Three players have signed on the dotted line to enable an existing liquefied natural gas (LNG) terminal in Nikiski on Alaska’s Kenai Peninsula to change hands and be given a kiss of life through redevelopment, which will unleash new flows of natural gas to Southcentral market, keeping looming supply shortages at bay. The post Alaska’s LNG terminal shaking off years-long stasis with revamp to stave off gas shortages appeared first on Offshore Energy.

The European Commission has earmarked a €~120 million CEF grant to support the development of a liquified CO2 receiving terminal at Prinos Carbon Storage located in the north of Greece. The post EnEarth secures millions in EU funding for Prinos CO2 project appeared first on Offshore Energy.

Despite a US State Department announcement stating that US Navy ships can transit the […] The post Panama pushes back against US statement on canal fees, calling it ‘false’ appeared first on Offshore Energy.

Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locations distributed between the provinces of Jaén, Huelva, Cádiz and Málaga. The post Spanish Avalon to invest €8 billion in hydrogen and derivatives projects appeared first on Offshore Energy.

Four drillships, owned by Noble Corporation and Stena Drilling, have buckled down and resumed hydrocarbon exploration at the Stabroek block off the coast of Guyana, enabling ExxonMobil to stay the course and continue searching for more oil and natural gas resources on South America’s North Atlantic coast. The post Noble rigs and Stena drillship get down to oil & gas drilling business offshore Guyana appeared first on Offshore Energy.

The Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated gas (AG) from two shallow-water oil and gas fields located off the coast of Nigeria. The post Nigerian offshore fields reach new decarbonization heights with 96% cut in routine gas flaring appeared first on Offshore Energy.

Italian cabling company Prysmian Group has kicked off the offshore installation activities for an […] The post Offshore installation activities begin to connect Sicily to Sardinia and Italian peninsula appeared first on Offshore Energy.

BW Energy has started drilling the last well in its current program at an oil field in the Dussafu license off the coast of Gabon, Africa. The drilling activities are being carried out with a jack-up rig owned by Borr Drilling, an offshore drilling contractor. The post Borr jack-up rig spuds final well on its list of drilling tasks with BW Energy appeared first on Offshore Energy.

The Oceanic Platform of the Canary Islands (PLOCAN) has joined the Net-Zero Mar Alliance, an initiative aimed at accelerating the decarbonization of the maritime and port sectors. The post PLOCAN joins Net-Zero Mar Alliance to boost maritime decarbonization appeared first on Offshore Energy.