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An offshore platform
Business & Finance

Fresh decade-long deal secures more Norwegian gas for Europe

Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.

about 1 year ago
MPCC
Business Developments & Projects

MPCC orders dual-fuel-ready 4,500 TEU boxship quartet

Norwegian container tonnage provider MPC Container Ships (MPCC) has unveiled a series of strategic initiatives which include the order of four 4,500 TEU dual-fuel-ready containerships in China.

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Business & Finance

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Photo of the floaters from Eco Wave Power's Israeli project, for illustration purposes
Human Capital

Board update as Eco Wave Power gears up for LA wave energy debut

Wave energy developer Eco Wave Power has elected Hilary E. Ackermann to its Board of Directors, following approval at the company’s annual general meeting. Ackermann, who previously served on Eco Wave Power’s Advisory Board, brings expertise in energy sustainability, corporate governance, and risk m

about 1 year ago
Cameron LNG
Business Developments & Projects

Sempra-led US LNG project marks 1,000 global deliveries

Cameron LNG, a liquefied natural gas (LNG) export project operated by several global energy majors in Hackberry, Louisiana, has exported its 1000th cargo.

about 1 year ago
CorPower Ocean wave energy farm
Authorities & Government

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Business & Finance

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.

about 1 year ago
BYD Xi'an
Authorities & Government

LNG-fueled BYD Xi’an, one of the world’s biggest car carriers, threads through Suez Canal

Chinese plug-in hybrid electric vehicle manufacturer BYD’s roll-on/roll-off (RoRo) car carrier BYD Xi’an, hailed as one of the largest ships of its type in the world, has passed through the Suez Canal on its maiden voyage. The 219-meter-long vessel was launched in April this year, back-to-back with

about 1 year ago
Navigator
Business Developments & Projects

Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers

Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime.

about 1 year ago
Hugin A jacket being put into place with Heerema's Sleipnir; Source: Aker BP
Business & Finance

WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Authorities & Government

EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
NKT contracts Helix Robotics to operate 'world’s most powerful' subsea trencher
Business & Finance

NKT contracts Helix Robotics to operate ‘world’s most powerful’ subsea trencher

Denmark-headquartered power cable manufacturer and installation firm NKT has selected Helix Robotics Solutions Limited, the UK robotics division of Helix Energy Solutions Group, as the service provider for what is said to be the world’s most powerful subsea trencher. NKT and Helix Robotics entered i

about 1 year ago
Avance Gas
Business & Finance

BW LPG wraps up $595M financing to support fleet and balance sheet strategy

Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving

about 1 year ago
An offshore platform
Business Developments & Projects

Mega drilling structure assembly marks milestone for Cenovus’ Newfoundland field

Canadian oil and gas company Cenovus Energy has merged two large structures that will form part of the drilling platform at its field offshore Newfoundland, Canada.

about 1 year ago
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