Tag: offshore energy biz
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US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG
US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas. The post US player keeps its eyes…
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US firm to bring compatriot pump manufacturer into its fold for $2B
US firm to bring compatriot pump manufacturer into its fold for $2B U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction. The post US firm to bring compatriot pump manufacturer into its fold for $2B appeared first on Offshore Energy.…
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Gas carrier trio under construction at HD Hyundai Mipo to feature Wärtsilä’s technology
Gas carrier trio under construction at HD Hyundai Mipo to feature Wärtsilä’s technology Wärtsilä Gas Solutions, part of Finland-based technology giant Wärtsilä, is set to provide its […] The post Gas carrier trio under construction at HD Hyundai Mipo to feature Wärtsilä’s technology appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Petrofac eyes April restructuring date as convening hearing is postponed
Petrofac eyes April restructuring date as convening hearing is postponed UK-headquartered oilfield services provider Petrofac has provided an update on its proposed financial restructuring. The post Petrofac eyes April restructuring date as convening hearing is postponed appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Eco Wave Power cuts costs in 2024, projects in focus
Eco Wave Power cuts costs in 2024, projects in focus Wave energy developer Eco Wave Power has presented its 2024 financial results, highlighting cost […] The post Eco Wave Power cuts costs in 2024, projects in focus appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna
Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna Italian energy player Snam has completed the mooring of a floating storage regasification unit (FSRU) at its liquefied natural gas (LNG) terminal off the coast of Northern Italy. The post Snam closing in on LNG terminal’s startup as FSRU is moored in…
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Shipowner to be taken to court over damage of Finland-Estonia subsea link
Shipowner to be taken to court over damage of Finland-Estonia subsea link Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the […] The post Shipowner to be taken to court over damage of Finland-Estonia subsea link appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Hunter Queen on black gold hunt: All systems go for rig’s multi-well drilling campaign off Brazil
Hunter Queen on black gold hunt: All systems go for rig’s multi-well drilling campaign off Brazil PRIO has received the go-ahead from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for its offshore drilling plans in the Campos Basin, Espírito Santo. A sixth-generation semi-submersible drilling rig will carry out the planned six-well…
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Paratus rig duo’s drilling contracts cut short
Paratus rig duo’s drilling contracts cut short An unnamed client of Fontis Holdings, a wholly owned subsidiary of Bermuda-headquartered Paratus Energy Services, has opted for early termination of drilling contracts for two jack-up rigs. The post Paratus rig duo’s drilling contracts cut short appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Echandia reveals $20.6M funding to scale up sustainable operations
Echandia reveals $20.6M funding to scale up sustainable operations Swedish maritime battery system supplier Echandia has closed a new funding round at SEK […] The post Echandia reveals $20.6M funding to scale up sustainable operations appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Siemens Energy selects Pfisterer cable systems for German offshore grid connection projects
Siemens Energy selects Pfisterer cable systems for German offshore grid connection projects Siemens Energy has selected the German company Pfisterer for the supply of turnkey cable […] The post Siemens Energy selects Pfisterer cable systems for German offshore grid connection projects appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project
Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project LNG Canada, a joint venture company encapsulating Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is setting the stage to begin operations at its giant liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia. The post Shell-led JV preps for…
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Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland
Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland Valmet, a Finland-headquartered developer and supplier of process technologies, automation and services for the […] The post Methanol automation order for Jan De Nul’s XL cable-layers lands in Finland appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Flag-hopping undercuts EU ship recycling guidelines, European Commission found
Flag-hopping undercuts EU ship recycling guidelines, European Commission found The EU Ship Recycling Regulation (SRR), in place since 2018, has largely met its […] The post Flag-hopping undercuts EU ship recycling guidelines, European Commission found appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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TotalEnergies winding down commissioning ops at giant North Sea gas project
TotalEnergies winding down commissioning ops at giant North Sea gas project TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies winding down commissioning ops at giant North Sea gas project appeared first on Offshore Energy. Melisa Cavcic…
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Costamare to spin off dry bulk business
Costamare to spin off dry bulk business Costamare, owner and provider of containerships and dry bulk vessels for charter, has revealed plans to spin off its dry bulk business. The post Costamare to spin off dry bulk business appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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InfraVia to take 80 pct stake in Louis Dreyfus Armateurs
InfraVia to take 80 pct stake in Louis Dreyfus Armateurs InfraVia, a France-based private equity company has entered into negotiations with the Louis-Dreyfus family to acquire a majority stake in compatriot maritime firm Louis Dreyfus Armateurs (LDA). The post InfraVia to take 80 pct stake in Louis Dreyfus Armateurs appeared first on Offshore Energy. Naida…
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India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port
India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port India’s Chidambaranar Port Trust, said to be the ‘third largest’ container terminal in the […] The post India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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US renews Serica’s North Sea field sanction exemption
US renews Serica’s North Sea field sanction exemption UK-based upstream oil and gas player Serica Energy has secured an extension of a sanction waiver from the United States Office of Foreign Assets Control (OFAC) for its field in the UK sector of the North Sea. The post US renews Serica’s North Sea field sanction exemption…
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Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation
Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation The Dutch Port of Rotterdam and Belgian Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of European industry, emphasizing that now is the time to concretize the announced measures. The post Ports…
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New hybrid-electric SOV for EnBW’s He Dreiht offshore wind farm enters construction
New hybrid-electric SOV for EnBW’s He Dreiht offshore wind farm enters construction Cochin Shipyard has started building a hybrid-electric service operations vessel (SOV) for North Star, which […] The post New hybrid-electric SOV for EnBW’s He Dreiht offshore wind farm enters construction appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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WinGD debuts X-DF-M methanol-fueled engine
WinGD debuts X-DF-M methanol-fueled engine Swiss marine power company WinGD’s first methanol-fueled engine is set for delivery after passing factory and type approval tests. The post WinGD debuts X-DF-M methanol-fueled engine appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Geophysical survey underway at Inch Cape offshore wind farm site
Geophysical survey underway at Inch Cape offshore wind farm site Geophysical survey operations and a static fishing gear survey are taking place within the […] The post Geophysical survey underway at Inch Cape offshore wind farm site appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard
SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard Hong Kong-based shipowner and leasing newcomer SeaKapital Holdings has placed an order for up […] The post SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector
All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining […] The post All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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NZTC takes its flagship offshore hydrogen project to the next phase
NZTC takes its flagship offshore hydrogen project to the next phase The HOP2 project, an initiative by Net Zero Technology Centre (NZTC) to demonstrate the feasibility of large-scale offshore green hydrogen production, is progressing into the next phase with a concept definition contract awarded to Aberdeen-based engineering and energy advisory consultancy Apollo. The post NZTC…
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‘First’ LNG bunkering for cruise passenger ships wrapped up in Asia Pacific
‘First’ LNG bunkering for cruise passenger ships wrapped up in Asia Pacific Asia Pacific’s first LNG bunkering for cruise passenger ships was completed at Singapore Cruise Centre (SCC) on February 24, 202, TotalEnergies Marine Fuels, the Singapore-based marine bunkering arm of Total, said. The post ‘First’ LNG bunkering for cruise passenger ships wrapped up in…
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370-meter-long FPSO ends two-month journey from Singapore at Brazilian field
370-meter-long FPSO ends two-month journey from Singapore at Brazilian field A 370-meter-long floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC […] The post 370-meter-long FPSO ends two-month journey from Singapore at Brazilian field appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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ZEMBA accepting bids for e-fuel-focused tender
ZEMBA accepting bids for e-fuel-focused tender Zero Emission Maritime Buyers Alliance (ZEMBA) is now accepting bids for its e-fuel-focused tender. The post ZEMBA accepting bids for e-fuel-focused tender appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Unibarge clinches methanol bunker license for ‘key’ European ports
Unibarge clinches methanol bunker license for ‘key’ European ports Unibarge, a Dutch-Swiss company specializing in inland tanker shipping, has secured a license to […] The post Unibarge clinches methanol bunker license for ‘key’ European ports appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Offshore Energy Amsterdam 2025 exhibition floor 70% booked
Offshore Energy Amsterdam 2025 exhibition floor 70% booked This is an article by Navingo, owner of the Offshore-Energy.biz media brand and the […] The post Offshore Energy Amsterdam 2025 exhibition floor 70% booked appeared first on Offshore Energy. Offshore-Energy.biz Go to offshore energy biz
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Chevron and partners seek additional capacity boost at Mediterranean gas field
Chevron and partners seek additional capacity boost at Mediterranean gas field Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity. The post…
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WinGD calls for ‘strong’ measures to meet maritime GHG targets
WinGD calls for ‘strong’ measures to meet maritime GHG targets WinGD has urged the industry to add its voice to the call for “strong” measures that give shipowners a clear path to decarbonization. The post WinGD calls for ‘strong’ measures to meet maritime GHG targets appeared first on Offshore Energy. Aida Čučuk Go to offshore…
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Italy’s Edison refuels TUI Cruises newbuild with LNG in Adriatic Sea
Italy’s Edison refuels TUI Cruises newbuild with LNG in Adriatic Sea Italian utility company Edison has refueled the newbuild Mein Schiff Relax, a cruise ship owned by Germany’s TUI Cruises, with LNG in the Adriatic Sea. The post Italy’s Edison refuels TUI Cruises newbuild with LNG in Adriatic Sea appeared first on Offshore Energy. Ajsa…
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Allseas preps for huge subsea pipeline job at Brazil’s supergiant ultra-deepwater oil field
Allseas preps for huge subsea pipeline job at Brazil’s supergiant ultra-deepwater oil field Switzerland-headquartered contractor Allseas has put the wheels into motion to get ready for its new assignment at Brazil’s second largest oil field. The post Allseas preps for huge subsea pipeline job at Brazil’s supergiant ultra-deepwater oil field appeared first on Offshore Energy.…
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Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility?
Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility? Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene. The…
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Next chapter of Chinese giant’s offshore project boosts super heavy oil development
Next chapter of Chinese giant’s offshore project boosts super heavy oil development Chinese state-owned oil and gas giant CNOOC has kick-started production from the second phase of its oilfield development project in the Bohai Sea. The post Next chapter of Chinese giant’s offshore project boosts super heavy oil development appeared first on Offshore Energy. Melisa…
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MSC turns to China again, orders LNG dual-fuel containership fleet
MSC turns to China again, orders LNG dual-fuel containership fleet Swiss container shipping giant MSC has ordered up to eight 22,000 TEU liquefied natural […] The post MSC turns to China again, orders LNG dual-fuel containership fleet appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Vår Energi selects compatriot player as its offshore flight operator
Vår Energi selects compatriot player as its offshore flight operator Norwegian oil & gas player Vår Energi has awarded compatriot company Lufttransport RW the contract for operating two new helicopters manufactured by Italy’s Leonardo. The post Vår Energi selects compatriot player as its offshore flight operator appeared first on Offshore Energy. Dragana Nikše Go to…
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Heerema’s heavy lift vessel carrying ‘engineering marvel’ to enhance production from Ichthys
Heerema’s heavy lift vessel carrying ‘engineering marvel’ to enhance production from Ichthys Inpex has confirmed the setting of the stage for a miles-long journey, which Heerema Marine Contractors and its heavy lift vessel will undertake to bring a liquefied natural gas (LNG) booster compression module (BCM) from Indonesia to Australian waters, where it will be…
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Centrica to supply Petrobras with LNG until 2040s
Centrica to supply Petrobras with LNG until 2040s Brazil’s state-owned energy giant Petrobras has signed a long-term purchase and sale agreement for liquefied natural gas (LNG) with the U.K.-based energy company Centrica. The post Centrica to supply Petrobras with LNG until 2040s appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Cargill, Hafnia set up new bunker company
Cargill, Hafnia set up new bunker company Cargill Ocean Transportation, part of American agricultural products giant Cargill, and Singapore-based tanker shipping company Hafnia have decided to create Seascale Energy “to accelerate the transformation of marine fuel procurement services”. The post Cargill, Hafnia set up new bunker company appeared first on Offshore Energy. Naida Hakirevic Prevljak…
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NKT patches up UK-Netherlands cross-border interconnector after power outage
NKT patches up UK-Netherlands cross-border interconnector after power outage Following a power outage, NKT has restored to working order a cross-border interconnector, which connects the electricity markets of the UK and the Netherlands via subsea cable. The post NKT patches up UK-Netherlands cross-border interconnector after power outage appeared first on Offshore Energy. Melisa Cavcic Go to…
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Eidesvik, Agalas, Reach Subsea order new jointly owned construction support vessel
Eidesvik, Agalas, Reach Subsea order new jointly owned construction support vessel Three Norway-based offshore energy vessel and service providers, Eidesvik, Agalas and Reach Subsea, are […] The post Eidesvik, Agalas, Reach Subsea order new jointly owned construction support vessel appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs
Valaris pensions off semi-sub trio, offloads jack-up, and picks up new drilling work for multiple rigs Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning…
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Shipping colossals deepen ties with India amid growing maritime ambitions
Shipping colossals deepen ties with India amid growing maritime ambitions French container shipping heavyweight CMA CGM, along with Denmark’s A.P. Moller–Maersk and Switzerland’s Mediterranean […] The post Shipping colossals deepen ties with India amid growing maritime ambitions appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030
Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030 Wärtsilä has reinforced its ‘Set for 30’ decarbonization targets by committing to a new goal of reducing 25% of direct suppliers’ GHG emissions by 2030. The post Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030 appeared first on Offshore…
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More US LNG coming to market in mid-April with start-up of commercial ops at Calcasieu Pass
More US LNG coming to market in mid-April with start-up of commercial ops at Calcasieu Pass Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States. The post More US LNG coming to market in mid-April with…
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Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video)
Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video) Norwegian shipping company Rem Offshore has held the steel cutting ceremony for its second […] The post Steel cut for Rem Offshore’s second methanol-ready energy subsea construction vessel (Video) appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Crown LNG expanding gas market horizons across India thanks to deal with local trading player
Crown LNG expanding gas market horizons across India thanks to deal with local trading player Crown LNG has joined forces with India Gas Exchange (IGX) to work together on LNG sales to pipeline customers downstream from the firm’s planned LNG import terminal in Kakinada, India. The post Crown LNG expanding gas market horizons across India…
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Louisiana’s LNG terminal becomes first export project to get US blessing after freeze
Louisiana’s LNG terminal becomes first export project to get US blessing after freeze Kimmeridge has secured a green light for its proposed 9.5 million tons per annum (mtpa) liquefied natural gas (LNG) export terminal project on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish,…
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MMMCZCS: Ammonia’s rise in shipping demands major workforce overhaul
MMMCZCS: Ammonia’s rise in shipping demands major workforce overhaul The maritime industry is facing a ‘significant’ workforce challenge as ammonia’s momentum as a […] The post MMMCZCS: Ammonia’s rise in shipping demands major workforce overhaul appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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HARPOONERS consortium to boost ship electrification via onboard ESS
HARPOONERS consortium to boost ship electrification via onboard ESS Thirteen members of the HARPOONERS consortium intend to develop an onboard energy storage system that will reduce CO2 emissions. The post HARPOONERS consortium to boost ship electrification via onboard ESS appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza
Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza Offshore Energy spoke with Madoqua’s Chief Commercial Officer, Marloes Ras, about the current challenges and opportunities that could drive forward the adoption of green fuels in the maritime industry. The post Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza appeared first…
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SBM Offshore gets carbon capture modular solution study for FPSOs on Petrobras’ oil & gas assets
SBM Offshore gets carbon capture modular solution study for FPSOs on Petrobras’ oil & gas assets SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been tasked with a study encapsulating the design and the commercial evaluation of various carbon capture systems’ configurations to be installed on future floating…
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Diversification of Dutch gas supply key to avoiding geopolitical pressure, says local player
Diversification of Dutch gas supply key to avoiding geopolitical pressure, says local player According to the Netherlands-headquartered Traffic Family, the country needs to diversify its gas supply to boost energy security and decrease its susceptibility to geopolitical pressure. The post Diversification of Dutch gas supply key to avoiding geopolitical pressure, says local player appeared first…
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Balmoral Comtec enters agreement for Korea’s 750 MW floating wind project
Balmoral Comtec enters agreement for Korea’s 750 MW floating wind project Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with […] The post Balmoral Comtec enters agreement for Korea’s 750 MW floating wind project appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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Port of Emden gets its first container wind turbine
Port of Emden gets its first container wind turbine Niedersachsen Ports, an operator of state-owned ports in Lower Saxony, Germany, has unveiled the first container wind turbine to be operated in the Port of Emden. The post Port of Emden gets its first container wind turbine appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…
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Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan
Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of…
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Brazil in for busy summer with new oil & gas round
Brazil in for busy summer with new oil & gas round Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has disclosed the date for the country’s next oil and gas bidding round. The post Brazil in for busy summer with new oil & gas round appeared first on Offshore Energy. Dragana Nikše Go…
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Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale
Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale Brazil’s state-owned oil and gas titan Petrobras has tapped into the Asian bunker market, […] The post Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery)
Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery) Woodfibre Management, a privately held Canadian company based in Vancouver, is going full steam ahead with foundation and marine piling work to breathe life into its operated $5.1 billion liquefied natural gas (LNG) export project. The post Canada’s net-zero LNG export terminal taking…
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MOL invests in US developer of e-fuels
MOL invests in US developer of e-fuels Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels. The post MOL invests in US developer of e-fuels appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…
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New York greenlights Equinor’s Empire Wind 1 transmission facilities
New York greenlights Equinor’s Empire Wind 1 transmission facilities Equinor has been granted approval by the New York State Public Service Commission (NYPSC) […] The post New York greenlights Equinor’s Empire Wind 1 transmission facilities appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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New partnership looking into sustainable propulsion technologies
New partnership looking into sustainable propulsion technologies Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems. The post New partnership looking into sustainable propulsion technologies appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Evergreen splashes out $3 billion on new LNG dual-fuel containerships
Evergreen splashes out $3 billion on new LNG dual-fuel containerships Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards. The post Evergreen splashes out $3 billion on new LNG dual-fuel containerships appeared first on Offshore Energy. Ajsa Habibic Go…
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Transocean rig trio’s ongoing drilling gigs get an encore
Transocean rig trio’s ongoing drilling gigs get an encore Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia. The post Transocean rig trio’s ongoing drilling gigs get an encore appeared first on Offshore Energy. Melisa Cavcic…
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P2X Solutions’ hydrogen plant in Finland starts commercial operations
P2X Solutions’ hydrogen plant in Finland starts commercial operations P2X Solutions has launched commercial operations of green hydrogen at its production plant in Harjavalta, Finland. The post P2X Solutions’ hydrogen plant in Finland starts commercial operations appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Trafigura buying oil from Brazilian player’s Santos Basin field
Trafigura buying oil from Brazilian player’s Santos Basin field Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field in the Santos Basin offshore Brazil. The post Trafigura buying oil from Brazilian player’s Santos Basin field appeared first…
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26 offshore blocks up for grabs in Trinidad and Tobago’s 2025 deepwater oil & gas bid round
26 offshore blocks up for grabs in Trinidad and Tobago’s 2025 deepwater oil & gas bid round Trinidad and Tobago has initiated its new bidding round to boost hydrocarbon exploration and production in this Caribbean twin-island country located off the northern edge of the South American mainland. The post 26 offshore blocks up for grabs…
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Liquid Wind to develop another e-fuel facility in Sweden
Liquid Wind to develop another e-fuel facility in Sweden Swedish e-fuel plant developer Liquid Wind has announced a new e-fuel facility project in Sweden. The post Liquid Wind to develop another e-fuel facility in Sweden appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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FSRU gig at one of Germany’s LNG terminals cut short over pricing issues
FSRU gig at one of Germany’s LNG terminals cut short over pricing issues Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran. The post FSRU gig at one of Germany’s…
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Upcoming ops in Namibia, Angola, Nigeria, and Libya mark oil & gas drilling hotspots across Africa
Upcoming ops in Namibia, Angola, Nigeria, and Libya mark oil & gas drilling hotspots across Africa African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has shed more light on the ongoing and anticipated high-impact drilling campaigns in Namibia, Angola, Nigeria, and Libya. The post Upcoming ops in Namibia,…
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Equatorial Guinea launching new oil & gas licensing round after six years
Equatorial Guinea launching new oil & gas licensing round after six years Equatorial Guinea’s Ministry of Mines and Hydrocarbons is set to launch a new oil and gas licensing round to up the country’s offshore exploration and production ante. The post Equatorial Guinea launching new oil & gas licensing round after six years appeared first…
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Net-zero quest: South Korea, Australia to create green shipping corridor
Net-zero quest: South Korea, Australia to create green shipping corridor South Korea and Australia have decided to establish a green shipping corridor to support international shipping’s zero-emission goals and create an environment for eco-friendly fuel supply. The post Net-zero quest: South Korea, Australia to create green shipping corridor appeared first on Offshore Energy. Naida Hakirevic…
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Chinese firm scores offshore multimillion-dollar job for Eni’s LNG project
Chinese firm scores offshore multimillion-dollar job for Eni’s LNG project Eni has hired China’s Hilong Group’s Hilong Offshore Engineering to handle the second phase of the offshore transportation and installation works for its liquefied natural gas (LNG) project off the coast of Congo, Africa. The post Chinese firm scores offshore multimillion-dollar job for Eni’s LNG…
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Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030
Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030 Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could…
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DNV completes independent review of Minesto’s Dragon-class technology
DNV completes independent review of Minesto’s Dragon-class technology Norway-based classification society DNV has completed an independent technical review of Minesto’s Dragon-class technology, […] The post DNV completes independent review of Minesto’s Dragon-class technology appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Wagenborg: ‘World’s first’ CO2 carrier reaches major construction milestone
Wagenborg: ‘World’s first’ CO2 carrier reaches major construction milestone Dutch shipowner and operator Royal Wagenborg has shared a major milestone in constructing what is described as “the world’s first CO2 carrier”. The post Wagenborg: ‘World’s first’ CO2 carrier reaches major construction milestone appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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BP tackling production decline at ‘largest and most prolific’ oil field offshore India
BP tackling production decline at ‘largest and most prolific’ oil field offshore India BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters. The post BP tackling production decline at ‘largest and most prolific’ oil field offshore…
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Eni rebuts Exmar’s FLNG bonus entitlement claim
Eni rebuts Exmar’s FLNG bonus entitlement claim Eni has refuted the conclusions drawn by Exmar, concerning the latter’s bonus expectations based on the production data for a floating liquefied natural gas (FLNG) unit the firm sold to the Italian player. The post Eni rebuts Exmar’s FLNG bonus entitlement claim appeared first on Offshore Energy. Melisa…
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Klaipėda Port kicks off quay electrification project
Klaipėda Port kicks off quay electrification project The Port of Klaipėda in Lithuania has begun installing the required infrastructure to supply […] The post Klaipėda Port kicks off quay electrification project appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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First LNG produced at BP’s huge project offshore West Africa
First LNG produced at BP’s huge project offshore West Africa First liquified natural gas (LNG) production has been achieved at a gas development offshore Mauritania and Senegal operated by the UK’s energy giant BP. The post First LNG produced at BP’s huge project offshore West Africa appeared first on Offshore Energy. Dragana Nikše Go to…
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Singapore’s Strategic Marine to build survey vessel for Australian firm
Singapore’s Strategic Marine to build survey vessel for Australian firm Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it […] The post Singapore’s Strategic Marine to build survey vessel for Australian firm appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Alaska’s LNG terminal shaking off years-long stasis with revamp to stave off gas shortages
Alaska’s LNG terminal shaking off years-long stasis with revamp to stave off gas shortages Three players have signed on the dotted line to enable an existing liquefied natural gas (LNG) terminal in Nikiski on Alaska’s Kenai Peninsula to change hands and be given a kiss of life through redevelopment, which will unleash new flows of…
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EnEarth secures millions in EU funding for Prinos CO2 project
EnEarth secures millions in EU funding for Prinos CO2 project The European Commission has earmarked a €~120 million CEF grant to support the development of a liquified CO2 receiving terminal at Prinos Carbon Storage located in the north of Greece. The post EnEarth secures millions in EU funding for Prinos CO2 project appeared first on…
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Spanish Avalon to invest €8 billion in hydrogen and derivatives projects
Spanish Avalon to invest €8 billion in hydrogen and derivatives projects Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locations distributed between the provinces of Jaén, Huelva, Cádiz and Málaga. The post Spanish Avalon to invest €8 billion in hydrogen and…
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Nigerian offshore fields reach new decarbonization heights with 96% cut in routine gas flaring
Nigerian offshore fields reach new decarbonization heights with 96% cut in routine gas flaring The Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated gas (AG) from two shallow-water oil and gas fields located off the coast of Nigeria. The post Nigerian offshore fields reach new…
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New funding to drive development of Halifax-Hamburg green shipping corridor
New funding to drive development of Halifax-Hamburg green shipping corridor The Halifax Port Authority has been awarded funding of up to C$22.5 million (about $15.7 million) from Transport Canada to accelerate the development of the Halifax-Hamburg green shipping corridor and prepare the port for the fuels and energy sources of the future. The post New…
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Australia’s NH3 Clean Energy advances flagship ammonia project
Australia’s NH3 Clean Energy advances flagship ammonia project Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project. The post Australia’s NH3 Clean Energy advances flagship ammonia project appeared first on Offshore Energy. Aida Čučuk Go…
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TotalEnergies begins drilling first of two planned oil prospects offshore Namibia
TotalEnergies begins drilling first of two planned oil prospects offshore Namibia After discovering more black gold resources in Namibia’s Orange Basin, TotalEnergies has moved to the next well on its drilling agenda in the African country. The post TotalEnergies begins drilling first of two planned oil prospects offshore Namibia appeared first on Offshore Energy. Melisa…
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Seaway7 awards trenching services contract to Helix Robotics
Seaway7 awards trenching services contract to Helix Robotics Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract […] The post Seaway7 awards trenching services contract to Helix Robotics appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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New tech from two Scandinavian firms to cut wave energy converter cost and mass
New tech from two Scandinavian firms to cut wave energy converter cost and mass Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) […] The post New tech from two Scandinavian firms to cut wave energy converter cost and mass appeared first on Offshore Energy. Zerina Maksumic Go to offshore…
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Economou’s TMS Group to splash up to $1.4B on LNG dual-fuel containership fleet
Economou’s TMS Group to splash up to $1.4B on LNG dual-fuel containership fleet Greek magnate George Economou-led TMS Group has ordered up to ten 11,400 TEU environmentally friendly containerships in China. The post Economou’s TMS Group to splash up to $1.4B on LNG dual-fuel containership fleet appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…
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Legal spat over rig contract breach nearing its end with Seadrill ordered to pay SFL $48 million
Legal spat over rig contract breach nearing its end with Seadrill ordered to pay SFL $48 million A court order is bringing a legal battle over an alleged contract breach to a close by instructing Bermuda-headquartered offshore drilling contractor Seadrill to pay a multimillion-dollar compensation to the owner of a semi-submersible rig, which was hired…
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McDermott completes east Malaysia deepwater project ahead of schedule
McDermott completes east Malaysia deepwater project ahead of schedule U.S.-headquartered offshore engineering and construction player McDermott has completed offshore installation and commissioning activities […] The post McDermott completes east Malaysia deepwater project ahead of schedule appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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SOCAR coming aboard Chevron’s gas field offshore Israel
SOCAR coming aboard Chevron’s gas field offshore Israel Chevron Mediterranean Limited, a subsidiary of the U.S.-headquartered oil major Chevron, is getting a […] The post SOCAR coming aboard Chevron’s gas field offshore Israel appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz