Panama’s memorandum of understanding (MoU) with China under the Belt and Road Initiative (BRI), […] The post Panama moves to end Silk Road agreement amid rising tensions with US appeared first on Offshore Energy.
Ascenz Marorka, a smart shipping arm of France’s GTT Group, has formed a commercial partnership with Greek company Piraeus Marine Services to strengthen its position in providing one-stop maritime decarbonization solutions for shipyards and shipping companies in Greece. The post Ascenz Marorka partners with Greek firm to deliver maritime decarbonization solutions appeared first on Offshore Energy.
A global scrubber ban seems to be a long way off for the International Maritime Organization (IMO) following the twelfth session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 12) held in London from January 27 to 31, 2025. The post Global scrubber ban is still not on the horizon appeared first on Offshore Energy.
Singapore-based Canopy Power and Norway’s Ocean Sun have formed a strategic partnership to deploy […] The post Canopy Power and Ocean Sun team up to launch floating solar in Australia appeared first on Offshore Energy.
Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas-to-energy (GtE) project. The post Guyana greenlights $51.2 billion to move forward with its mega gas-to-energy project appeared first on Offshore Energy.
Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, […] The post Vår Energi’s precommitment to subsea systems to cut tie-back development time by up to one year appeared first on Offshore Energy.
Canadian shipowner Seaspan has hit a new milestone with the completion of the first ship-to-ship LNG bunkering in the Port of Vancouver in Canada. The post Seaspan wraps up inaugural ship-to-ship LNG bunkering in Canada appeared first on Offshore Energy.
The European Commission will grant almost €1.25bn ($1.3bn) in funding through the Connecting Europe Facility (CEF) to a raft of energy initiatives including hydrogen and carbon capture, utilisation and storage (CCUS) projects. The bulk of funding (€750m or $770m) will go towards eight electricity grid projects such as the Bornholm Energy island project which involves building an underwater power cable to connect Denmark and Germany. It will also help to bring in power from offshore wind farms, with the ability to handle up to three gigawatts of wind energy. Over €250m ($257m) is earmarked for 21 hydrogen development projects including BarMar-H2med between Spain and France, the backbone projects in Italy, Portugal and Spain and the hydrogen corridors and routes in the Baltic region. Another €250m ($257m) will be used to build three projects and fund… Read More »First for hydrogen as EU issues €1.25bn to energy projects
Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight. The post Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat appeared first on Offshore Energy.
Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana. The post With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025 appeared first on Offshore Energy.