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UK’s political and fiscal regime hampers Deltic’s ability to fund its share of appraisal costs for North Sea discovery
Deltic Energy is still on the lookout for a farm-out partner to ensure that its share of costs will be secured for the appraisal of a gas discovery in the North Sea.
Chinese shipbuilder picks up two large LNG carrier orders
China’s Dalian Shipbuilding has signed a contract to build two 175,000 cubic meter large-scale LNG vessels for Ocean Jade Invested Limited.
More work for Sapura Energy with Petronas group of companies
Malaysia-based Sapura Energy has secured a contract for the delivery of underwater services for the Petronas group of companies and petroleum arrangement contractors. Sapura Energy’s wholly-owned subsidiary Sapura Subsea Services has been awarded with a contract for the provision of Pan Malaysia und
Ørsted’s FlagshipONE e-methanol project reaches new milestone
Carbon Clean has started the module assembly process at Ørsted’s FlagshipONE eMethanol project in Sweden.
Europe’s first all-electric tug launched
Dutch shipbuilder Damen Shipyards Group has launched the fully electric RSD-E Tug 2513 being built for the Port of Antwerp-Bruges.
TOWT orders six more sailing cargo ships
French sailing freight transport company TransOceanic Wind Transport (TOWT) has ordered six more vessels from compatriot shipbuilder Piriou.
QatarEnergy doles out $6 billion for 18 huge LNG vessels on historic fleet expansion mission
QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.
Two contracts with Petrobras to bring over $192 million to DOF
Norwegian vessel owner DOF Group has secured multiple contracts with Brazilian state-owned oil and gas giant Petrobras expected to generate revenue beyond $192 million. Following a competitive tender process, Petrobras awarded new long-term charter and service contracts to Norskan Offshore and DOF S
Saudi’s NEOM secures $2.7 billion for development of major projects
NEOM has secured a new revolving credit facility (RCF), worth $2.7 billion, that will support short-term financing requirements as NEOM moves forward with the development of major projects.
Wallenius Wilhelmsen: CO2 intensity target achieved in 2023
Norwegian shipping and logistic company Wallenius Wilhelmsen has updated its progress on emissions targets and performance related to its sustainability-linked financing framework established in 2022.
Works at full speed at New York’s 1.25 GW subsea HVDC link
DeepOcean has completed its first campaign under a contract with NKT for the provision of subsea construction support for a subsea HVDC cable that will link the Canadian border and New York. DeepOcean reported that its U.S. operation had wrapped up the first campaign for the Champlain Hudson Power E
BW Energy pens $150 million deal for production facility working offshore Gabon
BW Energy has inked a sale and lease back agreement with Minsheng Financial Leasing Co (MSFL) for an offshore production facility.
Monjasa completes first biofuels supply off Peru
Marine fuels supplier Monjasa has supplied a total of 510 tonnes of B30 marine biofuels to the Cargill-operated dry bulk carrier, Infinity Sky.
Chevron widens its oil & gas footprint in Namibia with operatorship of two offshore blocks
Chevron has enriched its offshore oil and gas portfolio in Africa with the entrance into a new license off the coast of Namibia.