Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.
Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeli
Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.
FGEN LNG, a wholly-owned subsidiary of Philippine utility First Gen, has received the permit to operate and maintain (POM) its interim offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas, Philippines.
With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici
President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.
Dutch Climate and Green Growth Minister Sophie Hermans has included LionLink, said to be the first direct-current hybrid interconnector, in the country’s latest Offshore Wind Energy Development Framework. LionLink will use the offshore grid connection of Nederwiek 3 offshore wind farm in the Netherl
Two Greek shipping companies pleaded guilty and were sentenced for violating the US Act to Prevent Pollution from Ships (APPS), which implements the International Convention for the Prevention of Pollution from Ships (MARPOL), falsifying records and obstruction of justice. As disclosed, the two part
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon
As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing lique
With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30
As another turbulent year for the energy markets, 2024 witnessed a further escalation in geopolitical tensions and conflicts, leading to a mixed bag of achievements, missed opportunities, and rough energy seas not only for the goal of tripling clean sources of supply but also for dominant fossil fue
The investigation into the damage that occurred on Christmas day on the Eastlink 2 undersea cable between Finland and Estonia in the Baltic Sea has found a dragging track on the seabed that is dozens of kilometers long, the Finnish police reported. To remind, Finland’s transmission system operator (
