Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has exercised its previously announced option to construct two further 48,500 cbm liquefied ethylene gas carriers (LEGCs) in China. The post Navigator Gas exercises options for two dual-fuel LEG carriers appeared first on Offshore Energy.

Wind propulsion specialist Norsepower has completed the installation of two rotor sails on Oceanus […] The post Borealis-chartered dual-fuel gas carrier outfitted with Norsepower rotor sails for 4% emission reduction appeared first on Offshore Energy.

Norwegian ocean services provider DeepOcean has secured what it says is its largest contract on […] The post DeepOcean, Rem Offshore, Myklebust Shipyard land their largest contracts ever thanks to Equinor appeared first on Offshore Energy.

ExxonMobil has pulled out of a block containing a gas discovery off the coast of Suriname and transferred its stake to its partner. The post ExxonMobil drops out of block with gas & oil discoveries offshore Suriname appeared first on Offshore Energy.

Scottish wave energy company Mocean Energy has clinched an engineering study with a “major […] The post Mocean Energy secures new engineering study, crowdfunding campaign gains momentum appeared first on Offshore Energy.

Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen […] The post India’s SECI and H2Global agree to advance green hydrogen collaboration appeared first on Offshore Energy.

French designer and manufacturer of wind propulsion systems OceanWings has received approval in principle (AiP) from classification society Bureau Veritas (BV) for its ‘innovative’ wind propulsion technology. The post OceanWings gets BV’s stamp of approval for its wind propulsion system appeared first on Offshore Energy.

BP has expanded its footprint offshore Trinidad and Tobago by securing access to a new block, where the company has not undertaken any hydrocarbon exploration activities. The post BP gains entrance to new oil & gas exploration arena off Trinidad’s north coast appeared first on Offshore Energy.

On a mission to bankroll the upgrade of its FPSOs, Yinson Production has placed a $100 million tap issue, bringing the total amount of the corporate bond to $600 million. The post ‘Largest ever Nordic bond’ enables Yinson Production to raise nearly $3 billion in 2024 appeared first on Offshore Energy.

Velesto has joined forces with Petronas and NOV to enhance drilling operations by bringing robotics into play and boosting its jack-up fleet with a rig automation system. The post Velesto, Petronas, and NOV pursuing rig automation and stepping up drilling game with robotics appeared first on Offshore Energy.