The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals. The post €4.5 trillion investor coalition urges EU to hold the line on methane cuts appeared first on Offshore Energy.

DEME has secured a contract for the transport and installation of inter-array cables on […] The post DEME to install inter-array cables on new German offshore wind farm appeared first on Offshore Energy.

The U.K.’s oil and gas major BP has prolonged the stay of two drillships in the Gulf of America (previously known as the Gulf of Mexico) from the fleet of the U.S.-headquartered offshore drilling giant Noble Corporation. The post Noble’s high‑spec drillship duo wins $620M US Gulf extensions with BP appeared first on Offshore Energy.

Norwegian vessel owner DOF Group has secured several project awards in the North America […] The post DOF gets project awards for three vessels to keep working in North America appeared first on Offshore Energy.

Italy’s energy giant Eni and its co-venturers have reached the final investment decision (FID) to develop a floating liquefied natural gas (FLNG) project in the north of Mozambique. The post Eni moves ahead with second FLNG unit in Mozambique’s supergiant basin appeared first on Offshore Energy.

Swedish electric boat maker Candela has signed an agreement with Thai operator Seudamgo by Leopard Transportation for ten of its electric hydrofoil ferries to initially operate on Thailand’s route between the mainland and Koh Kood Island. The post Thai operator taps Candela for electric flying ferries appeared first on Offshore Energy.

SBM Offshore has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating production systems. The post SBM Offshore reimaging FPSO ops with Cognite and SLB to power next wave of AI-enabled innovation appeared first on Offshore Energy.

Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has held the naming ceremony for a newbuild liquefied natural gas (LNG) carrier. The post Celsius names new LNG carrier appeared first on Offshore Energy.

Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have joined forces to forge a new joint venture (JV), named Poseidon Jackup, whose goal is to bring modular jack-up technology to North America. The post Poseidon Jackup rises in North America as new joint venture makes a debut appeared first on Offshore Energy.