Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem. The post Saipem rig cleared to spin the drill bit in Norwegian waters appeared first on Offshore Energy.
Ukraine’s energy sites are protected under a 30-day ceasefire Ukraine’s energy sites are protected under a 30-day ceasefire After weeks of targeted bombardment following a faltering in the Nato alliance, Russia has agreed to a 30-day ceasefire on all Ukraine energy facilities and infrastructure. In a post on the Truth Social platform, US President Donald Trump wrote, “We agreed to an immediate ceasefire on all energy [sites] and infrastructure, with an understanding that we will be working quickly to have a complete ceasefire.” The energy ceasefire naturally applies to both sides. Ukraine has been using long-range drones to attack key Russian targets. Olga Khakova, Deputy Director for European Energy Security at the Global Energy Center, said Russia has already destroyed more than half of Ukraine’s generation capacity and half of its natural gas production capabilities. Even as talks continue,… Read More »US brokers ‘energy ceasefire’ in Ukraine war | Ukraine
Italy’s energy giant Eni has reached an agreement with energy and commodities company Vitol to sell a portion of interests in certain assets it owns in Cote d’Ivoire and the Republic of Congo. The post Eni looking to rebalance portfolio by divesting stakes in West African assets to Vitol for $1.65B appeared first on Offshore Energy.
Lomarlabs, an innovation arm of Lomar Shipping, has joined forces with technology company Newlight to pilot hydrogen-diesel engine retrofits and accelerate cost-effective, lower-emission solutions for maritime decarbonization. The post Lomarlabs and Newlight to pilot hydrogen-diesel engine retrofits appeared first on Offshore Energy.
Dubai-based terminal operator DP World has signed a long-term strategic agreement with Danish shipping giant Maersk to expand maritime services at its terminal in the Port of Santos, Brazil. The post DP World and Maersk pen long-term agreement to expand maritime services in Brazil appeared first on Offshore Energy.
UK-headquartered Enshore Subsea has secured an export cable installation contract for one of Scotland’s […] The post Enshore Subsea wins cable installation gig for one of Scotland’s largest offshore wind projects appeared first on Offshore Energy.
Serica Energy has disclosed a delay in resuming production from its assets in the North Sea, as more time is needed to fix the issue hampering a floating production, storage, and offloading (FPSO) vessel’s performance on the UK Continental Shelf (UKCS). The post Restart hold-up ratchets up UK oil & gas firm’s ‘frustrations’ with North Sea FPSO’s performance appeared first on Offshore Energy.
Motion Ventures, a Singapore-based maritime venture investment fund, has unpacked what it endeavors to […] The post Motion Ventures targets $100M to drive green innovation in maritime industry appeared first on Offshore Energy.
Brazil’s Port of Açu and renewable fuels producer Sempen have entered into a land reservation agreement for the construction of a green ammonia plant in the port’s industrial complex in the north of the State of Rio de Janeiro. The post Port of Açu lines up third ammonia project with new land reservation contract appeared first on Offshore Energy.
Swedish ferry company Stena Line has decided to equip its methanol hybrid newbuild roll-on/roll-off (RoRo) vessel with a wind propulsion solution to be provided by Finish cleantech company Norsepower. The post Stena Line picks Norsepower rotor sails for brand new methanol-ready NewMax ferry appeared first on Offshore Energy.