Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy
More news

Your trusted source for global offshore energy news, part of the Navingo network.

Topics

Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy

Network

Offshore Energy
Offshore Wind
NavalToday
Dredging Today

Company

Advertising
Newsletter
Jobs
Report your news
Privacy

Business & Finance

Filter by region

Loading filters...

Fossil Energy FPSO & Vessels Oil & Gas Authorities & Government Business Developments & Projects Exploration & Production Human Capital Outlook & Strategy Project & Tenders Regulation & Policy Rules & Regulation Market Outlooks Clean Fuel Hydrogen Other Fuels Carbon Capture Usage & Storage Technology Green Marine Infrastructure Innovation Ports & Logistics Transition Vessels Collaboration Subsea Rigs Environment Surveys & Interventions Equipment Research & Development LNG

Filter by topic

Business & Finance

Canadian oil & gas player facing charges over FPSO incident

Regulator has laid charges against Suncor Energy related to an incident from 2019 on an FPSO off Canada, in which a worker was injured.

about 3 years ago

Business & Finance

Highest FPS throughput capacity since 2010 greenlighted in 2022, says Westwood

Westwood has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010.

about 3 years ago

Business & Finance

Chevron leads investments in Svante’s carbon capture technology

Carbon capture and removal solutions provider Svante has raised $318 million to accelerate the manufacturing of its carbon capture technology, with Chevron New Energies (CNE), Chevron USA’s unit focusing on low-carbon, being the lead investor in its Series E fundraising round. “We are advancing a fu

about 3 years ago

Business & Finance

Port of Vancouver tests the waters with low and zero-emission fuels

The Vancouver Fraser Port Authority is testing various low-and zero-emission fuels and technologies at the Port of Vancouver, as part of its efforts to phase out all port-related emissions by 2050. Through the Low-Emission Technology Initiative, being implemented by the port authority and the Provin

about 3 years ago

Business & Finance

Trafigura to learn the ropes on using methanol with dual-fuel tanker chartered from Waterfront Shipping & Clean Sea

Canada’s Waterfront Shipping, a subsidiary of Methanex, the world’s largest producer, and supplier of methanol, has entered into a time-charter agreement with Trafigura for a methanol dual-fuel tanker. Under the agreement, Trafigura will operate the co-owned Waterfront Shipping and Clean Sea medium-

about 3 years ago

Business & Finance

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago

Business & Finance

Belledune Port Authority eyes nuclear technology as part of clean energy projects

The Belledune Port Authority (BPA) in Canada has teamed up with Cross River Infrastructure Partners, a U.S.-based project development company focusing on climate-positive technologies, to pursue the use of advanced small modular reactor (aSMR) technology. The development proposes to use aSMR from AR

about 3 years ago

Business & Finance

Canadian FPSO still on track to come back online next year

Suncor has revealed that the Terra Nova life extension project is ongoing while the FPSO is still expected back in Canada by year-end.

about 3 years ago

Business & Finance

Enbridge finalises partnership deal in Woodfibre LNG

Canadian pipeline and energy company Enbridge has completed the transaction relating to its partnership agreement with Pacific Energy to jointly invest in the Woodfibre LNG project. The companies announced their intention to jointly invest in the construction and operation of the project earlier thi

about 3 years ago

More North Sea rigs heading for greener pastures next year, says Westwood

Business & Finance

More rigs exiting North Sea next year, despite semi-sub activity picking up in 2022, says Westwood

Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.

about 3 years ago

ExxonMobil hires Odfjell rig for work in Canada

Business & Finance

ExxonMobil hires rig for work in Canada

ExxonMobil has awarded a deal for operations in Canada to a rig owned by SFL Corporation and managed by Odfjell Drilling.

about 3 years ago

Business & Finance

International declaration calls for reduction of greenhouse gas emissions from fossil fuels

The European Union, United States, United Kingdom, Canada, Japan, Norway and Singapore have signed a joint declaration on reducing greenhouse gas emissions from fossil fuels, committing to take rapid action to address the climate and energy security crises. The parties said they affirm the need to a

about 3 years ago

Business & Finance

Kraken Robotics scoops $8 million in new R&D contract

Kraken Robotics has signed an R&D contract with a “global energy company” which will provide $8 million of cash funding to its Brazilian subsidiary over a three-year period. Under the project, Kraken will continue the development of artificial intelligence (AI), machine learning software and subsea

about 3 years ago

Business & Finance

Siem vessel going back to Canada to work for BP

Siem Offshore has secured a deal for one of its dual-fuel PSVs with BP, which will enable the vessel to return to Canadian waters once again.

about 3 years ago