While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp decrease year-over-year.
UK shipowner Carisbrooke Shipping has signed a letter of intent with Anglesey and Manchester-based Grafmarine to utilise their NanoDeck AI Solar tile management solution. The shipping company will install the solar cells on its vessels to manage and store renewable energy following successful trials
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.
Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices.
French transmission system operator Réseau de Transport d’Electricité (RTE) has issued a contract notice seeking contractors to perform unexploded ordnance (UXO) survey for the connection of the AO6 Méditerranée and AO7 Oléron offshore wind farms. Through this contract notice, RTE’s objective is to
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2023, compared to the same period a year earlier, recording also a 55% rise in revenues for the period.
Maran Tankers Management (MTM), an oil tanker shipping unit of the Greek Angelicoussis Shipping Group, has welcomed the fourth dual-fuel (DF) very large crude carrier (VLCC), Maran Dione, to its fleet. On its social media, the Angelicoussis Shipping Group stated that the delivery is the last of the
Dutch producer and distributor of hydrogen-based products OCI Global will supply Singapore-based shipping company X-Press Feeders with OCI HyFuels green methanol for their new-build methanol dual-fueled common feeder ships. OCI Global said that this was the first green methanol deal with a feeder co
Luxembourg-headquartered manufacturer of pipes and related services Tenaris has secured a contract to supply products for a giant natural gas project in the Black Sea in Türkiye. Tenaris will supply pipes and services for phase II-A of the Sakarya gas field development, operated by Turkish Petroleum
China-based companies specializing in ocean-based heavy lift transport COSCO SHIPPING Specialized and Guangzhou Salvage have concluded a joint venture deal leading to the creation of a fleet of 18 semi-submersible vessels by the end of 2023. Commercial management of the fleet will be handled by the
South Korean HD Hyundai Heavy Industries (HHI) has obtained Approval in Principle (AiP) from classification society ABS for its new ammonia-based ship HVAC refrigeration system. HHI said it developed the system in response to shipowners’ request for refrigeration of HVAC systems using ammonia as a m
TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2% increase compared to Q1 2023 and a 113.4% increase compared to the same period in 2022. Records were set for the company’s iEPCI full-field subsea development and integrated project execution and Sub
Monaco-based dry bulk shipping company Safe Bulkers has taken delivery of MV Climate Justice, a GHG Phase 3-NOX Tier III compliant Post-Panamax vessel. The 87,300 dwt bulker, sailing under the Cyprus flag, was built by Oshima Shipbuilding from Japan and is classed by DNV. The newbuild is fitted with
