Prysmian Group has launched an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white-collar workers in over 35 countries. Approved by a majority at the Shareholders’ Meeting, the plan will run ov
The UK’s insurance company Navium Marine and its US-based counterpart AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the principles to enter into force.
Repsol has experienced production interruption at its operated Yme field located offshore Norway but the field has now been restarted.
Saipem has revealed a new, sustainable subsea pipelaying method which allows forming vertical cold bends in the pipeline in a strictly controlled way and directly underwater by means of a specially designed remotely operated underwater bending machine. The Underwater Cold Bending technology is said
Swedish company Ocean Harvesting Technologies is developing a novel concrete hull for the InfinityWEC wave energy converter, using high-strength concrete with low environmental footprint.
French ship-owning company France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France.
Global Centre for Maritime Decarbonisation (GCMD), an organisation committed to reducing greenhouse gas (GHG) emissions in the maritime sector, has been joined by three new partners.
Swedish energy company Vattenfall has issued a tender looking for a contractor or contractors to deliver bathymetric survey services at offshore wind sites. Vattenfall plans to sign a framework agreement with the selected company/companies for scheduled and ad-hoc seabed surveys at offshore wind pro
Texas-based petroleum firm Buckeye Partners will buy Bear Head Energy, which owns an LNG and clean energy development project in Nova Scotia, Canada.
Japan’s oil and gas player Inpex has started exploratory drilling operations offshore Shimane and Yamaguchi prefectures in Japan.
Germany-based logistics provider DB Schenker has revealed plans to operate a zero-emission coastal container feeder vessel between Ikornnes quay and the Port of Ålesund in Norway.
Singapore’s Keppel O&M has been awarded contracts worth around $181 million from repeat customers for the integration of two FPSOs.
DOF Subsea has secured a contract extension for the 160-meter long high-end subsea vessel Skandi Africa. The new commitment will commence in direct continuation with the current commitment and will run until February 2024. DOF Group CEO, Mons S. Aase, said: “Skandi Africa is the most sophisticated v
Norwegian HAV Group ASA has received preliminary approval for the hydrogen-based energy system for ships developed in the FreeCO2ast project, making a step towards the commercial use of hydrogen fuel by a commercial vessel.
