Blog

The Port of Rotterdam Authority has secured a €90 million loan from the European […] The post €90M loan for Port of Rotterdam’s shore power development appeared first on Offshore Energy.

Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico. The post As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs appeared first on Offshore Energy.

The Northern Lights CO2 project in the Norwegian North Sea has started injecting the […] The post Norway: Northern Lights starts injecting first CO2 from wastewater appeared first on Offshore Energy.

The U.S. Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to […] The post US gov’t, TotalEnergies strike $1 billion deal; Company to invest reimbursed offshore wind fees in its oil & gas projects appeared first on Offshore Energy.

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and design (FEED) studies for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at an oil project, which ExxonMobil Guyana, an affiliate of the U.S.-headquartered energy giant ExxonMobil, is set on developing in the Stabroek block off the coast of Guyana. The post SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project appeared first on Offshore Energy.

Eco Wave Power’s 100 kW onshore wave energy pilot project in Taiwan has secured […] The post Taiwanese wave energy project secures land lease appeared first on Offshore Energy.

Norway’s oil and gas player Aker BP and Armada, a full-stack edge infrastructure company, have joined forces to use an offshore modular data center at the drilling arena on the Norwegian Continental Shelf (NCS). The post Aker BP and Armada bring offshore modular data center to Norwegian drilling scene appeared first on Offshore Energy.

Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa. As a result, the firm will supervise the construction of this LNG terminal in Dakar. The post Fresh LNG gig in Africa lands on Spanish player’s worksheet appeared first on Offshore Energy.

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under the International Centre for Settlement of Investment Disputes (ICSID) Convention against the Republic of Panama in connection with the cancellation of a license for a major gas-fired power generation project. The post $4 billion LNG lawsuit going ahead as arbitration starts appeared first on Offshore Energy.

Brazilian oil and gas company PRIO, formerly known as PetroRio, has confirmed its timeline for the start-up of production from two remaining wells at a field in the Campos basin located off the coast of Brazil. The post Two more wells in Brazilian waters coming online soon appeared first on Offshore Energy.