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Authorities & GovernmentBusiness Developments & ProjectsOutlook & StrategyRegulation & PolicyBusiness & FinanceInfrastructurePorts & LogisticsTechnologyEnvironmentProject & TendersTransitionVisionCollaborationSafetyExploration & ProductionVesselsInnovationResearch & DevelopmentRules & Regulation
nuclear
Authorities & Government

IMO and IAEA grant official status to Nuclear Energy Maritime Organization

The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the Gene

about 1 year ago
Blackford Dolphin rig; Source: Dolphin Drilling
Authorities & Government

Arbitration finale of rig termination saga bringing $105 million to Dolphin Drilling

Following its arbitration win in a case concerning the termination of a drilling contract off the coast of Nigeria, Scotland-headquartered offshore drilling contractor Dolphin Drilling has received the go-ahead to kick off the collection proceedings to obtain its arbitration award from Lagos-based G

about 1 year ago
shore power
Infrastructure

European ports are slow to install shore power and cut CO2 emissions, study finds

Europe’s ports are not doing enough to tackle toxic air pollution, a new study looking at major European ports shows.

about 1 year ago
Fugro to survey Irish seabed for future offshore wind farms
Authorities & Government

Fugro to survey Irish seabed for future offshore wind farms

Fugro has secured a seven-year framework agreement with Irish transmission system operator (TSO) EirGrid to perform surveys for a project that will develop offshore electricity substations and export cable routes to connect Ireland’s future offshore wind farms on the south coast to the national grid

about 1 year ago
An FPSO at sea
Business Developments & Projects

MODEC’s first FPSO destined for Guyana reaches new construction stage

Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana.

about 1 year ago
MMMCZCS
Business Developments & Projects

MMMCZCS, LR Decarb Hub unite to advance zero-carbon shipping goals

In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) has become the latest Knowledge Partner of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS). The goal of the partnership is described a

about 1 year ago
Map of blocks offshore Uruguay
Authorities & Government

Uruguay oil & gas quest: Prospects appear in one block, as another preps for seismic acquisition

As offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready.

about 1 year ago
ExxonMobil hires Helix for three-year plug and abandonment services
Business & Finance

ExxonMobil hires Helix for three-year plug and abandonment services

U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a plug and abandonment (P&A) agreement with U.S. energy major ExxonMobil in the Gulf of America. The company’s Louisiana-based shallow water abandonment group Helix Alliance was awarded the three-year framework a

about 1 year ago
Fincantieri takes construction of LNG-powered Explora fleet to the next stage
Business Developments & Projects

Fincantieri takes construction of LNG-powered Explora fleet to the next stage

Italian shipbuilder Fincantieri has reached a new chapter in the construction of LNG-powered ships for Explora Journeys, the cruise division of Mediterranean Shipping Company (MSC).

about 1 year ago
Magallanes tidal energy technology
Business Developments & Projects

New tidal turbine blade tech project links Wales and Galicia

A new cross-border initiative to develop tidal turbine blades is underway in Wales, led by Menter Môn Morlais, developer of what is said to be Europe’s largest consented tidal energy scheme. According to Menter Môn Morlais, the project is backed by £1 million (approximately $1.3 million) in funding

about 1 year ago
FPSO P-78
Business Developments & Projects

New FPSO en route to join six other units at Petrobras’ deepwater field (Gallery)

A floating production storage and offloading (FPSO) unit has left Seatrium’s yard in Singapore for a field in Brazil’s Santos Basin operated by the country’s state-owned energy major Petrobras.

about 1 year ago
John Cockerill acquires McPhy’s assets to advance development of alkaline electrolyzers
Authorities & Government

John Cockerill acquires McPhy’s assets to advance development of alkaline electrolyzers

John Cockerill Hydrogen has acquired part of the assets of McPhy to accelerate the development of its new generation of pressurized alkaline electrolyzers.

about 1 year ago
Pacific Basin
Business & Finance

Pacific Basin closes its 2nd sustainability-linked loan

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has closed a new $250 million sustainability-linked 7-year senior secured committed revolving credit facility for general corporate purposes.

about 1 year ago
DP World
Authorities & Government

DP World to breathe new life into Syria’s Port of Tartus

The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

about 1 year ago
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