Yinson Production is only days away from securing a $1.17 billion bond issue for a floating, production, storage, and offloading (FPSO) unit, which is deployed at an oil field in the pre-salt Campos Basin off the coast of Brazil.
China-based GCL System Integration (GCLSI), a subsidiary of the GCL Group, has developed a new floating photovoltaic (PV) module designed for offshore solar applications. The NT10/60GT module was produced in collaboration with the Norwegian company Ocean Sun. The module is rated at 480 W and built t
Tree Energy Solutions (TES) and CPC Finland have established a joint company, Luoto Energia, that will develop a large-scale e-NG project at the Port of Rauma in Finland.
Two energy majors, the UK’s Shell and Norway’s Equinor, have revealed the name of their joint venture that is set to become the UK North Sea’s largest independent oil and gas producer.
As media speculation over a potential merger between two European oil majors, the UK-headquartered Shell and BP, has not died down yet, the former decided to address the rumors by denying the alleged business combination talks and move.
Australian green technology, energy, and metals company Fortescue has participated in the issuance of the “world’s first” digital fuel certification for an ammonia-to-ship transfer.
The Italy-based global power cable manufacturer Prysmian will supply subsea export cables for the HydroWing tidal energy array, led by UK-based Inyanga Marine Energy Group at the Morlais site off Anglesey, Wales. Scheduled for deployment in early 2026, the HydroWing array aims to deliver 20 MW of pr
Equinor has finished drilling a wildcat well in the North Sea with one of Odfjell Drilling’s semi-submersible rigs. The drilling activities did not result in a new oil and gas find off the coast of Norway.
As of today, June 26, the Hong Kong International Convention for the safe and environmentally sound recycling of ships (HKC) officially enters into force. It marks a long-awaited turning point in how the world dismantles and recycles end-of-life vessels. Over two decades in the making, the conventio
Stena Futura, the first methanol-ready NewMax hybrid ship built for Swedish ferry company Stena Line, has completed its sea trials in China.
Four workers have lost their lives in a fire at an oil tanker undergoing repair works at a shipyard in Indonesia.
Equinor and its partners have unveiled plans to pour more than NOK 21 billion ($2.09 billion) in a new subsea development, combining several discoveries in the northern part of the North Sea that will export oil and gas via an existing platform located off the coast of Norway.
Switzerland-based marine power company WinGD has been tapped to supply its X-DF-M dual-fuel methanol and methanol-ready X-engine designs for over 30 boxships to be constructed for a Taiwanese container shipping player. As disclosed, the methanol-ready X-92 engines are to be fitted onto vessels with
Bureau Veritas Marine & Offshore (BV) has classed TMS Tankers’ latest vessel LAMU – an eco-friendly 114,000 dwt product tanker – at COSCO Shipping Heavy Industry (Yangzhou) shipyard in China.
