London-based Intertek has delivered a permit feasibility study for Xlinks’ subsea cable system between the UK and Morocco. UK-based Xlinks is developing the world’s longest 3.6 GW subsea power link between the UK and Morocco, which will transit through the territorial waters of France, Spain and Por
Italy’s Eni completed the agreement with partners, ensuring the resumption of production at the Damietta liquefied natural gas (LNG) plant in Egypt.
Governments controlling a major share of the world’s shipping tonnage submitted today the proposal to the UN International Maritime Organization (IMO) to establish a $5 billion Maritime Research Fund. The fund would be formed by using mandatory contributions from the world’s shipping companies. The
Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2020 in its newly released annual report.
A Chinese-flagged fishing vessel has run aground off the coast of Mauritius causing a minor spill, Reuters reported citing the country’s Minister of Fisheries and Shipping. Lu Rong Yuan Yu 588 vessel, carrying 130 tonnes of oil, ran aground off Pointe-aux-Sables, in the northwest of the main island,
Offshore seismic player Shearwater GeoServices has secured a contract for a 4D monitor acquisition survey from Total E&P Angola. The survey comprises a two-month project on the GJDR development area of Block 17 commencing in Q1 2021. For the purpose of the project, Shearwater said it will utilise on
Sub-Saharan Africa’s first FLNG terminal in Tema, Ghana is set to receive its maiden cargo in the coming weeks.
Offshore survey player TDI-Brooks has recently completed two environmental baseline studies (EBS) for Cabinda Gulf Oil Company Limited (CAGBOC) and ExxonMobil offshore Angola. The project saw TDI- Brooks deploy its 49-metre oceanographic research vessel R/V Proteus to blocks 0 and 14 for CAGBOC and
OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.
Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says.
Norwegian shipowner Solstad Offshore said Thursday it has inked contracts for two of its subsea construction vessels (CSVs) in the renewables and seismic sectors. The CSV Normand Fortress has secured a contract with UK-based contractor Manor Renewable Energy for operation on a UK wind farm. The cont
United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.
