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Eidesvik's seismic trio finds new owners
Business & Finance

Eidesvik’s seismic trio finds new owners

Norwegian offshore vessel owner Eidesvik Offshore has entered into agreements with two separate parties for the sale of its three seismic vessels. In a statement issued on 1 June, Eidesvik reported that it was selling the seismic vessels Veritas Viking, Vantage and Viking Vision to two separate buye

about 3 years ago
UECC’s Auto Energy completes 1st LNG bunkering operation in Mediterranean
Business Developments & Projects

UECC’s Auto Energy completes 1st LNG bunkering operation in Mediterranean

United European Car Carriers’ (UECC) state-of-the-art LNG dual-fuel vessel Auto Energy has completed its first LNG bunkering operation in the Mediterranean. According to UECC, a provider of sustainable short sea ro-ro transportation in Europe, the operation took place in the port of Sagunto, Spain,

about 3 years ago
Wärtsilä joins hands with TW Shipping on decarbonisation modelling
Business Developments & Projects

Wärtsilä joins hands with TW Shipping on decarbonisation modelling

Finnish technology group Wärtsilä has signed an agreement to apply decarbonisation modelling on the bulk carriers of Orient Express Lines of Dubai, owned by Transworld Group and managed by Transworld Ship Management (TWSM).

about 3 years ago
Petrobras
Business & Finance

Four oil & gas giants ink deal for Brazilian offshore exploration block

Four oil and gas players have signed a production sharing contract (PSC) for an exploration block located offshore Brazil.

about 3 years ago
La meridionale CMA CGM
Green Marine

CMA CGM to build methanol-ready ships for La Méridionale as part of Mediterranean’s green corridor

French CMA CGM Group has finalized the acquisition of La Méridionale, a mixed-use freight and passenger shipping company established in Marseille since 1931. The acquisition marks a significant step for CMA CGM as it expands its specialized shipping operations and bolsters its decarbonization effort

about 3 years ago
Abo FPSO; Source: BW Offshore
Business & Finance

More time in Nigeria for BW Offshore FPSO

Eni has handed out another short-term contract extension to BW Offshore for an FPSO, working on a field located offshore Nigeria.

about 3 years ago
Luxembourg and Portugal looking into renewable hydrogen corridor
Business Developments & Projects

Luxembourg and Portugal looking into renewable hydrogen corridor

Luxembourg and Portugal have signed a declaration of cooperation on renewable energies, including the development of a renewable hydrogen corridor between the two countries. During his visit to Lisbon, Luxembourg’s Minister of Energy, Claude Turmes, signed the declaration with his Portuguese counter

about 3 years ago
TCT signs up for up to four methanol-powered tankers at Tersan Shipyard
Vessels

TCT signs up for up to four methanol-powered tankers at Tersan Shipyard

Dutch shipping company Tune Chemical Tankers (TCT) has ordered up to four methanol-fuelled chemical tankers at Turkish Tersan Shipyard.

about 3 years ago
Aker Horizons nets $12 million in funding for Rjukan green hydrogen project
Authorities & Government

Aker Horizons nets $12 million in funding for Rjukan green hydrogen project

Green energy developer Aker Horizons ASA has announced that Aker Horizons Asset Development, its wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up to NOK 135 million ($12.2 million) in grants and loans from Innovation Norway for the green hydrogen production faci

about 3 years ago
FPSO Jasmine Venture MV7; Source: MODEC
Business & Finance

Five more years at Canadian firm‘s oil field lay in store for Thai FPSO

Canada-based oil and gas company Valeura Energy has extended two contracts related to an oil field offshore Thailand.

about 3 years ago
China's first offshore CCS demo project up and running
Business & Finance

China’s first offshore CCS demo project up and running

Chinese oil and gas company CNOOC Limited has commissioned what is said to be China’s first offshore carbon capture and storage (CCS) demonstration project. The CCS project, officially commissioned on 1 June, is an auxiliary part of the Enping 15-1 oilfield development and can store more than 1.5 mi

about 3 years ago
Yang Ming
Business Developments & Projects

Yang Ming, HD Hyundai Heavy Industries seal deal for five 15,500 TEU LNG-fuelled containerships

Taiwanese shipping company Yang Ming Marine Transportation Corporation has signed a contract with South Korea’s shipbuilding major HD Hyundai Heavy Industries Co., for the en bloc construction of five 15,500 TEU LNG dual fuel container vessels. These new vessels are scheduled to be delivered in 2026

about 3 years ago
Grieg Maritime orders up to four ammonia-ready open-hatch bulkers
Vessels

Grieg Maritime orders up to four ammonia-ready open-hatch bulkers

Norwegian shipowner Grieg Maritime Group has placed an order for up to four ammonia-ready open-hatch bulk carriers at CSSC Huangpu Wenchong Longxue in China.

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

Equinor comes up empty in North Sea well

Equinor has completed the drilling of an exploration well near the Troll field in the Norwegian North Sea but failed to find hydrocarbons.

about 3 years ago
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