SBM Offshore has signed the project financing of FPSO Alexandre de Gusmão for a total of US$1.615 billion.The project financing is provided by a consortium of 12 international banks with insurance cover from three international export credit agencies…
Russia said on Sunday that Ukraine had made unsuccessful attempt to attack a Russian naval ship with six high-speed drone boats as the Russian vessel patrolled major natural gas pipelines in the Black Sea.The 'Priazovye' ship was carrying out…
Codling Wind Park Ltd. (Ireland) said Thursday it had received confirmation that it was a successful bidder in the first offshore wind CfD auction in Ireland (ORESS 1).The company is a 50/50 joint venture between Fred. Olsen Seawind, wholly owned by Bonheur ASA…
Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.However, risks remain after last year's…
Top down or bottom up, new technologies are helping the industry boost their leak detection and repair (LDAR) strategiesAs the world approaches 1.5°C, the presumed threshold of dangerous warming, action to reduce methane releases is seen to be a way of buying time for achieving longer term CO2 cuts…
Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…
German renewable energy company RWE said Wednesday that 40 of the 72 offshore wind turbines at what will be Denmark's largest offshore wind farm Thor will be equipped with recyclable rotor blades.The 40 SG 14-236 DD wind turbines will be equipped…
QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.The deal will be one of many to come this year as the major LNG producer secures sales for its North Field expansion project…
Russia's Defence Ministry said on Wednesday that the Russian warship Ivan Khurs had been attacked unsuccessfully by three Ukrainian uncrewed speedboats in the Black Sea, on the approaches to the Bosphorus strait.In a statement posted on Telegram…
The Kremlin on Tuesday called for the investigation into the blasts of Russia-designed Nord Stream gas pipelines to be speeded up and any results to be published. In September 2022, several unexplained underwater explosions ruptured the Nord…
Norway's Kongsberg Maritime on Tuesday showcased a new line of offshore ship designs in its UT Design portfolio. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, such as methanol…
Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…
ABB on Wednesday introduced what it said was a concept representing 'revolutionary propulsion system breaking new ground for efficiency in the marine industry, inspired by the dynamic motions of a whale’s tail.' The innovative concept is called ABB Dynafin…
Britain's Unite union on Thursday said it had signed a recognition deal with offshore operator China National Offshore Oil Corporation (CNOOC), covering around 140 workers on the Buzzard, Scott, and Golden Eagle platforms in the North Sea.CNOOC…
Equinor-operated Njord field in the Norwegian Sea will be officially opened Monday by the Norwegian minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades…
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