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Illustration; Source: QatarEnergy
Business & Finance

ExxonMobil deal enables QatarEnergy to add more offshore acreage to its oil & gas portfolio

QatarEnergy has expanded its offshore exploration portfolio in Atlantic Canada, thanks to a farm-in agreement with ExxonMobil.

about 3 years ago
Wärtsilä methanol engines offer a route to maritime decarbonisation. © Wärtsilä
Collaboration

Wärtsilä to enable Celebrity Cruises’ 5th Edge-Class Ship to run on methanol

Technology group Wärtsilä will supply the engines for Celebrity Cruises’ fifth Edge Series cruise vessel enabling the ship to run on methanol as fuel. Wärtsilä said that it would convert two Wärtsilä 46F engines to allow them to utilise methanol as fuel, marking the first-ever such conversion for th

about 3 years ago
Survitec gets nitrogen systems order for LNG-fuelled cruise ship
Business & Finance

Survitec gets nitrogen systems order for LNG-fuelled cruise ship

Maritime Protection, a brand of global survival technology solutions provider Survitec, has secured an order for a set of nitrogen systems for installation on an LNG-powered cruise ship. According to Survitec, the scope of supply is for two nitrogen generators, feed-air compressors, valves, and cont

about 3 years ago
KSOE lands $519 million deal to build LNG carrier duo
Vessels

KSOE lands $519 million deal to build LNG carrier duo

South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has inked a deal with an undisclosed shipowner for the construction of two liquefied natural gas (LNG) carriers

about 3 years ago
Island Innovator rig; Source: Island Drilling
Business & Finance

Island Drilling rig on its way to Norway to get ready for its next gig in UK

Island Drilling has revealed that its semi-submersible rig is in transit to Norway to prepare for its next contract with Dana Petroleum in the UK.

about 3 years ago
FPSO One Guyana drydocking at Keppel shipyard; Source: SBM Offshore
Business & Finance

WATCH: FPSO destined for ExxonMobil’s project off Guyana enters drydock

SBM Offshore has revealed that an FPSO, which will work for ExxonMobil off Guyana, recently entered drydock at the Keppel yard in Singapore.

about 3 years ago
Jiangnan Shipyard receives $470 million order for two LNG carriers
Business & Finance

Jiangnan Shipyard receives $470 million order for two LNG carriers

Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into shipbuilding contracts with compatriot insurance conglomerate China Taiping Insurance Holdings for the construction of two LNG carriers. According to the stock exchange filing, China Taiping Insurance si

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business & Finance

Transocean lands strategic collaboration deal with Equinor and secures more work for two rigs

Equinor has inked a strategic collaboration agreement with Transocean and added more work to the backlog of two semi-submersible rigs.

about 3 years ago
Construction support vessel adds Prysmian and Saipem to its to-do list
Business & Finance

Construction support vessel adds Prysmian and Saipem to its to-do list

CSS Subsea has entered into a charter agreement with GO Offshore for a construction support vessel (CSV) used for supporting inspection, maintenance and repair works at oil & gas and renewables projects. CSS Subsea will take delivery of the CSV GO Supporter in early April and the vessel’s first proj

about 3 years ago
Japan’s engineering firm scores $230 million deal for Taiwan LNG terminal
Business Developments & Projects

Japan’s engineering firm scores $230 million deal for Taiwan LNG terminal

Taiwan’s state-owned oil and gas company CPC has selected Japanese engineering firm JFE Engineering Corporation for the construction of large-scale liquefied natural gas (LNG) terminal. On 28 March, JFE Engineering said it secured a contract for the design, procurement, construction and commissionin

about 3 years ago
Norsepower nets €28M in funding to boost production of rotor sails
Business & Finance

Norsepower nets €28M in funding to boost production of rotor sails

Finnish cleantech company Norsepower Oy has secured €28 million in its latest funding round to scale up production and expand the reach of its fuel-saving and emissions-reducing technology, rotor sails.

about 3 years ago
McDermott to work for Shell offshore Trinidad and Tobago
Business & Finance

McDermott to work for Shell offshore Trinidad and Tobago

U.S. offshore engineering and construction services firm McDermott has secured a front-end engineering design (FEED) contract with Shell for a gas development project offshore Trinidad and Tobago. Under the contract, McDermott will provide comprehensive FEED services for a wellhead platform, export

about 3 years ago
NewMed Energy
Business & Finance

BP and ADNOC buying stake in Israel’s NewMed for nearly $3.99 billion

BP and ADNOC have made a non-binding offer to take NewMed Energy private through an acquisition of the free float and a partial acquisition of Delek’s stake.

about 3 years ago
DNV adds low-carbon fuels to its AFI data platform
Business Developments & Projects

DNV adds low-carbon fuels to its AFI data platform

As part of an effort to accelerate the decarbonisation of shipping, classification society DNV has enhanced its Alternative Fuels Insight (AFI) data platform by adding new low-carbon fuels, including methanol, ammonia, hydrogen, and LPG. DNV said the platform will include detailed insights for low-c

about 3 years ago
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