EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields. The post EnQuest widens its Southeast Asian horizons with more oil & gas assets appeared first on Offshore Energy.
Norwegian shipping company Solstad Offshore (SOFF) has received board approval for an anchor handling tug supply (AHTS) from its fleet to carry out a multi-year assignment with Brazil’s state-owned energy giant Petrobras. The post Petrobras and Solstad formalize $84M vessel deal appeared first on Offshore Energy.
Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China. The post Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing appeared first on Offshore Energy.
Germany’s Securing Energy for Europe (SEFE) has finalized an agreement with U.S. energy player Venture Global to purchase an additional quantity of liquefied natural gas (LNG) from a project the latter is developing in Louisiana, United States. The post Venture Global secures top spot in Germany’s LNG market with expanded SEFE deal appeared first on Offshore Energy.
Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the […] The post Minesto slashes costs, closes Wales office in major reorganization appeared first on Offshore Energy.
Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after […] The post Bankruptcy plans halted as industrial player takes an interest in Argeo appeared first on Offshore Energy.
Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia. The post Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG appeared first on Offshore Energy.
The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen. The post European Commission completes hydrogen framework with new low-carbon methodology appeared first on Offshore Energy.
It is Net Zero Week in the UK, a time for raising awareness and reflecting on all matters relating to decarbonisation. Whether viewed through the prism of government policies, corporate strategies, or market dynamics, the overriding impression is one of concern – principally over the enduring challenges of implementing new technologies quickly and at scale, and the practicalities of converting from fossil fuel-based economies to renewable-powered ones. The UK itself has made some progress, and is a useful barometer of progress in an industrialised economy. Total greenhouse gas emissions in 2024 have been provisionally estimated at 371 million tonnes of carbon dioxide equivalent (MtCO2e), a 4% decrease on 2023, according to statistics from the country’s Department for Energy Security & Net Zero, with decreased gas and coal use in the electricity supply and industrial sectors… Read More »Net Zero Week and the quest to decarbonise | Decarbonisation News
LS Marine Solution has been selected as the preferred bidder for the submarine cable […] The post LS Marine Solution to install cables at 390 MW South Korean offshore wind farm appeared first on Offshore Energy.