Category: Headline
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Revamped FPSO begins 20-year chapter of North Sea project’s oil story
Revamped FPSO begins 20-year chapter of North Sea project’s oil story Vår Energi has put a floating production, storage, and offloading (FPSO) vessel back into operation at an oil project in the North Sea off the coast of Norway. The post Revamped FPSO begins 20-year chapter of North Sea project’s oil story appeared first on…
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Field development update boosts Rex’s reserves estimate off Oman
Field development update boosts Rex’s reserves estimate off Oman Singapore’s Rex International Holding Limited has disclosed the results of an updated independent qualified person’s report (QPR) for its field offshore Oman. The post Field development update boosts Rex’s reserves estimate off Oman appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Canopée proves wind propulsion potential on transatlantic voyage
Canopée proves wind propulsion potential on transatlantic voyage Two years after its launch, Canopée— believed to be the first industrial cargo vessel equipped with four automated OceanWings—has demonstrated the potential of wind-assisted propulsion. The post Canopée proves wind propulsion potential on transatlantic voyage appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy…
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WinGD: Methanol dual-fuel engine passes sea trial with flying colors
WinGD: Methanol dual-fuel engine passes sea trial with flying colors Swiss engine maker WinGD, in collaboration with COSCO Shipping Heavy Industry (Yangzhou) shipyard and CMD, has completed sea trials for its methanol dual-fuel engine. The post WinGD: Methanol dual-fuel engine passes sea trial with flying colors appeared first on Offshore Energy. Ajsa Habibic Go to…
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Cleantech firm finds work on Equinor’s Norwegian Sea platform
Cleantech firm finds work on Equinor’s Norwegian Sea platform Norway-based cleantech service provider Soiltech has received a call-off order under the frame agreement with compatriot energy giant Equinor to provide fluid treatment (STT) services on the latter’s platform offshore Norway. The post Cleantech firm finds work on Equinor’s Norwegian Sea platform appeared first on Offshore…
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India to get its ‘first’ independent ammonia storage terminal by 2026
India to get its ‘first’ independent ammonia storage terminal by 2026 AVTL, a joint venture between Aegis Logistics Limited and Vopak India, has announced plans […] The post India to get its ‘first’ independent ammonia storage terminal by 2026 appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Tmaz: LNG-fueled BYD Changzhou docks in Mexico for first time
Tmaz: LNG-fueled BYD Changzhou docks in Mexico for first time The Terminal Marítima de Mazatlán (Tmaz), a port controlled by Chilean terminal operator SAAM Terminals, has become the first port in Mexico to receive a vessel of the Chinese electric vehicle brand BYD. The post Tmaz: LNG-fueled BYD Changzhou docks in Mexico for first time…
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UK’s new guidance sheds light on North Sea oil & gas game as application window opens
UK’s new guidance sheds light on North Sea oil & gas game as application window opens In the wake of a Supreme Court ruling, marking the first inclusion in Britain’s history of greenhouse gas (GHG) emissions from the combustion of oil and gas in environmental impact assessments (EIAs) for hydrocarbon extraction projects, the United Kingdom…
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Op-ed: Shipping’s new net zero framework: Where to next?
Op-ed: Shipping’s new net zero framework: Where to next? Real momentum is building behind the global shipping industry’s transition towards a zero-emission future. The post Op-ed: Shipping’s new net zero framework: Where to next? appeared first on Offshore Energy. Offshore-Energy.biz Go to offshore energy biz
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APAC poised to become ‘world’s largest’ CO2 shipping market, report says
APAC poised to become ‘world’s largest’ CO2 shipping market, report says The Asia-Pacific (APAC) region is on track to take the lead in the CO2 shipping market, requiring almost 80 specialist vessels for interregional shipping in 2055, energy consultancy Xodus found in a new carbon capture, utilization, and storage (CCUS) report. The post APAC poised…
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UK oil & gas player ups its stake in two Angolan offshore blocks
UK oil & gas player ups its stake in two Angolan offshore blocks Afentra, a UK-headquartered and AIM-listed upstream oil and gas company, has sealed a deal to acquire half of the stake one of its joint venture (JV) partners holds in two blocks off the coast of Angola. The post UK oil & gas…
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UK simulation tech boosting safety across Oil India’s drilling ops
UK simulation tech boosting safety across Oil India’s drilling ops State-owned Oil India Limited has selected 3t Drilling Systems, a UK-headquartered provider of safety-critical training for the energy sector and part of 3t Group, to provide simulator technology for the purpose of providing drilling training for its employees. The post UK simulation tech boosting safety…
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Van Oord christens mega jack-up | ‘Boreas is world’s largest, most sustainable offshore wind installation vessel’
Van Oord christens mega jack-up | ‘Boreas is world’s largest, most sustainable offshore wind installation vessel’ Van Oord christened the latest addition to its fleet, Boreas, on June 18 in […] The post Van Oord christens mega jack-up | ‘Boreas is world’s largest, most sustainable offshore wind installation vessel’ appeared first on Offshore Energy. Adrijana…
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Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms
Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms EnerMech, an Aberdeen-headquartered integrated solutions specialist, has pinpointed the focus on high-growth regions, subsea work, and floating production, storage, and offloading (FPSO) assignments as its tripartite resilience formula, which it uses as keys to achieving resilience against the backdrop of ongoing economic…
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‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets
‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets Two players, Cyberhawk and Explicit, have started the ball rolling on an offshore drone campaign for emissions measurement in the Norwegian sector of the North Sea, which is being undertaken on 33 offshore platforms operated by Equinor, Norway’s energy…
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Fatal accident in Alang raises fresh concerns as Hong Kong Convention nears entry into force
Fatal accident in Alang raises fresh concerns as Hong Kong Convention nears entry into force Just weeks ahead of the entry into force of the Hong Kong Convention (HKC) […] The post Fatal accident in Alang raises fresh concerns as Hong Kong Convention nears entry into force appeared first on Offshore Energy. Sara Kosmajac Go…
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One of ‘world’s largest’ geotechnical vessels stays with Geoquip Marine till 2030
One of ‘world’s largest’ geotechnical vessels stays with Geoquip Marine till 2030 Geoquip Marine, a provider of offshore geotechnical solutions, has extended the charter agreement with […] The post One of ‘world’s largest’ geotechnical vessels stays with Geoquip Marine till 2030 appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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AtoB@C Shipping enriches fleet with 7th plug-in hybrid newbuild
AtoB@C Shipping enriches fleet with 7th plug-in hybrid newbuild AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of its seventh 5,400 dwt plug-in hybrid newbuilding. The post AtoB@C Shipping enriches fleet with 7th plug-in hybrid newbuild appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge
Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant…
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Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level
Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corporation, a compatriot drone and urban…
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French containment tech selected for Purus’ new LNG carrier
French containment tech selected for Purus’ new LNG carrier French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the tank of a liquefied natural gas carrier (LNGC) newbuild. The post French containment tech selected for Purus’ new LNG carrier appeared first on…
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Norway: Northern Lights approved for CO2 storage expansion
Norway: Northern Lights approved for CO2 storage expansion The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of […] The post Norway: Northern Lights approved for CO2 storage expansion appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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GC Rieber Shipping to build zero-emission freighter
GC Rieber Shipping to build zero-emission freighter Norwegian shipping company GC Rieber Shipping has entered into a letter of intent for the construction of a fully electric battery-powered freight carrier. The post GC Rieber Shipping to build zero-emission freighter appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf
ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico. The post ExxonMobil entrusts EnerMech with deepwater decom job at oil…
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CMA CGM steps up maritime talks with Indian government
CMA CGM steps up maritime talks with Indian government France-based shipping colossal CMA CGM has held talks with officials from the Indian Ministry […] The post CMA CGM steps up maritime talks with Indian government appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Geotechnical surveys begin at Jammerland Bugt site offshore Denmark
Geotechnical surveys begin at Jammerland Bugt site offshore Denmark Geotechnical surveys have commenced for the 240 MW Jammerland Bugt offshore wind farm in […] The post Geotechnical surveys begin at Jammerland Bugt site offshore Denmark appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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TotalEnergies strengthens ties with Chevron by expanding US oil & gas offshore footprint
TotalEnergies strengthens ties with Chevron by expanding US oil & gas offshore footprint TotalEnergies has decided to enlarge its American oil and gas portfolio by acquiring interests in 40 exploration blocks that Chevron currently operates. The post TotalEnergies strengthens ties with Chevron by expanding US oil & gas offshore footprint appeared first on Offshore…
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Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo
Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo Norwegian shipping company Møre Sjø has placed an order for the construction of two emission-free hydrogen-powered bulk carriers and secured bunker supplies from compatriot hydrogen producer GreenH. The post Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo appeared first on Offshore Energy. Ajsa Habibic Go to offshore…
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Perenco deploying upcycled MOPU to oil field off Congo
Perenco deploying upcycled MOPU to oil field off Congo The Congolese subsidiary of Anglo-French oil and gas player Perenco is building a new platform to be deployed at a license it operates offshore Congo. The post Perenco deploying upcycled MOPU to oil field off Congo appeared first on Offshore Energy. Dragana Nikše Go to offshore…
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Seven electric ships, four charging stations to get €31.6M in Enova support
Seven electric ships, four charging stations to get €31.6M in Enova support Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million). The post Seven electric ships, four charging stations to get €31.6M in Enova support appeared first on Offshore Energy.…
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Wison and Sungrow launch new integrated system for green hydrogen production
Wison and Sungrow launch new integrated system for green hydrogen production Wison Engineering and Sungrow Hydrogen have officially launched MegaFlex – a large-scale turnkey solution for green hydrogen production. The post Wison and Sungrow launch new integrated system for green hydrogen production appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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NKT’s subsea trencher coming to fortify offshore power cable infrastructure
NKT’s subsea trencher coming to fortify offshore power cable infrastructure NKT has poured funds into the construction of a tool it describes as the world’s most powerful subsea trencher, which is expected to strengthen the offshore power cable ecosystem to ensure the security of supply and the transition to renewable energy. The post NKT’s subsea…
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UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035
UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035 Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas…
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Finland’s Meriaura returns to family ownership
Finland’s Meriaura returns to family ownership Finnish shipping company Meriaura has been returned to family ownership under Meriaura Invest Oy’s 100% ownership. The post Finland’s Meriaura returns to family ownership appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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PSC extension secured for TotalEnergies’ Angolan deepwater block
PSC extension secured for TotalEnergies’ Angolan deepwater block TotalEnergies EP Angola, a subsidiary of France’s energy giant TotalEnergies, and its partners have signed an extension of the production sharing contract (PSC) for a block in Angolan deepwater. The post PSC extension secured for TotalEnergies’ Angolan deepwater block appeared first on Offshore Energy. Dragana Nikše Go…
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Connector Subsea Solutions and Petrobras formalize collaboration on subsea tech
Connector Subsea Solutions and Petrobras formalize collaboration on subsea tech Norway’s Connector Subsea Solutions has signed a memorandum of understanding (MoU) with Brazilian state-owned […] The post Connector Subsea Solutions and Petrobras formalize collaboration on subsea tech appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability
Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability Australia’s Port of Brisbane (PBPL) has launched Vision 2060, a roadmap aimed at strengthening Queensland’s economic position, preparing trade infrastructure for future demands, and guiding the port’s shift toward greater sustainability and efficiency. The post Port of Brisbane sets out Vision 2060…
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German firm pens 10-year gas deal with Azerbaijan’s SOCAR
German firm pens 10-year gas deal with Azerbaijan’s SOCAR Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security. The post German firm pens 10-year gas deal with Azerbaijan’s SOCAR appeared first…
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Wärtsilä hybrid propulsion for Vertom’s pink MPP quartet
Wärtsilä hybrid propulsion for Vertom’s pink MPP quartet Finnish technology group Wärtsilä will has been contracted to supply an integrated hybrid propulsion solution for four new 10,700 dwt geared tween decker vessels being built for Dutch ship owner Vertom Group. The post Wärtsilä hybrid propulsion for Vertom’s pink MPP quartet appeared first on Offshore Energy.…
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Baker Hughes picks up P&A gig at North Sea oil field
Baker Hughes picks up P&A gig at North Sea oil field Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator. The post Baker…
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McDermott debuts resource efficiency tool for energy projects
McDermott debuts resource efficiency tool for energy projects U.S. offshore engineering and construction player McDermott has introduced a tool for assessing circularity across its energy infrastructure projects. The post McDermott debuts resource efficiency tool for energy projects appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub
Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub Denmark-based energy infrastructure company Fidelis New Energy’s portfolio company, Norne, and the Port of […] The post Norne, Port of Aalborg seal 30-year pact for EU-backed CO2 hub appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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New milestone for TotalEnergies’ North Sea field revival project
New milestone for TotalEnergies’ North Sea field revival project Members of the Danish Underground Consortium (DUC), comprising TotalEnergies EP Denmark, BlueNord, and Nordsøfonden, have crossed the well completion test milestone off their list for the natural gas redevelopment project in the Danish sector of the North Sea. The post New milestone for TotalEnergies’ North Sea…
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APM Terminals opts for SANY Marine battery-electric solutions
APM Terminals opts for SANY Marine battery-electric solutions APM Terminals, a container terminal operator based in the Netherlands and part of Danish shipping and logistics giant Maersk, and SANY Marine, a Chinese port and logistics equipment provider and a subsidiary of SANY Group, have signed a master framework agreement to drive decarbonization. The post APM…
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Aquaterra scoops up two jobs on Britain’s first permitted offshore carbon storage project
Aquaterra scoops up two jobs on Britain’s first permitted offshore carbon storage project Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has picked up a new set of assignments with Northern Endurance Partnership (NEP) – encompassing BP, Equinor, and TotalEnergies – for work on the first offshore carbon capture and storage (CCS) project to receive…
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HD KSOE confirms $1.76B order for eco-friendly boxship octet
HD KSOE confirms $1.76B order for eco-friendly boxship octet HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of HD Hyundai, has landed […] The post HD KSOE confirms $1.76B order for eco-friendly boxship octet appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Cost hike prompts alternative concept search for second UK-Belgium interconnector
Cost hike prompts alternative concept search for second UK-Belgium interconnector Given the recent increases in the cost of high-voltage direct current (HVDC) infrastructure, a new approach will be devised to construct the next phase of an energy island envisioned to be built some 45 kilometers off the Belgian coast, including the development of a second…
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NGOs urge countries to include shipping emissions in national Paris climate plans
NGOs urge countries to include shipping emissions in national Paris climate plans Non-governmental organizations Opportunity Green, Seas At Risk and Transport & Environment have called on states to include their shipping emissions in their national climate plans under the Paris Agreement. The post NGOs urge countries to include shipping emissions in national Paris climate plans…
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Noble rig secures spot at Norwegian yard after UK drilling gig
Noble rig secures spot at Norwegian yard after UK drilling gig Noble Corporation has booked a yard stay at Green Yard Feda, located close by Flekkefjord in southern Norway, for a semi-submersible, said to be one of the world’s largest and most advanced harsh-environment drilling rigs. The post Noble rig secures spot at Norwegian yard…
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Envision Energy and Marubeni enter green ammonia offtake agreement
Envision Energy and Marubeni enter green ammonia offtake agreement Chinese corporation Envision Energy and Japanese conglomerate Marubeni have entered a green ammonia offtake agreement to fast-track the global transition to low-carbon energy solutions. The post Envision Energy and Marubeni enter green ammonia offtake agreement appeared first on Offshore Energy. Aida Čučuk Go to offshore energy…
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Viking Line to deploy ‘world’s largest’ all-electric ferry on Helsinki-Tallinn route
Viking Line to deploy ‘world’s largest’ all-electric ferry on Helsinki-Tallinn route Finland-based shipping company Viking Line is to launch an emission-free route between Helsinki and […] The post Viking Line to deploy ‘world’s largest’ all-electric ferry on Helsinki-Tallinn route appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Damen launches two eco-friendly cargo ships for Fast Lines Belgium
Damen launches two eco-friendly cargo ships for Fast Lines Belgium Damen Yichang Shipyard, a Chinese subsidiary of Dutch shipbuilder Damen, has launched the first two 3,800 dwt eco-friendly cargo vessels being built for Belgian logistics company Fast Lines Belgium. The post Damen launches two eco-friendly cargo ships for Fast Lines Belgium appeared first on Offshore…
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TGS performing geophysical survey for floating wind farm planned to power oil & gas platforms
TGS performing geophysical survey for floating wind farm planned to power oil & gas platforms TGS is conducting a geophysical survey at the site of the Green Volt floating […] The post TGS performing geophysical survey for floating wind farm planned to power oil & gas platforms appeared first on Offshore Energy. Adrijana Buljan Go…
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Brazilian duo reaches $65M deal on sharing gas processing assets
Brazilian duo reaches $65M deal on sharing gas processing assets Brazilian oil and gas company Petroreconcavo has signed a purchase and sale agreement (PSA) with 3R Potiguar, a subsidiary of compatriot player Brava Energia, for the acquisition of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte The…
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SBM Offshore pulling out of Equatorial Guinea with FPSO divestment
SBM Offshore pulling out of Equatorial Guinea with FPSO divestment SBM Offshore has struck a deal with GEPetrol to say goodbye to a floating production, storage, and offloading (FPSO) unit, which will enable it to take its leave from Equatorial Guinea. The post SBM Offshore pulling out of Equatorial Guinea with FPSO divestment appeared first on Offshore…
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BIMCO’s new clause to support biofuel use in time charters
BIMCO’s new clause to support biofuel use in time charters Shipping association BIMCO has formed a new subcommittee to develop a Biofuel Clause for Time Charter Parties in a bid to address the legal and operational challenges stemming from the growing use of biofuels in shipping. The post BIMCO’s new clause to support biofuel use in…
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Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing
Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing Marine energy infrastructure developer Höegh Evi and oil major Aker BP have received an approval in principle (AiP) from classification society DNV for their liquefied CO2 (LCO2) carrier design in what was described as “a significant step” in enabling the carbon capture and storage (CCS) value…
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£20 billion gas deal gives UK’s energy security a shot in the arm
£20 billion gas deal gives UK’s energy security a shot in the arm Equinor has inked a multi-year gas sales agreement with Britain’s Centrica, which is expected to strengthen energy security in the United Kingdom (UK). The post £20 billion gas deal gives UK’s energy security a shot in the arm appeared first on Offshore…
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TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil
TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil TotalEnergies has set the wheels in motion to transfer its non-operated interest in a deepwater development project in the pre-salt area of the Santos Basin to Shell in exchange for the latter’s partial stake in its producing field off the coast of…
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West Africa’s oil & gas field pair to remain in production mode until 2040
West Africa’s oil & gas field pair to remain in production mode until 2040 Thanks to a memorandum of understanding (MoU) with the government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC), and Explorco have signed on the dotted line to prolong the production lifespan of two fields off the coast…
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AI-powered safety tool fortifies EnQuest’s operated energy portfolio in UK waters
AI-powered safety tool fortifies EnQuest’s operated energy portfolio in UK waters Aberdeen-based Fennex has won a multi-year contract with EnQuest which enables the Scottish company to deploy its AI-powered safety management solution across the latter’s operated UK offshore assets and its oil and gas terminal in the Shetland Islands, Scotland. The post AI-powered safety tool fortifies…
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Kongsberg Maritime rolls out service to ‘streamline’ WAPS adoption
Kongsberg Maritime rolls out service to ‘streamline’ WAPS adoption Norway-headquartered marine technology player Kongsberg Maritime has unpacked a new service envisaged to aid […] The post Kongsberg Maritime rolls out service to ‘streamline’ WAPS adoption appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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BP green-lights batch of energy projects: Next chapter of mega gas field is a go
BP green-lights batch of energy projects: Next chapter of mega gas field is a go BP has revealed final investment decisions for multiple projects, including the next phase of development for a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.…
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$28 billion LNG export project breaks ground in Louisiana
$28 billion LNG export project breaks ground in Louisiana Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has kicked off site work at its proposed multibillion-dollar export project in Louisiana, United States. This is the firm’s third facility to be built in the last five years. The post $28…
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Pertamina inks deal with French partner for renewable synthetic fuel production
Pertamina inks deal with French partner for renewable synthetic fuel production Pertamina NRE, a subsidiary of Indonesia’s state-owned oil and natural gas corporation Pertamina, has […] The post Pertamina inks deal with French partner for renewable synthetic fuel production appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Northern Lights: Ready, set, go with first CO2 on board!
Northern Lights: Ready, set, go with first CO2 on board! Inaugural CO2 has been loaded onto Northern Pioneer, the first in a fleet of four liquefied CO2 transport ships built for Northern Lights, a carbon capture and storage project in Norway. The post Northern Lights: Ready, set, go with first CO2 on board! appeared first…
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New LNG vessel order for Hyundai Heavy Industries with Purus
New LNG vessel order for Hyundai Heavy Industries with Purus Purus, a provider of maritime services for gas transport and offshore wind industries, has placed a new order for a liquified natural gas carrier (LNGC) with Hyundai Heavy Industries in South Korea, bringing the firm’s current newbuilding program to ten gas carriers under construction at Hyundai Group-affiliated…
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Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments
Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy…
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PSC signed for Myanmar’s seventh offshore project
PSC signed for Myanmar’s seventh offshore project Myanmar’s state-owned Oil and Gas Enterprise and Gulf Petroleum Myanmar, a Thai-owned company based in Myanmar, have signed a production sharing contract (PSC) for an offshore oil and gas block. The post PSC signed for Myanmar’s seventh offshore project appeared first on Offshore Energy. Dragana Nikše Go to…
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World’s ‘largest’ green hydrogen plant construction reaches 80% completion
World’s ‘largest’ green hydrogen plant construction reaches 80% completion NEOM Green Hydrogen Project in Saudi Arabia has reached an 80% construction completion across all sites, the US-based industrial gases company Air Products said. The post World’s ‘largest’ green hydrogen plant construction reaches 80% completion appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore…
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Solvang and BlackRock to jointly pursue liquefied gas shipping opportunities
Solvang and BlackRock to jointly pursue liquefied gas shipping opportunities Norwegian shipping company Solvang and Global Infrastructure Partners (GIP), a part of private infrastructure investment firm BlackRock, have joined forces to grow the liquefied gas shipping business with a focus on LPG, ammonia, ethane, and CO2. The post Solvang and BlackRock to jointly pursue liquefied…
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Sweden moves to widen dragnet on Russia’s shadow fleet
Sweden moves to widen dragnet on Russia’s shadow fleet The Swedish government has decided to draw the net tighter around vessels sailing under […] The post Sweden moves to widen dragnet on Russia’s shadow fleet appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project
Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in…
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WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026
WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026 As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a…
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Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage
Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage Chinese automaker Geely Holding has celebrated the launch of its first self-owned roll-on/roll-off (RoRo) ship, Geely JISU Fortune, operated by JISU Logistics. The post Geely: LNG-powered 7,000 CEU RoRo ship debuts in China, embarks on maiden voyage appeared first on Offshore Energy.…
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Denmark’s Project Greensand hires NOV for CO2 transfer solution
Denmark’s Project Greensand hires NOV for CO2 transfer solution INEOS and its partners in Project Greensand, an initiative that aims to set up a large-scale carbon capture and storage (CCS) value chain offshore Denmark by 2026, have selected a provider of an offshore CO2 injection system for the project. The post Denmark’s Project Greensand hires…
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Latin America’s first electric tugboat en route to Chile
Latin America’s first electric tugboat en route to Chile Latin America’s first electric tugboat, built by Sanmar Shipyards for Enap and SAAM, has embarked on a voyage to Chile. The post Latin America’s first electric tugboat en route to Chile appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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2014-built drillship embarks on Eni’s hydrocarbon search in African waters
2014-built drillship embarks on Eni’s hydrocarbon search in African waters Eni Ghana, a subsidiary of Italy’s energy giant Eni, has kicked off drilling activities off the coast of Ghana with a seventh-generation drillship, which previously worked for the Italian player in Côte d’Ivoire, Africa. The post 2014-built drillship embarks on Eni’s hydrocarbon search in African…
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Smart Green Shipping: CMDC3-backed sea trials prove efficiency, fuel savings potential of wingsail
Smart Green Shipping: CMDC3-backed sea trials prove efficiency, fuel savings potential of wingsail UK systems design house Smart Green Shipping (SGS) has released the results of recent sea trials of its wind-assisted propulsion system (WAPS), conducted in late 2024 aboard the MV Pacific Grebe, a nuclear waste carrier. The post Smart Green Shipping: CMDC3-backed sea…
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Vertom enriches green fleet with latest diesel-electric MPP
Vertom enriches green fleet with latest diesel-electric MPP Dutch shortsea shipping company Vertom Group has rung the welcome bell to its eighth […] The post Vertom enriches green fleet with latest diesel-electric MPP appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Moeve and Armas Trasmediterránea strike marine biofuel supply deal
Moeve and Armas Trasmediterránea strike marine biofuel supply deal Spanish energy major Moeve, formerly Cepsa, has reached a strategic agreement with compatriot shipping company Armas Trasmediterránea to supply second-generation (2G) marine biofuels in the Canary Islands. The post Moeve and Armas Trasmediterránea strike marine biofuel supply deal appeared first on Offshore Energy. Aida Čučuk Go…
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Japan-US duo strikes 20-year offtake deal for LNG export project in Texas
Japan-US duo strikes 20-year offtake deal for LNG export project in Texas JERA has taken steps to boost its liquefied natural gas (LNG) arsenal through a new offtake agreement with NextDecade Corporation, enabling the U.S. player to edge closer to a positive final investment decision (FID) on the fifth train at its LNG export project…
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$44 billion Alaska LNG approaching FID: Partner hunt underway, Worley on final engineering duty
$44 billion Alaska LNG approaching FID: Partner hunt underway, Worley on final engineering duty By putting Australia’s Worley in charge of the final engineering works, Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, is edging closer to a final investment decision (FID) for a liquefied natural gas (LNG) export project in Alaska, as a majority…
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Norsepower to deliver rotor sails for six eco-friendly chemical tanker newbuilds
Norsepower to deliver rotor sails for six eco-friendly chemical tanker newbuilds Finnish cleantech company Norsepower is set to supply six units of its wind propulsion […] The post Norsepower to deliver rotor sails for six eco-friendly chemical tanker newbuilds appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Ningbo Zhoushan Port eyes green shipping corridors with Hamburg, Wilhelmshaven and Valencia ports
Ningbo Zhoushan Port eyes green shipping corridors with Hamburg, Wilhelmshaven and Valencia ports Ningbo Zhoushan Port in East China has signed an agreement with one Spanish and two German ports to initiate the development of green shipping corridors and accelerate maritime decarbonization. The post Ningbo Zhoushan Port eyes green shipping corridors with Hamburg, Wilhelmshaven and…
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HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector
HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector French hydrogen player HDF Energy and Vietnam Maritime Corporation (VIMC) have signed a strategic memorandum of understanding (MoU) to promote the use of green hydrogen and fuel cell technologies across VIMC’s operations. The post HDF Energy and VIMC collaborate to promote hydrogen…
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New study to measure real-world hydrogen emissions
New study to measure real-world hydrogen emissions A new international research initiative has been launched to measure hydrogen emissions from operating infrastructure in North America and Europe. The post New study to measure real-world hydrogen emissions appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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BC Ferries’ new battery-powered ship touches water at Damen Galati yard
BC Ferries’ new battery-powered ship touches water at Damen Galati yard Romania-based Damen Shipyards Galati, part of Dutch shipbuilder Damen Shipyards Group, has launched the latest Island class ferry for Canadian ferry company BC Ferries. The post BC Ferries’ new battery-powered ship touches water at Damen Galati yard appeared first on Offshore Energy. Naida Hakirevic…
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Eni in exclusive talks over stake sale in CCUS business
Eni in exclusive talks over stake sale in CCUS business Italy’s energy giant Eni has signed an exclusivity agreement with Global Infrastructure Partners (GIP), an infrastructure investor which is part of BlackRock, to negotiate the sale of a stake in the former’s carbon capture, utilization, and storage (CCUS) business. The post Eni in exclusive talks…
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Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project
Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project TechnipFMC has completed its integrated engineering, procurement, construction, and installation (iEPCI) scope at Shell’s […] The post Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project appeared first on Offshore Energy. Nadja Skopljak Go…
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Wärtsilä’s 4-stroke ammonia engine delivers up to 90% GHG emission reduction
Wärtsilä’s 4-stroke ammonia engine delivers up to 90% GHG emission reduction Finland-based marine technology major Wärtsilä has achieved a “significant” reduction in greenhouse gas (GHG) emissions […] The post Wärtsilä’s 4-stroke ammonia engine delivers up to 90% GHG emission reduction appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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NYK presents Japan’s ‘first’ battery-powered work vessel
NYK presents Japan’s ‘first’ battery-powered work vessel Japanese shipping major Nippon Yusen Kaisha (NYK) has unveiled the country’s first fully battery-driven work vessel, e-Crea. The post NYK presents Japan’s ‘first’ battery-powered work vessel appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement
US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on…