Business & Finance
Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway
Tendeka has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the NCS.
Seaspan terminates deal for four LNG-powered newbuilds
Hong Kong-based containership owner Seaspan Corporation has canceled the contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings. The company said on Thursday that the decision was made as the counterparty failed to meet certain conditions in the contracts, hinting th
Hyundai Samho bags LNG-powered PCTC pair
South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Marine Engineering Co., has won an order for the construction of two LNG dual-fuel pure car truck carriers (PCTC). The order is worth KRW 331 billion ( approximately $ 237 million) and it has been placed by
Dolphin Drilling takes the first step toward public listing comeback
Harsh environment and deepwater drilling contractor, Dolphin Drilling, has confirmed that it is being activated on the Euronext N-OTC list as of 15 September 2022.
Approval secured for high-impact exploration well in North Sea
Parkmead Group has secured approval to drill its high-impact well on the Skerryvore prospects in the UK Central North Sea.
TEN eyes more dual-fuel ships
Greek shipping company Tsakos Energy Navigation (TEN) is accelerating its fleet modernization efforts as it seeks to invest in greener ships. The company said it was looking into divesting some of its older vessels and replacing them with more modern, eco-friendly vessels. The strategy builds upon t
Equinor takes steps to curb CO2 emissions at its largest operated field outside Norway
Equinor has embarked on replacing diesel with natural gas as the main fuel for power generation at an offshore field in Brazil.
Magseis Fairfield secures more North Sea work
Magseis Fairfield has secured an increased project scope for an offshore survey in the North Sea awarded in June 2020. The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately three months, using the Z700 technology. It was initially scheduled to co
DBJ, ClassNK establish green ship finance program
Development Bank of Japan (DBJ) and classification society ClassNK have established “Zero-Emission Accelerating Ship Finance (program)” to support the maritime industry’s transition toward decarbonization.
Govt reinstates largest offshore oil & gas lease sale in U.S. history
BOEM has reinstated the first oil & gas lease sale, held under the Biden administration, for acreage in federal waters in the Gulf of Mexico.
Woodside makes progress with regulatory approval process for Browse to NWS project
Woodside has made what is said to be a significant step in the regulatory approval process for its operated Browse to North West Shelf Project in Australia.
Baltic Pipe receives operating permit
The Baltic Pipe project has received the operating permit, completing the process of obtaining all necessary decisions. The offshore gas pipeline is scheduled for partial commissioning this October and full commissioning on 1 January 2023, at a full annual capacity of up to 10 BCM. The opening cerem
Provaris, Total Eren to import hydrogen to Europe and Asia via compressed hydrogen supply chain
Provaris Energy, an Australian developer of integrated compressed hydrogen projects, has signed a memorandum of understanding (MoU) with French renewable energy independent power producer (IPP) Total Eren to cooperate on the development of solutions to transport green hydrogen projects to Asia and E
Brazilian well back online with two more to follow suit later this month
Enauta has restarted production from one well on a Brazilian field and expects the remaining two to be back online by the end of the month.