The pioneering design for a floating carbon storage and injection unit (FCSIU), developed by Malaysian offshore energy major Bumi Armada, has won approval in principle (AiP) from the ABS classification society. Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liqui
UAE’s integrated gas processing company ADNOC Gas has signed an agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), to supply liquefied natural gas (LNG) to PetroChina International (PCI), a subsidiary of oil and gas company PetroChina. ADNOC Gas said that LNG
Enauta is anticipating the return of production from an FPSO vessel, which is working on a field off Brazil, by October 2023.
Japanese industry giants Sumitomo, Toho Gas, Kawasaki Kisen Kaisha (K Line) and Australian Woodside Energy (Woodside) have signed a non-binding memorandum of understanding (MOU) to jointly conduct a feasibility study to establish a carbon capture and storage value chain between Australia and Japan.
Jadestone Energy has restarted production from a floating production storage and offloading (FPSO) vessel in the Timor Sea offshore Australia.
Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m
Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.
China’s shipbuilding major Jiangnan Shipbuilding has signed a contract with Singaporean shipping company Eastern Pacific Shipping for the construction of two 93,000 cbm liquid ammonia carriers. The design of the very large ammonia carriers (VLAC) has been derived from the shipbuilder’s fourth genera
The University of Houston is developing an autonomous robot that will be able to identify potential pipeline leaks and structural failures during subsea inspections at oil & gas projects. The SmartTouch technology, being developed by researchers at UH, consists of remotely operated vehicles (ROVs) e
The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 10 projects through its latest call to share $1 million in research support for their marine energy-related activities.
ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.
Italian transmission system operator (TSO) Terna has put into operation the €90 million undersea cable that connects the island of Elba with Italy’s mainland – a project said to be of fundamental importance for the country’s entire electricity system. The power line connects Portoferraio and Piombin
Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.
Oilfield services company SLB and INEOS Energy have established a technology partnership to collaborate on subsurface technologies implementing digital artificial intelligence solutions. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen to collaborate and innovate subsurface techno
