Saipem has entered into two new credit facilities totalling around €860 million with a pool of leading national and international banks.
Pacific Gas and Electric Company (PG&E) has partnered with Angel Island-Tiburon Ferry Company (Angel Island Ferry) to launch California’s first zero-emission electric ferry.
South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
Borr Drilling has secured more work for three premium jack-up rigs, thanks to a new deal and two contract extensions.
Atlantic Shores Offshore Wind, a 50:50 U.S. partnership between Shell and EDF Renewables, has joined the Northeast Clean Hydrogen Hub, a major multi-state initiative in the U.S. that plans to develop a proposal to become one of up to 10 regional clean hydrogen hubs in the country. The developer of a
Houston-based oil and gas company Talos Energy has completed the acquisition of EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico, for $1.1 billion. The announcement comes five days after Talos Energy received stockholder approval for the acquisition. With the complet
Japan’s energy company JERA has signed a Memorandum of Understanding (MoU) with the Philippines’ Aboitiz Power Corporation, a subsidiary of a conglomerate group Aboitiz Equity Ventures, to commence a joint study on ammonia co-firing for the decarbonisation of Aboitiz Power’s business. More specifica
A Noble-owned jack-up rig, sporting legs more than 200 metres in height, has become “the largest ever vessel” to visit Port of Aberdeen.
Norwegian shipping company Solstad Offshore has secured several new contracts and contract extensions for its platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels.
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
Classification society RINA has signed a Memorandum of Understanding (MoU) with Swiss-based technology developer ABB with the aim to develop new concepts to reduce emissions in shipping for various vessel types.
Danish company Wavepiston has opened a second round of equity crowdfunding as it aims to finance the final stages of demonstration and commercialization of its wave energy technology.
Malaysia Marine and Heavy Engineering (MMHE) has secured an engineering, procurement, construction and installation (EPCI) contract with Carigali-PTTEPI Operating Company (CPOC) for wellhead platforms, subsea pipelines and host tie-in works in the Gulf of Thailand. Under the contract valued at appro
