Swedish tidal energy developer Minesto has dismissed a claim for damages directed against the […] The post Minesto dismisses claim for damages received from former major shareholder appeared first on Offshore Energy.
With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion. The post Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold appeared first on Offshore Energy.
Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with […] The post Four offshore EPCI projects strengthen Lamprell’s foothold in Saudi Arabia appeared first on Offshore Energy.
Equinor, a Norwegian state-owned oil and gas giant, has uncovered a new oil and gas/condensate discovery that enriches its hydrocarbon arsenal off the coast of Norway. The post Fresh oil and gas/condensate find comes to light offshore Norway appeared first on Offshore Energy.
Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled […] The post CMA CGM takes delivery of methanol dual-fueled container ship from Chinese shipyard appeared first on Offshore Energy.
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy, at a huge natural gas field off the north-eastern coast of Qatar. The post Saipem and COOEC rake in $4 billion for work at QatarEnergy’s giant offshore gas field appeared first on Offshore Energy.
Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, […] The post DOF lands work in the Atlantic, secures multi-year North America contract with Shell appeared first on Offshore Energy.
Italy’s engineering, drilling, and construction services giant Saipem has landed a third contract extension for its 13-year-old semi-submersible drilling rig with Aker BP, a Norwegian oil and gas player, for operations off the coast of Norway. The post Oil & gas operator keeping Saipem’s 2012-built rig busy into 2028 appeared first on Offshore Energy.
China Energy Engineering Group (CEEC) has begun operating a large-scale green hydrogen-based ammonia and methanol project in Songyuan, China. The first phase of the project reportedly has a planned annual output of 45,000 tonnes of green hydrogen, and 200,000 tonnes of green ammonia and methanol. H2 View understands this makes it the largest project of its kind globally. Local reports said the site also features the world’s largest ground-based hydrogen storage project, which can help balance variable renewable power. The Songyuan project has also secured international sustainability certification under the ISCC EU and has signed a supply agreement for green ammonia as a marine fuel. Dutch shipowner Cmb.Tech confirmed it will source green ammonia from CEEC’s facility to fuel its first ammonia-powered vessels from 2026. Future phases are planned to significantly expand capacity. The developer… Read More »Songyuan green hydrogen-ammonia-methanol project begins operations in China | Hydrogen
Damen Shipyards Group, a Dutch shipbuilding giant, has held a keel-laying ceremony for Herman Senior’s new multi-purpose vessel (MPV) at the Albwardy Damen shipyard in Sharjah, United Arab Emirates (UAE). The post Damen starts construction of new multi-purpose vessel for Herman Senior appeared first on Offshore Energy.