Green light for $1.8 billion oil redevelopment in Norwegian waters

 

 

 

EXPLORATION & PRODUCTION

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway. 

 
 
PPF; Source: ConocoPhillips

In an attempt to strengthen production life of the Greater Ekofisk Area, the joint venture partners took a final investment decision (FID) for the Previously Produced Fields (PPF) redevelopment project, which is anticipated to add high value barrels from 2028 onward. 

The project, operated by ConocoPhillips Skandinavia, is a joint redevelopment of the three previously produced fields, Albuskjell and Vest Ekofisk in licenses PL018B/F

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Low-Emission Cement Carrying Vessel to be Dual-Fuel Methanol

 

 

 

marine link

December 11, 2025

The new methanol-powered cement carrier is designed to cut emissions by 80%, according to Heidelberg Materials. Image courtesy Heidelberg Materials

Heidelberg Materials Northern Europe has taken a decisive step toward low-emission coastal logistics with the development of a next-generation methanol-powered cement carrier, an 80% emissions-cutting vessel that could redefine short-sea bulk operations in Scandinavia. 

Planned to enter service in early 2028, the newbuild is the product of a multi-stakeholder public-private partnership involving the Hartmann Group, the Green Shipping Programme (GSP) and the Norwegian NOx Fund, all working toward one objective: scaling practical decarbonization in everyday maritime trades.

For Heidelberg Materials, one of Europe’s largest suppliers of cement and aggregates, the vessel marks a shift in strategy. As cement production becomes cleaner through carbon-capture technologies

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China diversifies supply with first Guyana crude shipment

 

 

 

 

 

 

BAIRD MAR

 

 
The FPSO Liza Destiny operating on the Liza field off GuyanaExxonMobil
 
Reuters
 
 
Published on: 
25 Nov 2025, 11:27 a

China, world’s top oil importer, will receive its first Golden Arrowhead crude cargo from Guyana in December, according to trade sources and shipping data, as producer CNOOC seeks to expand markets for the new grade.

CNOOC loaded the one-million-barrel cargo onto very large crude carrier Sophia on November 3 which will discharge its cargo on December 15 at Huizhou in southern Guangdong province where CNOOC operates a refinery, data from shipping analytics firm Kpler showed. The tanker is also carrying about 800,000 barrels of Liza crude for Huizhou, the data showed.

 
 

Guyana is ramping up exports as its oil production from a consortium led by

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MO Strategy: Maritime Industry's Path to Net-Zero 2050

 

 

 

IMO

Reducing Shipping Emissions Through Innovation and Collaboration

The International Maritime Organization (IMO) plays a critical role in global efforts to combat climate change by addressing greenhouse gas (GHG) emissions from the shipping industry. Aligned with the United Nations Sustainable Development Goal 13 and the 2015 Paris Agreement, the IMO’s mission is to reduce GHG emissions that contribute to global warming. This blog explores the IMO’s ongoing initiatives, achievements, and plans to mitigate emissions from international shipping, driving the transition to a sustainable and low-carbon future.

A Decade of Regulatory Action: Energy Efficiency Measures

On July 15, 2011, the IMO implemented the first-ever international mandatory measures aimed at improving the energy efficiency of ships. These measures set the foundation for a series of additional regulatory

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12ºCongreso Internacionañ LNG BARCELONA

 

 

 

 

LNGCON 2026

 09 March 2026 - 10 March 2026


  •  +31232050099 ext. 129
  •  Visit website
  •  angelina.n@bgs.group
 

 

 

LNGCON 2026 is a closed-door business platform for global LNG leaders, taking place on 9 – 10 March 2026 in Barcelona, Spain. The Congress gathers over 390 key decision-makers from all stages of the LNG value chain – from production and liquefaction to storage, transportation, trading, and regasification. Participants include gas majors, local gas companies, EPC contractors, truck and fleet owners, terminals and shipping operators, government, and service providers. Among the participating companies are Moeve, bp, Repsol, KBR, Linde Engineering, EXMAR, Baleària, Elengy, GIE, and others.

The business programme covers infrastructure development, alternative fuels, LNG in marine transportation, regulatory frameworks, upcoming projects,

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