3119 results found for 'origin karoon'

3119 results found for 'origin karoon'
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  • Shell enriches gas business with $16.4 billion ARC Resources takeover

    27 April 2026
    Business & Finance, Business Developments & Projects

    UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources.

  • Upping green shipping ante: First newbuild vessel to run on Wärtsilä’s ammonia engine

    27 January 2026
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Wärtsilä has found a first home for its ammonia engine, which will power a new cargo vessel in Norway-based Skarv Shipping Solutions’ fleet, advancing the ship’s decarbonization arsenal and enriching the maritime industry’s green toolbox.

  • Green ammonia offtake deal strengthens India-Europe supply corridor

    13 January 2026
    Business & Finance, Business Developments & Projects, Transition

    German energy player Uniper has sealed a renewable ammonia offtake agreement with AM Green Ammonia, a partnership among AM Green, Gentari, GIC and Abu Dhabi Investment Authority (ADIA).

  • 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria.

  • Readers’ choice: Offshore Energy’s most-read news in 2025

    1 January 2026
    Authorities & Government, Automation, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Environment, Equipment, Exploration & Production, Green Marine, Heavy lifting, Human Capital, Infrastructure, Innovation, IT & Software, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Safety, Storage, Technology, Transition, Vessels, Vision

    As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks back at the most-read stories that drew the most interest throughout 2025. […]

  • $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security.

  • Chevron earmarks $7 billion for offshore oil & gas moves in Guyana, Mediterranean and US Gulf

    4 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S.-headquartered energy giant Chevron has unveiled its multibillion-dollar budget for next year, setting aside around $7 billion for offshore oil and gas plays across Guyana, Eastern Mediterranean and the Gulf of America (U.S. Gulf of Mexico).

  • IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

    1 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Transition

    The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned that the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum which threatens to fragment global shipping decarbonization efforts.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • Dutch CO2 quintet paving the way for Northwest Europe’s cross-border CCS network

    28 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Transition

    Five Dutch CO2 infrastructure projects, which signed grant agreements under the Connecting Europe Facility (CEF Energy), have set their cap on spotlighting how their collaboration lays the groundwork for a cross-border CO2 transport and storage network, linking emitters in Northwest Europe with permanent geological storage sites in the Netherlands.

  • Europe urged to step-up its renewable hydrogen game

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Technology, Transition

    The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders to scale up incentives, funding opportunities, and market fundamentals for clean technology, especially the landscape surrounding hydrogen made from renewable sources.  

  • New CEO days away from taking the reins at Karoon

    30 October 2025
    Business & Finance, Business Developments & Projects, Human Capital

    Karoon Energy, Australia’s oil and gas company, has revealed the name of its new Managing Director and Chief Executive Officer (MD and CEO), who will step into the role next month.

  • Bermuda receives environmentally friendly ferry duo from Strategic Marine

    18 November 2025
    Business Developments & Projects, Vessels

    Singapore-based shipbuilder Strategic Marine has handed over a pair of low-emission catamaran ferries to the Government of Bermuda. As disclosed in a social media post, the 40-meter-long newbuildings were delivered to the Bermudan government ahead of schedule. The vessels were designed by Australia’s One2Three Naval Architects. The handover of the units, which will be able […]

  • Origin, Karoon wrap up Browse basin transaction

    12 August 2014
    Business & Finance

    Origin Energy Limited has completed the acquisition of Karoon Gas’ 40% stake in two offshore exploration permits (WA- 315-P and WA-398-P) in Western Australia’s Browse Basin. Under the terms of the transaction, Origin has paid Karoon a US$600 million cash consideration with additional payments of US$75 million payable upon a project Final Investment Decision (FID) and US$75 million […]

  • Origin, Karoon skip Poseidon permits pre-emption hurdle

    1 July 2014
    Business & Finance

    PetroChina and ConocoPhillips have not exercised their pre-emption rights in relation to Karoon’s sale of its 40 per cent interest in the Poseidon exploration permits to Origin, Karoon has reported. This clears the way for Origin’s purchase of the WA-315-P and WA-398-P in Western Australia’s Browse Basin (Poseidon permits) from Karoon. The permits contain large and prospective offshore gas […]

  • £50 billion going down the drain as UK keeps oil & gas windfall tax in place

    27 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the move it portrays as a bitter blow to the UK’s energy workers and industry players.

  • Croatia’s coast to see development of hybrid energy-based floating dock

    20 November 2025
    Business Developments & Projects, Infrastructure, Ports & Logistics, Transition

    A construction contract for a hybrid floating dock at the Iskra Shipyard in the Croatian town of Šibenik has been signed under what is claimed to be the “largest investment plan” for the sector in the region. As disclosed, the €30 million (around $34.5 million) agreement regarding the building of the floating dock was signed […]

  • Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels

    3 November 2025
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation, Transition

    The Clean Arctic Alliance has welcomed the Nordic Council’s adoption of a resolution concerning polar fuels, which calls on Nordic governments to craft and implement a regulation that would mandate the application of cleaner, marine fuels that could cut black carbon emissions whilst operating in the Arctic region. The Nordic Council had adopted the resolution, […]

  • South Korean and US ports formalize green shipping corridor agreement

    7 November 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Transition

    South Korea’s Busan Port Authority (BPA) and the Ulsan Port Authority and the United States’ Northwest Seaport Alliance (NWSA), the Port of Tacoma (PoT) and the Port of Seattle have penned a formal agreement aiming to strengthen efforts in establishing a green shipping corridor. As officials from environmental organization Pacific Environment have shared, the NWSA […]

  • Mersey tidal power project moves forward with cooperation extension

    6 November 2025
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Liverpool City Region Mayor Steve Rotheram has extended a “successful and productive” collaboration with K-Water, the Korean company behind the “world’s largest” tidal power facility at Sihwa Lake. The memorandum of agreement (MoA), first signed three years ago, is supporting the Combined Authority’s plans to harness the tidal power potential of the River Mersey.  According […]

  • EU must act now to ensure access to clean fuels, industry players highlight

    30 October 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners and Airlines for Europe (A4E) have once again urged the European Commission (EC) as well as national governments to “ensure bold action“ to speed up the availability of affordable clean maritime and aviation fuels and support production in Europe. As ECSA has reiterated in its call to the commission, the EC’s Sustainable […]

  • Indian yard clinched by Norwegian player to build six fit-for-future chemical tankers

    11 November 2025
    Business Developments & Projects, Vessels

    Indian shipbuilder Swan Defence and Heavy Industries Limited (SDHI) has shaken hands with Norway-based shipping company Rederiet Stenersen for the construction of six future-proof 18,000 dwt chemical tankers. As divulged by SDHI on November 10, the two parties signed a letter of intent (LoI) for the building of the IMO Type II hybrid tankers under […]

  • IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization

    4 November 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Transition

    IBIA and INTERCARGO have formed a partnership to reinforce collaboration on decarbonization, safety, and quality.

  • AYK Energy marks battery renewal project on Svitzer’s diesel-electric tug quartet as complete

    4 November 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    Andorra’s marine battery manufacturer AYK Energy has wrapped up a battery renewal deal for a quartet of hybrid tugs owned by Denmark-based towage service provider Svitzer. The units in question are the 33-meter-long diesel-electric tugboats presently operating at Chevron Australia’s Gorgon LNG terminal in Barrow Island, Western Australia, AYK Energy has noted. According to the […]

  • Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat

    21 November 2025
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of commentators’ reactions, sparking both applause and outrage. While some are calling it vital for national security, energy independence, and job creation, others see it as a major risk that could jeopardize the $250 billion coastal economy and millions of jobs in […]