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HomeOffshore

Offshore

Gazprom
Geopolitical

Gazprom using FSRU Marshal Vasilevskiy as LNG tanker, LSEG data shows

May 14, 2024 Mariel Alumit

MOSCOW, May 13 (Reuters) – Russia’s Gazprom (GAZP.MM),  is using a floating storage and regasification unit (FSRU) as a tanker to export liquefied natural gas (LNG) from its Portovaya LNG plant in the Baltic Sea, LSEG […]

Nigeria
Crude Oil News

Nigeria to Boost Oil Production by 40,000 Bpd as New Field Starts Up

May 13, 2024 Mariel Alumit

Nigeria has launched oil production from a new field in the Niger Delta region, which is expected to raise crude output at Africa’s top oil producer by 40,000 barrels per day (bpd) by the end […]

Cadeler
International News

Cadeler continues foray into Polish offshore wind sector

May 13, 2024 Mariel Alumit

Denmark-based Cadeler has sealed a vessel reservation deal for work on Polish offshore wind farms Baltyk II and Baltyk III. The BW Group and Scorpio-backed shipowner said the aggregate potential value of the contracts is […]

wind energy
International News

‘Wasted wind energy costs Brits nearly £1bn’

May 9, 2024 Mariel Alumit

Grid capacity constraints led to almost £1 billion in ‘curtailment’ costs to electricity bills in 2023 due to issues transmitting wind energy to areas of demand. Analysis by energy storage developer Field reveals that nearly […]

Norway
Crude Oil News

Norway Expands Arctic Acreage for Oil and Gas Drilling in Mature Areas

May 8, 2024 Mariel Alumit

Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and […]

Oil and gas
Crude Oil News

Oil and gas firms granted access to drill under UK offshore wind farms

May 6, 2024 Mariel Alumit

The government is set to make a significant announcement this Friday, granting permission for fossil fuel companies to explore for oil and gas beneath offshore wind-power sites. The move, disclosed by the North Sea Transition […]

Maryland
Energy Transition

Maryland state senators urge Gov. Moore to veto wind energy bill. Here’s why.

May 4, 2024 Stu Turley

Senators Mary Beth Carozza (R-District 38), Johnny Mautz (R-District 37), Stephen Hershey (R-District 36), and Jason Gallion (R-District 35) are calling on Gov. Wes Moore to veto House Bill 1296 – Electricity – Offshore Wind Projects – […]

Höegh
International News

Höegh to temporarily deploy Australia-bound FSRU to Egypt

May 3, 2024 Mariel Alumit

Höegh LNG, Australian Industrial Energy (AIE), and Egyptian Natural Gas Holding (EGAS) have signed an agreement to deploy the FSRU Hoegh Galleon to Egypt. The FSRU will be deployed to support energy security in Egypt. […]

Offshore wind
International News

Offshore wind: France aims for 45 GW by 2050 with 50% European production

May 3, 2024 Mariel Alumit

  On a visit to Saint-Nazaire on Thursday (May 2), Economy Minister Bruno Le Maire outlined the government’s strategy for deploying 45 GW of offshore wind power by 2050, with half of this capacity made […]

Maersk
Commodities

Maersk raises profit outlook fuelled by Red Sea turmoil

May 2, 2024 Mariel Alumit

Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market amid Red Sea disruptions to continue into the second half of the year. The Copenhagen-based […]

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