Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway. The post Oil & gas operator keeping Saipem’s 2012-built rig busy into 2028 appeared first on Offshore Energy.
China Energy Engineering Group (CEEC) has begun operating a large-scale green hydrogen-based ammonia and methanol project in Songyuan, China. The first phase of the project reportedly has a planned annual output of 45,000 tonnes of green hydrogen, and 200,000 tonnes of green ammonia and methanol. H2 View understands this makes it the largest project of its kind globally. Local reports said the site also features the world’s largest ground-based hydrogen storage project, which can help balance variable renewable power. The Songyuan project has also secured international sustainability certification under the ISCC EU and has signed a supply agreement for green ammonia as a marine fuel. Dutch shipowner Cmb.Tech confirmed it will source green ammonia from CEEC’s facility to fuel its first ammonia-powered vessels from 2026. Future phases are planned to significantly expand capacity. The developer… Read More »Songyuan green hydrogen-ammonia-methanol project begins operations in China | Hydrogen
Damen Shipyards Group, a Dutch shipbuilding giant, has held a keel-laying ceremony for Herman Senior’s new multi-purpose vessel (MPV) at the Albwardy Damen shipyard in Sharjah, United Arab Emirates (UAE). The post Damen starts construction of new multi-purpose vessel for Herman Senior appeared first on Offshore Energy.
It promises to be a fascinating year in energy in 2026 as we will find out which industries and trends will prosper or stall, as economic pressures bite and decarbonisation accelerates in some markets and splinters in others. This article is based on S&P Global’s Energy Horizons top trends which includes forecasts for policy, technology and green molecules. Profound geopolitical splits The US is charting its own course, driven by rapid AI growth and placing more emphasis on fossil fuels and LNG over cleantech. Europe is working to reconcile diverse objectives, while China is consolidating its cleantech leadership and seeking to draw global markets closer. … to continue reading you must be subscribed To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before… Read More »AI, grid infrastructure and China green hydrogen: the hot topics in 2026 | Features
Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering […] The post Subsea7 and Equinor extend IMR deal for 2013-built vessel appeared first on Offshore Energy.
Bermuda-based shipowner and charterer SFL Corporation has decided to divest two ten-year-old Suezmax tankers and end charters for two more such vessels. The post SFL sheds Suezmax tanker duo and pulls the plug on charters for two other vessels appeared first on Offshore Energy.
Offshore works, which included turbine recovery, have been completed at MeyGen, described as the […] The post Maintenance and upgrade work completes at world’s largest tidal stream array appeared first on Offshore Energy.
Building on their previous ties, Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushiki Kaisha (NYK Line) have teamed up to split ownership in four liquefied natural gas (LNG) carriers that are yet to be constructed. However, available charter options could double the newbuilding fleet to eight LNG vessels. The post Ocean Yield and NYK Line pool resources on LNG vessel quartet with four more on the cards appeared first on Offshore Energy.
Norway’s oil and gas player Aker BP has prolonged an assignment Oslo Stock Exchange-listed oil services company Archer is carrying out in the Norwegian sector of the North Sea. The post Archer staying on North Sea platform drilling and maintenance duty for three more years appeared first on Offshore Energy.
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery […] The post Three vessels to go as AtoB@C Shipping takes delivery of ninth plug-in hybrid newbuild appeared first on Offshore Energy.