Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
Neptune Energy has secured two types of permits from Norwegian authorities for drilling operations in the Norwegian Sea.
French container shipping major CMA CGM is moving its operations to a larger terminal at the Port of Yokohama, set to be equipped with shore power and LNG bunkering infrastructure. The move was announced by the Yokohama Kawasaki Port Corp (YKIP) saying that CMA CGM signed a reservation deal with CMA
DOF Group has reported that its fleet achieved an average utilization of 88% in the third quarter of 2022, an increase from 83% in the same period last year, backed by “continued high activity and good performance” in subsea regions. In Q3 2022, DOF’s revenue totaled NOK 2,862 million, an increase f
Enauta has interrupted production from a well located on a field offshore Brazil ahead of the original schedule.
C-Innovation (C-I) has signed a multi-year contract with a “major operator” in the Gulf of Mexico for the New Well Delivery Program and inspection, repair and maintenance (IRM) services. Two light construction vessels will be deployed, with C-Constructor supporting the New Well Delivery Program and
Jadestone Energy has decided to terminate the deal to acquire operatorship and interest in an oil field project located offshore New Zealand.
The Italian shipping company Grimaldi Group has signed an order for the construction of five new Pure Car Truck Carriers (PCTCs) with China Merchants Heavy Industries Jiangsu, which is part of China Merchant Industry Holdings. The agreement foresees an option for additional five units, for a total i
Oil and gas company Energean has confirmed that the first gas has been delivered at its operated Karish field, located offshore Israel.
The German government approved the acquisition of a minority stake in HHLA Container Terminal Tollerort (CTT) by the Chinese company COSCO Shipping Ports Limited (CSPL), Hamburger Hafen und Logistik confirmed earlier today. The approval is subject to conditions, which include a limitation of the sha
Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support the energy transition.
London-based equipment innovator SodaFlexx has developed a concept to treat exhaust gas emissions from ships with sodium bicarbonate powder, also known as baking soda. As of 1 January 2020, the IMO Sulphur Cap entered into force limiting the use of sulphur in fuel oil used on board ships operating o
ExxonMobil has made two discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block offshore Guyana.
