Business & Finance
Oil & gas firm under scrutiny over potential North Sea license breach
Amid ongoing flaring and venting crackdown, the UK’s regulator has launched a probe to look into an undisclosed oil and gas company.
Autonomous seismic survey subsea nodes set for commercial ops in 2024
Blue Ocean Seismic Services (BOSS) has completed a series of passive and active seismic trials for its Marine Swarm Robotics technology, putting it on track to commence pre-commercial trials in the second half of 2023. Backed by bp Ventures, Woodside Energy and Blue Ocean Monitoring, BOSS is develop
Industry set to talk floating wind in the Netherlands
Although the Netherlands does not have plans to deploy floating offshore wind turbines in its waters, at least not yet, professionals from the industry are coming together to talk floating wind on 29 November at RAI Amsterdam, where Navingo is organising its annual Offshore Energy Exhibition & Confe
Noble jack-up rig spuds Shell’s high-impact gas prospect in North Sea
UK-headquartered energy giant Shell has kicked off drilling operations on a gas prospect in the North Sea, using a Noble-owned rig.
Maersk wants 25pct of ocean cargo to be transported with green fuels by 2030
Danish container shipping major Maersk has set ambitious 2030 targets as part of its 2040 decarbonization strategy that includes having at least a quarter of its ocean cargo transported with green fuels. “Nobody can predict the future, and there is still a lot of uncertainty. In the next 18 years, n
Plans laid for the world’s first tidal energy-powered deep sea container terminal
Centre Port Holdings, a UK-based marine and renewable energy infrastructure developer, has unveiled plans for a scheme that will use tidal energy to power a deep sea automated container terminal capable of processing between 1.5 and 4 million containers annually.
Flex LNG and Cheniere agree to extend charters for three LNG carriers
Norwegian shipping company Flex LNG has secured an extension of time charter agreements with Cheniere’s unit Cheniere Marketing International (CMI) for three liquefied natural gas (LNG) carriers. The new agreement extends the charter periods of Flex Endeavour, Flex Ranger and Flex Vigilant for up to
As gas flows from another well, Black Sea drilling campaign ‘off to a very strong start’
Trillion Energy has revealed the flow test results for the second well in its drilling campaign on a gas field in the Black Sea off Türkiye.
MSC looking at LNG and methanol retrofits
Mediterranean Shipping Company (MSC), the world’s largest ocean carrier by operated container vessel capacity, is exploring retrofitting projects involving various types of fuels including LNG and methanol. The two solutions remain the key options for owners that want to act today on lowering their
Prysmian places order for new cable layer with VARD
Italian cabling giant Prysmian Group is investing approximately €200 million in a new cable-laying vessel which will be equipped with a battery pack for a total power of 3 MW. The new 170-meter-long vessel will be built by the VARD Group, a subsidiary of the Fincantieri Group, just like Leonardo da
Total Eren and VNG to collaborate on green hydrogen import to German and European markets
Germany’s gas company VNG AG and French renewable energy producer Total Eren have announced plans to collaborate on the development of green ammonia imports in Europe. In line with this, the companies have signed a cooperation agreement concerning the import of green hydrogen in the form of ammonia
Equinor unveils plan to invest over $1.4 bln in deepwater gas development
Equinor has submitted a plan for development and operation (PDO) of a deepwater gas discovery project in the Norwegian Sea.
DNV, MPA Singapore renew decarbonization and digitalization partnership
DNV classification society and Singapore’s Maritime Port Authority (MPA) have agreed to continue their collaboration on decarbonization and digital innovation in the maritime industry. Kenneth Lim, Assistant Chief Executive (Industry and Transformation), Maritime and Port Authority of Singapore (MPA
Centrica knocks on Wood’s door for UK North Sea support
Wood has been appointed as an integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.