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Several man sitting behind a desk onstage signing contracts
Business Developments & Projects

Petrovietnam inks PSC for block offshore Vietnam

The state-owned Vietnam National Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for a block in Vietnam’s Cuu Long basin.

about 1 year ago
Scots submit marine cable license application for 'crucial component' of large investment program
Authorities & Government

Scots submit marine cable license application for ‘crucial component’ of large investment program

After two years of development, offshore surveys and public engagement, Scottish transmission system operator (TSO) SSEN Transmission has submitted a marine cable license application for the Spittal-Peterhead subsea link in Scotland. The 2 GW bi-pole, 525 kV high voltage direct current (HVDC) link w

about 1 year ago
Danish project set to measure sail-assisted emission reductions in shipping
Business Developments & Projects

Danish project set to measure sail-assisted emission reductions in shipping

Danish ship owner and operator Uni-Tankers has equipped its vessel Jutlandia Swan with VentoFoils wingsails to collect new real-life data that will provide insights into the effect of wind-assisted sails on commercial vessels.

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Business & Finance

Noble rig embarks on drilling gig at gas project in Philippines

A drillship, owned by Noble Corporation, a U.S.-based offshore drilling player, has started its drilling campaign at a field off the coast of the Philippines in Southeast Asia.

about 1 year ago
Fluxys and ENAP target hydrogen infrastructure opportunities in Chile’s Magallanes
Business Developments & Projects

Fluxys and ENAP target hydrogen infrastructure opportunities in Chile’s Magallanes

Fluxys Chile and ENAP have signed a memorandum of understanding (MoU) to deepen their strategic cooperation and jointly explore infrastructure opportunities for hydrogen and derivatives in Chile’s southernmost region, Magallanes.

about 1 year ago
bound4blue
Collaboration

LDA’s RoRo vessel scores ‘massive’ emission cuts using wind propulsion technology

Just over a year since the installation of three fixed suction sails developed by Spanish cleantech engineering company bound4blue, the Louis Dreyfus Armateurs (LDA)-owned roll-on/roll-off (RoRo) ship Ville de Bordeaux has ‘knocked it out of the park’, having accomplished a ‘tremendous’ reduction in

about 1 year ago
Emirati subsea company further bolsters fleet with two UK-made ROVs
Business & Finance

Emirati subsea company further bolsters fleet with two UK-made ROVs

Shortly following the addition of a new Saab remotely operated vehicle (ROV) to its fleet, the UAE-based CCC (Underwater Engineering) has contracted the UK’s Forum Energy Technologies (FET) for the delivery of two work-class ROVs. The FET Perry XLX-C 3,000-meter systems will be used for construction

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Strait of Hormuz’s LNG flow role faces uncertainty amid tensions

The U.S. Energy Information Administration (EIA) has reported that the Strait of Hormuz, the sea channel linking the Persian Gulf with the Gulf of Oman and the Arabian Sea, has facilitated the transport of one-fifth of global liquefied natural gas (LNG) exports.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Geotechnical survey coming up at Dogger Bank D offshore wind site

A short geotechnical survey is scheduled to begin at the Dogger Bank D offshore wind farm site in the UK this month. The offshore supply vessel (OSV) Connector will be deployed to carry out the work within the array area and the export cable route. The works will be performed in a single campaign, e

about 1 year ago
Maritime Partners enters ferry sector with SWITCH Maritime hydrogen deal
Business & Finance

Maritime Partners enters ferry sector with SWITCH Maritime hydrogen deal

Maritime Partners has closed a sale-leaseback refinancing of the hydrogen-powered passenger ferry Sea Change, developed by SWITCH Maritime, marking the company’s entry into the ferry sector.

about 1 year ago
FPSO Energean Power; Source: Energean
Business & Finance

Israel-Iran truce sends signal for Mediterranean gas story to continue with FPSO restart

As the Israel-Iran ceasefire seems to be holding its ground, the UK-based oil and gas player Energean has been given the go-ahead to restart production from a floating production, storage, and offloading (FPSO) vessel, which is working on a natural gas field off the coast of Israel, enabling the cou

about 1 year ago
Seafarer
Environment

Day of the Seafarer: The unseen struggles of workers on the frontline of change

Observed annually on June 25, the Day of the Seafarer brings the spotlight to those who keep global trade moving—quietly stitching the seams of the world’s economy from one port to the next—often under immense strain and with little recognition. This year’s campaign, “My Harassment-free ship”, led b

about 1 year ago
biofuels
Business Developments & Projects

Global organizations unite to step up maritime electrification game

Looking to accelerate the electrification of maritime transport, four associations have formed the Global Alliance for Maritime Electrification (GAME), with an initial focus on inland, nearshore, and commercial vessels.

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Norwegian player’s oil & gas search hits a dry patch

Aker BP has come up empty after drilling an exploration well in the Norwegian Sea off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
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