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David Whitehouse CEO, Offshore Energies UK (OEUK)

Business Developments & Projects

OEUK pushes for UK carbon capture funding amid budget concerns

Britain’s trade body for the offshore energy industry Offshore Energies UK (OEUK) has urged the UK government to stay committed to supporting additional carbon capture, usage, and storage (CCUS) projects as concerns mount over potential funding cuts in the upcoming comprehensive spending review (CSR

about 1 year ago

Business Developments & Projects

Wallenius Wilhelmsen rolls out net zero-aligned sustainable financing framework

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Norwegian roll-on/roll-off (RoRo) shipping and logistics company Wallenius Wilhelmsen has launched a sustainable framework promoting green financing practices.

about 1 year ago

Business Developments & Projects

Offshore survey on schedule for UK’s first carbon storage permit

A geophysical offshore survey is scheduled to start next month at the first-ever carbon storage permit in the UK, being developed by a joint venture between BP, Equinor and TotalEnergies. The geophysical offshore survey for the Northern Endurance Project (NEP) is expected to begin on March 4, taking

about 1 year ago

Business Developments & Projects

Partners eye hydrogen-as-ammonia exports from Canada to South Korea

Trigon Pacific Terminal and Ulsan Free Economic Zone Authority (UFEZ) have signed a memorandum of understanding (MoU) that will see the two entities establish a framework to expand collaboration on the development of hydrogen-as-ammonia exports from Canada to South Korea.

about 1 year ago

Business Developments & Projects

Hanwha orders MAN’s dual-fuel engines for LNG carrier duo

Hanwha Ocean has placed an order with German manufacturer MAN Energy Solutions (ES) for four engines to be installed on two liquefied natural gas (LNG) carriers it is building for an undisclosed shipowner.

about 1 year ago

Business Developments & Projects

Lloyd’s Register gives its blessing to Brazilian 24-meter USV

Maritime classification society Lloyd’s Register has awarded Approval in Principle (AiP) to Brazilian company TideWise for a 24-meter uncrewed surface vessel (USV) capable of performing offshore subsea inspection operations at depths of up to 2,500 meters. According to Lloyd’s Register, the AiP conf

about 1 year ago

Business Developments & Projects

ONE names its first owned methanol/ammonia-ready newbuild

Singapore-based shipping company Ocean Network Express One (ONE) has held a naming ceremony for its first owned newbuild container vessel – the 13,800 TEU methanol-ready ONE Sparkle.

about 1 year ago

ADNOC Gas' Das Island LNG facility; Source: HS Switchgear FZCO

Business Developments & Projects

$7-9 billion gas deal strengthens India-UAE LNG ties

ADNOC Gas has landed a multi-year liquefied natural gas (LNG) supply agreement worth billions with Indian Oil Corporation, fortifying energy bonds between the United Arab Emirates (UAE) and India.

about 1 year ago

Business Developments & Projects

Stimulation ops underway at Canadian firm’s gas field off Türkiye

Canada’s oil and gas player Trillion Energy is pressing on with stimulating natural gas production at a field off the coast of Türkiye following weather-induced delays.

about 1 year ago

From right to left: Mr. Hardeep Singh Puri, Minister of Petroleum and Natural Gas of the Government of India, Mr. Chandrasekhar N, Head of Research and Development, BPCL, Ms. Inna Braverman, Founder a

Business Developments & Projects

Eco Wave Power and BPCL seal the deal for wave energy development in India

Wave energy developer Eco Wave Power has signed a memorandum of understanding (MoU) with Bharat Petroleum Corporation Limited (BPCL) to explore the potential of wave energy in India. According to Eco Wave Power, the agreement aims to advance the country’s renewable energy ambitions by leveraging it

about 1 year ago

Sale of Golar Arctic LNG carrier marks Golar's exit from LNG shipping business arena

Business Developments & Projects

Bermuda player takes its leave from LNG shipping scene with vessel disposal

Golar LNG has taken steps to divest a 22-year-old liquefied natural gas (LNG) carrier, bidding farewell to the LNG shipping segment in the process, as this ship is the last LNG carrier in the Golar fleet.

about 1 year ago

Topside for the Quiluma offshore wellhead platform; Source: Saipem

Business Developments & Projects

Saipem, BP & Eni JV cheer ‘major’ achievement toward start-up of first non-associated gas project (Gallery)

Saipem has outlined the inroads made in putting a natural gas project, said to be Angola’s first non-associated gas development, into operation mode, with the construction of a gas production topside for an Angola-bound offshore platform.

about 1 year ago

Business Developments & Projects

New partnership looking into sustainable propulsion technologies

Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems.

about 1 year ago

Transocean Endurance rig; Source: Songa Offshore/Transocean

Business Developments & Projects

Transocean rig trio’s ongoing drilling gigs get an encore

Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia.

about 1 year ago