Ocean Infinity's Armada 7801 has reached Norway after a long journey from Vietnam, where its hull was built last year at the Vard Vung Tau shipyard.'Our first new ship has arrived in Norway, having set sail on its maiden voyage from Vietnam in November…
ClassNK issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI), reportedly the world's first AiP for A-FSRBs handling ammonia as cargo…
OTSC Offshore Corporation (“TSC”), a subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. has signed a memorandum of understanding with Spain-based offshore vessel and equipment design firm Offshoretronic.The MoU entails bringing together Offshoretronic's…
The Abu Dhabi National Oil Company (ADNOC) said Thursday it had allocated $15 billion (AED55 billion) to advance an array of decarbonization projects across its diversified value chain by 2030. These projects will include investments in clean power…
The Norwegian energy company Equinor has signed a strategic partnership with Germany's RWE that involves 'large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU…
Spanish renewable energy company Iberdrola has chosen Brazil as a place where it plans to install its first ever floating solar plant.The project will be built on the water surface of the Xaréu dam on the island of Fernando de Noronha, recognized by UNESCO as a World Natural Heritage Site…
DNV has given Denmark's Energinet Certificates of Conformity (CoC) for its part of the Baltic Pipe offshore project.The £2 billion (around $2.4 billion) gas pipeline is a strategic infrastructure project with the goal of creating a new gas supply corridor for the European market…
Singapore's Keppel Offshore & Marine (Keppel O&M) said Thursday it had won a contract worth around S$130 million (~$97 million) to build an offshore wind substation. The company did not say who the client was, apart from describing it as 'an international renewable energy company…
The Norwegian offshore drilling company Odfjell Drilling has, on behalf of the China-based rig owner CIMC Offshore, signed a contract with the Polish oil firm PGNiG for the Deepsea Yantai offshore drilling rig.PGNiG will use the semi-submersible drilling rig to drill one firm well…
Offshore drilling company Transocean has secured contracts and extensions worth $488 million in total for five offshore drilling rigs.In the U.S. Gulf of Mexico, the ultra-deepwater drillship Deepwater Invictus has won a 100-day, three-well contract with an unnamed independent operator…
North Sea Forties crude oil differentials were unchanged on Wednesday as Mercuria offered cargoes while BP withdrew one, all above Forties' current assessed value.Platts windowIndications are on a free-on-board (FOB) basis unless marked as cost…
Semco Maritime has appointed Tor Erik Christoffersen Managing Director of the Group’s Norwegian business. He took up the position on 1 January 2023 and will work from the offices in Bergen and Stavanger, leading Semco Maritime’s 400 colleagues…
Angolan state oil company Sonangol will keep its stakes in Portugal's Galp Energia and Millennium bcp lender as it considers them strategic assets, Sonangol CEO Sebastiao Gaspar Martins told Reuters on Wednesday.With a 19.49% stake, Sonangol…
Uruguay's state oil company ANCAP has awarded two offshore blocks to Argentina's YPF and a consortium between Shell and APA (ex-Apache). Shell and APA Corporation won the rights to Area OFF-4, where the consortium has committed to conducting 3D seismic acquisition…
Finland's Ministry of Economic Affairs and Employment (TEM) has granted Ilmatar Offshore a research permit for two offshore wind areas in Finland’s exclusive economic zone (EEZ). The areas cover approximately 700 square kilometers in total. 'In order to secure long-term value chains…