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Developer of UK-France interconnector agrees collaboration with Portsmouth City Council
Business & Finance

Developer of UK-France interconnector agrees collaboration with Portsmouth City Council

AQUIND Ltd, the company behind the planned namesake 2 GW electricity interconnector between the UK and France, has established a collaboration with the Portsmouth City Council for the delivery of the project. AQUIND and Portsmouth City Council entered into a works co-operation agreement on 5 Septemb

about 2 years ago
North Sea gas project 'rapidly taking shape' with start of pipeline survey
Business & Finance

North Sea gas project ‘rapidly taking shape’ with start of pipeline survey

A pipeline route survey has begun on the Anning and Somerville field developments located in the Southern North Sea. Furthermore, Hartshead Resources NL (HHR) and Rockrose Energy, joint venture partners standing behind the project, have received bids for the platforms. Hartshead Resources NL reporte

about 2 years ago
Bumi Armada
Business & Finance

Bumi Armada’s carbon storage and injection vessel wins nod from ABS

The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by Malaysian offshore energy major Bumi Armada, has won approval in principle (AiP) from the ABS classification society. Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liqui

about 2 years ago
ADNOC Gas strikes $450-550 million LNG supply deal with PetroChina
Business & Finance

ADNOC Gas strikes $450-550 million LNG supply deal with PetroChina

UAE’s integrated gas processing company ADNOC Gas has signed an agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), to supply liquefied natural gas (LNG) to PetroChina International (PCI), a subsidiary of oil and gas company PetroChina. ADNOC Gas said that LNG

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

Brazilian FPSO coming back on stream by next month

Enauta is anticipating the return of production from an FPSO vessel, which is working on a field off Brazil, by October 2023.

about 2 years ago
Northern Lights
Business & Finance

Sumitomo, Toho Gas, K Line & Woodside explore CCS value chain feasibility between Australia and Japan

Japanese industry giants Sumitomo, Toho Gas, Kawasaki Kisen Kaisha (K Line) and Australian Woodside Energy (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a carbon capture and storage value chain between Australia and Japan.

about 2 years ago
FPSO Montara Venture; Source: Jadestone Energy
Business & Finance

Australian FPSO comes online but storage capacity ‘constrained’ with repairs ongoing

Jadestone Energy has restarted production from a floating production storage and offloading (FPSO) vessel in the Timor Sea offshore Australia.

about 2 years ago
Maersk methanol powered feeder
Business & Finance

Maersk’s methanol-powered feeder to transport Amazon’s goods

Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m

about 2 years ago
FPSO Guanabara; Source: MODEC
Business & Finance

11 more FPSOs in Brazil’s pre-salt layer on Petrobras’ five-year agenda

Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.

about 2 years ago
VLAC
Business & Finance

Eastern Pacific pens deal for world’s largest ammonia carrier pair, orders up to 10 more ships from different yards

China’s shipbuilding major Jiangnan Shipbuilding has signed a contract with Singaporean shipping company Eastern Pacific Shipping for the construction of two 93,000 cbm liquid ammonia carriers. The design of the very large ammonia carriers (VLAC) has been derived from the shipbuilder’s fourth genera

about 2 years ago
US researchers developing autonomous robot for subsea oil & gas pipeline inspection
Business & Finance

US researchers developing autonomous robot for subsea oil & gas pipeline inspection

The University of Houston is developing an autonomous robot that will be able to identify potential pipeline leaks and structural failures during subsea inspections at oil & gas projects. The SmartTouch technology, being developed by researchers at UH, consists of remotely operated vehicles (ROVs) e

about 2 years ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business & Finance

TEAMER picks 10 marine energy research support recipients

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 10 projects through its latest call to share $1 million in research support for their marine energy-related activities.

about 2 years ago
ADNOC
Business & Finance

ADNOC powers decarbonisation drive with electrification and CCUS while curbing methane and boosting energy efficiency

ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.

about 2 years ago
€90 million Italian undersea cable starts operating
Business & Finance

Italy’s €90 million undersea cable starts operating

Italian transmission system operator (TSO) Terna has put into operation the €90 million undersea cable that connects the island of Elba with Italy’s mainland – a project said to be of fundamental importance for the country’s entire electricity system. The power line connects Portoferraio and Piombin

about 2 years ago
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