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Borr jack-up rig spuds final well on its list of drilling tasks with BW Energy

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BW Energy has started drilling the last well in its current program at an oil field in the Dussafu license off the coast of Gabon, Africa. The drilling activities are being carried out with a jack-up rig owned by Borr Drilling, an offshore drilling contractor. The post Borr jack-up rig spuds final well on its list of drilling tasks with BW Energy appeared first on Offshore Energy.

PLOCAN joins Net-Zero Mar Alliance to boost maritime decarbonization

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The Oceanic Platform of the Canary Islands (PLOCAN) has joined the Net-Zero Mar Alliance, an initiative aimed at accelerating the decarbonization of the maritime and port sectors. The post PLOCAN joins Net-Zero Mar Alliance to boost maritime decarbonization appeared first on Offshore Energy.

Smooth seas ahead for Premier Alliance, FMC says

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The US Federal Maritime Commission (FMC) has cleared the Premier Alliance, a global shipping […] The post Smooth seas ahead for Premier Alliance, FMC says appeared first on Offshore Energy.

Decision over progressing Brazilian oil discovery to FEED entry stage due in spring

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Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, which represents the entry into front-end engineering design (FEED), for an oil field discovery in the Santos Basin off the coast of Brazil. The post Decision over progressing Brazilian oil discovery to FEED entry stage due in spring appeared first on Offshore Energy.

GTT-COSCO collab sets out to strengthen LNG, ethane shipping sector

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French LNG containment specialist GTT has signed a strategic cooperation agreement with China’s COSCO Shipping LNG Investment and COSCO Shipping Heavy Industries to explore joint development of LNG carriers, ethane carriers, floating LNG (FLNG) units., and crude carriers. The post GTT-COSCO collab sets out to strengthen LNG, ethane shipping sector appeared first on Offshore Energy.

Infinium joins forces with Summit Carbon Solutions to advance e-fuel production

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U.S.-based e-fuels provider Infinium and compatriot operator of carbon capture and storage (CCS) facilities Summit Carbon Solutions have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed e-fuels facility in North Dakota or South Dakota. The post Infinium joins forces with Summit Carbon Solutions to advance e-fuel production appeared first on Offshore Energy.

UK carbon capture risks and affordability called into question | CCS

Committee says UK ‘gambling’ on CCS but CCSA says technology is proven Committee says UK ‘gambling’ on CCS but CCSA says technology is proven The UK government’s backing of unproven, first-of-a-kind carbon capture technology to reach Net Zero is high risk and more work on the programme’s affordability for taxpayers and consumers is needed, according to a Public Accounts Committee (PAC) report. With no examples of CCUS technology operating at scale in the UK, the PAC’s inquiry heard it may not capture as much carbon as expected, with international examples showing expectations for its performance are far from guaranteed. Sir Geoffrey Clifton-Brown MP, Chair of the Committee, said, “Government is gambling on carbon capture technology becoming foundational to achieving Net Zero. In this context, it is welcome to see government learning lessons from past failures… Read More »UK carbon capture risks and affordability called into question | CCS