United Kingdom
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Renewables
BP and Corio to invest over $1bn in South Korean offshore wind farms
UK supermajor BP and offshore wind developer Corio Generation have submitted investment plans of more than $1bn for new wind…
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Tankers
Altera Shuttle Tankers bags TotalEnergies charter deal
Altera Shuttle Tankers has landed a deal with French energy major TotalEnergies for the charter of its 2013-built suezmax .…
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Renewables
Equinor and BP’s US offshore wind project presses ahead
Empire Offshore Wind, a joint venture between Equinor and BP, has secured approval for its offshore wind farm project on…
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Offshore
Well-Safe Solutions seals BP decom deal
Aberdeen-headquartered decommissioning specialists Well-Safe Solutions has inked a global master agreement with BP. The deal, lasting until at least September…
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Finance and Insurance
Braemar resumes trading on London exchange after more than four months
British shipbroker Braemar has returned to trading on the London Stock Exchange after a more than four-month suspension. The stock…
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Gas
Petredec’s stable of ethylene carriers grows with orders for four more
Fortitude Shipping, a handysize carrier subsidiary of gas shipowner and trader Petredec, has placed an order at China’s Nantong CIMC…
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Dry Cargo
SSY concludes biggest ever iron ore futures trade
Shipbroker SSY has announced that its commodities arm, SSY Futures, has brokered the biggest ever trade in iron ore futures. …
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Offshore
OEG Energy to acquire Bluestream Offshore
Aberdeen-based offshore contractor OEG Energy has stuck a deal to buy Dutch subsea and topside services specialist Bluestream Offshore for…
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Gas
Purus Marine orders two very large ethane carriers in South Korea
UK-based owner Purus Marine has placed an order for two very large ethane carriers (VLECs) at HD Hyundai Heavy Industries…
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Offshore
NEO Energy buys Western Isles FPSO
Dana Petroleum and NEO Energy have signed a sale and purchase agreement under which NEO Energy will acquire Dana’s full…
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Renewables
Tokyo Gas invests in $3.8bn Octopus Energy offshore wind fund
Natural gas provider Tokyo Gas has invested in the offshore wind fund established in October 2022 by UK-based Octopus Energy.…
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Renewables
UK government raises offshore wind subsidies by 66%
The UK government has increased the maximum price for offshore wind projects in its flagship renewables scheme. Following an extensive…
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Renewables
Aker Solutions awarded second Norfolk Vanguard offshore wind contract
Aker Solutions has won another sizeable contract worth between $46m and $138m from Swedish utility Vattenfall for the Norfolk offshore…
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Renewables
Octopus makes debut investment in German offshore wind
Britain’s Octopus Energy has made its first investment in Germany’s offshore wind sector with a 5% stake in 288 MW…
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Gas
Avenir LNG CEO steps down
Peter Mackey will be stepping down as chief executive of small-scale liquified natural gas player Avenir LNG. Mackey was first…
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Renewables
UK looking to boost existing offshore wind sites with additional 4GW
The British Crown Estate is making plans to generate an additional 4GW from several offshore wind farm projects in development,…
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Operations
Shell sues Greenpeace after FPSO boarding
Shell is suing Greenpeace for $2.1m in damages in one of the biggest ever legal claims against the environmental group…
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Renewables
UK and Taiwan port operators to cooperate on floating offshore wind
Associated British Ports (ABP) has signed a memorandum of understanding (MoU) of cooperation on floating offshore wind-related port facilities and…
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Renewables
Aker Solutions given go-ahead for Norfolk offshore wind platform work
Norway’s Aker Solutions has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Vanguard West offshore…
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Europe
Hill Dickinson announces new CEO to replace Peter Jackson
Long-serving Hill Dickinson CEO, Peter Jackson, will step down at the end of next April and be succeeded by business…
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