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Illustration; Source: Seplat Energy
Business & Finance

Seplat Energy prolongs buyout date for ExxonMobil’s Nigerian business

Nigeria’s Seplat Energy has extended the share sale and purchase agreement to buy Mobil Producing Nigeria Unlimited’s shallow water assets.

about 2 years ago
Illustration; Source: CNOOC
Business & Finance

Chinese oil & gas giant enlarges its portfolio with five offshore blocks in Mozambique

CNOOC Limited has expanded its oil and gas footprint with five new blocks located off the coast of Mozambique.

about 2 years ago
large building representing the African Development Bank
Business Developments & Projects

African Development Bank seeks consultants for feasibility study on floating solar project

The selection method during the RFP stage will be the quality and cost-based selection method (QCBS). Expressions of interest must be received no later than 15 June 2024 at 15:00 hours, local Abidjan time, and should specifically mention “Feasibility Study for Floating Solar at the Kariba Dam.”

about 2 years ago
Illustration; Source: ExxonMobil
Authorities & Government

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

about 2 years ago
Industry players present ‘key’ actions to bolster UK’s hydrogen economy
Authorities & Government

Industry players present ‘key’ actions to bolster UK’s hydrogen economy

The Hydrogen Coordination Forum, which brings together a range of UK and regional bodies across the hydrogen landscape, has announced ten “key” actions to support the scale-up of new hydrogen infrastructure.

about 2 years ago
Illustration; Source: Deutsche Energy Terminal (DET)
Business & Finance

Vigilance advised but mild winter serves to lessen concerns over gas supply in Germany

FNB Gas has confirmed the easing of gas supply woes in the winter of 2023/2024 due to mild temperatures and diversification of import routes.

about 2 years ago
A photo of the keel being laid for the first US subsea rock installation vessel at Philly Shipyard
Vessels

Keel laid for first US subsea rock installation vessel

The keel for the first Jones Act-compliant subsea rock installation vessel (SRIV) for the U.S. offshore wind industry, Acadia, was laid on May 2 at the Philly Shipyard in Philadelphia, Pennsylvania. The vessel was ordered by Great Lakes Dredge & Dock Corporation (GLDD) in 2021 and the first steel fo

about 2 years ago
MPCC christens green methanol-ready 5,500 TEU containership duo
Vessels

MPCC christens green methanol-ready 5,500 TEU containership duo

Norwegian container tonnage provider MPC Container Ships has christened two green methanol-ready 5,500 TEU containerships in South Korea.

about 2 years ago
NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable
Authorities & Government

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

about 2 years ago
Proman Stena Bulk
Infrastructure

Proman Stena Bulk JV names methanol-powered Stena Prosperous

Proman Stena Bulk, a joint venture between tanker company Stena Bulk and methanol producer Proman, has christened Stena Prosperous, the JV’s fourth methanol-fueled tanker.

about 2 years ago
the SeaRAY ocean energy system returning back to Hawaii
Business & Finance

C-Power upgrades SeaRAY and sends it back to Hawaii

US-based marine energy company C-Power has upgraded the SeaRAY ocean energy system, and returned it back to Marine Core Base Hawaii in Oahu, from the company’s facility in Corvallis, Oregon.

about 2 years ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Business & Finance

Equinor strikes oil in North Sea

Equinor has made a small oil discovery in the North Sea off the coast of Norway, using one of Odfjell Drilling’s semi-submersible rigs.

about 2 years ago
Japanese majors to accelerate digital twins uptake in shipping sector
Business Developments & Projects

Japanese majors to accelerate digital twins uptake in shipping sector

Japanese maritime majors have completed the early phases of a cross-industry project aimed at creating a secure data-sharing framework between shipyards and shipowners to advance the use of digital twins throughout a ship’s lifecycle.

about 2 years ago
Nel inks alkaline electrolyzers deal with Indian company
Business Developments & Projects

Nel inks alkaline electrolyzers deal with Indian company

Nel Hydrogen Electrolyser and Reliance Industries Limited (RIL) have entered into a technology licensing agreement that provides the latter with an exclusive license for Nel’s alkaline electrolyzers in India and allows it to manufacture them for captive purposes globally.

about 2 years ago
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