U.S.-based tanker owner Overseas Shipholding Group (OSG) has obtained a $400,000 grant from the United States Department of Energy (DOE) to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the commercial feasibility of developing
U.S. energy major New Fortress Energy (NFE) has revealed that the construction of its Santa Catarina (TGS) terminal in Brazil is complete, and the company is looking forward to the arrival of the floating storage and regasification unit (FSRU) Energos Winter in January 2024. The first LNG terminal i
The latest lease sale for acreage in the Gulf of Mexico under the Biden administration has gathered nearly $382.2 million in high bids.
Shell has made a final investment decision (FID) for a deepwater oil development in the U.S. Gulf of Mexico.
Classification society ABS has joined hands with Garden Reach Shipbuilders and Engineers (GRSE), Seatech Solutions International and Shift Clean Energy to work on the development of electric tugboats for the Indian market.
Almost two months after the delivery of subsea equipment for Woodside Energy in the Gulf of Mexico, Texas-based oil and gas services company Trendsetter Engineering has begun work on another Woodside project. Trendsetter Engineering (TEI) has won a contract with Woodside Energy to provide several su
A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.
As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national a
TGS has won a contract for proprietary ocean bottom node (OBN) data acquisition, which will be carried out in the Gulf of Mexico.
Koil Energy Solutions, formerly known as Deep Down, has got its hands on a multi-million-dollar contract for innovative flying leads from an undisclosed operator in the Gulf of Mexico.
Yale-based start-up Oxylus Energy has converted captured carbon dioxide (CO2) into methanol using an electrolyzer at room temperature and pressure at a production-level scale. On December 13, Oxylus Energy said it had passed the key benchmark test for the deployment and commercialization of its prop
U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and
