OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year. The post New partner comes on board Black Sea block with drilling activities due in 2025 appeared first on Offshore Energy.
The Netherlands-based shipbuilder and designer Neptune Marine has commenced construction of a new cable […] The post New Dutch-made cable maintenance vessel under construction appeared first on Offshore Energy.
Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean ammonia plant in northern Norway. The post Horisont Energi inks new ammonia sales deal for Barents Blue project appeared first on Offshore Energy.
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing […] The post EMEC appoints new leadership team appeared first on Offshore Energy.
Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name […] The post K Line renames UK subsidiary to bolster energy transition efforts appeared first on Offshore Energy.
Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway. The post FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind appeared first on Offshore Energy.
A floating production, storage, and offloading (FPSO) unit owned by ExxonMobil Guyana, a subsidiary of U.S. oil major ExxonMobil, has received the first sustainability notation of its kind from the classification society American Bureau of Shipping (ABS). The post ExxonMobil’s FPSO adds ‘next level’ sustainability notation to its collection appeared first on Offshore Energy.
Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico. The post US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings appeared first on Offshore Energy.
UK-headquartered global engineering consultancy Wood has launched an energy transition hub in Abu Dhabi to provide technical, strategic, and economic solutions for clients across the Middle East, the company announced today. The hub will focus on carbon advisory, hydrogen, carbon capture and storage, renewable power generation and decarbonisation. It will also support emission reduction initiatives, including flare minimisation and asset emissions reviews. Gerry Traynor, President of Projects Eastern Hemisphere at Wood, said the new hub has been designed to help clients meet their decarbonisation goals and support the region’s sustainable energy push. The launch fits with regional sustainability targets, including UAE Net Zero 2050 and Saudi Vision 2030. Wood expects regional clean energy investment to triple within the next five years. … to continue reading this article and more, please login, register for free, or… Read More »Wood launches energy transition advisory hub in Abu Dhabi | Energy News
The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project. The post EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million appeared first on Offshore Energy.