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Business & FinanceBusiness Developments & ProjectsExploration & ProductionGreen MarineOperations & MaintenanceOutlook & StrategyProject & TendersInfrastructureVesselsEquipmentEnvironmentResearch & DevelopmentTechnologyTransition
FPSO Fast4Ward design; Source: SBM Offshore
Business & Finance

SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape

TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.

about 1 year ago
CEVA launches new low-carbon ocean freight service
Business Developments & Projects

CEVA launches new low-carbon ocean freight service

CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight.

about 1 year ago
Offshore platforms
Business Developments & Projects

Jersey player in the running for acreage offshore Brunei

Jersey-based and London Stock Exchange-listed upstream oil and gas company Upland Resources is being considered for the award of acreage as part of the 2025 Brunei offshore licensing round organized by the Petroleum Authority of Brunei (PAB).

about 1 year ago
EPS names final 7,000 CEU dual-fuel car carrier in China
Business Developments & Projects

EPS names final 7,000 CEU dual-fuel car carrier in China

Singapore-based shipowner Eastern Pacific Shipping (EPS) has named its sixth 7,000 CEU dual-fuel pure car and truck carrier (PCTC) built by China Merchants Jinling Shipyard (Weihai).

about 1 year ago
JR Shipping
Infrastructure

Re-entering dry cargo market, JR Shipping orders two wind-ready, diesel-electric vessels

Dutch shipping company JR Shipping has ordered two diesel-electric 8,500 dwt ECO short sea dry cargo vessels at Chowgule Shipbuilding in India.

about 1 year ago
Akal-C platform; Source: Pemex
Business & Finance

Pemex patches up pipeline in the aftermath of oil spill offshore Mexico

Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.

about 1 year ago
Cavotec nets €8.1 million shore power order from mystery container shipping company
Business Developments & Projects

Cavotec nets €8.1 million shore power order from mystery container shipping company

Switzerland-based cleantech company Cavotec has signed an order valued at €8.1 million with an undisclosed global container shipping company to deliver complete shore power systems for newly built container vessels.

about 1 year ago
TGS nets shallow-water survey contract off Trinidad, wraps up Gulf Coast CO2 storage assessments
Business Developments & Projects

TGS wraps up basin seismic survey to improve imaging of volcanic region

Norway-based energy data and intelligence player TGS has completed the seismic survey in Norway’s Vøring Basin as part of a two-year campaign to advance exploration in the complex volcanic region on the mid-Norwegian continental margin. According to TGS, the survey covers approximately 8,000 square

about 1 year ago
FPSO Agogo; Source: Yinson Production
Business & Finance

Yinson Production’s FPSO with carbon reduction kit ticks pit stop off its list as voyage to Angola continues

Yinson Production has confirmed a brief stopover in Namibia, following which its floating production, storage, and offloading (FPSO) vessel, sporting carbon capture technology to decarbonize operations, is slated to reach Angolan waters in mid-May 2025.

about 1 year ago
Karpowership unit invests in green hydrogen solutions for maritime industry
Business & Finance

Karpowership unit invests in green hydrogen solutions for maritime industry

Kinetics, a new company launched by Turkiye’s Karpowership specializing in floating LNG assets and renewable energy, has made a strategic investment in Power to Hydrogen, a U.S.-based manufacturer of anion exchange membrane (AEM) electrolyzers, to support innovation and decarbonization in the energy

about 1 year ago
A large offshore platform
Business Developments & Projects

Prosafe emerges victorious in Petrobras’ $204 million vessel tender

The Oslo Stock Exchange-listed offshore accommodation provider Prosafe has been named the winner of a tender to supply a vessel to provide safety and maintenance support for operations by Brazilian state-owned oil and gas player Petrobras offshore Brazil.

about 1 year ago
Turku
Infrastructure

Another company opts for Turku-Stockholm green shipping corridor

In early May 2025, Finnish dairy products company Valio started using the green shipping corridor between Turku and Stockholm.

about 1 year ago
Royal Bodewes: Keel laid for Meriaura’s biofuel-powered cargo vessel
Business Developments & Projects

Royal Bodewes: Keel laid for Meriaura’s biofuel-powered cargo vessel

Dutch shipyard Royal Bodewes has held a keel laying ceremony for NB 832, Finnish shipping company Meriaura’s first biofuel-powered 6735 dwt cargo vessel.

about 1 year ago
An offshore platform
Business Developments & Projects

Brazilian firm ditching plans to sell Camamu Basin shallow water assets

Brazilian energy player Brava Energia has decided to end the negotiations related to the divestment process of onshore and shallow water assets in Brazil’s State of Bahia.

about 1 year ago
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