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Illustration; Source: QatarEnergy
Business & Finance

Shell sells partial stake in asset off Mauritania

Shell has entered into an agreement with QatarEnergy to sell a partial interest in a block located off the coast of Mauritania.

about 3 years ago
West Jupiter drillship; Source: Seadrill
Business & Finance

With offshore drilling industry making strides, Seadrill rig fleet positioned for ‘growth and enhanced performance’

Seadrill has tucked “excellent” operational and strong financial performance under its belt during 2022 while expanding its rig fleet.

about 3 years ago
The location of San Juan Islands in Washington state (Courtesy of OPALCO)
Authorities & Government

United States’ San Juan Islands set sights on tidal power for local energy resilience

An electric utility providing services to San Juan County in the US state of Washington has started exploring the feasibility of developing a tidal energy project that would provide another layer of energy resilience for the island communities in the Salish Sea.

about 3 years ago
Port of Hamburg
Collaboration

Kokarakis: Switching to alternative fuels is the key to CII compliance

The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual

about 3 years ago
G2 Net-Zero stops pursuing development of LNG export project in Louisiana
Authorities & Government

G2 Net-Zero stops pursuing development of LNG export project in Louisiana

US-based company G2 Net-Zero has decided to drop plans to build a 1.3 million tonnes per annum (mtpa) LNG export facility in Louisiana. At the end of March, the company submitted a filing to the US Department of Energy (DOE) requesting to vacate its LNG export authorization to free trade agreement (

about 3 years ago
Shell, Harbour Energy to be hit as 150 contractors begin strike
Business & Finance

Shell, Harbour Energy to be hit as 150 contractors prompt ‘tsunami’ of offshore strike action

Over 20 oil and gas platforms are expected to bit hit as around 150 Sparrows Offshore Services’ contractors are set to start strike action from today, 5 April, UK’s Unite the union reported. A series of stoppages will continue up to 9 June by Sparrows’ contractors in a dispute over pay. The strike a

about 3 years ago
Wärtsilä’s green-fuels-ready engines to power Erik Thun’s tankers
Equipment

Wärtsilä’s green-fuels-ready engines to power Erik Thun’s tankers

Finnish technology company Wärtsilä has been contracted to supply the engines for four new 7999 dwt chemical tankers being built for Swedish fleet owner Erik Thun.

about 3 years ago
Two SolarinBlue’s offshore floating solar units in the Mediterranean (Courtesy of SolarinBlue)
Business Developments & Projects

France gets its first offshore solar farm

French start-up SolarinBlue has deployed two offshore floating solar units in the Mediterranean sea as part of the Sun’Sète project, which aims to supply clean electricity to one of the 10 biggest French ports.

about 3 years ago
AD Ports Group
Business & Finance

AD Ports Group inks $2 billion loan

UAE-based port operator AD Ports Group has signed a General Corporate Facility agreement with a syndicate of 13 regional and international banks worth approximately $2 billion. The multi-currency facility is divided into three tranches, amounting to €600 million, $620 million, and AED 2,863 million,

about 3 years ago
Subsea Technology & Rentals targets stronger APAC presence with new facility
Business & Finance

Subsea Technology & Rentals targets stronger APAC presence with new facility

Subsea Technology and Rentals (STR) has made an investment into new premises in Singapore, triple the size of the previous facility, as part of the goal to strengthen its presence in the APAC region. STR has moved to a larger 10,000 square feet facility, three times the size of its previous premises

about 3 years ago
Avina chooses KBR technology for its green ammonia project in US
Business Developments & Projects

Avina chooses KBR technology for its green ammonia project in US

US engineering company KBR has been selected by US green hydrogen producer Avina Clean Hydrogen to provide its K-GreeN® technology for Avina’s green ammonia project in the US. Under the terms of the contract, KBR is expected to provide the process technology license and engineering design for the pr

about 3 years ago
Vahana Aryan self-propelled jack-up rig; Source: DNV
Business & Finance

Rig becomes world’s first jack-up with DNV’s Abate-Ready notation

DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.

about 3 years ago
MacGregor bags €20M RoRo equipment order for Grimaldi’s ammonia-ready PCTCs
Business Developments & Projects

MacGregor bags €20M RoRo equipment order for Grimaldi’s ammonia-ready PCTCs

MacGregor, part of Cargotec, has received a repeat order for comprehensive packages of roll-on/roll-off (RoRo) equipment for a total of five pure car and truck carriers (PCTCs) under construction for the Italian shipping company Grimaldi Group. The vessels with a loading capacity of over 9,000 CEU a

about 3 years ago
SH Diana
Green Marine

Swan Hellenic takes delivery of hybrid diesel-electric expedition ship

British cruise line Swan Hellenic has welcomed into the fleet its third and largest vessel, SH Diana. The hybrid diesel-electric expedition ship has a polar Class 6 ice-strengthened hull and it has been constructed by the Finnish Helsinki Shipyard. The vessel delivery ceremony took place at the ship

about 3 years ago
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