10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Fossil fuels are here to stay just like their greener brethren

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante, including further market consolidation moves.

  • Inaugural cargo lifted from FLNG at BP’s African deepwater project

    17 April 2025
    Business Developments & Projects, Exploration & Production

    The UK-headquartered oil and gas giant BP has loaded the first liquefied natural gas (LNG) cargo from its project offshore Mauritania and Senegal onto an LNG carrier.

  • Construction kicks off on Carnival’s next LNG-powered Excel-class cruise ship

    15 April 2025
    Vessels

    Carnival Cruise Line, part of cruise giant Carnival Corporation, and German shipbuilder Meyer Werft have marked the start of the construction of the former’s fourth, environmentally friendly Excel-class cruise vessel. According to the builder, the ship, christened as Carnival Festivale, will be able to run on liquefied natural gas (LNG), because of which it is […]

  • Energy dominance mission prompts US to supersede current offshore oil & gas leasing program

    21 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The U.S. Department of the Interior (DOI) is on a quest to fulfill the Trump administration’s energy dominance dreams by laying the groundwork to revise the scaled-back oil and gas leasing program, which comes with only three lease sales up to 2029.

  • Brazilian FPSO on track to change hands by month end

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

  • Decarbonization: Oil & gas industry’s biggest challenge

    2 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas companies’ profits.

  • ABS greenlights Tritec Marine’s 20,000 cbm LNG bunker vessel design

    14 April 2025
    Business Developments & Projects, Certification & Classification, Green Marine, Infrastructure, Regulation & Policy, Vessels

    Tritec Marine, a subsidiary of Northern Marine Group and Stena Group, has received approval in principle (AiP) from classification society American Bureau of Shipping (ABS) for its Safe Bunker 20,000 cubic meter (cbm) LNG bunker vessel design.

  • TotalEnergies to restore full gas production at North Sea field this week after operational hiccup

    7 April 2025
    Business Developments & Projects, Operations & Maintenance

    Partners in a natural gas redevelopment project in the Danish sector of the North Sea expect the project to reach its full technical capacity this week, following a month-long hiatus due to an operational obstacle.

  • SBM Offshore’s $400M FPSO deal opens doors to ‘innovative’ financing avenues

    9 April 2025
    Business & Finance, Business Developments & Projects

    SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.

  • Orkney’s marine renewables campus moves to HIE ownership

    2 April 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Vision

    Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase of development, backed by a £2.8 million funding […]

  • Navigating tomorrow: Fortescue, CMB.TECH pen deal for dual-fuel ammonia-powered bulker

    14 April 2025
    Vessels

    Australian green technology, energy, and metals company Fortescue and Belgian shipowner CMB.TECH have inked an agreement for the former to charter the latter’s new 210,000 dwt ammonia-powered dry bulk carrier. As disclosed, Fortescue and Bocimar, part of CMB.TECH, penned a contract covering the charter of a dual-fuel Newcastlemax unit that is part of a series […]

  • Contractor picked for offshore portion of Poland’s first FSRU

    7 April 2025
    Business Developments & Projects, Project & Tenders

    Poland’s gas transmission system operator Gaz-System has selected the general contractor for the offshore portion of the floating storage and regasification unit (FSRU) that will form part of the country’s liquefied natural gas (LNG) terminal in the Gulf of Gdańsk.

  • BW Offshore’s arbitration saga with Brazilian firm ends in settlement

    3 April 2025
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

  • Gas uptick for Shell’s North Sea development project

    15 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has disclosed better porosity and permeability than previously assumed for its natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS). This led the firm’s partner, Deltic Energy, to reveal a boost in recoverable gas volumes from the project.

  • Partners testing feasibility of CO2 storage at mature oil field off Australia

    4 April 2025
    Business Developments & Projects, Research & Development

    Japanese engineering company Chiyoda Corporation and Knutsen NYK Carbon Carriers (KNCC), a joint venture between Japanese shipping major NYK and Norway’s vessel operator Knutsen Group, have won a contract for a feasibility study related to a carbon capture and storage (CCS) project Australia’s Pilot Energy is undertaking with compatriot mining and metals company South32 in Western Australia.

  • TechnipFMC wins big for third phase of Norway’s third-largest oil field

    25 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third phase of what is said to be the third largest oil field on the Norwegian Continental Shelf (NCS). As part of the contract defined as large, meaning it is worth between $500 million and […]

  • CMA CGM receives last of ten eco-friendly 5,500 TEU boxships from Qingdao Beihai

    4 April 2025
    Vessels

    Marseille-headquartered shipping colossal CMA CGM has taken delivery of the final unit in a series of ten 5,500 TEU container vessels, which the company booked at Qingdao Beihai Shipbuilding, part of China State Shipbuilding Corporation (CSSC). As disclosed by France’s classification society Bureau Veritas (BV), the newbuilding, which was christened CMA CGM Tiga, was handed […]

  • ‘China’s first’ pile-based offshore photovoltaic fishery project nears grid connection

    2 April 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development, Technology

    Described by Huasun Energy as “China’s first” pile-based offshore solar fishery project, the Jimo offshore photovoltaic (PV) project is moving toward grid connection, with its first phase slated for completion in April. Developed by PowerChina New Energy Group, the 1.15 GW project integrates solar energy generation with aquaculture to optimize marine resource use. According to […]

  • Tsuneishi launches Japan’s first hydrogen dual-fuel tugboat

    2 April 2025
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Japan’s Tsuneishi Shipbuilding has launched the country’s first tugboat equipped with a hydrogen-powered internal combustion engine.

  • Galveston LNG Bunker Port inks first bunker supply deal

    1 April 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure

    Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement (SPA) for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex within Galveston Bay.

  • Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Transition

    With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to boost its economic might at a time of brewing global instability.

  • Sempra divesting ‘non-core’ assets to focus on US utilities

    2 April 2025
    Business Developments & Projects

    North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities.

  • Cheniere reaches 4,000th LNG cargo mark ‘faster than any producer in history’

    27 March 2025
    Business Developments & Projects

    U.S. liquefied natural gas (LNG) producer and exporter Cheniere Energy has celebrated the 4000th shipment of LNG cargo at its terminal in Louisiana.

  • Maersk names new dual-fuel methanol containership at Maasvlakte II terminal in Rotterdam

    28 March 2025
    Business Developments & Projects, Green Marine, Vessels

    Danish shipping giant A.P. Moller – Maersk has held a naming ceremony for its newest dual-fuel methanol containership at its APM Terminals Maasvlakte II terminal in Rotterdam, the Netherlands.

  • ADNOC’s African footprint grows with acquisition of stake in block off Mozambique

    28 March 2025
    Business & Finance, Business Developments & Projects

    Portugal’s oil and gas company Galp has completed the sale of its upstream assets offshore Mozambique to XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC).