In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. The strong demand for clean energy vessels has been a sig
Our news this week reflect the increasing activities in vessel decarbonisation and emission cutting in the oil and gas sector as offshore renewable energy continues to broaden both its geographical and technological reach and green hydrogen attracts new firm commitments. With new, more ambitious cor
Romania’s National Agency for Mineral Resources has endorsed the development plan for a massive deepwater natural gas project in the Black Sea.
French telecommunications corporation Orange has taken delivery of its new cable laying and repair vessel (CLRV), said to be designed for the maintenance of cables for offshore wind projects. The vessel, named Sophie Germain after the pioneering French mathematician and philosopher, is currently on
Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment, a publicly traded special purpose acquisition company, have announced a definitive agreement for a business combination that is set to result in Crown becom
Norwegian wave energy company Havkraft has joined forces with Singapore-based Neuto to spearhead green transition in Southeast Asia through the development of ocean energy projects using the Havkraft N-class wave power plant.
TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.
Construction of the Woodfibre LNG, a project being developed by Pacific Energy and Enbridge, has officially begun as Qingdao McDermott Wuchuan (QMW) fabrication yard, a joint venture of McDermott and China State Shipbuilding Corporation (CSSC), started building the first module for the project. QMW
Norwegian seismic company TGS has completed what it describes is a “key project” in the North Sea and started the next one in the same area. The projects are being carried out using the TGS Z700 ocean bottom node (OBN) crew. According to TGS, this crew has completed two projects during this North Se
The world’s largest LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) has completed its first ship-to-ship bunkering operation involving a very large crude carrier (VLCC) at the anchorage of Guangzhou Port. The 8.5-hour operation saw Offshore Oil 301 provide the 320,000-ton dual-fuel tanke
Baker Hughes’ international rig count report shows a boost in the number of offshore rigs in July 2023, as 6 additional units were recorded compared to the month before.
OMV has secured a drilling permit from Norway’s authorities for exploration drilling in the Norwegian Sea, using one of Transocean’s rigs.
Noble has secured a new contracts and extensions for its rigs in Brazil, Mauritania, Suriname, Malaysia, Australia, Norway, and the UK.
Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed long-term LNG sales and purchase agreements with the U.S. energy giant ConocoPhillips. Under the agreement, ConocoPhillips will purchase approximately 2.2 million tonnes per year (mtpa) in aggregate of LNG a
