Fugro has reported a revenue increase of 5.8% for the financial year 2021 compared to 2020, accompanied by a 21% revenue increase from renewables, led by buoyant offshore wind activity levels. EBITDA for the full year increased to €175.6 million, said to be driven by improvements in Europe-Africa an
Norwegian offshore safety regulator has granted Repsol consent for life extension for a field located in the North Sea off Norway.
The CEO of the classification society American Bureau of Shipping (ABS) says government support is crucial if hydrogen and carbon capture are to deliver net-zero.
Norwegian maritime group Wilhelmsen has acquired a 21% stake in the compatriot subsea contractor Reach Subsea to position itself in the renewable value chain and explore the remote subsea concept.
The Danish Energy Agency has sent for consultation an EIA report for the development and operation of a field in the North Sea.
BMO Financial Group, acting as lead sustainability structuring coordinator in a syndicate of Canadian, U.S. and European banks, has announced a financing deal with Hong Kong-based containership owner and operator Seaspan.
The U.S. Energy Information Administration (EIA) report says that weekly LNG exports are down by four vessels this week from last week.
Enauta has restarted production from the second well on the Atlanta field, located offshore Brazil, following a replacement of a seabed pump.
FSUE Hydrographic Company is looking into investing about RUB 20 billion ($264 million) in construction of its own dredging fleet. This information was revealed yesterday Aleksandr Bengert, General Director of Hydrographic Company, at the 5th International Congress “Hydraulic Engineering Structures
Classification society RINA has granted approval in principle (AiP) to a hydrogen-powered MR tanker design developed by Swedish designer FKAB Marine Design.
A drillship owned by Aquadrill, formerly known as Seadrill Partners, has caught fire while docked at a port in Sri Lanka.
Following the bidding process, CMA Terminals, part of French shipping and logistics major CMA CGM Group, has been chosen to manage, operate and maintain the Port of Beirut’s container terminal for a 10-year period starting in March 2022.
Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.
The UK-based Modus Subsea Services has completed autonomous docking of one of its hybrid autonomous underwater vehicles (HAUV) to an Equinor subsea docking station (SDS), representing a world’s first. The HAUV system, based on a Saab Sabertooth AUV, successfully docked subsea to the SDS in the North
