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Five-year offshore oil & gas EPC spend to total whopping $276 billion, forecasts Westwood
Fossil Energy

Westwood sees five-year offshore EPC spend reaching whopping $276 billion

The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.

about 4 years ago
Santos to use Valaris MS-1 rig for Barossa campaign
Fossil Energy

Valaris rig getting ready for new Australian campaign

Valaris has prepared one of its semi-submersible drilling rigs for a drilling campaign with Santos in waters offshore Australia.

about 4 years ago
PetroChina to buy LNG from Cheniere's Corpus Christi LNG Terminal
Clean Fuel

PetroChina to buy LNG from Cheniere’s Corpus Christi LNG terminal

PetroChina and Cheniere Energy have signed a long-term LNG sale and purchase agreement (SPA) relating to the Corpus Christi LNG terminal.

about 4 years ago
Construction of Brunsbüttel LNG terminal kicking off in September
Business Developments & Projects

Construction of Brunsbüttel LNG terminal kicking off in September

Germany will begin the construction of its planned Brunsbüttel LNG terminal in September with the commissioning expected at the turn of the year 2022/2023.

about 4 years ago
Synergy Marine, Alsym Energy jointly developing non-flammable rechargeable batteries for ships
Business Developments & Projects

Synergy Marine, Alsym Energy jointly developing non-flammable rechargeable batteries for ships

Singapore-based ship manager Synergy Marine and the US developer of next-generation rechargeable batteries Alsym Energy have teamed up to develop low-cost, non-flammable rechargeable batteries for shipping vessels. As disclosed, the partners will, in collaboration with Japanese shipowner Nissen Kaiu

about 4 years ago
eexi
Infrastructure

VesselsValue: 75 pct of global fleet will not be EEXI compliant

Prior to any efficiency modifications, more than 75% of the fleet — bulkers, tankers and containerships — will not be compliant with the Energy Efficiency Existing Index (EEXI) that will enter into force in 2023, according to Joey Daly, Cargo Analyst at VesselsValue.

about 4 years ago
Illustration/Ocean Sun's floating solar installation (Courtesy of Ocean Sun/Photo by Børge Bjørneklett)
Authorities & Government

Ocean Sun embarks on China’s first offshore wind and floating solar hybrid project

Ocean Sun has signed an agreement to license its proprietary floating solar technology to developer Sunneng Technology for the construction of a 0.5MWp offshore floating solar pilot connected to a wind turbine in Haiyang, China.

about 4 years ago
UK offshore wind pioneer buys US marine environmental consultancy
Business & Finance

UK offshore wind pioneer buys US marine environmental consultancy

UK offshore wind pioneer Venterra Group has entered the U.S. market with the acquisition of INSPIRE Environmental, a Rhode Island-based marine environmental consultancy. Founded in 2015, INSPIRE collects, interprets and visualizes seafloor data for clients in the offshore wind, ports and marine cons

about 4 years ago
FPSO Almirante Barroso
Business & Finance

MODEC’s new FPSO hits the road to Brazil

MODEC has seen its new FPSO vessel set sail from China to Brazil to work in the pre-salt Santos Basin for Petrobras.

about 4 years ago
Florida shipping company hires CR Ocean Engineering for scrubber retrofit
Business Developments & Projects

Florida shipping company hires CR Ocean Engineering for scrubber retrofit

Florida-based shipping company World Direct Shipping has selected marine exhaust emissions technology manufacturer CR Ocean Engineering (CROE) as the preferred scrubbing system supplier for its containership Queen B III. According to CROE, this is the third project that the company will complete for

about 4 years ago
equippPetrobras books OOS Tiradentes
Business & Finance

Petrobras books offshore accommodation unit for four-year job

Brazilian energy giant Petrobras has awarded a four-year contract in Brazil to an offshore accommodation unit.

about 4 years ago
Searcher Seismic begins 2D reprocessing project off India
Business & Finance

Searcher Seismic begins 2D reprocessing project off India

Searcher Seismic has commenced a new 2D seismic reprocessing project off the east coast of India. Searcher’s Phase 1 reprocessing of 10,000 kilometers of multi-vintage 2D seismic data has commenced with Shearwater GeoServices in India. According to the company, East Coast India has proven its potent

about 4 years ago
IMO
Green Marine

World Maritime Theme 2023 puts a spotlight on environmental legacy

“MARPOL at 50 – Our commitment goes on” has been selected as the upcoming theme for the International Maritime Organization’s (IMO) 2023 World Maritime Theme, which will culminate in a World Maritime Day celebration on 28 September next year.

about 4 years ago
Pioneering Spirit completes Gyda platform removal
Business & Finance

Pioneering Spirit vessel removes and delivers North Sea platform jacket for disposal – gallery

Allseas and its Pioneering Spirit vessel have completed the removal of Repsol Norge’s massive 30,000-tonne Gyda platform from the North Sea.

about 4 years ago
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