Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.
Marine fuel supplier Bunker One has launched its first methanol-ready bunker tanker.
Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which
Aker Solutions has signed a frame agreement extension with Aker BP under which it will provide subsea production systems to the company’s projects on the Norwegian continental shelf (NCS) until 2029. The agreement may also cover assistance to Aker BP for feasibility studies and concept developments,
The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour
Trillion Energy has brought online the fifth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
Japanese shipbuilder Tsuneishi Shipbuilding aims to exclusively produce dual-fueled vessels by 2035, transitioning away from ships equipped with crude oil-based engines. The move is part of the shipyard’s strategy to become carbon neutral by 2050 by implementing eco-friendly practices across all asp
The offshore energy industry is facing an ever-increasing energy skills gap regarding workers spearheading the transition to green sources.
Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.
Subsea 7, in collaboration with OneSea Energy, has secured £150,000 (around $187,000) in funding from the Scottish government to investigate pairing a large-scale floating hydrogen production system with a floating wind farm offshore Scotland. The funding was awarded as part of the Hydrogen Innovati
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has inked a long-term LNG sale and purchase agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). The 15-year agreement will see QatarEnergy supply about 1.8 million tons per annum (mtpa) of LNG to Bangladesh, starting in
The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,
Technology and engineering group Sener has completed the conceptual design of a new model of sustainable tanker that can carry heavy fuel oil (HFO), very low sulfur fuel oil (VLSFO), biofuels and marine gas oils (MGO), and can also store the captured CO2 from nearby vessels. According to Sener, the
A recent analysis by Maersk Mc-Kinney Moller Center has identified four key constraints that may hinder the supply of renewable electricity to the maritime industry in the 2030s and 2040s, potentially leading to a shortage of e-fuels. The key constraints highlight the challenges that need to be addr
