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US player progressing oil project offshore Equatorial Guinea
Vaalco Energy has received the seal of approval from the government of Equatorial Guinea for the joint operating agreement (JOA).

Noble steps up its offshore drilling decarbonization game
Noble Corporation has embarked on the fleetwide rollout of a digital emission-monitoring solution, which has now been fitted on 29 rigs.

ExxonMobil partners with JERA for its low-carbon hydrogen project
ExxonMobil and JERA signed a project framework agreement to explore the development of a low-carbon hydrogen and ammonia production.

Three Velesto jack-up rigs pick up more drilling work with Petronas
Petronas has booked three jack-up rigs from Velesto, a compatriot rig owner, for more drilling operations off the coast of Malaysia.

Türkiye puts wind in Black Sea oil & gas exploration sails while chasing energy independence
Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.

MEPC 81: Lion’s share of countries throw support behind global GHG price for shipping
As this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (MEPC 81) winds down, a clear majority of developed and developing countries have supported a global greenhouse gas (GHG) price for shipping.

Inter-array cable installation completed at Neart na Gaoithe offshore wind farm
Cable burial activities at the inter-array routes within the Neart na Gaoithe offshore wind farm site have been completed, following the wrap-up of cable installation works in January. The pre-lay grapnel run (PLGR) along the inter-array cable (IAC) routes was completed in November 2023 by the vesse

TotalEnergies’ huge North Sea gas project back online following massive redevelopment
TotalEnergies has restarted gas production from its giant redevelopment project in the Danish sector of the North Sea.

SafeWAVE project extended until June 2024
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until June 2024.The decision to extend the project was revealed on March 20, stating it will enable SafeWave to make more progress in utilizing the abundant marine renewable

Lloyd’s Register: Safety is crucial for adoption of ammonia as marine fuel
A report by Lloyd’s Register has highlighted the need for an industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel.

Germany’s first land-based terminal for liquefied gases proceeds to next phase with FID in place
Hanseatic Energy Hub (HEH), Germany’s first land-based terminal for liquefied gases in Stade, has reached the final investment decision (FID) and is preparing for the official groundbreaking ceremony.

Ulsan Port joins DNV’s decarbonization network to spearhead green efforts
Ulsan Port has become a member of DNV Korea’s decarbonization network, reaffirming its pledge to environmentally friendly shipping practices.

U-Ming, ITOCHU eye joint development of ammonia-fueled ships
U-Ming Marine Transport, a subsidiary of Taiwanese shipping company U-Ming Marine Transport Corporation, has signed a memorandum of understanding (MoU) with Japan’s ITOCHU Corporation to explore the joint ownership and operation of ammonia-fueled ships.

Welsh government names winners of $945K tidal lagoon challenge
The Welsh government has revealed winners of the Tidal Lagoon Challenge, a program committed to making Wales a world center for emerging tidal energy technologies. The £750,000 (approximately $945,000) program was launched in June 2023, seeking to select at least three research projects that will he