South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime.
Greek shipowner Capital Clean Energy Carriers (CCEC) has entered into an agreement to sell a Neo-Panamax container vessel and secured financing for six dual-fuel medium gas carrier (MGC) newbuilds.
Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alask
Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform re
Biofuel tracers—physical or digital tools that verify and track the supply chain of this sustainable fuel—can be incorporated into existing supply chain practices without disrupting operations or compromising the quality of biofuels, while fighting the possibility of fraud within this landscape. Thi
Amigo LNG, the Mexican joint venture of Texas-based Epcilon LNG and Singapore-based LNG Alliance, has awarded an engineering, procurement, and construction (EPC) contract to the UAE-headquartered marine and offshore services provider Drydocks World, a part of DP World, for the floating liquefied nat
Aberdeen-based ZOEX Power has deployed its wave energy technology for testing in the Black Sea, Türkiye, with initial results showing higher generation than anticipated. According to the company, the system has already produced several hundred kWh, which were used to power electric heaters at its qu
Norway’s Shearwater GeoServices has secured another contract in Africa, this time for a deepwater ocean bottom node (OBN) seismic survey it will perform for ExxonMobil in Angola. The two-month project, secured with ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited, will begin during th
Norwegian upstream oil and gas player Vår Energi has achieved what it says is a significant milestone by recording a level of production sooner than planned.
Ithaca Energy, a North Sea oil and gas operator and producer, has reported significant progress toward unlocking long-term value creation in the West of Shetland area through targeted value-led investment into three oil and gas projects being developed on the UK Continental Shelf (UKCS).
MV Tamarack, an eco-friendly cement carrier, arrived at the Port of Montreal on August 22, 2025, completing its maiden transatlantic voyage and marking a major milestone in North American shipping.
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Norwegian state-owned energy company Equinor to deliver an all-electric subsea production system (SPS) for the Fram Sør field offshore Norway. The award fo
Sonadrill Holding, a joint venture between offshore drilling contractor Seadrill and an affiliate of Angola’s state-controlled oil company Sonangol, has won two contracts for a vessel pair from its fleet.
The Korea Ocean Business Corporation (KOBC) has joined forces with compatriot greenhouse gas (GHG) emission monitoring service providers Mapsea Corporation and Ecomarine to support domestic shipping companies in complying with environmental regulations. The agreement, announced on August 21, reporte
