MODEC and Toyo Engineering Corporation are setting up a joint venture for floating production storage and offloading (FPSO) vessels.
The International Marine Contractors Association (IMCA) has issued guidance looking at different methods of measuring the depth of burial of subsea cables and pipelines together with factors influencing the depth of burial. Named ‘Guidelines for the Measurement of Depth of Burial’, the guidance is a
Greek dry bulk shipping firm Star Bulk Carriers has earned back its $250 million investment in exhaust gas cleaning systems (scrubbers), within a span of 2.5 years, the company said. The bulker owner has been a staunch supporter of scrubbers as a means of meeting the IMO 2020 sulphur cap and had a f
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
Edinburgh-based marine energy firm QED Naval has reached the target of its latest fundraising campaign in just two days.
Sval Energi is buying Suncor Energy’s Norwegian business in a bid to expand its portfolio and workforce as part of its growth strategy.
Approximately 31 million tonnes of green methanol would be required to replace the diesel fuel now burned by the North American Waterborne Transportation (NAWT) fleet, an analysis of the carbon footprint and emissions-free fuel requirement for the NAWT business has shown. The analysis was presented
Maritime risk management and environmental assessment agency RightShip is acquiring Thynk Software’s maritime tech business. The move builds upon close collaboration between the two companies on RightShip’s digital Platform in 2021. Big data and predictive analytics play a massive role in the ship v
QatarEnergy LNG producing unit Qatargas has delivered the first LNG cargo to Thailand’s Map Ta Phut LMPT2 LNG terminal.
Polish gas transmission system operator GAZ-SYSTEM will hold the opening ceremony for the Baltic Pipe project on 27 September. The announcement comes as the technical commissioning of all three gas compressor stations that will distribute gas imported from the Norwegian Shelf in Poland has been comp
The last weeks witnessed the major industry players joining forces for energy transition programs and decarbonising their operations and production. By working together, they will be able to achieve the climate goals faster, ensuring that energy transition mechanisms become more attainable and cheap
Swedish floating wind technology developer Hexicon, through a 50/50 joint venture with its partner in Italy, has submitted an application to the Italian authorities for a concession for an offshore area in the Strait of Sicily, where the joint venture plans to build a gigawatt-scale floating wind fa
Repsol has found good quality reservoir at its exploration well off Guyana but both targets are water-bearing.
WinGD’s X92-B engine, described as the biggest and most powerful two-stroke engine, has passed its upgrade Type Approval Test (TAT) at engine builder HHI-EMD in Korea. The Swiss engine designer said that eight major classification societies were in attendance, including ABS, Bureau Veritas (BV), Chi
