Norwegian oil and gas company OKEA has made an oil discovery near the Brage field in the North Sea. According to the Norwegian Petroleum Directorate (NPD), between 0.2 and 0.5 million Sm3 of recoverable oil was proven in connection with drilling well 31/4-A 13 E in the northern part of the North Sea
The Government of Finland has pledged funding worth €150,000 to the IMO-GreenVoyage2050 project which supports developing countries in their efforts to reduce Greenhouse Gas (GHG) emissions from ships and in ports.
Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support ves
The design engineers from the University of Edinburgh, together with Tocardo Turbines, have manufactured a new tidal turbine blade which could lead to the reduction of the levelized cost of tidal energy. The blade was manufactured in Scotland for the first time and more cheaply than before, with the
Italy’s Rosetti Marino has secured an engineering, procurement and construction (EPC) contract, said to be worth more than €300 million, with compatriot Saipem for work offshore Libya. Under the contract, Rosetti Marino is in charge of the construction of a gas recovery module (GRM) of approximately
Singapore-based provider of marine electric propulsion and energy management solutions Sea Forrest (SF) has obtained type approval from Bureau Veritas (BV) for its SEAGEN 11 marine propulsion battery module system. SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to
Just shortly after Allseas was awarded a contract for the project, MAN Energy Solutions secured work for the first large-scale carbon capture and storage (CCS) project in the Netherlands. MAN Energy Solutions will deliver three integrally-geared compressor trains (IGC) for the Porthos (Port of Rotte
Swiss company Cavotec has signed a service partner agreement with COSCO Group to provide preventive maintenance for more than 60 ocean-going vessels equipped with Cavotec shore power systems.
Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t
Chinese oil and gas giant CNOOC Limited has commenced production from an oilfield development located in the South China Sea. CNOOC reported on October 25 that the Enping 18-6 oilfield development project had commenced production. The project is located in the Pearl River Mouth Basin of the South Ch
France-headquartered energy major TotalEnergies has announced the commissioning of the Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The company informed that the terminal injected its first megawatt-hours (MWh) of gas
Italy’s energy giant Eni has signed a sales and purchase (SPA) agreement with Indonesia’s Merakes LNG Sellers to secure additional 0.8 billion cubic meters (bcm) per year of LNG. The agreement comes into effect in January 2024 and will run for three years, in addition to the contract with Jangkrik L
South Korean shipbuilding major HD Hyundai Heavy Industries has signed the contract for the construction of 17 liquefied natural gas (LNG) carriers with Qatar Energy worth a staggering $3.9 billion. The contract signing was held on Wednesday as part of South Korea’s President Yoon Suk Yeol’s state v
Hyundai Samho Heavy Industries (HSHI) has selected TMC Compressors (TMC) to deliver the marine compressed air system to six containerships that the shipbuilder is constructing for French shipping major CMA CGM.
