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FPSO Triton
Business Developments & Projects

EnerMech scores multi-year contract for North Sea FPSO support

Aberdeen-headquartered integrated solutions specialist EnerMech has won a multi-year contract with compatriot oil and gas player Dana Petroleum for work related to a floating production, storage and offloading (FPSO) vessel it operates in the North Sea.

about 1 year ago
Svitzer welcomes its first fully electric tug
Business Developments & Projects

Svitzer welcomes its first fully electric tug

Denmark-based towage service provider Svitzer has taken delivery of its first fully electric tug from Turkish shipbuilder Sanmar Shipyards.

about 1 year ago
Illustration; Source: ADES
Authorities & Government

Tragic incident in Gulf of Suez: Four dead, three missing as jack-up capsizes

ADES has disclosed a towing incident in Egypt’s Gulf of Suez, involving a jack-up barge unit owned by its subsidiary and operating within a key oil zone in Egyptian territorial waters.

about 1 year ago
European Commission
Authorities & Government

European Commission kick-starts work on EU ports and industrial maritime strategies

In a long-awaited move, the European Commission has started preparations for an EU Ports Strategy and EU Industrial Maritime Strategy and is inviting stakeholders to participate in the process.

about 1 year ago
J.T. Angel jack-up rig
Business Developments & Projects

Shelf Drilling finds work for one 1982-built rig, eyes sale of another

UAE-headquartered offshore drilling contractor Shelf Drilling has inked a multi-year contract with India’s Oil and Natural Gas Corporation (ONGC) for a jack-up rig to be deployed in the Mumbai High, offshore India.

about 1 year ago
Brage platform; Source: OKEA
Business & Finance

Norwegian operator tasks AGR with oil & gas reserves assessments

Norway’s AGR, part of the energy and marine consultancy ABL Group, has been entrusted with delivering annual independent reserves evaluation and a competent person report (CPR) to OKEA, a compatriot oil and gas player.

about 1 year ago
PEL 87 location map; Source: Pancontinental
Business Developments & Projects

New studies enhance outlook for Orange Basin exploration block

Australia-based petroleum exploration company Pancontinental Energy has revealed the results of two studies exploring hydrocarbon properties of a petroleum exploration license (PEL) it operates in the Orange Basin, offshore Namibia.

about 1 year ago
MOL
Business & Finance

MOL grows tank storage business as it completes LBC Tank Terminals acquisition

Japanese shipping major Mitsui O.S.K. Lines (MOL) has become the 100% shareholder of LBC Tank Terminals, the Netherlands-based tank terminal operator in the chemical handling industry.

about 1 year ago
HD Hyundai
Automation

HD Hyundai affiliates partner to advance autonomous maritime solutions

Two affiliates of South Korea’s conglomerate HD Hyundai have entered an agreement to jointly ‘fast-track’ the adoption and expansion of autonomous navigation technology at sea. As disclosed, autonomous navigation systems provider Avikus and ship design affiliate HD Hyundai ENT (formerly E&T) inked a

about 1 year ago
Delfin LNG; Source: Delfin Midstream
Business & Finance

Siemens, Samsung, and Black & Veatch scoop up work on US deepwater LNG export project

Delfin Midstream has tasked three players – Siemens Energy, Samsung Heavy Industries (SHI), and Black & Veatch – with handling assignments on its American LNG project, which is under development in Louisiana and offshore in the U.S. Gulf.

about 1 year ago
Eltronic FuelTech establishes Chinese subsidiary to deepen market focus and drive regional growth
Business Developments & Projects

Eltronic FuelTech establishes Chinese subsidiary to deepen market focus and drive regional growth

Eltronic FuelTech has established a subsidiary in China – Eltronic FuelTech (Shanghai), and launched a dedicated Chinese website, as part of its strategic growth journey.

about 1 year ago
Seismic vessel Ramform Vanguard
Business & Finance

TGS gets offshore wind site characterization job in Norway

TGS has won a contract for offshore wind site characterization, including acquisition, imaging, and interpretation services offshore Norway. Ramform Vanguard will start acquisition in early July, with a duration of approximately 25 days. The imaging and interpretation work will begin concurrently wi

about 1 year ago
Thor rig; Source: Crystal Offshore via LinkedIn
Business & Finance

Borr Drilling’s rig quartet scores multimillion-dollar gigs across geographies

Borr Drilling, an offshore drilling player, has secured a batch of deals for four jack-up rigs in the Middle East, Southeast Asia, and North America.

about 1 year ago
MSC books new China-built LNG dual-fuel boxships in $1.2 billion deal
Business & Finance

MSC books new China-built LNG dual-fuel boxships in $1.2 billion deal

Swiss container shipping giant MSC is set to invest over $1.2 billion in fleet expansion with a new order for up to six LNG dual-fuel containerships at a Chinese shipyard.

about 1 year ago
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