UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions. The post Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo appeared first on Offshore Energy.
Denmark-based underwater technology specialist MacArtney Underwater Technology Group has completed production and assembly of […] The post MacArtney supplies equipment for Pacific Neutrino project appeared first on Offshore Energy.
The UK-based upstream oil and gas player Serica Energy is experiencing delays with stabilizing production from its fields in the North Sea, which is achieved via a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum. The post Serica facing stabilization setbacks after North Sea FPSO restart appeared first on Offshore Energy.
Three oil and gas players – BP Exploration (Alpha), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation (ONGC) – have joined forces to embark on hydrocarbon exploration activities at a block off the coast of India, which was acquired in the country’s ninth oil and gas bid round. The post BP, ONGC, and Reliance sign on the dotted line for oil & gas search at India’s offshore block appeared first on Offshore Energy.
South Korea’s heavyweight HD Hyundai Group has entered into an agreement with compatriot maritime […] The post HD Hyundai, H-Line Shipping launch joint effort on AI-led autonomous vessel technologies appeared first on Offshore Energy.
U.S.-based developer of subsea autonomous robotic systems and software, Nauticus Robotics, has signed a […] The post Nauticus Robotics signs multi-year offshore robotics agreement appeared first on Offshore Energy.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has held a naming ceremony for its new LNG-fueled very large crude carrier (VLCC) to be chartered by Norway-based energy giant Equinor. The post MOL names first LNG-powered VLCC for charter with Equinor appeared first on Offshore Energy.
Tullow Oil, an independent energy company with operations in West Africa, has finalized the sale of its assets in Gabon to the Gabon Oil Company (GOC), the country’s national oil company. The post End of era for Tullow as it exits Gabon after two decades appeared first on Offshore Energy.
Noble Corporation, a U.S.-based offshore drilling giant, has joined forces with Kongsberg Maritime, a Norway-headquartered marine technology player, to drive the creation of advanced marine technologies for the offshore drilling realm. The post Noble’s rigs and Kongsberg Maritime’s tech opening doors to drilling innovation appeared first on Offshore Energy.
Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has passed an environmentally friendly 159,000 […] The post JMU hands over new energy-efficient 160,000 dwt Suezmax tanker appeared first on Offshore Energy.