Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES Corporation by a consortium led by Global Infrastructure Partners, part of BlackRock, viewing it through the lens of opportunity, as BlackRock’s
Swiss underwater robotics company Hydromea and Norwegian state-owned energy firm Equinor have achieved the first-ever real-time, high-bandwidth wireless transmission of data from the ocean floor directly to the cloud. Hydromea’s SWiG-ready LUMA Free-Space Optical (FSO) devices transmitted high volum
After the latest sanctions package hit a wall in the form of Hungary’s opposition, research from Germany’s non-profit environmental research organization, Urgewald, shows that the February liquefied natural gas (LNG) export figures related to Russian Arctic LNG cargos, which flowed to the European U
Eco Wave Power’s wave energy project at the Jaffa Port in Israel has achieved its highest average and peak production levels during record three-meter wave conditions. The EWP-EDF One wave energy pilot project operated for approximately nine days during February under moderate wave conditions, with
Norway’s state-owned energy giant Equinor has obtained the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has established an intermediate holding company charged with overseeing the group’s ship management companies, as a move aimed at strengthening group-wide ship management structure. K Line Ship Management Holdings (KLSM-H) will begin operating o
Norway’s oil and gas player Wellesley Petroleum has received the blessing from the country’s authorities for the drilling of an exploration well in the Norwegian sector of the North Sea, which is expected to be carried out using a semi-submersible rig managed by Odfjell Drilling, an offshore drillin
Norwegian energy data and intelligence company TGS is set to deploy its seismic vessel Ramform Vanguard for an oil & gas site survey, followed by two offshore wind campaigns, in the upcoming summer season in Europe. TGS reported that the 1998-built Ramform Vanguard is set to kick-start a new acquisi
Great Britain’s regulator, the North Sea Transition Authority (NSTA), has given its blessing for the drilling of a carbon storage appraisal well on the UK Continental Shelf (UKCS).
BW LNG, part of BW Group, has confirmed the start of work for the second of two new liquefied natural gas (LNG) vessels with Norway’s state-owned energy giant Equinor.
Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has taken steps to engage in talks with the UK government to strike a deal and unlock multibillion-dollar energy industry investment boost by replacing the energy profits levy (EPL). The proposed regulatory shift has
U.S. subsea engineering and applied technology firm Oceaneering has launched its new electric-propulsion remotely operated vehicle (ROV), said to be designed for continuous 30-day subsea operations. The Momentum electric work-class ROV features plug‑and‑play sensors, advanced 360-degree vision, auto
Canada-based Valeura Energy, an oil and gas company, is seeking further insight from Thailand regarding the Southeast Asian country’s recent request to oil producers to postpone planned downtime at oil production facilities and temporarily suspend crude oil exports.
A four-partite Japanese consortium has formed a Japan-New Zealand hydrogen corridor and will study the commercialization of green hydrogen production in New Zealand and export operations to Japan. Mitsui O.S.K. Lines (MOL), Obayashi Corporation, Kawasaki Heavy Industries (KHI), and Chiyoda Corporati
