Norwegian shipbuilder VARD has cut the first steel for the first hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore. The steel cutting that marks the official start of construction for the first newbuild OECV, named Island Evolution, too
A keel-laying ceremony has been held for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy.
U.S. liquefied natural gas (LNG) export project developer Venture Global has disclosed its intention to expand its LNG facility south of New Orleans, Louisiana.
The Danish Energy Agency has received two applications in the tender for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark, launched at the beginning of 2025. The tender, opened on January 9, covers three areas near the Danish coast – Jammerbugt, Lisa and In
One of the semi-submersible rigs, owned by Transocean, is on the move to reach an offshore site where it will embark on a multi-well drilling campaign to unlock natural gas from a project in the Black Sea.
Oslo-listed oil and gas E&P player BW Energy has made what it says is a “substantial” oil discovery at a field in the Dussafu license off the coast of Gabon, Africa, using a Borr Drilling jack-up rig.
MODEC has achieved further progress in the construction of a floating production, storage, and offloading (FPSO) destined for a big upcoming natural gas project off the coast of Brazil, thanks to the workers hired to turn the unit plan into reality, hitting 1 million work hours without lost time acc
The U.S. Department of Energy (DOE) has handed out its third liquefied natural gas (LNG) approval since President Donal J. Trump returned to the White House, enabling more time to start LNG exports from the Golden Pass LNG terminal (GPX) export project in Sabine Pass, Texas.
After finalizing the acquisition of 95% of the shares of the UK-based midstream LNG & BioLNG company Avenir LNG, Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has disclosed its intention to buy the latter’s remaining shares.
Houston-based energy player Vaalco Energy has entered into a revolving credit facility to provide short-term funding for its planned investment programs over the next few years.
Allseas’ recently converted shallow-water pipelay barge has completed nearshore construction activities for the Darwin Pipeline Duplication project being developed by Australian energy giant Santos offshore Northern Australia. The flat-bottom, anchored barge Sandpiper carried out the work to deliver
BP has made another gas discovery in the Mediterranean region within the Egyptian Exclusive Economic Zone (EEZ).
The European Commission is pushing for a workforce shift as part of its Clean Industrial Deal, encouraging offshore oil and gas workers to transition into renewables, mainly offshore wind and ocean energy. Commission President, Ursula von der Leyen said: “Here we need your input. For example, on how
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) has shared an update on the reprocessing being carried out for an exploration block off the coast of Uruguay.
