The Global Centre for Maritime Decarbonisation (GCMD) and partners have closed the world’s first fund for vessel retrofits with a pay-as-you-save repayment mechanism, securing total commitments of up to $35 million and exceeding its initial target.
Norwegian state-owned energy giant Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which will be drilled using a rig managed by KCA Deutag, operating under the umbrella of Helmerich & Payne (H&P).
A construction contract for a hybrid floating dock at the Iskra Shipyard in the Croatian town of Šibenik has been signed under what is claimed to be the “largest investment plan” for the sector in the region. As disclosed, the €30 million (around $34.5 million) agreement regarding the building of th
U.S.-headquartered oilfield services player NOV has secured its second assignment on an offshore floating liquefied natural gas (FLNG) project in the Gulf of San Matías, off the coast of Argentina.
The U.S. Bureau of Ocean Energy Management (BOEM) has revealed a proposed notice of sale for the next offshore oil and gas lease sale under the One Big Beautiful Bill Act, which is the second of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales required by this legislation.
Norwegian ocean services provider DeepOcean has been hired for a subsea tie-back assignment related to a hydrocarbon field development on the UK Continental Shelf (UKCS).
Odfjell Drilling, a 52-year-old offshore drilling player, has secured a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is on a drilling assignment on the Norwegian Continental Shelf (NCS).
ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is days away from crossing the finish line for its merger with the UAE-based Shelf Drilling, expanding its offshore drilling fleet with the addition of 33 jack-up rigs.
DEME has awarded SPIE Wind Connect, a subsidiary of SPIE, a contract for the full scope of cable termination and testing works on Dogger Bank C, the third phase of the 3.6 GW Dogger Bank offshore wind project in the UK. Under the agreement, SPIE Wind Connect will carry out 66 kV inter-array cable te
COSCO Shipping Bulk, a subsidiary of China’s state-owned maritime transport giant COSCO Shipping, has tapped compatriot Dalian Shipbuilding Industry (DSIC), an arm of China State Shipbuilding Corporation (CSSC), for the construction of at least four clean fuel-ready bulk carriers. Per information re
The main engineering, procurement, and construction (EPC) contractors for a liquefied natural gas (LNG) project in the United States, U.S.-headquartered McDermott (MDR) and Chiyoda International Corporation (CIC), have struck a revised EPC deal for two trains at an export terminal under construction
HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.
Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the U.S. and is now commencing cable installation works on both its projects under construction in the Northeast U.S., Revolution Wind and Sunrise Wind. According to the latest Notice to Marin
[PRESS RELEASE BY NAVINGO BV] The energy is rising as we enter the final countdown to the 18th edition of the Offshore Energy Exhibition & Conference (OEEC), taking place on 25–26 November at RAI Amsterdam. In less than one week, thousands of professionals from across the offshore energy sector will
