BOEM has set a new date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico after postponing it to comply with a court order.
Hydrogen technology company Zero Emission Industries (ZEI) has completed a $8.75 million Series A financing round led by Chevron New Energies, with participation from Trafigura and Crowley, to fund the rollout of its next-generation fully integrated marine power system. Formerly known as Golden Gate
Boskalis’ largest semi-sub heavy transport vessel has transported Shell’s new FPU, destined for deployment in the U.S. Gulf of Mexico.
With an “all of the above” task in its hands, the offshore energy industry has found itself working on innovative and more efficient solutions and nature-inclusive projects, while at the same time trying to build as many new clean energy projects as possible to meet the targets.
The Haisla Nation and Pembina Pipeline, partners in the development of the proposed Cedar floating LNG export project in Canada, have signed heads of agreement (HoA) with shipbuilding company Samsung Heavy Industries (SHI) and LNG infrastructure solutions company Black & Veatch to secure access to s
After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. On November 13, CPLP said it had entered into an umbrella agreement with
US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.
Glenfarne Energy Transition has selected Baker Hughes to supply gas compression technology equipment for its Texas LNG export terminal to be constructed in the Port of Brownsville, Texas. The order for the gas technology equipment is part of the partnership between Glenfarne’s subsidiary Texas LNG a
Chevron New Energies, a Chevron U.S. division, and the government of Angola have signed a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Angola. The signature was hosted in October 2023 in Luanda, Angola, by Cabinda Gulf Oil Company Limited (CABGOC), Ch
LNG production and maritime transportation logistics provider Seaside LNG has entered into a term bunkering agreement with Carnival Corporation & plc to fuel Carnival Jubilee, the first LNG-powered cruise ship to call Galveston, Texas its homeport. Seaside LNG explained that its barge Clean Jacksonv
U.S.-based LNG company Excelerate Energy and the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) have signed an LNG sale and purchase agreement (SPA) under which Petrobangla agreed to purchase 0.85 to 1 million tons per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning Jan
Classification society American Bureau of Shipping (ABS) has given approval in principle (AIP) for a next-generation FPSO hull design concept. The AIP was granted for the Sterling Streamline next-generation concept design for large FPSO newbuild hulls from Shapoorji Pallonji Energy (SPE). The design
