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Illustration; Source: TotalEnergies
Business & Finance

Step on the gas, pretty please

Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.

about 1 year ago
Amid tariff turmoil, MOL opens office in Washington
Business & Finance

Amid tariff turmoil, MOL opens office in Washington

Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and challenge the shipping sector.

about 1 year ago
An LNG terminal
Business Developments & Projects

ADNOC inks LNG deal with Indian player

ADNOC Trading, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC).

about 1 year ago
LS Marine Solution cable
Business & Finance

LS Marine Solution inks contract for Taipower Offshore Wind Project Phase II

South Korea-based LS Marine Solution has signed a contract, worth approximately $15.8 million (about €13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win

about 1 year ago
Barnacle biofouling
Market Outlooks

Barnacle biofouling can hurt decarbonization efforts of global shipping fleet, new study shows

High levels of barnacle biofouling on underwater hulls across the global shipping fleet can significantly drag down decarbonization efforts and increase fuel costs, a new study found.

about 1 year ago
Mocean Energy’s Blue Horizon project is progressing through design work, final testing, and preparations for manufacturing and offshore deployment as part of the EuropeWave Phase 3 program.
Business Developments & Projects

Mocean Energy’s Blue Horizon project gears up for offshore trials

Scottish wave energy company Mocean Energy’s Blue Horizon project is progressing through detailed design work, final testing, and preparations for manufacturing and offshore deployment as part of the EuropeWave Phase 3 program. According to EuropeWave, the company is advancing the detailed design of

about 1 year ago
Two men shaking hands
Business Developments & Projects

QatarEnergy to supply Shell with condensate until 2050s

QatarEnergy has signed a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned subsidiary of the UK-headquartered energy major Shell.

about 1 year ago
Gwynt y Môr N-Sea cable repair
Business Developments & Projects

N-Sea lands another cable repair contract for 576 MW Gwynt y Môr offshore wind farm

The Dutch company, N-Sea Group, has been awarded a contract to repair one of the four export cables that connect the 576 MW Gwynt y Môr offshore wind farm in the UK to the National Grid. N-Sea will be responsible for replacing a five-kilometer section of 132 kV export cable from the onshore transiti

about 1 year ago
Troll A platform in the North Sea; Credit: Oyvind Gravas Even Kleppa/Equinor
Business & Finance

Top dollar oil & gas FID plays in 2024 with offshore development epilogues to come

Since 2024 saw many projects greenlighted, Offshore Energy has delved into some of the biggest steps taken last year to move forward with approved developments.

about 1 year ago
Next decade pivotal for defining role of nuclear power in maritime industry, study says
Business Developments & Projects

Next decade pivotal for defining role of nuclear power in maritime industry, study says

The next decade will be crucial for determining the role of nuclear power in the maritime industry. While holding the potential to significantly contribute to the decarbonization of shipping and port operations, nuclear power still needs a comprehensive and secure framework to be implemented, accord

about 1 year ago
LNG Canada
Business & Finance

LNG chapters on the rise in 2024 global energy tome

Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.

about 1 year ago
Deepsea Bollsta rig drilled several wells in Namibia for oil majors; Source: Equinor
Business & Finance

Energy trip down memory lane: Offshore oil & gas discoveries to remember 2024 by

While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors along

about 1 year ago
Europe
Authorities & Government

Mediterranean shipping gears up for stricter emission regulations

Mediterranean shipping companies are bracing for stricter environmental standards as the Mediterranean Emission Control Area for sulphur oxides enters into effect on May 1, demanding adjustments to their fleets and operations.

about 1 year ago
India and Netherlands set the wheels in motion for green maritime corridor
Business Developments & Projects

India and Netherlands set the wheels in motion for green maritime corridor

India and the Netherlands have laid the groundwork for setting up a green and digital maritime corridor between the Port of Rotterdam and Indian ports.

about 1 year ago
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