Tag: offshore energy biz
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With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE
With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE Marine fuels supplier Monjasa has completed the UAE’s first LNG bunkering operation. The post With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy…
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Galp looking for new leader as CEO steps down ‘for family reasons’
Galp looking for new leader as CEO steps down ‘for family reasons’ Chief Executive Officer (CEO) and Vice-president of the board of directors of Portugal’s oil and gas company Galp has tendered his resignation from both positions. The post Galp looking for new leader as CEO steps down ‘for family reasons’ appeared first on Offshore…
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Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept
Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines. The post Levelling up maritime…
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First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion
First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which…
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PM wants Vietnam’s first LNG power plants online by June as delays loom
PM wants Vietnam’s first LNG power plants online by June as delays loom Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation. The post PM wants…
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Phased FPSO restart underway as COSL prepares to drill next well in North Sea
Phased FPSO restart underway as COSL prepares to drill next well in North Sea Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS). The post Phased FPSO restart underway as…
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Axess wins cable installation contract for 50Hertz German grid connection project
Axess wins cable installation contract for 50Hertz German grid connection project Axess Technologies has been awarded a cable installation contract by Greece-headquartered Hellenic Cables for […] The post Axess wins cable installation contract for 50Hertz German grid connection project appeared first on Offshore Energy. Adnan Memija Go to offshore energy biz
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SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts
SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and…
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Interim CEO takes the helm at Trillion as previous one retires
Interim CEO takes the helm at Trillion as previous one retires Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director. The post Interim CEO takes the helm at Trillion…
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JLR signs up for UECC’s initiative to reduce emissions through bioLNG use
JLR signs up for UECC’s initiative to reduce emissions through bioLNG use United European Car Carriers (UECC) has added luxury vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport, enabling the former to achieve sustainability goals in its global logistics chain. The post JLR signs up for UECC’s initiative…
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Ane Maersk powers up with green methanol in Shanghai
Ane Maersk powers up with green methanol in Shanghai Shanghai International Port Group’s (SIPG) bunkering ship Hai Gang Zhi Yuan has supplied 3,000 […] The post Ane Maersk powers up with green methanol in Shanghai appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda
Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix. The post Biden’s US offshore oil & gas drilling…
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Work forging ahead to increase output at Canadian player’s Black Sea gas field
Work forging ahead to increase output at Canadian player’s Black Sea gas field Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye. The post Work forging ahead to increase output at Canadian…
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H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka
H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka. The post H2Carrier, Greenstat to work on hydrogen and ammonia…
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Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project
Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project Nortrans has found a job for a 2015-built maintenance and support unit, which is part of its managed fleet. The post Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project appeared first on Offshore Energy. Melisa Cavcic Go to offshore…
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Royal Caribbean links up with CPN for B24 biofuel delivery
Royal Caribbean links up with CPN for B24 biofuel delivery Cruise holding company Royal Caribbean Group has teamed up with bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) for B24 marine biofuel delivery in Hong Kong. The post Royal Caribbean links up with CPN for B24 biofuel delivery appeared first on Offshore Energy. Ajsa Habibic Go…
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Key things to watch for hydrogen in 2025, according to WoodMac
Key things to watch for hydrogen in 2025, according to WoodMac The pace for the low-carbon-hydrogen and ammonia sectors is set to pick up in 2025, with key themes to watch for including the rise of blue hydrogen in the U.S., a giga-scale green project reaching FID, increased deployment of Chinese electrolyzers, the persistent mismatch…
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Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025
Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025 The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels. The post Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025…
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Zinus welcomes $4 million investment to boost shore power solutions
Zinus welcomes $4 million investment to boost shore power solutions Singapore’s Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have become shareholders in shore power solutions provider Zinus through joint investment. The post Zinus welcomes $4 million investment to boost shore power solutions appeared first on Offshore Energy. Ajsa Habibic Go…
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Offshore Energy’s top five hydrogen stories of 2024
Offshore Energy’s top five hydrogen stories of 2024 Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbonize hard-to-abate sectors and provide a sustainable energy source.…
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BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa
BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa. …
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WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task
WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a…
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After Baker Hughes another US firm lands job on Louisiana LNG
After Baker Hughes another US firm lands job on Louisiana LNG Chart Industries has been selected to supply some of the required pieces to complete a proposed liquefied natural gas (LNG) terminal puzzle in Louisiana, United States. The post After Baker Hughes another US firm lands job on Louisiana LNG appeared first on Offshore Energy.…
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American LNG project cheers 800th cargo milestone
American LNG project cheers 800th cargo milestone A liquefied natural gas (LNG) export project in Texas, United States (U.S.), has marked the shipment of 800 cargos. The post American LNG project cheers 800th cargo milestone appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Noble rig lines up new drilling gig offshore Australia
Noble rig lines up new drilling gig offshore Australia Noble Corporation has landed a new assignment for one of its semi-submersible rigs off the coast of Australia. The post Noble rig lines up new drilling gig offshore Australia appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals
Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing liquefied natural…
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Fresh oil & gas-condensate discovery comes to light in Namibia
Fresh oil & gas-condensate discovery comes to light in Namibia Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appraisal (E&A) program in license PEL 83 off the coast of Namibia. The post Fresh oil & gas-condensate discovery comes to light in Namibia…
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Ukraine welcomes first US LNG cargo
Ukraine welcomes first US LNG cargo Ukraine’s DTEK Group has taken delivery of its first liquefied natural gas (LNG) shipment from the United States which is expected to bolster the country’s energy security. The post Ukraine welcomes first US LNG cargo appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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LS Cable & System, Jan De Nul, and Denys to supply cables for TenneT’s German grid connection project
LS Cable & System, Jan De Nul, and Denys to supply cables for TenneT’s German grid connection project A consortium comprising LS Cable & System, Jan De Nul, and Denys has received […] The post LS Cable & System, Jan De Nul, and Denys to supply cables for TenneT’s German grid connection project appeared first…
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PSA Singapore sets record container throughput
PSA Singapore sets record container throughput On 24 December, Singaporean port operator PSA Singapore (PSA) reached a significant milestone, having handled over 40 million TEUs in 2024. The post PSA Singapore sets record container throughput appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Noble rig scores multi-well drilling gig offshore Suriname
Noble rig scores multi-well drilling gig offshore Suriname Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-submersible rig, currently stationed in Trinidad and Tobago. The post Noble rig scores multi-well drilling gig offshore Suriname appeared first on Offshore Energy. Melisa Cavcic Go to offshore…
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Subsea7 expands its scope for giant Black Sea gas project with IRM services
Subsea7 expands its scope for giant Black Sea gas project with IRM services Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide […] The post Subsea7 expands its scope for giant Black Sea gas project with IRM services appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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FuelEU implementation to be postponed in Norway and Iceland
FuelEU implementation to be postponed in Norway and Iceland The FuelEU Maritime regulation, set to enter force January 1, 2025, will face delays […] The post FuelEU implementation to be postponed in Norway and Iceland appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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New York fires $75 billion shot for Big Oil to foot the landmark climate ‘superfund’ bill
New York fires $75 billion shot for Big Oil to foot the landmark climate ‘superfund’ bill As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by establishing a new climate fund, described as landmark legislation to strengthen…
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Rex ending the year with corporate restructuring to pursue growth opportunities
Rex ending the year with corporate restructuring to pursue growth opportunities Masirah Oil, an affiliate of Singapore’s oil exploration and production company Rex International Holding, has repurchased some shares from its wholly-owned subsidiary, Rex Oman. The post Rex ending the year with corporate restructuring to pursue growth opportunities appeared first on Offshore Energy. Dragana Nikše…
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Prysmian secures gender equality certification from RINA
Prysmian secures gender equality certification from RINA Italy-headquartered cable systems giant Prysmian has obtained certification for gender equality, awarded by RINA, […] The post Prysmian secures gender equality certification from RINA appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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Africa’s ‘first net zero emission upstream project’ starts its next oil & gas chapter
Africa’s ‘first net zero emission upstream project’ starts its next oil & gas chapter Eni has kicked off production from the second stage of its oil and gas development off the coast of Côte d’Ivoire, which is said to be the largest discovery in this country and the first net-zero upstream project, in terms of Scope 1…
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Seadrill closing benign jack-up chapter with sale of eight-year stacked rig
Seadrill closing benign jack-up chapter with sale of eight-year stacked rig Seadrill has bid farewell to a jack-up rig that spent eight years out of work. The divestment is perceived as an enabler of the firm’s strategy to leave the benign jack-up market. The post Seadrill closing benign jack-up chapter with sale of eight-year stacked rig…
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Estlink 2 damage not considered an accident, Estonia’s minister says as navy protects sister link
Estlink 2 damage not considered an accident, Estonia’s minister says as navy protects sister link Estonia’s Defense Forces launched a naval operation early today to protect the Estlink 1 […] The post Estlink 2 damage not considered an accident, Estonia’s minister says as navy protects sister link appeared first on Offshore Energy. Nadja Skopljak Go…
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Second LNG-powered LCO2 carrier handed over to Northern Lights JV
Second LNG-powered LCO2 carrier handed over to Northern Lights JV Northern Pathfinder, the second LNG-powered LCO2 carrier that will service the Northern Lights, has been delivered. The post Second LNG-powered LCO2 carrier handed over to Northern Lights JV appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source
Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source France-based Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration and part […] The post Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source appeared first on Offshore Energy. Nadja Skopljak Go…
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Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks
Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer. The post Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks appeared first on Offshore Energy.…
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Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana
Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned…
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Noble drillship set to embark on Gulf of Mexico drilling job next month
Noble drillship set to embark on Gulf of Mexico drilling job next month U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships. The post Noble drillship set to embark on Gulf of Mexico drilling job next month appeared first on Offshore Energy. Melisa…
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Pre-construction work underway at East Anglia Three offshore wind farm site
Pre-construction work underway at East Anglia Three offshore wind farm site A pre-installation survey at the East Anglia Three offshore wind farm site is scheduled […] The post Pre-construction work underway at East Anglia Three offshore wind farm site appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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‘First-ever’ blue bond in MENA region sees light of day
‘First-ever’ blue bond in MENA region sees light of day Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming […] The post ‘First-ever’ blue bond in MENA region sees light of day appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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France experiences wind propulsion boom in 2024
France experiences wind propulsion boom in 2024 The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed. The post France experiences wind propulsion boom in 2024 appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz
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Canada’s $4 billion LNG project facing another legal challenge
Canada’s $4 billion LNG project facing another legal challenge Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development. The post Canada’s $4 billion LNG project facing…
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Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear
Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable it to bring online a new well off the coast of Australia to bolster gas production from existing assets. The post Santos’…
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Gazprom greenlights $15 billion investment plan to bolster gas production capacity
Gazprom greenlights $15 billion investment plan to bolster gas production capacity Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post Gazprom greenlights $15…
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Viridien, TGS complete OBN survey in ‘mature region’ of North Sea
Viridien, TGS complete OBN survey in ‘mature region’ of North Sea Joint venture partners Viridien, previously known as CGG, and TGS have completed the multi-client […] The post Viridien, TGS complete OBN survey in ‘mature region’ of North Sea appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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First oil flows from CNOOC’s project offshore China
First oil flows from CNOOC’s project offshore China CNOOC has begun oil production from a development project in Liaodong Bay of Bohai Sea off the coast of China. The post First oil flows from CNOOC’s project offshore China appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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TotalEnergies prolongs rig’s drilling job offshore Africa
TotalEnergies prolongs rig’s drilling job offshore Africa TotalEnergies has given more work to a semi-submersible rig owned by Northern Ocean (NOL) and managed by Odfjell Drilling. The post TotalEnergies prolongs rig’s drilling job offshore Africa appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Biodiesel surges ahead in confidence as shipping industry weighs maritime fuel options
Biodiesel surges ahead in confidence as shipping industry weighs maritime fuel options Biodiesel has topped the poll of the second edition of the Sustainable Maritime Fuel […] The post Biodiesel surges ahead in confidence as shipping industry weighs maritime fuel options appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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FORCE Technology and AOS join forces to advance offshore services in Australia
FORCE Technology and AOS join forces to advance offshore services in Australia FORCE Technology Norway and Singapore’s Asia Offshore Solutions (AOS) have entered into a strategic […] The post FORCE Technology and AOS join forces to advance offshore services in Australia appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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EPS and FueLNG reach new LNG bunkering milestone
EPS and FueLNG reach new LNG bunkering milestone Singapore’s Eastern Pacific Shipping (EPS) and FueLNG have hit a new LNG bunkering milestone by completing their 300th ship-to-ship (STS) operations. The post EPS and FueLNG reach new LNG bunkering milestone appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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Petrobras terminates sale of two oil & gas fields offshore Brazil
Petrobras terminates sale of two oil & gas fields offshore Brazil Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas […] The post Petrobras terminates sale of two oil & gas fields offshore Brazil appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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Yang Ming unveils new boxship fleet order at year end
Yang Ming unveils new boxship fleet order at year end Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to order up to thirteen environmentally friendly 8,000 TEU to 15,000 TEU containerships. The post Yang Ming unveils new boxship fleet order at year end appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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Dolphin Drilling emerges as winner in arbitration saga over rig termination deal
Dolphin Drilling emerges as winner in arbitration saga over rig termination deal Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocarbons Limited (GHL), which has been made in the Norwegian player’s favor. The post Dolphin Drilling emerges as winner in arbitration saga over rig termination deal appeared first on Offshore…
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Equinor to charter two electric hybrid newbuilds from Bergen Tankers
Equinor to charter two electric hybrid newbuilds from Bergen Tankers Norway-based shipping company Bergen Tankers and compatriot energy giant Equinor have executed a long-term time charter party for two oil/chemical tanker newbuilds with electric hybrid propulsion systems. The post Equinor to charter two electric hybrid newbuilds from Bergen Tankers appeared first on Offshore Energy. Ajsa…
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Brazil’s Brava Energia to supply two compatriot players with gas
Brazil’s Brava Energia to supply two compatriot players with gas Brazil’s oil and gas player Brava Energia has signed natural gas supply contracts with two Brazilian players. The post Brazil’s Brava Energia to supply two compatriot players with gas appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Solstad buys into Omega Subsea
Solstad buys into Omega Subsea Solstad Subsea Holding, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, is set […] The post Solstad buys into Omega Subsea appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Another newbuild REM Offshore vessel to sport Brunvoll thruster package
Another newbuild REM Offshore vessel to sport Brunvoll thruster package Norway’s Myklebust Shipyard has awarded compatriot Brunvoll with another contract for a thruster package, […] The post Another newbuild REM Offshore vessel to sport Brunvoll thruster package appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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WATCH: Heerema’s giant vessel takes Woodside’s latest decom ‘milestone’ to recycling yard
WATCH: Heerema’s giant vessel takes Woodside’s latest decom ‘milestone’ to recycling yard Woodside has made further progress in decommissioning and dismantling activities at a field off the coast of Western Australia. The post WATCH: Heerema’s giant vessel takes Woodside’s latest decom ‘milestone’ to recycling yard appeared first on Offshore Energy. Melisa Cavcic Go to offshore…
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Two South Korean titans close $100 million US shipyard acquisition
Two South Korean titans close $100 million US shipyard acquisition South Korea’s shipbuilder Hanwha Ocean and compatriot aerospace and defense company Hanwha Systems have […] The post Two South Korean titans close $100 million US shipyard acquisition appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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Danish Shipping unveils policy on biofouling management
Danish Shipping unveils policy on biofouling management Trade and employers’ association Danish Shipping has adopted a new policy on biofouling management, recommending its members to follow International Maritime Organization (IMO) guidelines, which are currently not mandatory. The post Danish Shipping unveils policy on biofouling management appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore…
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Two oil & gas firms strike trade-off deal ahead of drilling ops
Two oil & gas firms strike trade-off deal ahead of drilling ops OKEA and DNO have made arrangements to exchange partial stakes in two prospects off the coast of Norway, which are slated to be drilled with Odfjell Drilling and Transocean semi-submersible rigs. The post Two oil & gas firms strike trade-off deal ahead of…
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Nexans to link Swedish island to mainland under ‘substantial contract’
Nexans to link Swedish island to mainland under ‘substantial contract’ Nexans has secured a contract with Swedish transmission system operator (TSO) Svenska kraftnät to […] The post Nexans to link Swedish island to mainland under ‘substantial contract’ appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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TOWT: Second sailing cargo ship arrives home
TOWT: Second sailing cargo ship arrives home Artemis, a new sailing cargo ship owned by TransOceanic Wind Transport (TOWT), has reached its home port of Le Havre, France, the French sailing freight transport company shared in an update on social media. The post TOWT: Second sailing cargo ship arrives home appeared first on Offshore Energy.…
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WinGD runs X-DF-M methanol-fueled engine at full load
WinGD runs X-DF-M methanol-fueled engine at full load Swiss marine power company WinGD has run the first commercial engine at full load on more than 95% methanol fuel, reaching a milestone in realizing its X-DF-M engine design. The post WinGD runs X-DF-M methanol-fueled engine at full load appeared first on Offshore Energy. Aida Čučuk Go…
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EDF takes delivery of LNG carrier from NYK Line
EDF takes delivery of LNG carrier from NYK Line Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF). The post EDF takes delivery of LNG carrier from NYK Line appeared first on Offshore…
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SEACOR’s two new hybrid MPSVs to feature Breeze design
SEACOR’s two new hybrid MPSVs to feature Breeze design Norwegian ship design company Breeze Ship Design has been selected to provide a design of two new hybrid multipurpose offshore supply vessels (MPSVs) for the U.S. shipowner SEACOR Marine. The post SEACOR’s two new hybrid MPSVs to feature Breeze design appeared first on Offshore Energy. Naida…
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Helix vessel getting ready for Brazilian decom job with Shell at Namibia’s port
Helix vessel getting ready for Brazilian decom job with Shell at Namibia’s port Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port of Walvis Bay to prepare for its decommissioning assignment off the coast of Brazil. The post Helix vessel getting ready for Brazilian decom job with Shell…
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Mocean Energy lands £1.2M grant and almost £200K for further commercial work
Mocean Energy lands £1.2M grant and almost £200K for further commercial work Scottish wave energy company Mocean Energy has secured £140,000 (around $178,000) of further commercial […] The post Mocean Energy lands £1.2M grant and almost £200K for further commercial work appeared first on Offshore Energy. Zerina Maksumic Go to offshore energy biz
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EnQuest gets nod to boost gas production at field offshore Malaysia
EnQuest gets nod to boost gas production at field offshore Malaysia EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Exchange-listed energy player EnQuest, and its partners in a production sharing contract (PSC) offshore Malaysia have signed a letter of agreement with Petronas enabling them to develop additional gas resources at a field within the…
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SBM Offshore’s new Brazil-bound FPSO sets sail from China toward Petrobras’ giant oil field
SBM Offshore’s new Brazil-bound FPSO sets sail from China toward Petrobras’ giant oil field Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the…
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Petrobras books Constellation drillship for drilling ops in Brazilian waters
Petrobras books Constellation drillship for drilling ops in Brazilian waters Constellation Oil Services has won a new multi-year assignment off the coast of Brazil for one of the drillships in its rig fleet with the state-owned energy giant Petrobras. The post Petrobras books Constellation drillship for drilling ops in Brazilian waters appeared first on Offshore Energy.…
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Analysis: LNG dual-fuel ships are ‘the lowest’ cost option for ensuring compliance with regulations
Analysis: LNG dual-fuel ships are ‘the lowest’ cost option for ensuring compliance with regulations LNG dual-fueled vessels provide ‘the lowest’ compliance cost for meeting EU and IMO decarbonization regulations, an analysis by industry coalition SEA-LNG found. The post Analysis: LNG dual-fuel ships are ‘the lowest’ cost option for ensuring compliance with regulations appeared first on…
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Ex-PSV to join Geoquip’s fleet after makeover
Ex-PSV to join Geoquip’s fleet after makeover Geoquip Marine, a provider of offshore geotechnical solutions, has added a new vessel to […] The post Ex-PSV to join Geoquip’s fleet after makeover appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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Russian ‘shadow fleet’ tanker sinks, another runs aground in Kerch Strait
Russian ‘shadow fleet’ tanker sinks, another runs aground in Kerch Strait Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground. The post Russian ‘shadow fleet’ tanker…
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BP and ADNOC’s XRG bring new gas player into existence
BP and ADNOC’s XRG bring new gas player into existence BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt. The post BP and ADNOC’s XRG bring new gas player into existence…
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Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas
Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas Australian engineering and professional services company Worley will provide reimbursable engineering, procurement and construction (EPC) services to U.S. energy major ExxonMobil for the enabling works, infrastructure and interconnects scope of the latter’s planned low-carbon hydrogen and ammonia facility in Baytown, Texas. The post Worley…
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Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders
Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders The Nederwiek IB offshore wind site in the Netherlands, which was initially planned to […] The post Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders appeared first on Offshore Energy. Adrijana Buljan Go to offshore energy biz
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Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays
Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s…
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US oil & gas player pondering takeover of UK firm with initial talks underway
US oil & gas player pondering takeover of UK firm with initial talks underway Kosmos Energy is mulling over a potential acquisition of the UK-headquartered Tullow Oil, which is set on exploring oil and gas resources in Africa. The post US oil & gas player pondering takeover of UK firm with initial talks underway appeared…
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Poseidon Principles: Global shipping finance portfolio nears alignment with 2050 net zero goals
Poseidon Principles: Global shipping finance portfolio nears alignment with 2050 net zero goals Prompted by the continued growth of climate transparency from financial institutions, the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonization trajectories set by the International Maritime Organization (IMO), aiming to remove emissions from international shipping by 2050.…
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MSC urged to align operations with global standards amid environmental violations
MSC urged to align operations with global standards amid environmental violations One of the world’s largest container shipping companies, Switzerland’s Mediterranean Shipping Company (MSC), has […] The post MSC urged to align operations with global standards amid environmental violations appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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British firm buying into Orcadian’s North Sea assets, with eyes on ‘zero carbon energy’ development
British firm buying into Orcadian’s North Sea assets, with eyes on ‘zero carbon energy’ development UK-headquartered oil and gas player Orcadian Energy has inked two deals with compatriot power developer and operator of power plants, the Independent Power Corporation (IPC), and its affiliates. The post British firm buying into Orcadian’s North Sea assets, with eyes…
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Aker BP bites the dust in North Sea well
Aker BP bites the dust in North Sea well Aker BP has found no hydrocarbons at a well in the North Sea off the coast of Norway. One of Odfjell Drilling’s semi-submersible rigs was in charge of drilling operations. The post Aker BP bites the dust in North Sea well appeared first on Offshore Energy.…
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Oman set to launch third green hydrogen tender in early 2025
Oman set to launch third green hydrogen tender in early 2025 Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, has unveiled plans to launch the third round of public bidding on lands for green hydrogen projects in the first quarter of 2025. The post Oman set to launch third green hydrogen tender in early…
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Steel cut for Donsötank’s second LNG dual-fuel tanker
Steel cut for Donsötank’s second LNG dual-fuel tanker Swedish tanker shipping company Donsötank has marked the beginning of the construction of its second LNG dual-fuel chemical tanker at Wuhu Shipyard in China. The post Steel cut for Donsötank’s second LNG dual-fuel tanker appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz
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Wärtsilä clinches new cargo and fuel systems contract for Vitol’s LNG bunker newbuild
Wärtsilä clinches new cargo and fuel systems contract for Vitol’s LNG bunker newbuild Finland’s Wärtsilä Gas Solutions, part of technology giant Wärtsilä, has bagged a contract to […] The post Wärtsilä clinches new cargo and fuel systems contract for Vitol’s LNG bunker newbuild appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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New H2Med Corridor alliance to advance European hydrogen single market
New H2Med Corridor alliance to advance European hydrogen single market Companies from France, Germany, Portugal and Spain have created an alliance for the H2Med Southwestern Hydrogen Corridor to advance the European hydrogen single market by connecting hydrogen production, storage and consumption projects. The post New H2Med Corridor alliance to advance European hydrogen single market appeared…
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Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman
Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, and thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, have signed a memorandum of understanding (MoU) to work together in supporting the growing green hydrogen sector in Oman, with the aim of fostering…
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US firm confirms booking of Borr Drilling rig for ops in Africa
US firm confirms booking of Borr Drilling rig for ops in Africa Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling for a jack-up rig that will carry out its 2025/2026 drilling program off the coast of Gabon, Africa. The post US firm confirms booking of Borr Drilling rig for ops in Africa appeared…