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Maersk
Authorities & Government

Red Sea attacks on liner majors’ vessels highlight crucial link between world peace and just energy transition

This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. The global efforts to achieve decarbonization targets bolstered by nearly 200 countries that vowed to phase out fossil fuels at the COP28 climate summit in Dubai earlier this week

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

Aker BP keeping Odfjell Drilling rig busy until end of 2026

Odfjell Drilling has inked an amendment with Aker BP which enables the extension of the firm contract for a semi-submersible drilling rig hired for work on the Norwegian continental shelf (NCS).

about 2 years ago
Electramar
Business Developments & Projects

Electric hybrid vessel Electramar joins ESL’s AtoB@C Shipping

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has taken delivery of Electramar, the first vessel in the series of twelve energy-efficient plug-in hybrid vessels.

about 2 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Authorities & Government

All-systems-go for Harbour to drill North Sea prospect with Noble rig

Harbour Energy has received consent for exploration drilling in the North Sea, using one of Noble Corporation’s jack-up rigs.

about 2 years ago
Gunvor closes €400 million loan to secure LNG supplies for Italian industry
Business & Finance

Gunvor closes €400 million loan to secure LNG supplies for Italian industry

Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services. The five-year facility is guaranteed by SACE, the Italian Export Credit Agency (ECA), with U

about 2 years ago
Geert Schouten, Director of Shipbuilder; Source: Shipbuilder
Business & Finance

Shipbuilder: Cutting down construction risks for offshore vessels with digitalization

Shipbuilder’s director believes companies can avoid a big chunk of risks involved in vessel construction with digitalization.

about 2 years ago
KPI OceanConnect
Business Developments & Projects

KPI OceanConnect: Fujairah joins biofuel bunkering ports club

The UK-based marine energy solutions provider KPI OceanConnect has supplied two bulk carriers owned by India-based company ArcelorMittal Shipping B24 very low sulfur fuel oil (VLSFO) at the Port of Fujairah, the United Arab Emirates (UAE).

about 2 years ago
Bluestream OEG
Business & Finance

UK’s OEG to buy Bluestream Offshore

OEG Energy Group (OEG) has signed a sale and purchase agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opport

about 2 years ago
Margarita Salas
Business Developments & Projects

Baleària’s 2nd LNG-powered fast ferry hits the water

Spanish ferry operator Baleària has launched its second LNG dual-fuel fast ferry Margarita Salas at the Armon Shipyard in Gijón, where it is currently under construction. Worth a total investment of €126 million, Baleària’s Margarita Salas is set to commence operations next summer. “We already had a

about 2 years ago
JERA and Pertamina to collaborate on low-carbon fuels value chain
Business & Finance

JERA and Pertamina to collaborate on low-carbon fuels value chain

Japanese energy giant JERA and Indonesia’s largest state-owned oil and natural gas company Pertamina have signed a memorandum of understanding (MoU) to collaborate on business opportunities for infrastructure investment in low-carbon fuels such as LNG and hydrogen/ammonia. JERA and Pertmina announce

about 2 years ago
Scandlines
Business Developments & Projects

Scandlines to electrify two Fehrmarn Belt ferries

Taking the next big step on its green journey, Danish ferry operator Scandlines has decided to electrify two ferries on the Fehmarn Belt that links Denmark with northern Germany.

about 2 years ago
Yale-based start-up converts captured CO2 into methanol
Business Developments & Projects

Yale-based start-up converts captured CO2 into methanol

Yale-based start-up Oxylus Energy has converted captured carbon dioxide (CO2) into methanol using an electrolyzer at room temperature and pressure at a production-level scale. On December 13, Oxylus Energy said it had passed the key benchmark test for the deployment and commercialization of its prop

about 2 years ago
MAN OSG
Business Developments & Projects

OSG’s Alaskan fleet gears up for methanol-ready upgrade from MAN ES

U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and

about 2 years ago
Out with financial bid criteria, in with unrestrained innovation in offshore wind
Business & Finance

Out with financial bid criteria, in with unrestrained innovation in offshore wind

A healthy market framework is necessary for offshore wind projects to be sustainable and future-proof, and changes to the tendering framework can help ensure that, Ireen Geerbex, Director Market Development the Netherlands at Vattenfall, said during this year’s Offshore Energy Exhibition and Confere

about 2 years ago
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