Perenco has pinpointed a new production sharing contract (PSC) for an offshore block as a stepping stone toward a final investment decision (FID) for the development of a gas and condensate field off the coast of Vietnam, Southeast Asia. The post 25-year PSC chapter paving the way for gas development offshore Vietnam appeared first on …
25-year PSC chapter paving the way for gas development offshore Vietnam Read More »
The European Commission has granted a total of €22 million in co-funding for the Hansalink 3 project between the Finnish Port of Helsinki and the German port of Lübeck-Travemünde. The post Helsinki, Lübeck-Travemünde ports get €22M EU boost appeared first on Offshore Energy.
Borr Drilling, an offshore drilling player, has taken steps to strengthen its balance sheet for continued growth, with a financing package, and revealed its Chief Executive Officer (CEO) succession plan. The post Borr Drilling sets the stage for liquidity boost and CEO succession appeared first on Offshore Energy.
Brazilian energy player Brava Energia has registered an increase in output from its assets offshore Brazil. The post Brazilian player’s offshore output grows, setting new production benchmarks appeared first on Offshore Energy.
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has […] The post Sinopec launches first floating offshore solar plant in China’s seawater zone appeared first on Offshore Energy.
Norwegian maritime solutions provider Wilhelmsen Ships Service (WSS) has joined the Maritime Battery Forum (MBF), a global community of maritime battery enablers, to drive adoption of clean energy and accelerate electrification in the maritime sector. The post WSS to accelerate electrification as newest member of Maritime Battery Forum appeared first on Offshore Energy.
Germany’s government has decided to support climate-neutral shipping and ports with an additional sum of €400 million. The post Germany to spend €400M more to future-proof shipping, ports sectors appeared first on Offshore Energy.
Swedish supplier of roll-on/roll-off (RoRo) vessels and services, Stena RoRo, has completed the reconstruction of Stena Line’s 2002-built vessel to increase its capacity and enhance efficiency for reduced CO2 emissions. The post Stena Line: 2002-built Stena Foreteller fit for future after ‘major’ conversion appeared first on Offshore Energy.
As the global energy transition journey continues to make inroads, a carbon capture and storage (CCS) project in the G-7-AP greenhouse gas (GHG) assessment block off the northwestern coast of the Northern Territory of Australia has secured the Australian government’s backing with the award of a major project status. The post Australia ups decarbonization ante: …
Freight rates for ESPO Blend crude shipped from the Russian port of Kozmino to China fell to $1.9 million – the lowest level since December 2024 on higher availability of tankers and lower June exports, three traders said on Thursday. Lower rates mean Russian exporters will spend less on freight and earn more for their …
Freight rates for Russia’s ESPO Blend oil fall to 7-month low, say traders Read More »
