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Plug and Play
Collaboration

MPA, Plug and Play team up to boost maritime innovation in Singapore

Plug and Play, an innovation platform based in Silicon Valley, has partnered with the Maritime and Port Authority of Singapore (MPA) to accelerate innovation, digitalization, and decarbonization in the maritime sector.

about 1 year ago
An offshore rig
Business Developments & Projects

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.

about 1 year ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Authorities & Government

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl

about 1 year ago
LR approves ammonia dual-fuel system design for Trafigura’s newbuilds
Business Developments & Projects

LR approves ammonia dual-fuel system design for Trafigura’s newbuilds

The ammonia dual-fuel system designed for medium gas carriers (MGCs) being built for Trafigura has been approved by classification society Lloyd’s Register (LR).

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Business & Finance

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
Valaris DS-10 drillship; Source: Valaris
Business & Finance

Valaris picks up multimillion-dollar gig for warm stacked drillship

Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.

about 1 year ago
An offshore rig
Business Developments & Projects

Duo looking to drill exploration well offshore Bulgaria by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.

about 1 year ago
G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone
Business Developments & Projects

G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone

G-TEC has completed a seabed survey in the Doordewind Wind Farm Zone (DDWWFZ) under a contract the Belgian geophysical survey specialist signed with the Netherlands Enterprise Agency (RVO) in 2024. The offshore work was carried out by G-TEC’s survey vessels Mainport GEO and Karina. Through the surve

about 1 year ago
EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today
Business Developments & Projects

EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi

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

US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year

As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting

about 1 year ago
A large vessel at sea at sunset
Business Developments & Projects

Oil production starts at Equinor’s Norwegian field, ushering in ‘new era’ for Barents Sea

Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.

about 1 year ago
Gibraltar wave power plant (for illustration purposes); Source: Eco Wave Power
Business & Finance

Eco Wave Power adds Vistra Energy board member to its advisory board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board. According to Eco Wave Power, Ackermann, also a former Chief Risk Officer at Goldman Sachs Bank USA, brings experience in risk management, corporate governance, and clean energy tr

about 1 year ago
BW LPG
Business & Finance

BW LPG to offload two eco-friendly VLGCs to Indian JV

Singapore-based ship owner and operator BW LPG has signed a memorandum of agreement (MOA) to sell two very large gas carriers (VLGCs) acquired in the recent transaction with Norway’s Avance Gas at a price of around $75 million per unit. As disclosed, the two ships in question are the 226-meter-long

about 1 year ago
A map showing survey locations at Dogger Bank South Offshore Wind Farm
Business Developments & Projects

TGS to conduct geophysical survey at RWE’s Dogger Bank South offshore wind farm sites

TGS is scheduled to start geophysical survey work across the Dogger Bank South (DBS) offshore wind farm sites in the UK on March 27. According to a Notice to Mariners issued by the DBS project, the Norway-based energy data and intelligence company will be using the seismic vessel Ramform Vanguard, s

about 1 year ago
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