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Enbridge has secured a deal with BP to construct and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico.
Business & Finance

Canadian firm lines up oil & gas pipeline pair for BP’s Gulf of Mexico project

Canadian pipeline and energy company Enbridge has secured a deal with the UK-based energy giant BP to construct and operate crude oil and natural gas pipelines for the oil major’s recently sanctioned deepwater development in the U.S. Gulf of Mexico. The pipeline system duo is expected to be operatio

about 1 year ago
Development Driller III rig; Source: Ecopetrol
Business & Finance

Petrobras: Evaluation of gas discoveries’ commercial viability needed offshore Colombia

Petrobras has confirmed that the two discoveries in the Guajira Offshore Basin have raised the gas potential in the basin off the coast of Colombia to approximately 6 trillion cubic feet (tcf).

about 1 year ago
NAGA 2 jack-up rig; Source: Velesto
Business & Finance

SLB and Velesto go in hot pursuit of rig performance optimization

SLB has joined forces with Velesto Drilling, a subsidiary of Malaysia-based Velesto Energy, to take rig capabilities to a new level by employing digital tools to enhance drilling performance.

about 1 year ago
A view of pipes seemingly located offshore at sunset
Business & Finance

Eni recommits to slashing emissions in its first methane report

Italy’s energy giant Eni has published its first report dealing with methane emissions aiming to reaffirm its promise to reduce methane slip and increase transparency.

about 1 year ago
eco-friendly
Vessels

Eco-friendly 159,000 dwt tankers launched at New Times Shipbuilding

Chinese shipbuilder New Times Shipbuilding (NTS) has bid adieu to two eco-friendly 159,000 dwt crude oil tankers as they set sail at the end of September to join Greek shipowner TMS Tankers’ fleet. As informed, the newly launched tankers, which are the third and fourth of four ships previously order

about 1 year ago
FPSO Agogo; Source: Yinson Production
Business & Finance

WATCH: BP-Eni JV and Yinson Production cheer ‘major’ progress for Angola-bound FPSO

Yinson Production has tucked a new milestone under its belt for floating, production, storage, and offloading (FPSO) vessel, which is destined to work off the coast of Angola for Angola-headquartered Azule Energy, a joint venture between BP and Eni.

about 1 year ago
Potential turbine by Nova Innovation
Business Developments & Projects

Report warns ‘business as usual’ will not decarbonize UK by 2050

A consortium of ten universities, led by the University of Plymouth, is warning that urgent action is required for the UK to meet its 2050 Net Zero target, with significant acceleration needed in tidal, wave, and offshore wind energy growth. The latest report, ORE Outlook 2040, from the Supergen Of

about 1 year ago
Deepsea Bollsta rig; Source: Northern Ocean
Business & Finance

2020-built rig going to Ghana for well appraisal ops before embarking on drilling gig in Namibia

Northern Ocean has secured a new short-term job off the coast of Ghana for a semi-submersible rig, which recently finished its long-term assignment with the UK-headquartered Shell and has work lined up for the fourth quarter of 2024 offshore Namibia with an undisclosed operator.

about 1 year ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Appraisal activities with Odfjell Drilling’s rig shed more light on gas discovery

Aker BP has used one of Odfjell Drilling’s semi-submersible rigs to delineate a two-year-old gas discovery in the Norwegian Sea and will contemplate a subsea tie-back to existing infrastructure as a development option.

about 1 year ago
AHTS Normand Prosper; Source: Solstad Offshore
Business & Finance

Solstad enriches its green shipping quest with renewable fuel as biodiesel-powered vessel puts rig’s mooring spread in place

Solstad Offshore has embraced another decarbonization tool to expand its zero-emission shipping toolbox by turning to renewable biodiesel (HVO) to bunker an anchor handling tug supply (AHTS) vessel before it embarked on its assignment related to a semi-submersible rig off the coast of Norway.

about 1 year ago
e-fuel
Business Developments & Projects

E-fuels set to power next ZEMBA tender, but supply challenges loom

E-fuel-powered container shipping services could be ready for commercial deployment by the year 2027, a new report by the Zero Emission Maritime Buyers Alliance (ZEMBA) and the UK-based classification society Lloyd’s Register’s (LR) Maritime Decarbonisation Hub has projected. As informed, the report

about 1 year ago
CSA
Environment

Interview with Clean Shipping Alliance: Authorities banning scrubbers have no ‘hard’ evidence of environmental harm

“To scrub, or not to scrub” has been an ongoing debate in the maritime industry, especially following the entry into force of the 2020 sulphur cap. Many ports and countries have decided to ban open-loop scrubber discharges within their territorial waters, although there are no uniform regional or gl

about 1 year ago
McDermott to deliver pipelines and cables for QatarEnergy's natural gas field expansion project
Business & Finance

McDermott in charge of all offshore infrastructure for Qatar’s ‘massive’ natural gas field expansion project

U.S. offshore engineering and construction firm McDermott has secured an engineering, procurement, construction and installation (EPCI) contract for pipelines and cables with Qatar’s state-owned oil and gas company QatarEnergy for the expansion of the 1971-discovered North Field. The contract for th

about 1 year ago
Wan Hai Lines
Vessels

Wan Hai Lines orders methanol dual-fuel containership quartet in S. Korea

Taiwanese shipping company Wan Hai Lines has placed an order for four methanol dual-fuel containerships in South Korea.

about 1 year ago
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