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Market Looking to Freeport to Help Offset Oversupply as Natural Gas Futures Slide Early

This post was originally published on this siteWith the market mulling evidence of continued oversupply conditions following the latest round of government inventory data, natural gas futures remained under pressure in early trading Friday. Coming off an 8.2-cent sell-off in the previous session, the March Nymex contract was down 3.6 cents to $2.353/MMBtu at around […]

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North Sea EnQuest plans Magnus drilling as Brent volumes slide, flags lower Golden Eagle output

This post was originally published on this siteUK independent EnQuest will prioritize drilling and near-term production improvement at the Magnus field, which feeds the Brent crude stream, in 2023, it said Feb. 17, going on to flag recent output slippage at the Golden Eagle Field operated by China’s CNOOC. In a statement, EnQuest said the

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SunStone snaps up seventh Infinity-class eco-friendly vessel

This post was originally published on this siteUS-based expedition cruise ship owner SunStone Ships, a subsidiary of SunStone Maritime Group, has signed a contract for the construction of the seventh Infinity-class eco-friendly expedition cruise ship. The post SunStone snaps up seventh Infinity-class eco-friendly vessel appeared first on Offshore Energy.

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In focus: Investments in oil, offshore wind hit a snag, while deals on new green vessels keep emerging

This post was originally published on this siteEven though an industry which is seeing major growth, European offshore wind saw no investments in an offshore wind farm in 2022 (except in a few small floating wind projects). Oil companies are also tip-toeing around new capital investments since last year although their earnings made headlines. Meanwhile,

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