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Reach Subsea to deliver its services to Equinor under multiyear deal
Business & Finance

Reach Subsea to deliver its services to Equinor under multiyear deal

Norwegian state-owned energy giant Equinor has awarded Reach Subsea with a multiyear frame agreement for work on the Norwegian continental shelf (NCS) and internationally. The three-year frame agreement covers all core activities for Reach Subsea, including installation support, seabed intervention,

about 3 years ago
Image credit MAN Energy Solutions
Business Developments & Projects

MAN wins AiP for methanol-ready, four-stroke engine

Germany-based engine manufacturer MAN Energy Solutions has obtained Approval in Principle (AiP) from the Italian classification society RINA for its methanol-ready MAN L/V 32/44CR engine. The AiP covers an upgrade concept for the four-stroke engine for conversion to dual-fuel running on methanol, MA

about 3 years ago
Adriatic LNG starts 2021 Open Season
Business Developments & Projects

Adriatic LNG welcomes 1000th LNG carrier

Adriatic LNG, an Italian company, owned by ExxonMobil, QatarEnergy, and Snam, that operates the first liquefied natural gas (LNG) terminal in Italy in terms of regasification capacity and volumes of gas sent into the national distribution grid, has received the 1000th LNG carrier. According to Adria

about 3 years ago
Illustration; Source: Transocean
Business & Finance

U.S. offshore rig count moves down a couple of notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down by two units last week.

about 3 years ago
Shipbreaking
Environment

NYK sends end-of-life ship for green recycling to Bangladesh

In early March, Japanese shipping major NYK sent one of its vessels to PHP Ship Recycling Facility in Bangladesh for green recycling. The company said that PHP Ship Recycling Facility, which is a ship-recycling facility operated by PHP Ship Breaking and Recycling Industries Ltd., has become the firs

about 3 years ago
Illustration; Source: Shell
Business & Finance

Shell hires Kongsberg to digitalise its global assets

Kongsberg Digital has been hired by Shell Global Solutions International to handle the digitalisation of the oil major’s global assets with digital twin technology.

about 3 years ago
Broward County’s Port Everglades
Authorities & Government

Port Everglades secures $32 mln to curb environmental threats from rising sea levels

Florida’s Port Everglades has won a $32 million grant to mitigate environmental threats from flooding and sea level rise and ensure continued access for marine vessels. The grant is part of more than $275 million for resilience projects issued by the Florida Department of Environmental Protection, t

about 3 years ago
Brazil's first as Fugro and Petrobras complete remote subsea inspection survey
Business & Finance

Brazil’s first as Fugro and Petrobras complete remote subsea inspection survey

Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off the coast of Brazil. Fugro used a remotely operated vehicle (ROV) deployed from the Fugro Aquarius to conduct the survey. Office-based personn

about 3 years ago
Inseanergy's floating solar technology (Courtesy of Inseanergy)
Business Developments & Projects

Norwegian floating solar developers settle patent dispute

Norway-based floating solar companies Ocean Sun and Inseanergy have reached a settlement agreement for floating solar technology patents.

about 3 years ago
GAZ-SYSTEM’s Terminal LNG receives first delivery by Lech Kaczyński ship
Business Developments & Projects

GAZ-SYSTEM’s Terminal LNG receives first delivery by Lech Kaczyński ship

GAZ-SYSTEM’s Terminal LNG in Świnoujście, Poland, has seen the first delivery of LNG by the Lech Kaczyński, the first LNG carrier built for exclusive use by ORLEN Group and named after former president Lech Kaczyński. The ship was built by Hyundai Heavy Industries, and the ORLEN Group said it will u

about 3 years ago
Havila Borg; Source: Havila
Business & Finance

Havila bags long-term extension deals for two PSVs

Norwegian offshore vessel operator Havila Shipping has secured contract extensions for two of its platform supply vessels (PSVs).

about 3 years ago
NPCC picks Wärtsilä’s tech to optimize fleet performance
Vessels

NPCC picks Wärtsilä’s tech to optimize fleet performance

Finnish technology company Wärtsilä has signed a five-year optimised maintenance agreement with National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Group (NMDC Group).

about 3 years ago
Norwegian fishing vessel hired for survey services
Business & Finance

Norwegian fishing vessel hired for survey services

Norway’s Ross Offshore has entered into an agreement with compatriot Teige Gruppen for the charter of the fishing vessel Sunny Lady for survey services. The agreement will initially consist of a charter for this summer where the vessel will be used to carry out several work assignments for Ross Offs

about 3 years ago
CoolCo finalizes regulatory review process for NYSE listing
Business & Finance

CoolCo finalizes regulatory review process for NYSE listing

Bermuda-based Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has concluded the regulatory review process for listing its shares on the New York Stock Exchange (NYSE). On 14 February, CoolCo announced it had filed a registration statement with the U.S. Securities and Exchange

about 3 years ago
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