMV to take…
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Mærsk Mc-Kinney Møller Center, RMI launch new platform to drive sustainable shipping
Mærsk Mc-Kinney Møller Center, RMI launch new platform to drive sustainable shipping The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) have launched Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey. The post Mærsk Mc-Kinney Møller Center, RMI launch new platform…
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DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)
DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos) An advanced unmanned surface vessel (USV) being built in Spain for DeepOcean and its […] The post DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos) appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?
Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts? Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider…
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McDermott picks up ‘largest’ decom job in its history
McDermott picks up ‘largest’ decom job in its history McDermott has lined up its next multimillion-dollar decommissioning assignment off the coast of Australia, which is said to represent the firm’s largest secured project of this kind. The post McDermott picks up ‘largest’ decom job in its history appeared first on Offshore Energy. Melisa Čavčić Go…
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French energy company to work on e-methanol project on Haropa Port site
French energy company to work on e-methanol project on Haropa Port site As part of the ‘West A29’ call for projects, French renewable energy company Qair has been awarded a parcel on the Haropa Port site, in Le Havre, to develop its e-methanol production project Methavert. The post French energy company to work on e-methanol…
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Cheniere’s LNG emissions footprint lower than thought, report shows
Cheniere’s LNG emissions footprint lower than thought, report shows U.S. liquefied natural gas (LNG) exporter Cheniere Energy has published an updated life cycle assessment (LCA) study for the intensity of greenhouse gas (GHG) emissions produced by its exported natural gas according to which their levels are lower than formerly assumed. The post Cheniere’s LNG emissions…
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Silverstream taps into the Chinese market for air lubrication retrofits
Silverstream taps into the Chinese market for air lubrication retrofits UK-based maritime clean technology player Silverstream Technologies has partnered up with China’s Yiu Lian […] The post Silverstream taps into the Chinese market for air lubrication retrofits appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project
WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project Hanwha Ocean is closing in on the sail-away of a field control station (FCS), destined for a subsea gas compression development off the coast of Western Australia. The post WATCH: South Korean shipyard wraps up load-out ops for key element of…
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INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU
INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business, have signed an agreement on the delivery of a new CO2 carrier. The post INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in…
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Orkney Islands step closer to mainland connection as substation works start
Orkney Islands step closer to mainland connection as substation works start SSEN Transmission has broken ground on a new electricity substation that is part of […] The post Orkney Islands step closer to mainland connection as substation works start appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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UNCTAD: Climate and trade shifts threaten maritime stability in Latin America and the Caribbean
UNCTAD: Climate and trade shifts threaten maritime stability in Latin America and the Caribbean The maritime sector in Latin America and the Caribbean is facing unprecedented challenges as […] The post UNCTAD: Climate and trade shifts threaten maritime stability in Latin America and the Caribbean appeared first on Offshore Energy. Sara Kosmajac Go to offshore…
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Global OTEC unveils ocean thermal energy solution for offshore platforms and wells
Global OTEC unveils ocean thermal energy solution for offshore platforms and wells Global OTEC has launched its latest solution that uses ocean thermal energy conversion (OTEC) […] The post Global OTEC unveils ocean thermal energy solution for offshore platforms and wells appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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ESB looking into hydrogen exports from Ireland to Germany
ESB looking into hydrogen exports from Ireland to Germany Irish energy and utility company ESB is set to lead a study that will evaluate the production of green hydrogen and its derivatives in Ireland and the potential transportation pathways to export any excess to Germany. The post ESB looking into hydrogen exports from Ireland to…
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Nuclear-derived e-fuels could shape the future of sustainable shipping
Nuclear-derived e-fuels could shape the future of sustainable shipping The maritime industry’s transition to net-zero emissions will require more than alternative fuels—it demands a rethinking of the energy systems that support fuel production, a new white paper stressed. The post Nuclear-derived e-fuels could shape the future of sustainable shipping appeared first on Offshore Energy. Naida…
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TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles
TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles TotalEnergies has tucked a new milestone under its belt by reaching full technical capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles appeared…
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ADNOC ceding stake in huge LNG project to subsidiary for $5 billion
ADNOC ceding stake in huge LNG project to subsidiary for $5 billion (ADNOC) intends to transfer its entire stake in the low-carbon Ruwais liquefied natural gas (LNG) project, currently under development in the United Arab Emirates (UAE), to its affiliate ADNOC Gas. The post ADNOC ceding stake in huge LNG project to subsidiary for $5…
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20 bound4blue eSAILS set for installation across five Maersk Tankers’ vessels
20 bound4blue eSAILS set for installation across five Maersk Tankers’ vessels Spanish automated wind-assisted propulsion system specialist bound4blue has signed a contract with Danish tanker […] The post 20 bound4blue eSAILS set for installation across five Maersk Tankers’ vessels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Collaboration center opens in Glasgow for Scotland-England subsea green electricity superhighways
Collaboration center opens in Glasgow for Scotland-England subsea green electricity superhighways A new collaboration center that will bring together around 80 green energy workers contributing […] The post Collaboration center opens in Glasgow for Scotland-England subsea green electricity superhighways appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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German hydrogen producer on the lookout for new investor amid financing infrastructure shift
German hydrogen producer on the lookout for new investor amid financing infrastructure shift German green hydrogen producer HH2E has decided to file for self-administration and pursue a […] The post German hydrogen producer on the lookout for new investor amid financing infrastructure shift appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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IMO ready for net-zero framework talks at COP29
IMO ready for net-zero framework talks at COP29 The International Maritime Organization’s (IMO) Secretary-General Arsenio Dominguez will lead the specialized agency’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024. The post IMO ready for net-zero framework talks at COP29 appeared first…
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Washington Maritime Blue opens programs for startups to boost ocean energy innovation
Washington Maritime Blue opens programs for startups to boost ocean energy innovation Non-profit alliance Washington Maritime Blue has opened applications for its 2025 Blue Ventures Programs, […] The post Washington Maritime Blue opens programs for startups to boost ocean energy innovation appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security
Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security Germany’s Brunsbüttel Ports is poised to play an important role in the country’s energy supply security and make a significant contribution to achieving climate goals. The post Brunsbüttel Ports are ‘essential pillar’ for Germany’s energy supply security appeared first on Offshore Energy. Naida Hakirevic Prevljak…
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Final preparations for OEEC 2024 underway
Final preparations for OEEC 2024 underway Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work […] The post Final preparations for OEEC 2024 underway appeared first on Offshore Energy. Offshore-Energy.biz Go to offshore energy biz
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Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard
Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil. The post Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard appeared first on Offshore…
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Gateway Terminal in New Haven secures ‘vital’ funding for zero-emission technology
Gateway Terminal in New Haven secures ‘vital’ funding for zero-emission technology Gateway Terminal in New Haven, Connecticut, an Enstructure company, has been awarded funding from […] The post Gateway Terminal in New Haven secures ‘vital’ funding for zero-emission technology appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Saltwater Engineering to officially launch its latest vessel design at OEEC 2024
Saltwater Engineering to officially launch its latest vessel design at OEEC 2024 Netherlands-based Saltwater Engineering has announced the launch of its latest vessel design, Blue Quest, […] The post Saltwater Engineering to officially launch its latest vessel design at OEEC 2024 appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz