(ADNOC) intends to transfer its entire stake in the low-carbon Ruwais liquefied natural gas (LNG) project, currently under development in the United Arab Emirates (UAE), to its affiliate ADNOC Gas. The post ADNOC ceding stake in huge LNG project to subsidiary for $5 billion appeared first on Offshore Energy.
Spanish automated wind-assisted propulsion system specialist bound4blue has signed a contract with Danish tanker […] The post 20 bound4blue eSAILS set for installation across five Maersk Tankers’ vessels appeared first on Offshore Energy.
Wind propulsion developer BAR Technologies (BAR) and WindWaves, Nervion Naval Offshore (Nervion), have expanded their […] The post BAR Technologies taps WindWaves to manufacture new 20-24m WindWings appeared first on Offshore Energy.
Hibiscus Petroleum has confirmed that facilities related to a decommissioned oil field infrastructure, which reached the end of its service life, have got a new lease on life thanks to a rig-to-reef project off the coast of Malaysia. The post Retired offshore oil & gas infrastructure lives on as rig-to-reef project appeared first on Offshore Energy.
The second prototype trials of the Blue Visby software involving liquefied petroleum gas (LPG) tankers have demonstrated that the solution can support various segments of the maritime industry and adapt to different scenarios while achieving substantial fuel and greenhouse gas (GHG) emissions savings. The post New Blue Visby prototype trials project average GHG savings of 29% appeared first on Offshore Energy.
Ørsted has awarded MMA Offshore an offshore wind site survey contract off the coast […] The post Ørsted awards MMA Offshore wind survey contract in Australia appeared first on Offshore Energy.
Multiple parties have filed a federal securities class action against New Fortress Energy (NFE), a U.S. energy infrastructure player, that operates a floating liquefied natural gas (FLNG) facility off the coast of Altamira, Mexico, for damages caused by a drop in stock prices. The post Investors take US FLNG operator to court over ‘artificially inflated’ stock prices appeared first on Offshore Energy.
SAFEEN Group, a maritime services provider and part of the UAE-based AD Ports Group, in collaboration with Dutch major Damen Shipyards, has achieved a Guinness World Records title for the most powerful electric tugboat. The post SAFEEN Group’s electric tug wins Guinness World Records title appeared first on Offshore Energy.
UK gas producer Kistos Holdings has taken a stake in Spiralis Energy, a compatriot […] The post UK gas producer invests in tidal power with stake in Spiralis Energy appeared first on Offshore Energy.
Denmark’s subsea specialist NCT Offshore is planning to carry out sea trials for its […] The post VARD-built cable layer destined for Danish subsea specialist prepping for sea trials appeared first on Offshore Energy.