Singapore-based LNG Easy, a distributor and provider of LNG infrastructure, has reached a long-term mutually exclusive commercialisation agreement to develop new LNG carrier designs based on B type cargo containment system (CCS). The company signed the agreement with Shangai-based marine environment
The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-
UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.
Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a
Norway’s hydrogen technology company Nel and supplier of renewable energy Statkraft have partnered up on green hydrogen in Norway and signed a contract for 40 MW electrolysers. The companies said the electrolyser stacks will be produced at Nel’s manufacturing plant at Herøya and used for the product
A consortium of JGC Corporation and Samsung Heavy Industries (SHI) has secured an engineering, procurement, construction and commissioning (EPCC) contract with Petronas for the first nearshore floating LNG facility project in Malaysia. The planned facility is set to become the first nearshore floati
American classification society ABS and South Korean HD Hyundai have signed a memorandum of understanding (MoU) to collaborate on autonomous technology for ships.
BW Energy has spudded the first well in its multi-well drilling campaign offshore Gabon with a Borr Drilling-owned jack-up rig.
UAE-based offshore drilling contractor Shelf Drilling has won a long-term deal for one of its jack-up rigs for operations offshore India.
As we entered into a new year, the mission remained the same. In the next twelve months, the offshore energy sector will continue to work on the steps to ameliorate immediate challenges and climate change impact.
Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK.
Green Hydrogen Systems, a Denmark-based provider of modular electrolysers to produce green hydrogen based on renewable electricity, has delivered A-Series electrolyser units in December 2022 to two customers to provide green hydrogen for seasonal electricity and maritime use. The company said it wil
Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U
