Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.
Italy’s oil and gas company Eni has begun offloading the first LNG cargo into Snam’s (Italy’s energy company) new regasification terminal in Piombino. The LNG was produced at Egypt’s Damietta liquefaction plant, one of the facilities where Eni made investments. Eni stated it acquired regasification
The Biden-Harris Administration has decided to invest $4 billion as part of Investing in America agenda to boost the electrification of the US ports.
NKT has secured a final order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, with an order value exceeding €600 million.
MODEC is moving to the engineering, procurement, construction, and installation (EPCI) phase for ExxonMobil’s FPSO destined to work in Guyana.
Australian Provaris Energy and Norwegian Hydrogen AS have completed a pre-feasibility study on hydrogen export, demonstrating the potential for low-cost delivery of green hydrogen from Norway to Europe, commencing in 2027. According to Provaris, a preferred site in Norway has been identified for the
A newbuild 210,000 dwt LNG dual-fuel bulk carrier built for Singapore-based shipowner Eastern Pacific Shipping (EPS) has been named at Chinese shipyard New Times Shipbuilding (NTS). The vessel was named Mount Tai during a ceremony held on 4 May at the Chinese shipyard. Following the naming ceremony,
Murphy Oil started drilling its second well in the U.S. Gulf of Mexico, after making a new oil discovery at its first prospect in 2023.
ABB has announced that it will collaborate with Lhyfe and Skyborn to jointly realise and optimise SoutH2Port renewable hydrogen project located in Sweden. Together with Lhyfe and Skyborn, ABB will drive large-scale integration of the production of offshore wind renewable energy hydrogen into the ene
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed up a step last week.
Shell has hired Australia’s engineering company Worley to support its deepwater development project in the U.S. Gulf of Mexico (GOM).
Once again we have witnessed a busy week with many exciting developments in the renewable and clean energy sector, including the multi-billion-euro TenneT offshore power cable deals. Supporting energy transition in Europe, TenneT awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Den
Two oil majors, Shell and ConocoPhillips, have joined their peers in posting 1Q 2023 results, which were hampered by lower oil & gas prices.
HGK Shipping, Hydrogenious LOHC Maritime and Hydrogenious LOHC Technologies have signed a Memorandum of Understanding (MoU) with the goal to develop a scalable solution to make hydrogen available as a source of energy on a large scale. According to HGK, the technology is based on hydrogen, which is
