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UK firm expects its entry into Angola early next year
Business & Finance

With inroads made in Sonangol and INA deals, UK firm expects entry into Angola early next year

Afentra has made progress on completing deals with Sonangol and INA-Industrija Nafte to acquire interests in blocks offshore Angola.

about 3 years ago
HMM
Business & Finance

Report: South Korea needs to end public financing for fossil-fueled ships, including LNG

If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an

about 3 years ago
Tullow expands its oil & gas portfolio in Côte d’Ivoire
Business & Finance

Tullow expands its oil & gas portfolio in Côte d’Ivoire

Tullow Oil has added a new license in Côte d’Ivoire to its asset portfolio, following the inking of a PSC for this offshore license.

about 3 years ago
Israel’s NewMed Energy sees ‘enormous potential’ for gas & oil off Morocco
Business & Finance

Israeli player sees ‘enormous potential’ for gas & oil off Morocco

Israel’s NewMed Energy has inked deals for the natural gas and oil exploration and production activities in a license off Morocco.

about 3 years ago
Fluxys offering 13 additional slots at Zeebrugge LNG terminal
Business & Finance

Fluxys offering 13 additional slots at Zeebrugge LNG terminal

Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has decided to provide additional LNG slots at the Zeebrugge LNG terminal. With an intention to ensure increased LNG supply into Europe, Fluxys will be offering 13 additional primary slots to unload, store and regasify LNG cargo

about 3 years ago
steel cutting for Eastern Pacific Shipping
Business & Finance

Xiamen Shipbuilding cuts steel for 3rd EPS feeder

Chinese shipbuilder Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel cutting ceremony for a 2,900 TEU feeder being built for Eastern Pacific Shipping (EPS). This is the third vessel from a series of six firm vessels, ordered back in March 2022. Under the contract, EP

about 3 years ago
Odfjell asked to address nonconformities on semi-submersible rig
Business & Finance

Odfjell asked to address nonconformities on semi-submersible rig

Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

about 3 years ago
Strategic Biofuels kicks off Louisiana Green Fuels project
Business & Finance

Strategic Biofuels kicks off Louisiana Green Fuels project

Louisiana-based green energy supplier Strategic Biofuels has started construction works on its Louisiana Green Fuels (LGF) project, the first renewable diesel project in North America to achieve “negative” carbon emissions. According to Strategic Biofuels, the LGF project is estimated at $2.8 billio

about 3 years ago
Eco Wave Power’s wave project wins Innovation Award in Spain
Business & Finance

Eco Wave Power’s wave project wins Innovation Award in Spain

Eco Wave Power’s planned wave project at Port Adriano has won the Timón de Innovación Award (the Innovation Award) granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands.

about 3 years ago
German giant to develop ‘largest discovery in Norway in 2021’ to ramp up gas exports to Europe
Business & Finance

More gas for Europe, as German giant unveils plans to develop ‘largest discovery in Norway in 2021’

Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.

about 3 years ago
TSOs formalise intention to develop H2Med subsea hydrogen link
Business & Finance

TSOs formalise intention to develop H2Med subsea hydrogen link

Spanish, French and Portuguese transmission system operators (TSOs) have signed a memorandum of understanding (MoU) to collaborate on the development of the proposed H2Med project, which is described as the first hydrogen corridor in the EU. The MoU was signed by Spanish Enagás, French GRTgaz and Te

about 3 years ago
CMD-MAN 8G95ME-C10.6-EGRTC
Business & Finance

Super-large main engine intended for Seaspan’s newbuild passes FAT in China

CSSC-MES Diesel (CMD), a subsidiary of CSSC Power (Group), celebrated a massive milestone last week with the successful completion of the factory acceptance test (FAT) for CMD-MAN 8G95ME-C10.6-EGRTC main engine. This is the first CMD-MAN 8G95ME-C10.6-EGRTC main engine built by CMD in China. The test

about 3 years ago
Havfram Subsea appoints UK managing director from within
Business & Finance

Havfram Subsea appoints UK managing director from within

Norway-based Havfram Subsea has appointed Gregor Scott, who has been with the company for a decade, as managing director for its UK business. Over the last ten years, Scott has held commercial and leadership roles within Havfram and as managing director for the UK will be responsible for the deliver

about 3 years ago
UK player takes part in expansion project aimed at ramping up gas production off Israel
Business & Finance

UK player plays part in expansion project aimed at ramping up gas production off Israel

Amarinth has delivered two pumps, which will be used for a second oil train on an FPSO working on the Energean-operated field, off Israel.

about 3 years ago
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