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Outer Harbor project site in February 2024; Source: Venice Energy
Transition

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 1 year ago
'First-of-its-kind' open-access CO2 storage concept gets €225 million EU support
Transition

‘First-of-its-kind’ open-access CO2 storage concept gets €225 million EU support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Transition

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago
Following Australian approval, Singapore's regulator blesses 'flagship' power link
Transition

Singapore’s regulator blesses ‘flagship’ power link two months after Australian approval

Singapore’s electricity regulator the Energy Market Authority (EMA) has given conditional approval for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system, two months after the Australian Gove

about 1 year ago
Green Marine Europe
Transition

Green Marine Europe program reports two-fold increase in participants

Green Marine Europe (GME), the European environmental certification program dedicated to the maritime industry, revealed that the number of program participants more than doubled in just two years.

about 1 year ago
US research vessel undergoes diesel engines upgrade
Transition

US research vessel set for West Coast offshore wind projects after diesel engines upgrade

U.S.-headquartered TDI-Brooks is set to upgrade diesel engines on one of its research vessels to ensure compliance with the regulations of the California Air Resources Board (CARB). The 48-meter-long R/V Brooks McCall is a Jones Act-complaint multi-use vessel said to be suited for various comprehens

about 1 year ago
CMA CGM joins forces with SUEZ on biomethane supplies for gas-powered ships
Transition

CMA CGM joins forces with SUEZ on biomethane supplies for gas-powered ships

French shipping giant CMA CGM has partnered with circular waste management solutions provider SUEZ to work on the production of biomethane and the low-carbon transition of maritime transport. To this end, on October 18, the companies signed a memorandum of understanding (MoU) outlining three main ar

about 1 year ago
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies
Transition

Chinese player entrusted with flagship FLNG project unlocking ‘stranded’ offshore gas fields in Oceania

Wison New Energies has picked up a new assignment with Kumul Petroleum related to Papua New Guinea’s first floating liquefied natural gas (FLNG) unit, which is planned to be deployed to the Gulf of Papua in Oceania to assist the Pacific island country in commercializing its offshore gas fields.

about 1 year ago
PSV design by MMC Ship & Design; Courtesy of Kongsberg Maritime
Transition

Multimillion-dollar award puts Kongsberg in charge of equipping newbuild 10-vessel oil & gas fleet

Kongsberg Maritime has been tasked to provide a wide range of equipment for a new fleet of ten platform supply vessels (PSVs), which are being built by a Chinese shipbuilder for Greece’s vessel owner Capital Offshore Management Corp.

about 1 year ago
Steel cutting ceremony for new CSV occurred at Sefine Shipyard in Türkiye; Source: Agalas
Transition

WATCH: ‘World’s most eco-friendly’ subsea and offshore wind vessel takes first construction steps

Eidesvik Offshore and its partner, Agalas, have begun to build a methanol-powered hybrid construction support vessel (CSV) for offshore wind and subsea operations.

about 1 year ago
Carbon storage (illustration); Source: TGS
Transition

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 1 year ago
FPSO BW Opal; Source: BW Offshore
Transition

Start-up of giant gas development remains on track as flagship carbon capture and storage project propels forward Australia’s journey to net zero

Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field off the coast of Australia. The firm also confirmed the commissioning of a carbon capture and storage (CCS) project in the Cooper Basin, whic

about 1 year ago
Sullom Voe Terminal; Source: Veri Energy
Transition

Trio enriches offshore electrification of oil & gas assets in UK and Norway with carbon capture

Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.

about 1 year ago
18 companies unite for joint industry partnership to accelerate CCUS projects
Transition

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 1 year ago
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