Shell Nigeria Exploratioration and Production Company (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, has completed the first remotely controlled well completion operation in 1,060-meter water depth offshore Nigeria. The operation, performed at the Bonga field, was conducted using
French hydrogen producer Lhyfe has unveiled plans for its first UK plant, which, if approved, would have an initial capacity of 20 megawatts (MW), capable of producing up to eight tons of green hydrogen per day. According to Lhyfe, the plant, named Lhyfe Wallsend, aims to supply a range of organizat
Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve
Houston-headquartered eFuels producer HIF Global and Japanese companies ITOCHU, JFE Steel, and Mitsui O.S.K. Lines (MOL) have signed an agreement to jointly identify and assess potential locations to establish carbon-neutral eFuels facilities in Australia as well as a CO2 supply chain between Austra
South Korean boiler specialist Hyundai Heavy Industries Power Systems (HPS), shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE), CO2 capture technology firm CE-TEK and classification society DNV have signed a joint development program agreement for the research and development of onb
French LNG containment specialist GTT has received an order from its partner, the Korean shipyard Samsung Heavy Industries (SHI), for the tank design of 15 new liquefied natural gas carriers (LNGCs). According to GTT, the order was received in early 2024 on behalf of a “leading” LNG player. GTT will
U.S.-based Helix Energy Solutions Group has won a contract for deepwater well intervention with Esso Exploration and Production Nigeria (ESSO) for a project located approximately 97 kilometers offshore Nigeria. The activities to be carried out in the Erha and Usan fields are expected to commence in
The European Commission (EC) has approved, under the EU Merger Regulation, the creation of a joint venture by Japanese companies INPEX Corporation, Kawasaki Heavy Industries, and Iwatani Corporation that aims to develop a liquefied hydrogen supply chain. On February 22, the EC issued a document stat
Spanish energy major Cepsa and Bio-Oils, a subsidiary of Singapore’s Apical, have commenced construction of a second-generation (2G) biofuels plant in Southern Europe, which will produce sustainable aviation fuel (SAF), renewable diesel (HVO) and biogas. Biogas is a fundamental raw material for the
Denmark has ended its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022, becoming the second country to do so. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were foun
Independent infrastructure provider Vopak has commissioned 40,000 cubic meters of capacity at its Sebarok terminal in Singapore for blending biofuels into marine fuels and converted the existing pipeline system to a dedicated biofuel blending service. According to Vopak, the new capacity at the Seba
According to the LNG terminal operator Deutsche ReGas, Germany’s floating LNG terminal in the port of Mukran has begun trial operations. The floating storage and regasification unit (FSRU) Energos Power reached the industrial port of Mukran and moored at berth 12 on February 24, the operator said, a
Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.
Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean following a major conversion program. Boskalis welcomed BOKA Ocean to its fleet in August 2023 as a pipe-laying vessel, which was then converted into a broadly deployable cable layer. After completin
