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Fresh North Sea oil & gas discovery enriches Norwegian field’s hydrocarbon arsenal
Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea off Norway.
Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’
Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.
‘World’s 1st’ ammonia-powered containership set to debut in 2026, Yara says
Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator
Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion
Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.
Cheniere pens long-term LNG supply deal with Foran
U.S. Cheniere Energy’s subsidiary Cheniere Marketing has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with China’s Foran Energy Group. Under the SPA, Foran agreed to purchase approximately 0.9 million tons per annum (mtpa) of LNG for 20 years from Cheniere M
Tanger Med and Port Said included in EU ETS directive
The European Commission has included Tanger Med and Port Said, two pivotal transshipment hubs, in the European Union’s (EU) revamped carbon pricing regime for ships. This latest update, however, brings a marked change in the way emissions are assessed, and it extends its reach beyond EU borders, her
Study: EU must triple or quadruple installed shore power by 2030
The European Union needs to triple or quadruple its installed shore power by 2030 to meet the current ambitions of the FuelEU Maritime regulation and the Alternative Fuels Infrastructure Regulation (AFIR), a new study estimates.
First steel cut for North Sea-bound unmanned gas production platform – gallery
Aker BP has celebrated the start of the construction phase for a platform, which is destined to be deployed in the North Sea offshore Norway.
Fugro and Ocean Infinity complete work at 3.6 GW floating wind project in Scotland
A geotechnical survey campaign has been completed at the Ossian floating offshore wind farm site in Scotland. Set to be located across 858 square kilometers of seabed off the east coast of Scotland, the project is a joint venture between SSE Renewables, Marubeni, and Copenhagen Infrastructure Partne
Boomsma Shipping and Leonhardt & Blumberg order up to eight low-emission dry cargo ships
Dutch shipowner Boomsma Shipping and German counterpart Leonhardt & Blumberg have placed a joint order for the construction of up to eight 8,500-ton low-emission dry cargo vessels, to be built by the Chowgule and Company – Shipbuilding Division Group in India. JR Shipping Shipbrokers & Consultants a
Murphy eyes first oil in 2026 from offshore project in Southeast Asia
Murphy Oil has sanctioned an oilfield development project in the Cuu Long Basin offshore Vietnam, Southeast Asia.
Uniper to receive ammonia from First Ammonia’s flagship project in Texas
German energy company Uniper and New York-headquartered ammonia plants developer First Ammonia have agreed to cooperate on a green ammonia project in the port of Victoria, Texas. The parties revealed their plans to cooperate on October 30 at the US-German Hydrogen Conference in Berlin. As part of th
Scandlines: Construction progresses on new zero direct emissions ferry
The construction of the new zero direct emission freight ferry ordered by Scandlines for the Puttgarden-Rødby route has begun to take shape, the Danish ferry company revealed.
Alfa Laval eyes business opportunities in hydrogen sector
Swedish sustainable solutions provider Alfa Laval is establishing a new business unit, ‘Business Unit Electrolyzer and Fuel Cell Technologies,’ intending to capture business opportunities in the hydrogen sector. It will be established by January 1, 2024, and will be part of the Energy Division. Alfa