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ONE, Ningbo Zhoushan Port team up on shore power initiatives in China

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Singapore-based shipping company Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) have joined forces to explore new approaches to shore power utilization. The post ONE, Ningbo Zhoushan Port team up on shore power initiatives in China appeared first on Offshore Energy.

Closing oil & gas chapters in Azerbaijan and Nigeria garners $2 billion for Equinor’s portfolio enhancement

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Equinor has crossed the finish line for the divestment of its upstream assets in Azerbaijan and Nigeria, bringing a consideration of up to $2 billion to fuel the firm’s oil and gas portfolio optimization mission. The post Closing oil & gas chapters in Azerbaijan and Nigeria garners $2 billion for Equinor’s portfolio enhancement appeared first on Offshore Energy.

US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns

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QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club members. The post US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns appeared first on Offshore Energy.

UK firm makes a move to secure rig for gas drilling ops offshore Timor-Leste

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Sunda Energy has set the wheels in motion to ensure its drilling plans for an appraisal well at a gas field off the coast of Timor-Leste can move forward by reaching a non-binding letter of intent (LOI) with an undisclosed drilling contractor regarding commercial negotiations for a definitive deal. The post UK firm makes a move to secure rig for gas drilling ops offshore Timor-Leste appeared first on Offshore Energy.

CMB.TECH offloads three Suezmaxes on fleet rejuvenation quest

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As part of its fleet rejuvenation agenda, Belgium-based shipowner CMB.TECH has sold three of its Suezmax tankers for nearly $120 million. The post CMB.TECH offloads three Suezmaxes on fleet rejuvenation quest appeared first on Offshore Energy.