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Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business & Finance

Transocean rig hard at work on Beach Energy’s second stage of Australian drilling campaign

Australia’s oil and gas player Beach Energy has embarked on the next phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.

about 3 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Taihan to make and install submarine cables for South Korean solar power plants

South Korean Taihan Cable & Solution has been selected to manufacture, transport and install extra-high-voltage submarine cables for a local solar power generation project. Taihan will supply the 154 kV cables, joints, and all related materials, as well as provide the installation to EPC contractor

about 3 months ago
EnergyPathways launches offshore wind-linked compressed air energy storage project
Infrastructure

EnergyPathways launches offshore wind-linked compressed air energy storage project

EnergyPathways has launched front end engineering and design (FEED) for its compressed air energy storage (CAES) project in the East Irish Sea, part of the wider MESH energy development, with the facility designed to store surplus electricity from offshore wind farms and the UK grid. The CAES projec

about 3 months ago
Ndjila and Mpari discovery and prospect map; Source: Block Energy
Business & Finance

Block Energy making its first foray into Gabon’s offshore oil realm

AIM-quoted independent oil and gas production and development company Block Energy has made a move to enter a new geographic area through an investment related to two production sharing contracts (PSCs), which will enable it to expand its portfolio to encompass two offshore licenses in Gabon.

about 3 months ago
Ammonia port-to-ship bunkering ops; Courtesy of Ulsan Port Authority
Business & Finance

World’s first ammonia port-to-ship bunkering for dual-fuel gas carrier wraps up in Korea

Ulsan Port Authority (UPA), which manages and operates South Korea’s largest industrial port complex, has revealed the Asian country’s latest leap toward cleaner maritime fuel solutions in the global shipping energy transition by completing what it describes as the world’s first ammonia bunkering op

about 3 months ago
FPSO Kwame Nkrumah on the Jubilee field; Source: Kosmos
Business & Finance

Four more wells set to come online in months ahead offshore Ghana

Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has confirmed its timeline for putting four wells into production mode at a field off the coast of Ghana.

about 3 months ago
Ireland and Spain formalize plan to explore electricity interconnection
Authorities & Government

Ireland and Spain formalize plan to explore electricity interconnection

Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio

about 3 months ago
FPSO Maria Quitéria; Source: Yinson Production
Business & Finance

Petrobras widens its oil & gas footprint in Brazil’s Campos Basin

Brazilian state-owned oil and gas giant Petrobras has taken steps to become the sole owner of a portion of the ring-fence of a field in BC-10 Concession in the Campos Basin, currently held by Shell Brasil Petróleo, a subsidiary of UK-headquartered Shell, ONGC Campos, a Brazilian arm of India’s energ

about 3 months ago
Equinor taps Swedish survey firm for multi-year pipeline inspection services
Business Developments & Projects

Equinor taps Swedish survey firm for multi-year pipeline inspection services

Swedish offshore survey company Njord Survey has signed a framework agreement with Norwegian state-owned energy firm Equinor for the delivery of pipeline inspection and integrity services offshore Europe. Under the three-year framework agreement, Njord Survey said it would deliver high-resolution ge

about 3 months ago
Geotechnical investigations to soon start at Caledonia offshore wind farm site
Business Developments & Projects

Geotechnical investigations to soon start at Caledonia offshore wind farm site

Fugro is set to begin a geotechnical survey campaign at the Caledonia offshore wind project site in May, following earlier geophysical investigations. According to a Notice to Mariners, the first survey vessel is expected on site no earlier than May 9, with a second vessel scheduled to arrive from M

about 3 months ago
Illustration; Source Shell
Business & Finance

Shell enriches gas business with $16.4 billion ARC Resources takeover

UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources.

about 3 months ago
Stillstrom unveils new standalone monopile-based offshore charging tech
Innovation

Stillstrom unveils new standalone monopile-based offshore charging tech

Stillstrom, part of A.P. Moller – Maersk, has introduced two new standalone offshore charging solutions aimed at supporting vessel electrification in offshore wind operations. The new systems, Power Hub and Power Tower, are designed as monopile-based structures that can be deployed independently of

about 3 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 3 months ago
Mermaid Maritime continues global expansion with joint venture in Brunei
Business & Finance

Mermaid Maritime continues global expansion with joint venture in Brunei

After establishing joint venture companies in Taiwan and Equatorial Guinea, Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has done the same in Brunei. The primary activities of the entity named Serikandi Mermaid SDN BHD are offshore tran

about 3 months ago
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