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Thor rig; Source: Crystal Offshore via LinkedIn
Business & Finance

Borr’s 2019-built rig leaves Asian yard to begin its new drilling gig

A jack-up rig, owned by Borr Drilling, has departed from a yard in Singapore to embark on a voyage toward its recently booked drilling assignment off the coast of Southeast Asia.

about 1 year ago
Wärtsilä targets up to 75% methane slip cut with new dual-fuel engine solution
Business Developments & Projects

Wärtsilä targets up to 75% methane slip cut with new dual-fuel engine solution

Finnish technology firm Wärtsilä has introduced a new solution for its Wärtsilä 50DF dual-fuel engine that reduces methane slip by up to 75%.

about 1 year ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies’ North Sea gas hub going full steam ahead

TotalEnergies has sorted out an operational hitch that prevented it from achieving full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Illustration; Source: Conrad Asia Energy
Business & Finance

Southeast Asian player offloads stake in gas field as it shifts to clean energy

Coro Energy has taken the last step toward closing its fossil fuels chapter by inking a deal to divest its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia to devote its time and resources to greener ventures by focusing on its renewable energy portfolio.

about 1 year ago
Supply chain constraints push back UK’s $3B subsea electricity superhighway by 16 months
Authorities & Government

Supply chain constraints push back UK’s $3B subsea electricity superhighway by 16 months

UK energy market regulator Ofgem is considering whether to grant a penalty exemption for the joint venture (JV) developing the Eastern Green Link 1 (EGL1) subsea electricity superhighway due to a 16-month delay said to be caused by supply chain constraints. The 2 GW EGL1 HVDC multi-directional cable

about 1 year ago
ClassNK okays Mitsubishi Shipbuilding’s onboard carbon capture and storage system
Business Developments & Projects

ClassNK okays Mitsubishi Shipbuilding’s onboard carbon capture and storage system

Mitsubishi Shipbuilding, a part of Japanese Mitsubishi Heavy Industries (MHI) Group, has acquired approval in principle (AiP) from compatriot classification society Nippon Kaiji Kyokai (ClassNK) for its onboard carbon capture and storage system (OCCS).

about 1 year ago
Transocean Equinox rig; Source: Transocean
Business & Finance

Transocean rig reaches Australian waters to embark on ‘critical’ gas search

ConocoPhillips is laying the groundwork to kick off seabed surveys this month ahead of exploration drilling activities for which a semi-submersible rig owned by Transocean has arrived in the Otway Basin to find commercially viable natural gas reserves to keep fears of shortfalls at bay.

about 1 year ago
Mark Hamson, Innovation Hub Manager. Photo from NOC.
Business Developments & Projects

National Oceanography Centre targets ocean tech with its new Innovation Hub

The UK’s National Oceanography Centre (NOC) has launched an Innovation Hub in Southampton to boost progress in marine autonomous systems and drive sustainable growth in the blue economy. With a £200,000 (approximately $257,000) investment, the facility offers 304 square meters of space equipped with

about 1 year ago
Sunfire to deliver 10 MW electrolyzer for green hydrogen project in Bilbao
Business Developments & Projects

Sunfire to deliver 10 MW electrolyzer for green hydrogen project in Bilbao

Basque Hydrogen, a consortium led by Spanish companies Petronor, a subsidiary of Repsol, in collaboration with Enagás Renovable, a subsidiary of Enagás, and the Ente Vasco de la Energía, the energy agency of the Basque Government, has selected German electrolyzer manufacturer Sunfire to deliver a 10

about 1 year ago
MOL and Tokyo Gas plan to install Wind Challenger on newbuild LNG carrier
Business Developments & Projects

MOL and Tokyo Gas plan to install Wind Challenger on newbuild LNG carrier

Mitsui O.S.K. Lines (MOL) and Tokyo LNG Tanker, a wholly owned subsidiary of Tokyo Gas, will install MOL-developed Wind Challenger wind-assisted ship propulsion systems on a newbuild LNG carrier.

about 1 year ago
Coral-Sul FLNG; Source: INP
Authorities & Government

$7.2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique

With the green light for a multibillion-dollar floating liquefied natural gas (FLNG) project, Mozambique’s government is intent on augmenting gas production and strengthening the African country’s LNG position, given the role natural gas is expected to play in the global energy transition story.

about 1 year ago
Naming ceremony for Tidal Action drillship; Source: Hanwha Ocean
Business & Finance

Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater drilling arena

Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant.

about 1 year ago
ZTT Submarine Cable & System China
Business Developments & Projects

ZTT wins submarine cable contract for 1 GW Chinese offshore wind farm

ZTT Submarine Cable & System (ZTTSC) has been awarded an engineering, procurement, and construction (EPC) contract for the Yangjiang Fanshi II offshore wind project in China. As part of this initiative, ZTTSC will deploy a 500 kV three-core AC submarine cable system, stretching 92 kilometers to tran

about 1 year ago
Hibiscus platform in North Coast Marine Area (NCMA); Source: Shell
Authorities & Government

US axes Shell and BP’s licenses for cross-border gas fields

The U.S. Office of Foreign Assets Control (OFAC) has changed its mind about two special licenses – operated by the UK-headquartered Shell and BP, respectively – for gas fields straddling the maritime boundary between Venezuela and Trinidad and Tobago.

about 1 year ago
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