Great Britain’s regulator, the North Sea Transition Authority (NSTA), has given its blessing for the drilling of a carbon storage appraisal well on the UK Continental Shelf (UKCS). The post UK’s carbon storage drive advances with go-ahead for North Sea appraisal well appeared first on Offshore Energy.

BW LNG, part of BW Group, has confirmed the start of work for the second of two new liquefied natural gas (LNG) vessels with Norway’s state-owned energy giant Equinor. The post BW LNG’s second vessel kicks off its gig with Norwegian energy giant appeared first on Offshore Energy.

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has taken steps to engage in talks with the UK government to strike a deal and unlock multibillion-dollar energy industry investment boost by replacing the energy profits levy (EPL). The proposed regulatory shift has the potential to pave the way for homegrown energy growth, fortifying energy security and tax revenues, which are set to rise as the oil and gas windfall tax replacement looms. The post UK signals readiness for oil & gas tax shift with £50 billion energy investment in play appeared first on Offshore Energy.

U.S. subsea engineering and applied technology firm Oceaneering has launched its new electric-propulsion remotely […] The post Oceaneering’s new electric ROV capable of continuous 30-day subsea ops appeared first on Offshore Energy.

Canada-based Valeura Energy, an oil and gas company, is seeking further insight from Thailand regarding the Southeast Asian country’s recent request to oil producers to postpone planned downtime at oil production facilities and temporarily suspend crude oil exports. The post Middle East oil supply disruption spurs Thailand to zero in on domestic production appeared first on Offshore Energy.

A four-partite Japanese consortium has formed a Japan-New Zealand hydrogen corridor and will study […] The post Four-party consortium sets up Japan-New Zealand hydrogen corridor appeared first on Offshore Energy.

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has connected a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) asset at a field off the coast of Benin. The post MOPU and FSO units linked, marking new milestone for African oil field revival appeared first on Offshore Energy.

Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, has put South Korea’s Hanwha Ocean on module fabrication duty for its planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel. The post Chevron hires Hanwha Ocean for Mediterranean gas field expansion appeared first on Offshore Energy.

Offshore fabrication contractor Lamprell has been tasked by India’s state-owned energy company Oil and […] The post Lamprell tasked with replacing 285 kilometers of subsea pipeline in India appeared first on Offshore Energy.

Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant. The post Aker BP picks up clearance for oil & gas drilling ops with Noble rig appeared first on Offshore Energy.