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Norway casts light on recent North Sea oil discovery

Following an oil discovery at a prospect off the coast of Norway, the Norwegian Offshore Directorate (NOD) has revealed further insight into the latest black gold find in the North Sea. The post Norway casts light on recent North Sea oil discovery appeared first on Offshore Energy.

$4 billion oil & gas assignment in Middle East breaks Chinese companies’ record

Qatar’s state-owned oil & gas giant QatarEnergy has entrusted China’s Offshore Oil Engineering Company (COOEC) with two segments of work related to its redevelopment project off the Persian Gulf state’s coast. This package set, worth approximately $4 billion, is said to set a new contract value record for Chinese enterprises in the Middle East region’s offshore oil and gas realm. The post $4 billion oil & gas assignment in Middle East breaks Chinese companies’ record appeared first on Offshore Energy.

DNV: The stage is set for next phase of maritime energy transition

Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050. The post DNV: The stage is set for next phase of maritime energy transition appeared first on Offshore Energy.

Port of Kiel can now supply 7 ships with shore power simultaneously

Germany’s Port of Kiel has completed the final phase of construction on its shore power infrastructure. With this new expansion, the port can now supply up to three cruise ships and four ferries with emission-free electricity at the same time. The post Port of Kiel can now supply 7 ships with shore power simultaneously appeared first on Offshore Energy.

Singapore-China partnership sets its cap on LNG procurement and trading

With the idea of pursuing a collaboration in liquefied natural gas (LNG) procurement and related trading services, Singapore’s Abaxx Commodity Exchange, an affiliate of Abaxx Technologies, has joined forces with Zhonggong Petroleum & Natural Gas (Zhonggong), an energy company with provincial-level priority projects in the north and southwest China, developed in coordination with the National Energy Administration. The post Singapore-China partnership sets its cap on LNG procurement and trading appeared first on Offshore Energy.