/storage?format=feed Storage en-US Fri, 25 Apr 2025 05:40:29 -0400 /news/525038-centrica-gets-consent-extension-for-uk-s-largest-gas-storage-facility The North Sea Transition Authority (NSTA) has agreed to extend Centrica Ôƶ¥¶Ä³¡ÀÏ»¢»ú UK’s consent to operate the Rough gas storage site, off the east coast of England in the Southern North Sea… Fri, 25 Apr 2025 09:40:29 Z /news/525038-centrica-gets-consent-extension-for-uk-s-largest-gas-storage-facility /news/510608-verlume-granted-fit4offshore-renewables-status Scottish energy management and storage technologies specialist Verlume has achieved the ‘Granted' status from the Ôƶ¥¶Ä³¡ÀÏ»¢»ú Renewable Energy (ORE) Catapult’s Fit For Ôƶ¥¶Ä³¡ÀÏ»¢»ú Renewables (F4OR) program… Mon, 08 Jan 2024 10:59:20 Z /news/510608-verlume-granted-fit4offshore-renewables-status /news/477004-brent-s-fall-creates-steepest-contango-in-11-years The discount on front-month Brent crude oil futures to later contracts increased to an 11 year high on Thursday, as the coronavirus pandemic continued to cause an unprecedented slump in global demand… Thu, 26 Mar 2020 13:52:07 Z /news/477004-brent-s-fall-creates-steepest-contango-in-11-years /news/475690-chrysaor-backs-mocean-subsea Mocean Energy, global wave energy player, has teamed up with energy major Chrysaor, subsea energy storage experts EC-OG and AUV specialist Modus in a project to… Mon, 17 Feb 2020 04:43:35 Z /news/475690-chrysaor-backs-mocean-subsea /news/473331-masirah-contracts-wings-offshore-for-fso Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Ôƶ¥¶Ä³¡ÀÏ»¢»ú for a floating storage and offloading (FSO) vessel… Wed, 27 Nov 2019 05:39:14 Z /news/473331-masirah-contracts-wings-offshore-for-fso /news/473315-global-fpso-to-grow-at-over-19-9 The floating production systems market worldwide is projected to grow by US$85.1 Billion, driven by a compounded growth of 19.5%.Floating production storage offloading (FPSO)… Wed, 27 Nov 2019 01:45:42 Z /news/473315-global-fpso-to-grow-at-over-19-9 /news/471050-gere-goes-carbon-neutral GE Renewable Energy, the renewable energy arm of US industrial technology giant General Electric, announced its plan to make 100 percent of its operations carbon neutral by the end of 2020… Wed, 25 Sep 2019 03:41:53 Z /news/471050-gere-goes-carbon-neutral /news/469926-brazil-leads-fpso-crude-production-capacity Brazil will also lead globally on crude production capacity through upcoming floating production storage and offloading (FPSO) vessels with 2,430 thousand barrels per day (mbd) between 2019 and 2025… Mon, 26 Aug 2019 05:35:47 Z /news/469926-brazil-leads-fpso-crude-production-capacity /news/469445-corvus-energy-gets-shell-ventures-investment Canadian-Norwegian battery maker Corvus Energy announced that it has finalized an investment deal with Shell Ventures.The investment is a step towards Shell’s ambition… Tue, 13 Aug 2019 01:30:27 Z /news/469445-corvus-energy-gets-shell-ventures-investment /news/465349-samsung-wins-963mln-fpso-contract South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit on… Tue, 23 Apr 2019 05:47:29 Z /news/465349-samsung-wins-963mln-fpso-contract /news/463255-woodside-selects-modec-for-sne-field Australian petroleum exploration and production company Woodside Energy  has awarded MODEC International the front-end engineering design (FEED) contract for the… Mon, 25 Feb 2019 05:37:54 Z /news/463255-woodside-selects-modec-for-sne-field /news/462918-shell-invites-bid-for-fpso-in-bonga Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of invitation to tender (ITT) to contractors for the development of the Bonga South-West Aparo (BSWA) oil field… Fri, 15 Feb 2019 04:55:32 Z /news/462918-shell-invites-bid-for-fpso-in-bonga /news/461711-alexandroupolis-fsru-delivery-delayed-by-six-months Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery of offshore floating… Tue, 15 Jan 2019 05:34:11 Z /news/461711-alexandroupolis-fsru-delivery-delayed-by-six-months /news/444359-addax-petroleum-extends-yinson-s-adoon-fpso-deal Nigeria-focused oil company Addax has extended the charter for the Yinson-owned FPSO Adoon for another three months, pending discussion for a potential longer-term deal… Mon, 26 Nov 2018 03:30:26 Z /news/444359-addax-petroleum-extends-yinson-s-adoon-fpso-deal