While the U.S. oil and gas majors, Chevron and ExxonMobil, recorded strong operating and financial performance in the second quarter of 2023, this still represents a sharp decrease on a year-over-year basis, as energy prices went into free fall after reaching all-time high levels last year.
UK shipowner Carisbrooke Shipping has signed a letter of intent with Anglesey and Manchester-based Grafmarine to utilise their NanoDeck AI Solar tile management solution. Image credit: Carisbrooke Shipping The shipping company will install the solar cells on its vessels to manage and store renewable energy following successful trials in Equatorial waters. The companies have worked …
Carisbrooke Shipping to install solar cells on its vessels after triumph at sea Read More »
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea. Åsgard B platform; Credit: Øyvind Hagen/Equinor The Petroleum Safety Authority Norway (PSA) recently gave Equinor consent for a“major” modification in connection with the development of Halten East and Smørbukk North at Åsgard B, …
‘Major’ modification work at Norwegian offshore platform is a go Read More »
Norwegian state-owned energy giant Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig. Askeladden rig; Source: Equinor The Petroleum Safety Authority Norway (PSA) recently gave Equinor consent for exploration drilling in block 33/12 in the North Sea. The prospect, Solan Ludvig, is …
Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep drop in oil and gas prices compared to bumper profits from last year. The oil major made good use of this quarter to pursue its transition strategy to low-carbon …
French transmission system operator Réseau de Transport d’Electricité (RTE) has issued a contract notice seeking contractors to perform unexploded ordnance (UXO) survey for the connection of the AO6 Méditerranée and AO7 Oléron offshore wind farms. Through this contract notice, RTE’s objective is to contractualise the performance of UXO survey services necessary for the connection of …
RTE issues UXO survey services call for wind projects offshore France Read More »
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2023, compared to the same period a year earlier, recording also a 55% rise in revenues for the period. Illustration/OPT’s PowerBuoy (Courtesy of OPT) OPT’s net loss for the full fiscal year 2023 was $26.3 million, compared to …
Maran Tankers Management (MTM), an oil tanker shipping unit of the Greek Angelicoussis Shipping Group, has welcomed the fourth dual-fuel (DF) very large crude carrier (VLCC), Maran Dione, to its fleet. Courtesy of Angelicoussis Shipping Group On its social media, the Angelicoussis Shipping Group stated that the delivery is the last of the DF VLCCs …
Fourth LNG dual-fuel VLCC joins Maran Tankers fleet Read More »
Dutch producer and distributor of hydrogen-based products OCI Global will supply Singapore-based shipping company X-Press Feeders with OCI HyFuels green methanol for their new-build methanol dual-fueled common feeder ships. X-Press Capella; Image credit SWS OCI Global said that this was the first green methanol deal with a feeder container carrier, representing a crucial step in the …
OCI Global to supply X-Press Feeders with green methanol after Maersk success Read More »
Luxembourg-headquartered manufacturer of pipes and related services Tenaris has secured a contract to supply products for a giant natural gas project in the Black Sea in Türkiye. Source: Tenaris Tenaris will supply pipes and services for phase II-A of the Sakarya gas field development, operated by Turkish Petroleum (TPAO) and located in the ultra-deep waters of …
Pipes for second phase of giant Black Sea gas project to come from Italy Read More »
