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Vår Energi
Business & Finance

With new acquisition, Vår Energi bolsters its CCS exploration efforts

Vår Energi has acquired Feistein CCS, which is a company focused on maturing large-scale, cost-efficient CO2 storage opportunities.

about 3 years ago
EST-Floattech’s batteries for world’s 1st fully electric event vessel
Business Developments & Projects

EST-Floattech’s batteries for world’s 1st fully electric event vessel

Dutch energy storage systems provider EST-Floattech has been contracted to provide battery system for world’s first fully electric carbon-neutral event vessel.

about 3 years ago
Source: Eco Atlantic
Business & Finance

As drilling ops await govt nod, operator boosts its stake in block off South Africa

Africa Oil Corp. has set out to increase its interest in a block it operates in the Orange Basin off South Africa.

about 3 years ago
BP joins Offshore Energy Exhibition & Conference 2023
Business & Finance

BP joins Offshore Energy Exhibition & Conference 2023

BP, a global leader in the energy industry, has confirmed its participation at Offshore Energy Exhibition & Conference (OEEC) 2023. The company will join as one of the sponsors and exhibitors on what is already becoming a very exciting exhibition floor. Moreover, BP will take part in the OEEC progra

about 3 years ago
Illustration; Source: Borr Drilling
Business & Finance

International offshore rig count activity takes a downward plunge in June

Baker Hughes’ international rig count report shows that the number of offshore rigs experienced a downward trend in June 2023.

about 3 years ago
FPSO Anna Nery together with another unit will replace the P-32 and eight more platforms at the Marlim and Voador revitalisation project; Source: Yinson
Business & Finance

Petrobras’ disposal of FPSO opens doors to Brazilian recycling industry

Petrobras has concluded the auction for the disposal of a platform in Brazil, as part of its new commitment to sustainable ship recycling.

about 3 years ago
Aquasol floating solar pilot in Colombia (Courtesy of URRÁ)
Business Developments & Projects

Colombia launches 1.52MWp floating solar pilot

A 1.52MWp solar pilot, which uses the combination of floating and ground-mounted solar panels, has been inaugurated in Colombia’s region of Córdoba.

about 3 years ago
Kitimat LNG project in Canada close to 85% complete
Business Developments & Projects

Kitimat LNG project in Canada close to 85% complete

Kitimat LNG project in Canada is close to 85% complete overall and the first cargoes are on the horizon, LNG Canada, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, has announced on its social media. While presenting the company’s mid-year update, Ja

about 3 years ago
McDermott details decommissioning win with Woodside
Business & Finance

McDermott details decommissioning win with Woodside

McDermott has revealed details about an offshore decommissioning contract it secured with Woodside Energy in May for work to be carried out in Western Australia. McDermott announced on 10 July that it had secured an engineering, procurement, and removal contract with the Australian energy giant for

about 3 years ago
Maersk: World’s 1st containership operating on green methanol delivered
Business Developments & Projects

Maersk: World’s 1st containership operating on green methanol delivered

Danish shipping giant A.P. Moller Maersk has revealed that the world’s first containership operating on green methanol has been delivered.

about 3 years ago
Shipping’s EU ETS bill could reach over €8 billion in 2026, Hecla warns
Business & Finance

Shipping’s EU ETS bill could reach over €8 billion in 2026, Hecla warns

Hecla Emissions Management, a company founded by Wilhelmsen Ship Management (WSM) and Affinity Shipping, has revealed its data that the maritime sector could be liable for €8.4 billion in 2026, taking into account the total ETS-applicable emissions.

about 3 years ago
The upgraded 'Turbine 2' for MeyGen project (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen welcomes upgraded tidal energy turbine

SIMEC Atlantis Energy has redeployed a tidal energy turbine for MeyGen project, which underwent significant upgrades to improve performance and reliability.

about 3 years ago
MOPU Ingenium; Source: Valeura Energy
Business & Finance

After incident, oil field off Thailand goes into offline mode

Valeura Energy has temporarily halted production from an oil field project in the Gulf of Thailand until a full review has been carried out.

about 3 years ago
A photo of Vattenfall's offshore wind farm in Germany
Authorities & Government

Malta planning offshore wind, floating solar tender and new interconnectors

The Parliament of Malta is discussing a new bill today, 10 July, which would facilitate the country’s first offshore wind and floating solar tender. First introduced at a plenary session on 4 July, the bill seeking to amend the Exclusive Economic Zone (EEZ) Act is now being read before the Parliamen

about 3 years ago
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