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Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025

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From 2025, the shipping industry will usher in a new era of more stringent regulations with environmental pieces woven into it. Adhering to these regulations is expected to drive a shift towards achieving net zero emissions by 2050. The post Normec Verifavia MD sheds light on regulatory compliance challenges as shipping readies for pivotal shift in 2025 appeared first on Offshore Energy.

Canadian oil & gas player enlarges stake in Namibia’s Orange Basin

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Canada’s Africa Oil has boosted its ownership interest in Impact Oil & Gas, an Africa-focused exploration player with hydrocarbon exploration and appraisal assets in the Orange Basin off the coast of Namibia. The post Canadian oil & gas player enlarges stake in Namibia’s Orange Basin appeared first on Offshore Energy.

North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead

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OKEA has received the Norwegian government’s blessing to move forward with its plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway, which will be tied back to an existing platform. The post North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead appeared first on Offshore Energy.

Hanwha all done with Singaporean FPSO player takeover

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South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units. The post Hanwha all done with Singaporean FPSO player takeover appeared first on Offshore Energy.