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UK backs green shipping corridor projects with fresh funding

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The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and advance environmentally friendly travel within Europe. The post UK backs green shipping corridor projects with fresh funding appeared first on Offshore Energy.

Transocean drillship gets another drilling job in Gulf of Mexico

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Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of Mexico.   The post Transocean drillship gets another drilling job in Gulf of Mexico appeared first on Offshore Energy.

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

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Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter. The post Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries appeared… Read More »Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

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Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix. The post Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo appeared… Read More »Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

Egyptian LNG coming to freshly opened Greek FSRU terminal

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Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in Greece. The post Egyptian LNG coming to freshly opened Greek FSRU terminal appeared first… Read More »Egyptian LNG coming to freshly opened Greek FSRU terminal

EMEC unlocks access to UK research funding

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The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status […] The post EMEC unlocks access to UK research funding appeared first on Offshore Energy.