Tag: offshore energy biz
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NCL: Bio-methanol-powered containership inaugurated in Norway
NCL: Bio-methanol-powered containership inaugurated in Norway Norwegian transportation company North Sea Container Line AS) together with partners Elkem ASA, and MPC Container Ships ASA (MPCC), have begun operating NCL Vestland, a new methanol dual-fuel containership, in Haugesund, Norway. The post NCL: Bio-methanol-powered containership inaugurated in Norway appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…
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Scottish firm’s tidal energy converter secures Lloyd Register’s feasibility statement
Scottish firm’s tidal energy converter secures Lloyd Register’s feasibility statement Marine classification society Lloyd’s Register (LR) has awarded Scotland-based renewable energy company Orbital Marine […] The post Scottish firm’s tidal energy converter secures Lloyd Register’s feasibility statement appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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COSL rig spuds last well on its North Sea list with Serica
COSL rig spuds last well on its North Sea list with Serica Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS). The post COSL rig…
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Galveston LNG Bunker Port inks first bunker supply deal
Galveston LNG Bunker Port inks first bunker supply deal Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement (SPA) for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex within Galveston Bay. The post Galveston LNG Bunker Port inks first bunker supply deal appeared first on…
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MBF, ZESTAS join forces to accelerate zero-emission shipping
MBF, ZESTAS join forces to accelerate zero-emission shipping The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have signed a memorandum of understanding (MOU) to formalize their collaboration in advancing zero-emission shipping technologies. The post MBF, ZESTAS join forces to accelerate zero-emission shipping appeared first on Offshore Energy. Naida Hakirevic Prevljak…
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Duo looking to drill exploration well offshore Bulgaria by year-end
Duo looking to drill exploration well offshore Bulgaria by year-end Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea. The post Duo looking to drill exploration well…
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EverLoNG: There are no showstopping regulation to prevent onboard CCS adoption today
EverLoNG: There are no showstopping regulation to prevent onboard CCS adoption today There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled…
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G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone
G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone G-TEC has completed a seabed survey in the Doordewind Wind Farm Zone (DDWWFZ) under […] The post G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year
US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace…
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CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm
CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm Marseille-headquartered shipping giant CMA CGM and Swedish-Swiss technology company ABB have teamed up to […] The post CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm appeared first on Offshore Energy. Sara Kosmajac Go to offshore…
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Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position
Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position Norway-headquartered offshore drilling contractor Dolphin Drilling has promoted its interim Chief Executive Officer (CEO) to a permanent role and appointed a new Chief Executive Officer (CFO). The post Dolphin Drilling gets new CFO as interim CEO is promoted to permanent position appeared…
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Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026
Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026 According to Intermodal, it is expected that the LNG bunkering market is poised for substantial expansion in the coming years, The post Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026 appeared first on Offshore Energy.…
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Petronas kicking off LNG exports to Vietnam next month
Petronas kicking off LNG exports to Vietnam next month PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), and Malaysia’s state-owned energy player Petronas have expanded their liquefied natural gas (LNG) collaboration. The post Petronas kicking off LNG exports to Vietnam next month appeared first on Offshore Energy. Dragana Nikše Go to offshore…
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New digital collaboration eyes end-to-end green supply chains
New digital collaboration eyes end-to-end green supply chains With a focus on fostering greener supply chains, PSA International, DNV Singapore and Pacific International Lines (PIL) have signed a memorandum of understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV) and jointly develop sustainable solutions to advance decarbonization in the maritime and logistics…
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With new deals in place, CSA gearing up for electric supply boat trials
With new deals in place, CSA gearing up for electric supply boat trials The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has signed two letters of intent (LoIs) to deploy an e-supply boat on trial with shipping agencies and develop a marine charging infrastructure. The post With new deals…
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US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth
US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth U.S. energy infrastructure player New Fortress Energy (NFE) has entered into a definitive agreement for the sale of its assets and operations in Jamaica to compatriot liquefied natural gas (LNG) player Excelerate Energy. The post US LNG major buying compatriot’s Jamaican…
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Odfjell Drilling exec trades CFO role for new position at the company
Odfjell Drilling exec trades CFO role for new position at the company The Chief Financial Officer (CFO) of offshore drilling contractor Odfjell Drilling is slated to replace his CFO position with another finance-related role at the company. The post Odfjell Drilling exec trades CFO role for new position at the company appeared first on Offshore…
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Success or downfall on the horizon: Maritime decarbonization is standing at the crossroads
Success or downfall on the horizon: Maritime decarbonization is standing at the crossroads The upcoming International Maritime Organization’s (IMO) climate talks are set to decide the fate of the maritime sector’s decarbonization, which is a prerequisite for decarbonizing the global economy as a whole. The post Success or downfall on the horizon: Maritime decarbonization is…
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Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio
Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT). The post Shell picks McDermott to provide ‘full suite of offerings’…
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MARIC’s new ammonia-ready bulker wins DNV AiP
MARIC’s new ammonia-ready bulker wins DNV AiP Norwegian classification society DNV has awarded approval in principle (AiP) to China’s shipbuilding R&D institute Marine Design and Research Institute of China (MARIC) for its new wide beam ammonia-ready Kamsarmax bulk carrier. The post MARIC’s new ammonia-ready bulker wins DNV AiP appeared first on Offshore Energy. Naida Hakirevic…
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LNGameChanger: New project zeroes in on LNG-fueled shipping with onboard CCS
LNGameChanger: New project zeroes in on LNG-fueled shipping with onboard CCS A Norwegian consortium led by HAV Group has unveiled a new research project focused on LNG-fueled shipping with onboard carbon capture and storage (CCS). The post LNGameChanger: New project zeroes in on LNG-fueled shipping with onboard CCS appeared first on Offshore Energy. Ajsa Habibic…
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PIL inks two MoUs to drive sustainable maritime operations and supply chain decarbonization
PIL inks two MoUs to drive sustainable maritime operations and supply chain decarbonization Singaporean shipping company Pacific International Lines (PTE) has signed memoranda of understanding (MoU) with two companies to further its journey towards sustainable maritime operations and supply chain decarbonization. The post PIL inks two MoUs to drive sustainable maritime operations and supply chain…
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Nexans secures €1 billion framework agreement for HVDC cables in France
Nexans secures €1 billion framework agreement for HVDC cables in France Nexans has secured a major framework agreement, valued above EUR 1 billion, with Réseau […] The post Nexans secures €1 billion framework agreement for HVDC cables in France appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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MODEC gets its hands on 20-year FPSO job with Shell for Brazilian oil & gas development
MODEC gets its hands on 20-year FPSO job with Shell for Brazilian oil & gas development Shell has handed out a multi-year operations and maintenance contract to Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel destined to work on this project in Brazilian waters. The post MODEC gets its hands on 20-year…
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Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions
Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions Rux Energy and Bureau Veritas Marine & Offshore (BV) have entered a joint development project (JDP) to certify hydrogen storage solutions. The post Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions appeared first on Offshore Energy. Aida Čučuk Go…
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Ports of Rotterdam and Singapore working zealously on green and digital shipping corridor
Ports of Rotterdam and Singapore working zealously on green and digital shipping corridor The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a cooperation agreement to further strengthen their efforts on the Rotterdam-Singapore Green and Digital Shipping Corridor. The post Ports of Rotterdam and Singapore working zealously on green…
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Canada throws its weight behind $4 billion hydro-powered floating LNG project
Canada throws its weight behind $4 billion hydro-powered floating LNG project The Canadian government has handpicked Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, to be on the receiving end of millions in support for a floating liquefied natural gas (LNG) (FLNG) facility. The post Canada throws…
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TFG Marine welcomes new methanol bunker tanker for operations in Singapore
TFG Marine welcomes new methanol bunker tanker for operations in Singapore Pearl Lavender, the newbuild IMO type II chemical bunkering vessel capable of carrying methanol and set to operate in the Port of Singapore, has been delivered. The post TFG Marine welcomes new methanol bunker tanker for operations in Singapore appeared first on Offshore Energy.…
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Second Stena Drilling rig sports DNV’s drillship notation for emissions abatement
Second Stena Drilling rig sports DNV’s drillship notation for emissions abatement Stena Drilling has welcomed the award of an Abate (P) notation, which DNV has now bestowed upon another one of its drillships following the rig owner’s addition of multiple technical and operational measures for the rig to cut its fuel consumption and greenhouse gas…
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DP World gears up to make London Gateway the UK’s largest container port
DP World gears up to make London Gateway the UK’s largest container port London Gateway, a deep-sea port some 48 kilometers east of Central London operated by […] The post DP World gears up to make London Gateway the UK’s largest container port appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Diana Shipping steps into LPG tanker market
Diana Shipping steps into LPG tanker market Greek dry bulk shipping company Diana Shipping has decided to diversify its business by investing into new vessel types – liquefied petroleum gas (LPG) ships. The post Diana Shipping steps into LPG tanker market appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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BP rakes in $1 billion from sale of partial stake in pipeline carrying gas from field off Azerbaijan
BP rakes in $1 billion from sale of partial stake in pipeline carrying gas from field off Azerbaijan BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s subsidiary that holds its 12% interest in owner and operator of the pipeline that carries natural gas…
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Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029
Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029 Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil. The post Shell’s deepwater project offshore Brazil is a go with first Gato…
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Namibia sets the stage for new offshore oil & gas licensing round and drilling plays
Namibia sets the stage for new offshore oil & gas licensing round and drilling plays As multiple drilling campaigns are poised to shape Africa’s energy future this year, the African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has opted to shine a light on the offshore oil and gas…
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Seabed preparation work coming up at Inch Cape offshore wind farm site
Seabed preparation work coming up at Inch Cape offshore wind farm site Seabed preparation activities are scheduled to begin at the Inch Cape offshore wind farm […] The post Seabed preparation work coming up at Inch Cape offshore wind farm site appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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Digital pipe technology in spotlight of Odfjell Technology’s investment in Norwegian firm
Digital pipe technology in spotlight of Odfjell Technology’s investment in Norwegian firm The UK’s Odfjell Technology, a spin-off of Odfjell Drilling, has purchased a 10% stake […] The post Digital pipe technology in spotlight of Odfjell Technology’s investment in Norwegian firm appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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US gives the go-ahead for Venture Global’s proposed $28 billion LNG export project in Louisiana
US gives the go-ahead for Venture Global’s proposed $28 billion LNG export project in Louisiana U.S. Secretary of Energy has now given its blessing for a proposed multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, operated by Venture Global, an American producer of LNG sourced from North American basins. The post US gives the…
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Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland
Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland Nel Hydrogen US, a subsidiary of Norwegian company Nel, has received a purchase order for one 2.5 MW containerized proton exchange membrane (PEM) electrolyzer for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The post Nel to provide 2.5 MW PEM…
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Chouest’s subsea arsenal grows as it welcomes ROV manufacturer into its fold
Chouest’s subsea arsenal grows as it welcomes ROV manufacturer into its fold U.S.-headquartered Chouest Group has expanded its portfolio and subsea offering with the acquisition of Norway’s Kystdesign, a manufacturer of remotely operated vehicle (ROV) systems. The post Chouest’s subsea arsenal grows as it welcomes ROV manufacturer into its fold appeared first on Offshore Energy.…
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Financial headwinds may hinder e-fuels production in developing countries, making equitable transition unattainable
Financial headwinds may hinder e-fuels production in developing countries, making equitable transition unattainable Poor access to funding and higher costs of capital in developing countries could almost double the prices of e-fuels they produce, compared to developed economies—even when renewable energy resources such as onshore wind and solar are superior, according to a new study.…
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South Korean shipbuilder delivers first hybrid RoRo to CLdN
South Korean shipbuilder delivers first hybrid RoRo to CLdN South Korean shipbuilder HD Hyundai Mipo Dockyard has delivered the first hybrid roll-on/roll-off (RoRo) ship to Luxembourg-based shipping company CLdN. The post South Korean shipbuilder delivers first hybrid RoRo to CLdN appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put
‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty…
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EuroHoldings completes spin-off from Euroseas
EuroHoldings completes spin-off from Euroseas EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, has completed its spin-off from shipowner and operator Euroseas. The post EuroHoldings completes spin-off from Euroseas appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in
Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in A subsea vessel owned by Norwegian shipping company Solstad Offshore has secured another contract with Subsea7, […] The post Subsea7 and Solstad vessel to reach 20 years of collaboration as new contract comes in appeared first on Offshore Energy. Nadja Skopljak Go…
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Ricardo comes onboard Australian Hydrogen Council
Ricardo comes onboard Australian Hydrogen Council Ricardo, a UK-based environmental and engineering consulting company, has joined the Australian Hydrogen Council (AHC), an industry body for hydrogen development in Australia, working to support the commercialization of hydrogen technologies. The post Ricardo comes onboard Australian Hydrogen Council appeared first on Offshore Energy. Aida Čučuk Go to offshore…
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New diesel-electric fast ferry delivered to Hong Kong operator
New diesel-electric fast ferry delivered to Hong Kong operator Hong Kong-based ferry operator Sun Ferry has taken delivery of Xin Ming Zhu 30, a new 35-meter diesel-electric ferry. The post New diesel-electric fast ferry delivered to Hong Kong operator appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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American Energy ready to fortify Puerto Rico’s security of supply with LNG cargos
American Energy ready to fortify Puerto Rico’s security of supply with LNG cargos Crowley has joined forces with Naturgy, enabling it to send what it describes as the first U.S. LNG carrier (LNGC) to Puerto Rico, bolstering the North American country’s energy security amid growing power demand. The post American Energy ready to fortify Puerto…
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Res Integra joins forces with Ohmium for green hydrogen project in Sicily
Res Integra joins forces with Ohmium for green hydrogen project in Sicily Res Integra has partnered with Ohmium International for a green hydrogen project in Sicily. The post Res Integra joins forces with Ohmium for green hydrogen project in Sicily appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Chowgule splashes Vertom’s second 6,000 dwt diesel-electric vessel
Chowgule splashes Vertom’s second 6,000 dwt diesel-electric vessel Dutch short-sea shipping company Vertom Group recently named the second unit in a series […] The post Chowgule splashes Vertom’s second 6,000 dwt diesel-electric vessel appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Danish Shipping shares 10 recommendations to scale up production of green fuels
Danish Shipping shares 10 recommendations to scale up production of green fuels Trade and employers’ association Danish Shipping has launched its recommendations to accelerate the production of alternative fuels. The post Danish Shipping shares 10 recommendations to scale up production of green fuels appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy…
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With 22,318 ships, Europe controls 35% of the world fleet
With 22,318 ships, Europe controls 35% of the world fleet European shipping, representing 35% of global feet, is key for Europe’s security, two separate studies have found. The post With 22,318 ships, Europe controls 35% of the world fleet appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Titan delivers bio-LNG to MOL’s vehicle carrier under new deal
Titan delivers bio-LNG to MOL’s vehicle carrier under new deal Dutch marine fuels supplier Titan and Japanese shipping company Mitsui O.S.K. Lines (MOL) have completed the first bio-LNG and LNG bunkering operation under a new multi-delivery contract for MOL’s vehicle carrier fleet. The post Titan delivers bio-LNG to MOL’s vehicle carrier under new deal appeared first…
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Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done
Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done Vopak Horizon Fujairah Limited, a UAE-based subsidiary of Dutch energy storage operator Vopak, recently […] The post Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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With commissioning complete, Bechtel hands over LNG terminal’s train to Cheniere
With commissioning complete, Bechtel hands over LNG terminal’s train to Cheniere U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has achieved substantial completion of the first train (Train 1) of the next development stage of its Corpus Christi LNG facility in Texas. The post With commissioning complete, Bechtel hands over LNG terminal’s train…
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More Norwegian gas for Europe as first segment of two-phase development comes online
More Norwegian gas for Europe as first segment of two-phase development comes online Equinor has kicked off production from the first chapter of a gas and condensate project off the coast of Norway, which is envisioned to encompass multiple discoveries developed in two phases. The post More Norwegian gas for Europe as first segment of two-phase…
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Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects
Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects After South Korean Taihan Cable & Solution, a consortium of Hellenic Cables and Jan […] The post Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects appeared first on Offshore Energy. Nadja…
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$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project
$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of…
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Partners stand firm in opposition to Guyana pulling the plug on offshore license
Partners stand firm in opposition to Guyana pulling the plug on offshore license Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana. The post Partners stand firm…
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Methanol-ready subsea vessel pair with battery hybrid tech lands on Kongsberg’s worksheet
Methanol-ready subsea vessel pair with battery hybrid tech lands on Kongsberg’s worksheet Kongsberg Maritime has won a new design and equipment assignment for two multipurpose subsea vessels envisioned to be methanol-ready dual-fuel ships, sporting battery hybrid technology, which are set to be built for multiple purposes and optimized for advanced offshore operations under rough conditions.…
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Australia’s Western Green Energy Hub project to undergo environmental assessment
Australia’s Western Green Energy Hub project to undergo environmental assessment Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment. The post Australia’s Western Green Energy Hub project to undergo environmental assessment appeared first on Offshore Energy. Aida Čučuk…
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HD Hyundai-built LNG carrier reflagged to Greece
HD Hyundai-built LNG carrier reflagged to Greece Greece’s Capital Gas Ship Management has completed the registration process of a liquefied natural gas (LNG) carrier to the Greek registry. The post HD Hyundai-built LNG carrier reflagged to Greece appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe
Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds. The post Oil tanker…
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Port of Hamburg gearing up to deploy new eco-friendly pilot vessel
Port of Hamburg gearing up to deploy new eco-friendly pilot vessel Germany’s Port of Hamburg has welcomed its first of two new eco-friendly pilot ships, making a contribution to its goal of becoming climate-neutral by 2040. The post Port of Hamburg gearing up to deploy new eco-friendly pilot vessel appeared first on Offshore Energy. Aida…
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UK player revamps safety solution for offshore platform red zones
UK player revamps safety solution for offshore platform red zones Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has launched a second-generation monitoring device aimed at improving safety during pipe handling on offshore drilling platforms. The post UK player revamps safety solution for offshore platform red zones appeared first on Offshore Energy. Dragana…
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German shipowners: National interests should not hamper free global trade flows
German shipowners: National interests should not hamper free global trade flows Increasing protectionist tendencies in global trade policy present challenges for German shipping, according to the German Shipowners’ Association (VDR) which warned that national interests must not come at the expense of free global trade flows. The post German shipowners: National interests should not hamper…
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EPS’ sixth dual-fuel PCTC launched at Jinling Shipyard
EPS’ sixth dual-fuel PCTC launched at Jinling Shipyard China Merchants Jinling Shipyard (Weihai) has launched the sixth dual-fuel pure car and truck carrier (PCTC) for Singaporean shipowner Eastern Pacific Shipping (EPS). The post EPS’ sixth dual-fuel PCTC launched at Jinling Shipyard appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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China building 62% of new ships ordered globally in spite of looming US tariffs
China building 62% of new ships ordered globally in spite of looming US tariffs China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook. The post China building 62% of new ships ordered globally in spite…
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EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million
EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project. The post EU backs Advent’s Renewable Hydrogen Innovative…
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Port of Tyne invests in UK’s first fully electric foiling pilot vessel
Port of Tyne invests in UK’s first fully electric foiling pilot vessel UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”. The post Port of Tyne invests…
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Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds
Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).…
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Havila’s 20-year-old subsea vessel gets contract extension in Brazil
Havila’s 20-year-old subsea vessel gets contract extension in Brazil Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea […] The post Havila’s 20-year-old subsea vessel gets contract extension in Brazil appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Delays in plug & abandonment work may put $5.5 billion on UK decom tab
Delays in plug & abandonment work may put $5.5 billion on UK decom tab With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by…
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Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world
Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world Houston-headquartered energy player NextDecade Corporation has inked two deals with compatriot energy technology giant Baker Hughes, a framework agreement for work on the former’s liquefied natural gas (LNG) terminal under development in Texas and a contractual services agreement…
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MOL to acquire Dutch tank terminal operator in $1.7B deal
MOL to acquire Dutch tank terminal operator in $1.7B deal Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, […] The post MOL to acquire Dutch tank terminal operator in $1.7B deal appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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GCL, SEKAVIN partner up on future-ready marine fuel supply
GCL, SEKAVIN partner up on future-ready marine fuel supply Global Chartering Limited (GCL), a joint venture between Luxembourg-based steelmaker Arcelor Mittal and Greek shipping company DryLog, has formed a strategic partnership with Greece-based bunker supplier SEKAVIN to strengthen marine fuel supply and logistics. The post GCL, SEKAVIN partner up on future-ready marine fuel supply appeared…
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Brazil and Norway unveil green shipping corridor plan
Brazil and Norway unveil green shipping corridor plan Brazil and Norway have decided to establish a green shipping corridor between the two countries in an effort to contribute to zero-carbon emissions in maritime transport. The post Brazil and Norway unveil green shipping corridor plan appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore…
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‘Foul play’ among suspected reasons behind oil tanker–cargo ship North Sea collision
‘Foul play’ among suspected reasons behind oil tanker–cargo ship North Sea collision After two ships caught fire in the wake of a collision between a U.S.-flagged oil tanker and a Portuguese container ship, which occurred in the North Sea, north of England, U.S. officials have reportedly been unable to rule out ‘foul play,’ as a…
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Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment
Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment Dutch Fugro has made a move to simplify the certification process for its growing […] The post Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Pre-construction surveys starting at 2.4 GW Hornsea Four offshore wind farm site
Pre-construction surveys starting at 2.4 GW Hornsea Four offshore wind farm site As part of the pre-construction works at the Hornsea Four offshore wind farm site […] The post Pre-construction surveys starting at 2.4 GW Hornsea Four offshore wind farm site appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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Blue Economy launches Tasmania’s ‘first’ hydrogen production and research facility
Blue Economy launches Tasmania’s ‘first’ hydrogen production and research facility Australia’s Blue Economy Cooperative Research Centre (CRC) has inaugurated what is claimed to be Tasmania’s “first” green hydrogen production and research facility. The post Blue Economy launches Tasmania’s ‘first’ hydrogen production and research facility appeared first on Offshore Energy. Aida Čučuk Go to offshore energy…
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UK player inks acquisition and farm-out deals for assets off Africa
UK player inks acquisition and farm-out deals for assets off Africa After inking one deal to buy and two deals to sell a portion of its stakes in assets offshore Namibia and Cameroon, two local subsidiaries of the UK-based oil and gas company Tower Resources are seeking partner and government approvals for the transactions. The…
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UK oil & gas duo mulling over potential merger
UK oil & gas duo mulling over potential merger Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion. The post UK oil & gas duo mulling over potential merger…
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UK firm’s ROV going to US to serve offshore wind market
UK firm’s ROV going to US to serve offshore wind market UK’s Forum Energy Technology (FET) is set to deliver a remotely operated vehicle (ROV) […] The post UK firm’s ROV going to US to serve offshore wind market appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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VARD starts building first Island Offshore hybrid ocean energy construction vessel, second to follow in July
VARD starts building first Island Offshore hybrid ocean energy construction vessel, second to follow in July Norwegian shipbuilder VARD has cut the first steel for the first hybrid power ocean […] The post VARD starts building first Island Offshore hybrid ocean energy construction vessel, second to follow in July appeared first on Offshore Energy. Nadja…
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FSRU hull starts taking shape with keel-laying milestone out of the way (Gallery)
FSRU hull starts taking shape with keel-laying milestone out of the way (Gallery) A keel-laying ceremony has been held for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy. The post FSRU hull starts taking shape with keel-laying milestone out of the way (Gallery) appeared first on Offshore Energy. Melisa Cavcic…
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Norwegian firm moves to become sole owner of Avenir LNG
Norwegian firm moves to become sole owner of Avenir LNG After finalizing the acquisition of 95% of the shares of the UK-based midstream LNG & BioLNG company Avenir LNG, Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has disclosed its intention to buy the latter’s remaining shares. The post Norwegian…
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US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer
US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer The U.S. Department of Energy (DOE) has handed out its third liquefied natural gas (LNG) approval since President Donal J. Trump returned to the White House, enabling more time to start LNG exports from the Golden Pass LNG terminal (GPX) export…
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DSIC starts building Wah Kwong’s 175,000 cbm LNG vessel
DSIC starts building Wah Kwong’s 175,000 cbm LNG vessel Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has started building Hong Kong-based shipping company Wah Kwong’s second LNG vessel G175K-13. The post DSIC starts building Wah Kwong’s 175,000 cbm LNG vessel appeared first on Offshore Energy. Aida Čučuk Go to offshore…
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Longship rings the welcome bell to latest ultra-low emission diesel-electric cargo vessel
Longship rings the welcome bell to latest ultra-low emission diesel-electric cargo vessel Dutch shortsea ship operator and logistics company Longship recently took delivery of the 8,600 […] The post Longship rings the welcome bell to latest ultra-low emission diesel-electric cargo vessel appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Vaalco secures multi-million loan to fund growth projects across assets
Vaalco secures multi-million loan to fund growth projects across assets Houston-based energy player Vaalco Energy has entered into a revolving credit facility to provide short-term funding for its planned investment programs over the next few years. The post Vaalco secures multi-million loan to fund growth projects across assets appeared first on Offshore Energy. Dragana Nikše…
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MISC tied to $312M HD Hyundai deal for ‘world’s largest’ ethane carriers
MISC tied to $312M HD Hyundai deal for ‘world’s largest’ ethane carriers MISC Berhad (MISC), Malaysia’s energy-related maritime services provider, has been linked to an order […] The post MISC tied to $312M HD Hyundai deal for ‘world’s largest’ ethane carriers appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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US order sets date for Chevron to grind oil exports from Venezuela to a halt
US order sets date for Chevron to grind oil exports from Venezuela to a halt Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign Assets Control…
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“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding
“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive […] The post “Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Oil player books three tanks at Odfjell’s growing South Korean terminal
Oil player books three tanks at Odfjell’s growing South Korean terminal Odfjell Terminals Korea (OTK), a subsidiary of Norwegian shipping company Odfjell, has entered into a multi-year contract with South Korean oil refining and petrochemical company S-Oil for storage at its expanding Ulsan terminal. The post Oil player books three tanks at Odfjell’s growing South…
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DEME to perform CPS stabilization work on Vattenfall’s two German offshore wind farms
DEME to perform CPS stabilization work on Vattenfall’s two German offshore wind farms Vattenfall has contracted DEME Offshore for cable protection system (CPS) stabilization work on the […] The post DEME to perform CPS stabilization work on Vattenfall’s two German offshore wind farms appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz