The UK’s Maritime and Coastguard Agency (MCA) has released new guidance on the use […] The post UK unveils new ammonia fuel guidelines in push for greener shipping appeared first on Offshore Energy.
A bipartisan group of U.S. senators has introduced a bill to stop drilling off the coast of New England to protect ocean and coastal resources. The post US senators propose drilling ban off New England in bid to fight ‘oil-igarchy’ appeared first on Offshore Energy.
The World Shipping Council (WSC), the voice of the liner shipping industry, has welcomed UAE-based Emirates Shipping Line (ESL) as its newest member. The post Emirates Shipping Line comes onboard World Shipping Council appeared first on Offshore Energy.
The UK-based energy company Centrica Offshore has received an extension of its license to operate a gas storage site in the Southern North Sea off the East Coast of England from the UK regulator, North Sea Transition Authority (NSTA). The post Centrica cleared to operate ‘UK’s largest gas storage facility’ for another year appeared first on Offshore Energy.
Global energy company TotalEnergies has unveiled plans to increase investments in green hydrogen and sustainable aviation fuel (SAF) at its petrochemical refining site in Antwerp, Belgium. The company will also phase out its oldest steam cracker at the site by the end of 2027 in response to changing market conditions, including a “significant surplus” of ethylene in Europe and the non-renewal of a third-party contract. The moves will allow TotalEnergies to rely on its newer steam cracker, which supplies ethylene for its own polymer production units in Antwerp and Feluy. “By adapting and investing regularly in our Antwerp site, we’re securing its long-term future and ensuring that this integrated … platform remains [our] most efficient in Europe,” said Ann Veraverbeke, Managing Director of TotalEnergies Antwerp. TotalEnergies is also accelerating decarbonisation at the site through a… Read More »TotalEnergies ramps up green hydrogen and SAF in Belgium | Energy News
Colombia’s state-owned oil and gas company Ecopetrol is evaluating the strategy for gas projects in the Southern Caribbean to continue following the decision by the UK-headquartered energy giant Shell to withdraw from its operated offshore assets. The post Colombian player weighing options for offshore gas block trio as Shell heads for the exit appeared first on Offshore Energy.
DEMCON Unmanned Systems has carried out inspection tests using one of its uncrewed vessels […] The post DEMCON tests uncrewed inspection methods for wave energy tech off Scheveningen appeared first on Offshore Energy.
Messer has secured €2.45bn ($2.63bn) in long-term financing to support its growth strategy, following a strong full-year performance at the privately owned industrial gas major. The funding includes €1.3bn ($1.4bn) from private placements and €1.15bn ($1.23bn) in promissory notes arranged in 2024. Proceeds were used to fully refinance loans related to the 2019 Messer Industries acquisition, with the company also reporting lower financing costs as a result. After capital expenditure of around €900m ($970m) during the year, Messer ended 2024 with approximately €500m ($540m) in cash, plus net debt of €3.6bn ($3.87bn). The refinancing supports the company’s ongoing infrastructure investments, including a recently announced €60m ($64m) air separation unit at North Sea Port in Belgium. Scheduled to begin operations in 2026, the facility will supply nitrogen, oxygen and argon to industrial customers in the Benelux… Read More »Messer tees up €2.45bn of long-term funds for future projects | Finance
South Korean shipbuilder HD Hyundai Mipo—one of three affiliates under the umbrella company HD Korea Shipbuilding & Offshore Engineering—has won another multimillion-dollar order; this time for two containerships. The post HD Hyundai Mipo bags $111M order for boxship pair appeared first on Offshore Energy.
Italy’s oil & gas giant Eni has reached financial close with the UK Government […] The post UK CCS project enters construction phase with financial close now secured appeared first on Offshore Energy.