A giant semi-submersible rig, which is considered to be one of the largest ones ever built, has gone back to the UK’s Kishorn Port (KPL), a 50/50 joint venture between Ferguson Transport (Spean Bridge) and Leiths (Scotland), to prepare for its return to the drilling campaign with Britain’s energy giant …
Read More »After Sweden, Denmark Ends Investigation into Nord Stream Pipeline Explosions
Denmark has ended its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022, becoming the second country to do so. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord …
Read More »Equinor Getting Ready to Embark on North Sea Drilling Ops with Odfjell Rig
The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent for exploration drilling in the North Sea for wells 15/3-13 S and 15/3-13 A. These exploration activities will enable the Norwegian energy giant to spud the Brokk prospect, which lies in a water depth of 110 meters. This prospect is …
Read More »BP Embarks on Its ‘Largest-ever’ Seismic Program at Supergiant Oilfield
Shortly after achieving 1 billion barrels of total oil production the West Azeri platform, one of the seven Azeri-Chirag-Gunashli (ACG) production platforms in the Caspian, BP kicked off a new 4D seismic program on the ACG field on January 20, 2024. According to the oil major, this is its largest-ever …
Read More »Rystad Energy Partners Zero-Carbon Shipping Center
Norway’s energy research and business intelligence company Rystad Energy has joined Denmark’s Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to advance the maritime industry’s role in the global energy transition. On December 15, 2023, the duo signed a knowledge partnership agreement to formalize their collaboration, embarking on a long-term …
Read More »World’s Largest 3D-Printed Eco Boat Unveiled in the UAE
Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi. On November 6, the companies also secured a Guinness World Records title for the largest 3D-printed boat. “Crafted from 67% recycled materials, this 11.98-meter-long marvel not only …
Read More »U.S. Player’s New Oil Discovery in Gulf of Mexico Comes to Light
U.S.-headquartered oil and gas exploration and production company Kosmos Energy has made a new oil discovery in the U.S. Gulf of Mexico. The oil discovery was made at the Tiberius exploration well, where Kosmos is the operator with a 33.34% working interest while its partners are Occidental and Equinor, each …
Read More »EU Urges IMO to Set Net-Zero Emissions Target for 2050
On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the Climate Action Selwin Hart, hosted a meeting in New York on climate and shipping, outlining the EU’s proposals for …
Read More »World’s Largest VLGC Named and Delivered
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. This marks a significant milestone for the shipbuilding industry, as the 93,000 cubic meter VLGC is the largest VLGC in the world. The …
Read More »Norwegian Oil & Gas Firm Eyes more Offshore Acreage in North Sea
Norway-based oil and gas company Noreco, to be renamed BlueNord, has set the wheels into motion to participate in a mini-round of licencing in the Danish sector of the North Sea. Noreco revealed on Wednesday, 12 April 2023, that it had submitted a licence application for acreage containing the Elly-Luke …
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