Ofgem has approved the strategic electricity transmission reinforcements required to deliver the UK Government’s 50 GW offshore wind by 2030 target, set out as part of the regulator’s Accelerated Strategic Transmission Investment (ASTI) framework. The decision confirms that all SSEN Transmission pro
Bermuda-based owner and operator of liquefied gas carriers Seapeak has completed the acquisition of Danish shipping company Evergas. On 29 December, Seapeak, formerly known as Teekay LNG Partners, said it had completed the previously announced acquisition of Greenship Gas Trust and Greenship Gas Man
Russia’s state-owned shipping company Sovcomflot (SCF Group) has welcomed into the fleet a new generation LNG-fuelled Aframax oil tanker Okeanskiy Prospekt. The 112,650 dwt ship was built at the Zvezda SSC in Primorsky Territory, and its construction was financed by the Russian state development cor
The search for four people aboard a downed helicopter, which went down in the U.S. Gulf of Mexico, has been suspended.
The U.S. Coast Guard (USCG) has launched a search and rescue (SAR) mission for four people aboard a downed helicopter in the Gulf of Mexico.
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Semb
Norwegian marine survey contractor Argeo has secured a loan of NOK 20 million (approximately €1.9 million) from Innovation Norway. According to Argeo, the yield is 6,2 per cent, the duration is six years and the loan is on certain conditions. The company has not disclosed any other details. “We are
TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government an agreement relating to the rearrangement of certain provisions of
Japan, the world’s top importer of LNG, is working with marine insurers in the country to ensure LNG imports from Russia are not jeopardized in the wake of the latest sanctions against Moscow. Three companies from Japan, Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, and Mitsui Sumito
A new monitoring technology that is said to ensure more frequent checks of the future CO2 storage and results in less impact on the environment is currently being tested for Project Greensand in the North Sea. Magseis Fairfield reported last week that it had mobilized its MASS III nodes and modular
Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to s
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has fully transferred the new shipbuilding area of the Koyagi Plant at Nagasaki Shipyard & Machinery Works to compatriot Oshima Shipbuilding. The transfer of dock and quay facilities was completed on December 27 in line with the agreement signed in Mar
Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into the Brasse license in the northern North Sea. The aim of the partnership is to undertake a fast-track, low-cost review to assess whether a value accretive development concept can
Russia’s power generating company EL5-Energo has signed a contract with compatriot natural gas producer Novatek to supply green electricity from a wind farm to the Cryogas-Vysotsk LNG project. Under the contract, the energy of EL5-Energo’s wind farm with an installed capacity of 90 MW will be suppli
