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While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and royalties by pouring $21.9 billion. The post Australia’s energy backbone: Oil & gas firms set to boost tax revenue with $21.9 billion appeared first on Offshore Energy.

Hellenic Cables has been awarded a contract by Seaway7 for the supply of approximately […] The post Hellenic Cables bags East Anglia Two inter-array cable deal appeared first on Offshore Energy.

Japanese major Mitsubishi Heavy Industries (MHI) has commenced a study aimed at formulating a plan for the facilities and logistics necessary to export green hydrogen and ammonia from India. The post MHI begins work on export logistics plan for green hydrogen and ammonia from India appeared first on Offshore Energy.

Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed […] The post Canadian firm raises $1.83M to advance wave energy tech appeared first on Offshore Energy.

The US-based classification society American Bureau of Shipping (ABS) has granted approval in principle (AIP) for a next-generation autonomous technology developed by South Korean shipbuilders HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI) and HD Hyundai Marine Solution (HD HMS) for liquefied natural gas (LNG) carriers. The post Next-gen autonomous tech from HD Hyundai Group greenlit by ABS, ready for real-ship demo appeared first on Offshore Energy.

The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals. The post €4.5 trillion investor coalition urges EU to hold the line on methane cuts appeared first on Offshore Energy.

DEME has secured a contract for the transport and installation of inter-array cables on […] The post DEME to install inter-array cables on new German offshore wind farm appeared first on Offshore Energy.

The U.K.’s oil and gas major BP has prolonged the stay of two drillships in the Gulf of America (previously known as the Gulf of Mexico) from the fleet of the U.S.-headquartered offshore drilling giant Noble Corporation. The post Noble’s high‑spec drillship duo wins $620M US Gulf extensions with BP appeared first on Offshore Energy.

Norwegian vessel owner DOF Group has secured several project awards in the North America […] The post DOF gets project awards for three vessels to keep working in North America appeared first on Offshore Energy.

Italy’s energy giant Eni and its co-venturers have reached the final investment decision (FID) to develop a floating liquefied natural gas (FLNG) project in the north of Mozambique. The post Eni moves ahead with second FLNG unit in Mozambique’s supergiant basin appeared first on Offshore Energy.