Three players in the offshore energy and maritime spheres – Höegh Evi, Aker BP, and Ports of Stockholm – have joined forces to bring to life a CO2 logistics hub and enable an efficient and sustainable transport chain for carbon dioxide from industrial …
Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain Read More »
The American Bureau of Shipping (ABS), a classification society, has bestowed an approval in principle (AiP) to Finland’s marine engineering player Deltamarin and China Merchants Heavy Industry (CMHI) for a new versatile floating production, storage, a…
FPSO hull design obtains ABS’ seal of approval Read More »
Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.
The post Fresh oil discovery in Barents S…
Fresh oil discovery in Barents Sea comes to light Read More »
Norwegian state-owned energy giant Equinor has prolonged the lifespan of a floating production, storage, and offloading (FPSO) unit by expanding its active duty past 2030 with a subsea template tied back to the vessel via a new tubing off the coast of …
28-year-old FPSO secures life extension beyond 2030 as oil flows from subsea tie-back Read More »
U.S.-headquartered energy giant Chevron has unveiled its multibillion-dollar budget for next year, setting aside around $7 billion for offshore oil and gas plays across Guyana, Eastern Mediterranean and the Gulf of America (U.S. Gulf of Mexico).
The po…