Latest News - page 351


VAALCO Clear to Develop Block P Offshore Equatorial Guinea

Mar 25, 2024

VAALCO Energy on Monday announced it has been given the green light to develop, operate and begin producing from the discovery in Venus-Block P project offshore Equatorial Guinea.The U.S.-based independent energy company said all partners have…

Verlume and SeaTwirl Ink MoU

Mar 25, 2024

UK-based offshore intelligent energy management and energy storage specialist firm Verlume reports it has signed a memorandum of understanding (MOU with Swedish energy-tech company SeaTwirl to collaborate around electrification of offshore assets and decarbonization of the oil and gas industry…

Fourth CTV Launched for WindServe Marine

Mar 25, 2024

Senesco Marine held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Explorer.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part of the Reinauer Group—will operate the CTV to serve the U…

New CTV Ordered for Polish Offshore Wind Sector

Mar 25, 2024

Singaporean shipbuilder Strategic Marine reports it has secured an order to construct a newbuild crew transfer vessel (CTV) for the Polish offshore wind sector.The order comes from LOTOS Petrobaltic S.A., an ORLEN Group company, and will see…

Norway Approves Ammonia Bunkering Terminal

Mar 25, 2024

The Norwegian Directorate for Civil Protection gave their approval to the construction of the planned ammonia bunkering facility at Fjord Base in Florø, Norway.The planned terminal consists of a floating stationary barge with a capacity of 1…

Fugro Pioneer Converts to Green Methanol

Mar 25, 2024

Fugro Pioneer is ready to be equipped with methanol engines after successfully converting the main components on board, the company reports, a plank in its path to reach Net-Zero operations by 2035.The geophysical vessel was converted in the…

QatarEnergy Inks Nakilat Deal for Operation of 25 LNG Ships

Mar 25, 2024

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25, 174,000 cubic meter LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG Fleet Expansion Program…

Esgian Week 12 Report: New Finds in Guyana, China and Norway

Mar 24, 2024

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…

BOEM Announces Review of Proposed Vineyard Northeast Project

Mar 24, 2024

The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeast’s proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point.  BOEM estimates the proposed project would generate up to 2…

US Revises Tax Credit Rule to Help Offshore Wind Projects

Mar 24, 2024

The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment.The revision…

Woodside Seeks Better Terms to Develop Trinidad's Calypso Gas Project

Mar 24, 2024

Australian oil and gas producer Woodside Energy would like to see improved fiscal terms from the Trinidad and Tobago government before committing to develop a deepwater natural gas project there, CEO Meg O'Neill told Reuters this week.The Caribbean…

German Wind Sector Welcomes Offshore Terminal Funding

Mar 24, 2024

The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.In a statement late Friday, the foundation said it welcomed…

Japan Chooses Consortium for Offshore Wind Farm in Akita

Mar 22, 2024

The Japanese government said on Friday it had selected a consortium comprising Japan Renewable Energy, Iberdrola Renewables and Tohoku Electric Power as the wind power operator for an offshore block tendered in a second round of public auctions…

Leaky Platforms: Pemex Knocked for Delayed Repairs, "Vast" Methane Leaks

Mar 22, 2024

Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure.New data…

Exxon Mobil Continues to Ramp Up LNG Portfolio

Mar 22, 2024

Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own gas rather than trading that of third parties, said Peter Clarke…

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