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Category: Headline

  • Korean shipyard begins piecing together 17 LNG ships for QatarEnergy’s fleet expansion quest

    Korean shipyard begins piecing together 17 LNG ships for QatarEnergy’s fleet expansion quest Nakilat has revealed a steel-cutting ceremony for 17 new liquefied natural gas (LNG) carriers, which was hosted at Hyundai Heavy Industries (HHI) shipyard in South Korea. The post Korean shipyard begins piecing together 17 LNG ships for QatarEnergy’s fleet expansion quest appeared…

  • French firm hired to jumpstart stalled Cypriot LNG project

    French firm hired to jumpstart stalled Cypriot LNG project French-based engineering company Technip Energies has been awarded a project management consultancy (PMC) contract by Cyprus’ Natural Gas Infrastructure Company (ETYFA) for the country’s liquefied natural gas (LNG) terminal. The post French firm hired to jumpstart stalled Cypriot LNG project appeared first on Offshore Energy. Dragana…

  • Harbour Energy flows first oil from subsea tie-back in Norwegian waters

    Harbour Energy flows first oil from subsea tie-back in Norwegian waters Harbour Energy has brought online a subsea tie-back to its existing infrastructure off the coast of Norway, as part of a major revitalization of an oil field in the Norwegian Sea. The post Harbour Energy flows first oil from subsea tie-back in Norwegian waters…

  • EPS, Avikus ink pact to deploy AI navigation on two vessels

    EPS, Avikus ink pact to deploy AI navigation on two vessels Singapore-based shipowner Eastern Pacific Shipping (EPS) has commissioned South Korea’s autonomous navigation systems venture […] The post EPS, Avikus ink pact to deploy AI navigation on two vessels appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Equinor gets go-ahead for drilling ops with COSL rig

    Equinor gets go-ahead for drilling ops with COSL rig Equinor has secured a drilling permit for an exploration well in the Norwegian sector of the North Sea, which will be drilled with a semi-submersible rig owned by COSL Drilling Europe. The post Equinor gets go-ahead for drilling ops with COSL rig appeared first on Offshore…

  • Giant FPU’s transport marks ‘world’s first’ for CNOOC

    Giant FPU’s transport marks ‘world’s first’ for CNOOC Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has completed a transport operation related to a giant floating production unit (FPU). The post Giant FPU’s transport marks ‘world’s first’ for CNOOC appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • Jan De Nul making headway on landmark $3.8B Middle Eastern interconnection project

    Jan De Nul making headway on landmark $3.8B Middle Eastern interconnection project Jan De Nul has completed the installation of a portion of cables for what […] The post Jan De Nul making headway on landmark $3.8B Middle Eastern interconnection project appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Louis Dreyfus Armateurs, Technip Energies join forces on ammonia storage and cracking to hydrogen vessel

    Louis Dreyfus Armateurs, Technip Energies join forces on ammonia storage and cracking to hydrogen vessel French maritime company Louis Dreyfus Armateurs (LDA) has signed a memorandum of understanding (MoU) with Technip Energies, a French technology and engineering powerhouse, to develop an ammonia storage and cracking to hydrogen vessel. The post Louis Dreyfus Armateurs, Technip Energies…

  • Vietnamese oil platform undergoing decommissioning catches fire

    Vietnamese oil platform undergoing decommissioning catches fire A fire has broken out at a platform offshore Vietnam operated by Vietnam Oil and Gas Operating Company (PVEP POC). The post Vietnamese oil platform undergoing decommissioning catches fire appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • ‘Outstanding’ drilling results at Serica’s North Sea cluster spur hopes for late June production restart

    ‘Outstanding’ drilling results at Serica’s North Sea cluster spur hopes for late June production restart UK-based upstream oil and gas player Serica Energy has provided an update on the activities undertaken to bring its floating production storage and offloading unit (FPSO) back online following a shutdown caused by a storm. The post ‘Outstanding’ drilling results…

  • EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen

    EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen The European Commission and the UK have reached a Common Understanding that outlines a […] The post EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Norden and Microsoft launch pilot project to slash supply chain GHG emissions

    Norden and Microsoft launch pilot project to slash supply chain GHG emissions Denmark-based shipping player Norden has joined forces with Microsoft in order to facilitate greenhouse […] The post Norden and Microsoft launch pilot project to slash supply chain GHG emissions appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • EMSA to assist EU in implementing maritime decarbonization measures

    EMSA to assist EU in implementing maritime decarbonization measures The European Council and the European Parliament have reached a provisional political agreement aiming at aligning “more accurately” the mandate of the European Maritime Safety Agency (EMSA). The post EMSA to assist EU in implementing maritime decarbonization measures appeared first on Offshore Energy. Naida Hakirevic Prevljak…

  • OMV exploration drilling marks Odfjell rig’s return to Norwegian waters

    OMV exploration drilling marks Odfjell rig’s return to Norwegian waters OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has started drilling an exploration well in the Norwegian Sea using a semi-submersible rig managed by Odfjell Drilling. The post OMV exploration drilling marks Odfjell rig’s return to Norwegian waters appeared first on…

  • Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list

    Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list The European Commission (EC) has selected the winners of the second European Hydrogen Bank (EHB), which will receive nearly €1 billion in funding to produce renewable hydrogen, including producers with off-takers in the maritime sector. The post Winners of…

  • ABB to acquire French BrightLoop to accelerate marine transport electrification

    ABB to acquire French BrightLoop to accelerate marine transport electrification Swedish-Swiss technology company ABB has signed an agreement to acquire BrightLoop, a French company specializing in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion. The post ABB to acquire French BrightLoop to accelerate marine transport electrification appeared first on…

  • Wilson Sons achieves 80% emission cut via renewable energy

    Wilson Sons achieves 80% emission cut via renewable energy Brazilian shipping player Wilson Sons has marked a new decarbonization milestone, having managed to […] The post Wilson Sons achieves 80% emission cut via renewable energy appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • MMA vessel finds work on Chevron’s Western Australian assets

    MMA vessel finds work on Chevron’s Western Australian assets Australian offshore vessel player MMA Offshore, an affiliate of Singapore-based Cyan Renewables, has won a multi-year contract with Chevron’s Australian subsidiary for a high-specification platform supply vessel (PSV) from its fleet. The post MMA vessel finds work on Chevron’s Western Australian assets appeared first on Offshore…

  • EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet

    EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet The European Council has adopted the 17th Russia sanctions package including almost 200 shadow fleet vessels and a Russian oil giant. The post EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet appeared first on Offshore…

  • First steps being taken to bring UK’s fifth subsea electricity superhighway to life

    First steps being taken to bring UK’s fifth subsea electricity superhighway to life The UK National Grid and SSEN Transmission have set into motion the first steps […] The post First steps being taken to bring UK’s fifth subsea electricity superhighway to life appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains

    Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains Canada’s province of Newfoundland and Labrador and the Port of Amsterdam, the Netherlands, have signed a memorandum of understanding (MoU) to explore green hydrogen supply chains. The post Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains appeared first on…

  • Foreship to help Wasaline up hybrid ferry’s energy storage capacity almost sixfold

    Foreship to help Wasaline up hybrid ferry’s energy storage capacity almost sixfold Finland-based naval architecture and engineering consultancy Foreship has been contracted to support compatriot shipping company Wasaline in delivering a battery upgrade on MV Aurora Botnia that will see the ferry’s energy storage capacity increase nearly sixfold. The post Foreship to help Wasaline up…

  • New framework agreement with ConocoPhillips takes Subsea7 to Norway

    New framework agreement with ConocoPhillips takes Subsea7 to Norway Subsea7 has secured a contract with U.S. energy giant ConocoPhillips for a front-end engineering […] The post New framework agreement with ConocoPhillips takes Subsea7 to Norway appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • MAN ES’ dual-fuel, methanol-ready GenSet passes type approval test

    MAN ES’ dual-fuel, methanol-ready GenSet passes type approval test MAN Energy Solutions (MAN ES) has passed the type approval test (TAT) of its MAN L35/44DF engine for use as an auxiliary GenSet and for electric propulsion, operating at constant speeds of 720 and 750 rpm, respectively. The post MAN ES’ dual-fuel, methanol-ready GenSet passes type…

  • Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam

    Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam The Vietnam National Industry – Energy Group (Petrovietnam) has held a meeting with Russia’s energy giant Gazprom to discuss energy cooperation between the two countries. The post Petrovietnam and Gazprom outline drilling plans to boost gas production off Vietnam appeared first on Offshore…

  • Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future

    Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future A consortium consisting of seventeen Japanese organizations has jointly launched a social collaboration program […] The post Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Malaysian company looking to bypass global vessel shortage with new cable layer

    Malaysian company looking to bypass global vessel shortage with new cable layer A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made […] The post Malaysian company looking to bypass global vessel shortage with new cable layer appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • DOF’s new offshore support vessel starts taking shape in Poland

    DOF’s new offshore support vessel starts taking shape in Poland Poland’s CRIST has held the keel laying ceremony for an offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group. The post DOF’s new offshore support vessel starts taking shape in Poland appeared first on Offshore Energy. Dragana Nikše Go to offshore…

  • South Korea, United States to ‘strengthen’ shipbuilding ties

    South Korea, United States to ‘strengthen’ shipbuilding ties In what is described as a “historic moment”, the South Korean shipbuilding industry has […] The post South Korea, United States to ‘strengthen’ shipbuilding ties appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Wagenborg, INEOS launch first offshore CO2 carrier built in Europe

    Wagenborg, INEOS launch first offshore CO2 carrier built in Europe Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business have launched and named ‘the first’ European-built offshore CO2 carrier to enable carbon capture storage across Europe. The post Wagenborg, INEOS launch first offshore CO2 carrier built in Europe appeared first on…

  • Perenco’s drilling ops in Caribbean unlock more gas

    Perenco’s drilling ops in Caribbean unlock more gas Perenco Trinidad & Tobago (Perenco T&T), a subsidiary of Anglo-French oil and gas player Perenco, has made a new natural gas discovery in the Caribbean, which is expected to enable the firm to boost its hydrocarbon production off the southeast coast of Trinidad and Tobago. The post…

  • CPN performs ‘record-breaking’ B24 biofuel bunkering operation

    CPN performs ‘record-breaking’ B24 biofuel bunkering operation Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has achieved a new milestone by completing China’s largest B24 marine biofuel bunkering operation. The post CPN performs ‘record-breaking’ B24 biofuel bunkering operation appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • Italy’s Edison welcomes inaugural LNG cargo from Louisiana plant

    Italy’s Edison welcomes inaugural LNG cargo from Louisiana plant Italian utility company Edison has welcomed its first liquefied natural gas (LNG) shipment hailing from the export facility in Cameron Parish, Louisiana, operated by U.S.-based LNG export project developer Venture Global. The post Italy’s Edison welcomes inaugural LNG cargo from Louisiana plant appeared first on Offshore…

  • Prysmian enriches subsea cable toolbox with vessel christening and expansion of Finnish factory

    Prysmian enriches subsea cable toolbox with vessel christening and expansion of Finnish factory Prysmian has boosted its transmission business with the completion of the expansion works at its subsea power cable factory in Finland and the naming ceremony for the newest addition to its cable laying vessel (CLV) fleet. The post Prysmian enriches subsea cable…

  • Energean gives Moroccan offshore assets back to Chariot

    Energean gives Moroccan offshore assets back to Chariot Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean. The post Energean gives Moroccan offshore assets back to Chariot appeared first on Offshore Energy. Melisa Cavcic Go…

  • Port of Santos, North Sea Port eye green shipping corridor

    Port of Santos, North Sea Port eye green shipping corridor Brazil’s Santos Port Authority (APS) and the Dutch-Belgian North Sea Port have signed a memorandum of understanding (MOU) to collaborate on decarbonization-oriented initiatives. The post Port of Santos, North Sea Port eye green shipping corridor appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…

  • Offtake deal locked in ahead of US LNG terminal’s FID

    Offtake deal locked in ahead of US LNG terminal’s FID U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana. The post Offtake deal locked in…

  • Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

    Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter…

  • Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry

    Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain. The post Russia to pump over $6B into shipbuilding…

  • Hystar secures more than $36 million to fast-track electrolyzer deployment

    Hystar secures more than $36 million to fast-track electrolyzer deployment Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers. The post Hystar secures more than $36 million to fast-track electrolyzer deployment appeared first on Offshore Energy. Aida Čučuk Go…

  • Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

    Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off? Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025. The post Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold…

  • Prysmian puts first subsea cable in place for eastern piece of Italy’s electricity interconnection

    Prysmian puts first subsea cable in place for eastern piece of Italy’s electricity interconnection Prysmian Group has confirmed the wrap-up of the installation works related to the first submarine cable of the eastern branch of an electricity interconnection between Campania, Sicily, and Sardinia. The post Prysmian puts first subsea cable in place for eastern piece…

  • Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm

    Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) […] The post Seatools to deliver subsea metrology and control system for Fengmiao 1 offshore wind farm appeared first on Offshore Energy. Zerina Maksumic Go to offshore…

  • Vaalco advances FPSO overhaul and drilling plans off Africa

    Vaalco advances FPSO overhaul and drilling plans off Africa Houston-based Vaalco Energy has provided an update on its exploration agenda offshore Côte d’Ivoire and Gabon. The post Vaalco advances FPSO overhaul and drilling plans off Africa appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz

  • South Korea wants to build ‘world’s largest’ liquefied hydrogen carrier

    South Korea wants to build ‘world’s largest’ liquefied hydrogen carrier South Korea’s government has revealed plans to build ‘the world’s largest’ liquefied hydrogen (LH2) carrier in an effort to develop a competitive advantage in this market segment and ensure the future of the Korean shipbuilding industry. The post South Korea wants to build ‘world’s largest’…

  • Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion

    Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion. The post Shell, BP, TotalEnergies,…

  • CEVA launches new low-carbon ocean freight service

    CEVA launches new low-carbon ocean freight service CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight. The post CEVA launches new low-carbon ocean freight service…

  • SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape

    SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project. The post SBM Offshore’s Suriname-bound FPSO for…

  • Acquisition activity brings busy spell for TGS in Northern Europe

    Acquisition activity brings busy spell for TGS in Northern Europe Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season. The post Acquisition activity brings busy spell for TGS in Northern Europe appeared first on Offshore Energy. Melisa Cavcic Go to…

  • Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience

    Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges. The…

  • Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find

    Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find Brazilian state-owned energy giant Petrobras has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, South America. The post Petrobras enriches Brazilian offshore reserves with ‘high-quality’ oil find appeared first on Offshore Energy. Melisa Cavcic Go…

  • Venus rising on Namibia’s offshore horizon as TotalEnergies progresses oil field development

    Venus rising on Namibia’s offshore horizon as TotalEnergies progresses oil field development TotalEnergies and its joint venture (JV) partners are making inroads in the development of a giant oil discovery in the Orange Basin off the coast of Namibia.  The post Venus rising on Namibia’s offshore horizon as TotalEnergies progresses oil field development appeared first…

  • NatPower H, HyNaval to jointly support construction of 20 hydrogen-powered vessels by 2030

    NatPower H, HyNaval to jointly support construction of 20 hydrogen-powered vessels by 2030 NatPower H, a developer of infrastructure in the green hydrogen industry with offices in Europe and the US, and HyNaval, a French shipyard focused on the construction and retrofit of hydrogen-powered ships, have signed a memorandum of understanding (MoU) to collaborate on…

  • Noble tucks CCS rig tech milestone under its belt

    Noble tucks CCS rig tech milestone under its belt U.S.-headquartered offshore drilling giant Noble Corporation has confirmed the receipt of a certificate related to carbon capture and storage (CCS) rig technology from DNV, an energy expert and assurance provider. The post Noble tucks CCS rig tech milestone under its belt appeared first on Offshore Energy.…

  • Canada’s multi-billion LNG project seeks permit for new floatel to create 900 more jobs

    Canada’s multi-billion LNG project seeks permit for new floatel to create 900 more jobs Woodfibre Management, a privately held Canadian company based in Vancouver, is putting the wheels in motion to clear the regulatory hurdles to bring a second floating workforce accommodation, also known as floatel, to its operated $5.1 billion liquefied natural gas (LNG) export…

  • Moldova inks ‘historic’ Black Sea gas deal to bolster energy security

    Moldova inks ‘historic’ Black Sea gas deal to bolster energy security Moldova’s state-owned energy company Energocom has signed what it says is its first long-term gas purchase contract with Southeastern Europe’s integrated energy player OMV Petrom. The post Moldova inks ‘historic’ Black Sea gas deal to bolster energy security appeared first on Offshore Energy. Dragana…

  • Oman’s Asyad Group introduces wind-powered mega vessel

    Oman’s Asyad Group introduces wind-powered mega vessel Omani shipowner Asyad Group has announced the launch of the ‘massive’ cargo vessel Sohar Max which uses wind propulsion technology to achieve environmental efficiency. The post Oman’s Asyad Group introduces wind-powered mega vessel appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz

  • SBM Offshore’s NearZero FPSO design gets ABS’ blessing

    SBM Offshore’s NearZero FPSO design gets ABS’ blessing SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received a stamp of approval for its NearZero floating production storage and offloading (FPSO) design from the American Bureau of Shipping (ABS), a classification society. The post SBM Offshore’s NearZero FPSO design…

  • Shipping companies encouraged to register ships in Europe after EC approves Italian scheme

    Shipping companies encouraged to register ships in Europe after EC approves Italian scheme The European Commission has approved the reintroduction of Italy’s “International Registry” scheme, which aims to encourage shipping companies to register their ships in Europe. The post Shipping companies encouraged to register ships in Europe after EC approves Italian scheme appeared first on…

  • Go time for Noble drillship drawing closer as 4D seismic survey over African oil fields ends

    Go time for Noble drillship drawing closer as 4D seismic survey over African oil fields ends A drillship, owned by the U.S.-headquartered offshore drilling giant Noble Corporation, is slated to begin its new drilling campaign in western Africa later this month, after Tullow Ghana, a subsidiary of the UK-based Tullow Oil, wrapped up a 4D…

  • Welsh tidal energy receives €2.3 million boost from government

    Welsh tidal energy receives €2.3 million boost from government Tidal energy developer Inyanga Marine Energy Group is set to improve its technology at the Morlais tidal energy site off Ynys Mon with a £2 million (around €2.36 million) equity investment from the Welsh Government. The post Welsh tidal energy receives €2.3 million boost from government…

  • TotalEnergies days away from drilling ops with Stena drillship offshore Suriname

    TotalEnergies days away from drilling ops with Stena drillship offshore Suriname TotalEnergies is getting ready to embark on drilling activities off the coast of Suriname with a drillship owned by Stena Drilling, an offshore drilling contractor. The post TotalEnergies days away from drilling ops with Stena drillship offshore Suriname appeared first on Offshore Energy. Melisa…

  • WATCH: Kraken Robotics’ affiliate done with work on TotalEnergies’ oil field offshore Angola

    WATCH: Kraken Robotics’ affiliate done with work on TotalEnergies’ oil field offshore Angola 3D at Depth, a subsidiary of Kraken Robotics, has tucked its 1,000th subsea metrology under its belt, thanks to an assignment on a life extension project off the coast of Angola, West Africa, which is operated by TotalEnergies EP Angola, a subsidiary…

  • 20-year gas offtake deal lands on Commonwealth LNG’s booking sheet

    20-year gas offtake deal lands on Commonwealth LNG’s booking sheet Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, has won a new multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) for its LNG export terminal currently under development on the west bank of the Calcasieu Ship Channel at…

  • Combining industry, maritime transport and logistics, UAE and Egypt to develop East Port Said Industrial Zone

    Combining industry, maritime transport and logistics, UAE and Egypt to develop East Port Said Industrial Zone UAE-based port operator AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a 50-year renewable usufruct agreement to develop and operate a 20-square-kilometer industrial and logistics park near the Egyptian coastal city of…

  • Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project

    Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project Aker Solutions has hired Multiconsult Norge to supply qualified personnel on a hire-in basis to work as an integral part of its project team, representing the civil disciplines, for the second phase of Northern Lights, part of the Longship full-scale carbon capture and…

  • ADNOC Drilling clinches $806M deal for next-gen rig trio

    ADNOC Drilling clinches $806M deal for next-gen rig trio UAE-based ADNOC Offshore has handed out a contract to its sister company ADNOC Drilling for three island rigs to support expanding operations at a development project offshore Abu Dhabi. The post ADNOC Drilling clinches $806M deal for next-gen rig trio appeared first on Offshore Energy. Dragana…

  • Valaris drillship going to West Africa for multimillion-dollar gig

    Valaris drillship going to West Africa for multimillion-dollar gig Valaris has won a multi-well drilling assignment for one of its drillships in West Africa with an undisclosed oil and gas operator. The post Valaris drillship going to West Africa for multimillion-dollar gig appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz

  • CORE POWER: SHIPS for America Act will inject capital into US shipbuilding, nuclear technologies

    CORE POWER: SHIPS for America Act will inject capital into US shipbuilding, nuclear technologies UK-based maritime nuclear innovation company CORE POWER has lent its voice to proposed legislation being reintroduced in the US Senate that calls for a transformation of the US shipping sector. The post CORE POWER: SHIPS for America Act will inject capital…

  • Yinson Production turns the financial flexibility key to unlock liquidity doors

    Yinson Production turns the financial flexibility key to unlock liquidity doors Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has made its first foray into a corporate-level standby letter of credit and guarantee facility to boost its liquidity. The post Yinson Production turns the financial flexibility key to unlock liquidity…

  • Dolphin Drilling reveals refinance plan for 35-year-old rig

    Dolphin Drilling reveals refinance plan for 35-year-old rig Dolphin Drilling has tweaked the terms of the deal for its multimillion-dollar facility agreement with security, among other things, over the 1990-built semi-submersible rig it acquired from Transocean, providing for amortization relief of the installments payable for the three months from April to June 2025. The post…

  • Another $1.25B win for Subsea7 at Petrobras’ deepwater field

    Another $1.25B win for Subsea7 at Petrobras’ deepwater field Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas […] The post Another $1.25B win for Subsea7 at Petrobras’ deepwater field appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • $13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands

    $13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands Golar LNG has gotten hold of two multibillion-dollar assignments related to a proposed liquefied natural gas (LNG) large-scale upstream and midstream integrated gas development project, estimated to be worth $50 billion, in the Sierra Grande Norte, on the South American country’s…

  • Damen secures new tug order from Fairplay Towage

    Damen secures new tug order from Fairplay Towage Dutch shipbuilder Damen Shipyards Group has received a contract to construct new tugs for Hamburg-based tugboat operator Fairplay Towage under its ongoing fleet renewal program. In addition, Damen signed a contract with Neue Schleppdampfschiffsreederei Louis Meyer. The post Damen secures new tug order from Fairplay Towage appeared…

  • Algoma Endeavour raises Canadian flag for the 1st time at Montreal Port

    Algoma Endeavour raises Canadian flag for the 1st time at Montreal Port Algoma Endeavour, a final Equinox class vessel built for Canadian shipping company Algoma Central Corporation, recently made a stopover at the Port of Montreal to complete its reflagging process. The post Algoma Endeavour raises Canadian flag for the 1st time at Montreal Port…

  • N-Sea’s subsidiary to kick off pUXO campaign offshore UK in May

    N-Sea’s subsidiary to kick off pUXO campaign offshore UK in May The Netherlands-based UXOcontrol, a subsidiary of N-Sea Group, is set to commence UXO-related scopes […] The post N-Sea’s subsidiary to kick off pUXO campaign offshore UK in May appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Oil, gas, and LNG weaving energy security web

    Oil, gas, and LNG weaving energy security web The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the…

  • Amid tariff turmoil, MOL opens office in Washington

    Amid tariff turmoil, MOL opens office in Washington Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and challenge the shipping sector. The post Amid tariff turmoil, MOL opens office in Washington appeared…

  • Step on the gas, pretty please

    Step on the gas, pretty please Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones. The post Step on the gas, pretty please appeared first on Offshore Energy. Melisa Cavcic Go to…

  • LS Marine Solution inks contract for Taipower Offshore Wind Project Phase II

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  • ADNOC inks LNG deal with Indian player

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  • Barnacle biofouling can hurt decarbonization efforts of global shipping fleet, new study shows

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  • Mediterranean shipping gears up for stricter emission regulations

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  • Damen to deliver another all-electric tug to Noatum Maritime

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  • India and Netherlands set the wheels in motion for green maritime corridor

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  • Norway sees uptick in electric propulsion market activity

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  • SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization

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  • Nexans to deliver second Malta-Italy interconnector, ten years after the first one

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  • Steering shipowners towards financing wind-powered vessels: Association Wind Ship, partners release ‘first-ever’ guide

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  • SITC completes 10-vessel series order with final 1,800 TEU boxship pair

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  • Hy2gen secures €47 million to boost its hydrogen and derivatives projects

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  • French firm wins work on QatarEnergy’s giant gas field expansion project

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  • CMA CGM welcomes first boxship flying Indian flag at Nhava Sheva container terminal

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  • New partnership to commission 1 MW electrolyzer for hydrogen valley in Sicily

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  • New hub aims to fast-track sustainable maritime innovation in Canada

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  • In a further blow to Russia’s shadow fleet, EU now requires all vessels to be insured

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  • No hydrocarbons for TotalEnergies offshore Namibia

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  • Wison lands work on FLNG destined for Petronas’ field off Suriname

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  • GSI delivers final 7,000 CEU dual-fuel PCTC to SPDBFL

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  • PIL’s first 8,200 TEU LNG dual-fuel boxship named in China

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