Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana. The post MODEC’s first FPSO destined for Guyana reaches new construction stage appeared first on Offshore Energy.
In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s […] The post MMMCZCS, LR Decarb Hub unite to advance zero-carbon shipping goals appeared first on Offshore Energy.
As offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready. The post Uruguay oil & gas quest: Prospects appear in one block, as another preps for seismic acquisition appeared first on Offshore Energy.
U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a plug and abandonment […] The post ExxonMobil hires Helix for three-year plug and abandonment services appeared first on Offshore Energy.
Italian shipbuilder Fincantieri has reached a new chapter in the construction of LNG-powered ships for Explora Journeys, the cruise division of Mediterranean Shipping Company (MSC). The post Fincantieri takes construction of LNG-powered Explora fleet to the next stage appeared first on Offshore Energy.
A new cross-border initiative to develop tidal turbine blades is underway in Wales, led […] The post New tidal turbine blade tech project links Wales and Galicia appeared first on Offshore Energy.
A floating production storage and offloading (FPSO) unit has left Seatrium’s yard in Singapore for a field in Brazil’s Santos Basin operated by the country’s state-owned energy major Petrobras. The post New FPSO en route to join six other units at Petrobras’ deepwater field (Gallery) appeared first on Offshore Energy.
John Cockerill Hydrogen has acquired part of the assets of McPhy to accelerate the development of its new generation of pressurized alkaline electrolyzers. The post John Cockerill acquires McPhy’s assets to advance development of alkaline electrolyzers appeared first on Offshore Energy.
Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has closed a new $250 million sustainability-linked 7-year senior secured committed revolving credit facility for general corporate purposes. The post Pacific Basin closes its 2nd sustainability-linked loan appeared first on Offshore Energy.
The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus. The post DP World to breathe new life into Syria’s Port of Tartus appeared first on Offshore Energy.