The state-owned Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with the U.S. energy infrastructure player New Fortress Energy (NFE) to lease a floating storage and regasification unit (FSRU). The post Second FSRU coming to Egypt thanks to deal with US firm appeared first on Offshore Energy.

Singapore-based shipping company Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) have joined forces to explore new approaches to shore power utilization. The post ONE, Ningbo Zhoushan Port team up on shore power initiatives in China appeared first on Offshore Energy.

QatarEnergy’s CEO has pinpointed the potential detriments the EU’s new sustainability rules may bring, including energy security woes for the top global liquefied natural gas (LNG) import market, given the high penalties gas and LNG importing club members. The post US-Qatar oil & gas ties are ‘win-win’ but EU’s green agenda bound to cause exodus, QatarEnergy’s CEO warns appeared first on Offshore Energy.

Equinor has crossed the finish line for the divestment of its upstream assets in Azerbaijan and Nigeria, bringing a consideration of up to $2 billion to fuel the firm’s oil and gas portfolio optimization mission. The post Closing oil & gas chapters in Azerbaijan and Nigeria garners $2 billion for Equinor’s portfolio enhancement appeared first on Offshore Energy.

MOL Cruises, part of Japanese shipping major Mitsui O.S.K. Lines (MOL), has named a […] The post MOL names 32,000-ton cruise ship as it strengthens foothold in cruise business appeared first on Offshore Energy.

Wave energy developer Eco Wave Power and EDF Renewables have unveiled what is said […] The post Middle East’s first grid-connected wave energy array goes live appeared first on Offshore Energy.

Sunda Energy has set the wheels in motion to ensure its drilling plans for an appraisal well at a gas field off the coast of Timor-Leste can move forward by reaching a non-binding letter of intent (LOI) with an undisclosed drilling contractor regarding commercial negotiations for a definitive deal. The post UK firm makes a move to secure rig for gas drilling ops offshore Timor-Leste appeared first on Offshore Energy.

Denmark-headquartered power cable manufacturer and installation firm NKT has appointed ABB to electrify its […] The post ABB to power NKT’s Swedish high-voltage offshore cable factory appeared first on Offshore Energy.

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has unveiled a brand-new […] The post OOCL rings the welcome bell to second eco-friendly 16,828 TEU containership appeared first on Offshore Energy.

The U.S. Federal Maritime Commission (FMC) has pulled the plug on a global container […] The post FMC halts tripartite Premier Alliance’s debut appeared first on Offshore Energy.