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…
Finder Energy, a Perth-based oil and gas exploration player, has struck a deal with Aberdeen-based Amplus Energy, which will enable a 39-year-old floating production, storage, and offloading (FPSO) vessel to work at two oilfields off the coast of Timor…
1986-built FPSO lands redeployment gig at Southeast Asia’s oil project Read More »
Italy’s engineering, drilling, and construction services giant Saipem has confirmed the achievement of first gas at an asset that was recently converted from a semi-submersible drilling rig into a floating production unit (FPU) deployed at Eni’s liquef…
Saipem cheers first gas milestone on rig-turned-FPU at Eni’s African project Read More »
With the maritime industry facing the pressing challenge of decarbonization, the development of alternative fuel vessels powered by liquefied natural gas (LNG) and ammonia is gaining momentum, as illustrated by an approval in principle (AiP) Japan’s cl…
Tank insulation system for LNG and ammonia-fueled vessels receives ClassNK’s blessing Read More »
CGEN Engineering, a spinout company from the University of Edinburgh, has put its fully marinised, next-generation modular electrical generator for tidal energy devices to the test over the past few months at a test site of the Marine Energy Test Area …
WATCH: Next-gen tidal energy generator undergoes trials at UK’s META Read More »