Eco (Atlantic) Oil & Gas has completed the transaction with compatriot Africa Oil Corp. enabling the latter’s subsidiary to increase its stake in a block offshore South Africa. The post Canadian firm finalizes stake sale in South Africa’s Orange Basin block appeared first on Offshore Energy.
Norwegian company Nel has decided to temporarily halt production at the alkaline electrolyzer production facility in Herøya, Norway. The post Nel halts alkaline electrolyzer production in Norway appeared first on Offshore Energy.
Underwater solutions company SMD has teamed up with UK-headquartered tech player Beam to deploy […] The post AI-enabled ROV ops chart deeper offshore pathways for wind industry work appeared first on Offshore Energy.
As part of its commitment to building a ‘future-ready’ fleet, the UK-based shipowner and […] The post Sailing green: James Fisher books LNG dual-fuel tanker quartet in China appeared first on Offshore Energy.
A new investment shot that will be poured into Yinson Production has been secured with a consortium of international investment firms to pave the way for the Malaysian giant’s growth journey, with a smaller slice of the $1 billion equity financing pie earmarked for the controlling shareholder. The post $1 billion liquidity injection comes Yinson Production’s way to bankroll FPSO player’s growth aspirations appeared first on Offshore Energy.
A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam. The post Murphy finds oil pay offshore Vietnam appeared first on Offshore Energy.
Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption. The post EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels appeared first on Offshore Energy.
European Maritime Finance (EMF), together with Daehan Shipbuilding and Atlas Maritime, has celebrated the name-giving of its latest eco LR2 115,000 DWT tankers. The post European Maritime Finance names four new eco LR2 tankers appeared first on Offshore Energy.
Danish shipping company Norden has decided to expand its fleet with two new fuel-efficient 17,500 dwt multipurpose (MPP) vessels. The post NORDEN enriches project cargo fleet with two fuel-efficient MPPs appeared first on Offshore Energy.
The Port of New Orleans (Port NOLA) has been awarded a whopping $1,000,000 from […] The post Port NOLA secures ‘landmark’ $1 million EPA grant for green terminal vision appeared first on Offshore Energy.