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Oil & gas ramp-up: Start-up of African field on track as drilling ops in Benin and Norway continue

Lime Petroleum, a subsidiary of Rex International Holding, is making inroads in its quest to boost hydrocarbon production by pursuing drilling activities off the coasts of Benin and Norway and progressing its conversion of a mobile offshore production unit (MOPU) in Dubai, and the delivery of a floating storage and offloading unit (FSO) on track for production to kick off in the next quarter. The post Oil & gas ramp-up: Start-up of African field on track as drilling ops in Benin and Norway continue appeared first on Offshore Energy.

Smart Freight Centre and MMMCZCS team up to accelerate logistics decarbonization

Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has welcomed Smart Freight Centre (SFC), a non-profit organization for climate action in the freight sector, as a new knowledge partner, marking a step forward in advancing sustainability and decarbonization across the maritime freight and logistics sector.  The post Smart Freight Centre and MMMCZCS team up to accelerate logistics decarbonization appeared first on Offshore Energy.

Venture Global emerges as winner in LNG arbitration case with Shell

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a win in the arbitration process with the UK-headquartered Shell over the U.S. player’s delay in kicking off full commercial operations. The post Venture Global emerges as winner in LNG arbitration case with Shell appeared first on Offshore Energy.

Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia

Saipem, Italy’s engineering, drilling, and construction services provider, has held the first steel-cutting ceremony for an integrated project operated by the Indonesian subsidiary of the U.K.-headquartered energy giant BP at its fabrication yard in Karimun, Indonesia. The post Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia appeared first on Offshore Energy.

Japan’s ITOCHU and India’s L&T shake hands on green ammonia project

L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), has partnered with Japanese trading company ITOCHU Corporation to develop and commercialize a green ammonia project at Kandla in Gujarat, India. The post Japan’s ITOCHU and India’s L&T shake hands on green ammonia project appeared first on Offshore Energy.