There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi
As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting
Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.
Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr
Singapore-based ship owner and operator BW LPG has signed a memorandum of agreement (MOA) to sell two very large gas carriers (VLGCs) acquired in the recent transaction with Norway’s Avance Gas at a price of around $75 million per unit. As disclosed, the two ships in question are the 226-meter-long
TGS is scheduled to start geophysical survey work across the Dogger Bank South (DBS) offshore wind farm sites in the UK on March 27. According to a Notice to Mariners issued by the DBS project, the Norway-based energy data and intelligence company will be using the seismic vessel Ramform Vanguard, s
The board of directors of Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has accepted the resignation of its Chief Executive Officer (CEO).
SeaRenergy has strengthened its offshore supply capabilities in the North Sea, thanks to a long-term charter agreement with Britoil Offshore Services for a 15-year-old platform supply vessel (PSV), which will support the installation and commissioning of converter platforms and be available for any
Norway-based energy storage company Corvus Energy has opened a new office in Shanghai, China, to support the shipowners, shipyards, integrators, as well as other partners involved in the country’s shipbuilding industry.
A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.
Israel’s Ministry of Energy and Infrastructure has put its stamp of approval on six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ). The list of license winners entails Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilli
The UK’s University of Birmingham scientists are joining experts from across Europe in a €10.2 million project to create a working prototype ship powered by full direct current (DC) electrical systems.
Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offsh
Petrobras has tucked a new carbon dioxide (CO2) reinjection milestone in the Santos Basin pre-salt layer under its belt, thanks to 22 floating production, storage, and offloading (FPSO) vessels capturing and reinjecting CO2 off the coast of Brazil.
