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Green Ships ePSV to Feature Amogy’s Ammonia-to-power System

Mar 20, 2024

Green Ships Invest has signed a contract to purchase of Amogy’s carbon-free ammonia-to-electrical power systems for a fleet of new environmentally friendly platform supply vessels (PSV). Green Ships, which is designing/procuring so-called ePSVs (electrical PSVs)…

OCIMF Updates Drug and Alcohol Guidelines

Mar 26, 2024

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024).The paper aims to provide general guidance and recommendations for the maritime industry (operators of tankers…

US Offshore Wind Development Could Ensure East Coast Grid Reliability

Mar 21, 2024

Offshore wind energy development presents an opportunity to add transmission capacity to the U.S. East Coast's power system that could ensure reliability for electric grid, according a study released by the U.S. Department of Energy (DOE) on Thursday…

CNOOC Makes Major Oil Discovery in Bohai Sea

Mar 18, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has made major oilfield discovery in Bohai Sea, which adds over 100 million tons of oil equivalent proved in-place volume.The field, Qinhuangdao 27-3, is located in the north-central waters of the Bohai Sea…

Eni to Develop Separate Energy Transition Units

Mar 14, 2024

Italy's Eni said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals, adding to already existing renewable energy and biofuel subsidiaries.The four units would eventually attract…

Exxon Signals Potential Counter Offer for Hess's Guyana Assets

Mar 06, 2024

Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.The arbitration case seeks to…

Hess Says Reviewing Timeline for Closing of Chevron Deal

Mar 07, 2024

U.S. oil producer Hess said on Thursday it was reviewing the timeline for closing its merger with Chevron, after oil major Exxon Mobil signaled a potential counter offer for Hess's Guyana assets.Exxon on Wednesday filed a contract arbitration…

Ramboll to Support Development of Renewable Energy Hub in Adriatic Sea

Mar 04, 2024

Danish engineering group Ramboll has been selected by Italian company Agnes to deliver advisory and technical support for a 600MW offshore wind project in the Adriatic Sea, that will also feature floating solar units, battery storage and hydrogen production plant…

Viaro Energy Receives NSTA License Approval for Bressay Oil Field

Mar 07, 2024

UK-based Viaro Energy has received regulatory from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field license, following the recently completed acquisition agreement with EnQuest. Under the terms of the sales and purchase agreement…

Bangladesh to Invite Bids for Offshore Oil and Gas Exploration

Mar 05, 2024

Bangladesh will invite international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal on March 10 in an effort to boost domestic energy production, the chairman of state-owned Petrobangla told Reuters on Tuesday.Bangladesh has been battling with energy shortages…

Norway Gives Production Go-Ahead for Aker BP-Operated Hanz Field

Feb 27, 2024

The Norwegian authorities have approved the start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea.The development solution involves reusing the subsea installations on the Jette field, which was shut down in 2016…

EU Partners Join Forces to Bring Offshore Solar to GW-Scale

Feb 20, 2024

An EU joint industry project, bringing together 16 partners, has been launched with the aim of scaling up the standard format of offshore solar to 150 MW and enable the development of GW-scale renewable energy farms.The project, dubbed BAMBOO…

Valeura Buys Nong Yao Field’s FSO Aurora and Expands Wassana Drilling Campaign

Feb 13, 2024

Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…

Eidesvik-Agalas JV to Build New IMR Vessel on Charter with Reach Subsea

Feb 19, 2024

Eidesvik Offshore, together with Norwegian shipowner Agalas, has entered into an agreement to build a new construction support vessel (CSV), which is on charter with Reach Subsea.The newbuild will be equipped to perform inspection, maintenance…

Vår Energi Comes Up Dry in Norwegian North Sea

Feb 14, 2024

Norwegian oil and gas company Vår Energi has drilled two wells in the North Sea offshore Norway, both of which were dry.The wells 25/7-12 S and A, were drilled in production license 917, 200 kilometers northwest of Stavanger, that was awarded in 2017…

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