Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company. The post ADNOC handing over stake in OMV to affiliate appeared first on Offshore Energy.
China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification […] The post Wuhu Shipyard earns double green light for novel 18,600 dwt tanker design appeared first on Offshore Energy.
Billions of dollars in energy and technology investment are set to pour into Pennsylvania, the US Mid-Atlantic state, following a high-profile summit in Pittsburgh attended by US President Donald Trump. The summit provided details of specific investments, complementing the previously announced artificial intelligence and new tech strategic push. Overall, around $90bn-worth of projects are in the pipeline. What was once Pennsylvania’s largest coat plant, for example, is set to be converted into a $10bn natural gas-powered data centre. Homer City Generating Station will have seven gas turbines on site powering up to 4.5GW of electricity. Google and Blackstone are both spending around $25bn on data centre infrastructure – the latter also includes natural gas plant spend – and CoreWeave is investing $6bn. Adopting a characteristically bullish tone, President Trump said the US “was not catching… Read More »Pennsylvania to attract billions in energy and tech investments | United States
SBM Offshore has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the coast of Guyana. The post WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock appeared first on Offshore Energy.
Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the […] The post MMA Offshore no longer, rebrands to Cyan Renewables appeared first on Offshore Energy.
Chinese dry bulk vessel owner Fujian Guohang Ocean Shipping Group has exercised order options for two 89,000 dwt methanol dual-fuel bulk carriers at compatriot Wuhu Shipyard. The post Fujian Guohang brings its methanol DF bulker tally at Wuhu Shipyard to ten appeared first on Offshore Energy.
Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers. The post Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels appeared first on Offshore Energy.
Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA). The post IRENA: Growth in renewables highlights regional imbalance appeared first on Offshore Energy.
OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has drilled a dry well off the coast of Norway, using a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor. The post OMV’s Norwegian wildcat ends up being dry appeared first on Offshore Energy.
The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have secured an extension for a production exploration license (PEL) in Namibia’s Orange Basin. The post Namibian-Canadian duo secures another year of Orange Basin exploration appeared first on Offshore Energy.