Ocean services provider DeepOcean has signed a heads of terms agreement with Saudi Arabia-based […] The post DeepOcean and Saudi partner to form joint venture for subsea work in Middle East appeared first on Offshore Energy.
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has set the wheels in motion to join Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market. The post UAE and Azerbaijan strengthen ties as ADNOC’s XRG expands Caspian Sea footprint appeared first on Offshore Energy.
Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. The post Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo appeared first on Offshore Energy.
Andorra’s marine battery manufacturer AYK Energy has wrapped up a battery renewal deal for […] The post AYK Energy marks battery renewal project on Svitzer’s diesel-electric tug quartet as complete appeared first on Offshore Energy.
Ten yet-to-be-delivered 24,212 TEU liquefied natural (LNG) dual-fuel vessels will be added to the French flag, French shipping and logistics giant CMA CGM Group revealed. The post CMA CGM: Ten 24,212 TEU LNG dual-fuel boxships to fly French flag appeared first on Offshore Energy.
IBIA and INTERCARGO have formed a partnership to reinforce collaboration on decarbonization, safety, and quality. The post IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization appeared first on Offshore Energy.
Danish green hydrogen company Everfuel has inaugurated HySynergy, its 20 MW green hydrogen production plant in Fredericia, Denmark, and sent its first supply to Germany. The post Everfuel inaugurates HySynergy, a 20 MW hydrogen production plant in Denmark appeared first on Offshore Energy.
UK’s Serica Energy has signed a farm-in agreement with Perth-based oil and gas exploration player, Finder Energy, for an interest in a license in the Central North Sea. The post Serica farming into Central North Sea license with FPSO tieback potential appeared first on Offshore Energy.
Energy and marine consultancy ABL has been selected to support the installation of upgraded […] The post ABL chosen to back Greece’s Ionian Islands interconnector project appeared first on Offshore Energy.
CGX, a Canadian-based oil and gas exploration company focused on oil exploration in the Guyana-Suriname Basin, has entered into a loan agreement with a subsidiary of Frontera Energy Corporation, its joint venture partner in a petroleum prospecting license for a block offshore Guyana. The post Guyana partners strike loan deal appeared first on Offshore Energy.