Eni has agreed on another short-term contract extension with BW Offshore for an FPSO, which is working on a field offshore Nigeria.
Reach Subsea has exercised an option to extend the existing contract for one of Havila Shipping’s IMR, survey, and construction vessels.
French shipping major CMA CGM Group has finalized its acquisition of Global Container Terminals (GCT) Bayonne and New York terminals which was announced in December last year. “Through this strategic investment, the group strengthens its position as a global port terminal operator, and a leading sup
Equinor has hired two semi-submersible rigs from COSL Offshore Management for drilling operations on the Norwegian continental shelf (NCS).
While Westwood believes that a newbuilding cycle will not happen anytime soon, any new rig orders are likely to be for jack-ups.
Researchers from the National Renewable Energy Laboratory (NREL) and Pacific Northwest National Laboratory (PNNL) have developed a more comprehensive and accurate methodology to measure the wave energy available in ocean sites around the world.
Japanese companies Mitsui & Co., Mitsui Chemicals, IHI Corporation and The Kansai Electric Power Co. have signed a memorandum of understanding (MoU) to execute a joint study to establish a hydrogen and ammonia supply chain based in the Osaka coastal industrial zone. Under the MoU, the four companies
Jadestone Energy has disclosed its new timeline for the restart of production from an FPSO in the Timor Sea offshore Australia.
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has launched a 7,600 CEU liquefied natural gas (LNG) dual-fuel vehicle carrier being built for SAIC Anji Logistics, a subsidiary of China’s automobile manufacturer SAIC Motor. The ship was ordered back in 2022 as part of a
Nauticus Robotics has been hired – together with its partner, Stinger Technology – for a pilot project by Norway’s Equinor.
Hong Kong-based shipowner Seaspan has taken delivery of the fifth 15,000 TEU containership powered by liquified natural gas (LNG) from South Korean shipbuilding company Samsung Heavy Industries (SHI).
The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv
Irish fintech company Exceedence has launched a crowdfunding campaign on Seedrs platform, aiming to raise €500,000 to advance its software solution exfin that can help accelerate the roll out of offshore wind, wave and tidal energy projects.
Petrobras has teamed up with Chinese companies to bring its strategic five-year plan to life and prepare for a more sustainable future.
