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Illustration; Source: Wood Mackenzie
Business & Finance

Golden Triangle and Mediterranean to spearhead rise in rig demand

Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next two years.

about 3 years ago
New subsea link in Greece goes into full operation
Business & Finance

New subsea link in Greece goes into full operation

Greek electricity grid operator Independent Power Transmission Operator (IPTO) has put the Western Corridor, part of the Peloponnese interconnection, into full operation. The Western Corridor includes the electricity transmission line connecting Megalopoli with Patras and Western Central Greece, con

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Authorities & Government

Equinor gets the all-clear signal for North Sea drilling ops

Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.

about 3 years ago
Raymond Alcorn, CEO and founder of Exceedence (Courtesy of Exceedence)
Business & Finance

Exceedence announces crowdfunding campaign

Irish fintech company Exceedence, which has developed a software to speed up the rollout of offshore wind, wave and tidal energy projects, has unveiled plans to launch a crowdfunding campaign on Seedrs platform.

about 3 years ago
MSC Chiyo
Green Marine

MSC Chiyo delivered to MSC

Chinese shipbuilder Dalian Shipbuilding Industry Co. held a naming and delivery ceremony for the 16,000 TEU containership MSC Chiyo. The vessel was constructed for the world’s largest container shipping company Mediterranean Shipping Company (MSC). The ship’s design was meticulously crafted by the M

about 3 years ago
Brunei LNG; Source: Mitsubishi Corporation
Business & Finance

First LNG project in Western Pacific goes offline as black smoke billows out

An investigation has been launched after black smoke and flaring were seen coming from the liquefied natural gas (LNG) plant in Brunei.

about 3 years ago
Port of Melbourne commits to 2030 net-zero target
Ports & Logistics

Port of Melbourne commits to 2030 net-zero target

Port of Melbourne has set a target to achieve net zero emissions for Scope 1 and 2 for port operations by 2030.

about 3 years ago
Weatherford
Business & Finance

Saudi oil & gas giant taps Weatherford for drilling services

Weatherford International has secured a long-term contract with Saudi Arabia’s Aramco for the provision of drilling services.

about 3 years ago
Hyundai Vietnam Shipbuilding
Business & Finance

Hyundai Vietnam Shipbuilding pens deal for product carrier pair

Hyundai Vietnam Shipbuilding, a subsidiary of HD Hyundai’s shipbuilding division, has secured orders for two product carriers from an undisclosed African-based shipping company, marking a total of 199 vessels ordered in the shipbuilding business since its inception 15 years ago. The company was esta

about 3 years ago
Equinor gives go-ahead to Aker Solutions for North Sea field development
Business & Finance

Aker Solutions set to begin preparatory work for Equinor’s subsea tie-back project

Norway’s state-owned energy giant Equinor has awarded Aker Solutions with a Letter of Award (LOA) to provide the subsea production system and control umbilical for its North Sea field development. The scope of work includes a complete subsea production system including two vertical subsea trees, one

about 3 years ago
Amsterdam, Bilbao ports to develop renewable hydrogen corridor
Business Developments & Projects

Amsterdam, Bilbao ports to develop renewable hydrogen corridor

Port of Bilbao and Port of Amsterdam have signed a Memorandum of Understanding (MoU) to join forces for the development of a renewable hydrogen corridor between Bilbao and Amsterdam.

about 3 years ago
Illustration (Courtesy of ORE Catapult)
Authorities & Government

Industry taskforce to develop guide on seabed change effects on offshore renewables

The Offshore Renewable Energy (ORE) Catapult has joined forces with leading offshore wind developers and seabed mobility experts to provide clear guidance on seabed change and how it affects offshore wind and marine energy projects.

about 3 years ago
Scrubber
Environment

Ships’ scrubber discharge accounts for over 90 pct of marine contaminants, study reveals

Ships’ emissions of metals and hazardous substances pose a significant threat to the marine environment, warns a new study conducted by Chalmers University of Technology in Sweden. The research found that water discharged from ships’ scrubbers, designed to clean exhaust gases, accounted for over 90%

about 3 years ago
World’s largest FSRU receives first LNG ahead of Hong Kong LNG terminal launch
Business Developments & Projects

World’s largest FSRU receives first LNG ahead of Hong Kong LNG terminal launch

MOL FSRU Challenger, also known as the world’s largest floating storage and regasification unit (FSRU), has received the first LNG as part of a commissioning process for Hong Kong’s first offshore LNG terminal. The FSRU’s owner, Japanese shipping giant Mitsui O.S.K. Lines (MOL), announced this miles

about 3 years ago
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