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Vinssen
Authorities & Government

Vinssen clinches green light for South Korea’s ‘first’ hydrogen fuel cell-powered tug

South Korea-based Vinssen, a maritime decarbonization-oriented technology provider, has bagged approval in principle (AiP) from compatriot classification society Korean Register (KR) for the country’s ‘first’ tugboat using a hydrogen fuel cell propulsion system. According to Vinssen, which primarily

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Authorities & Government

$945 million sale deal for ‘high-quality’ assets on shaky ground as uncertainty abounds

Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business & Finance

WaveX seeks investment for next wave energy development phase

Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology. The company plans to deploy a large-scale steel prototype in southern Western Australia to demonstrate consistent and reliable electricity produc

about 1 year ago
An offshore platform at sunset
Business Developments & Projects

Woodside to supply Asia’s ‘largest’ consumer with LNG for 15 years

Australia’s energy giant Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International Limited, a gas distribution company owned by China Resources Holdings, to deliver liquefied natural gas (LNG) to China.

about 1 year ago
Prysmian brings 'first major contract' to Helix Robotics' subsea trencher
Business & Finance

Prysmian brings ‘first major contract’ to Helix Robotics’ subsea trencher

Helix Robotics Solutions, the robotics division of U.S.-headquartered offshore energy services provider Helix Energy Solutions Group, has secured a contract with Italian cable systems giant Prysmian for its T1400-2 trencher. The contract will see the trencher perform post-installation cable burial o

about 1 year ago
Caofeidian 6-4 oilfield comprehensive adjustment project; Source: CNOOC
Business & Finance

Two more projects online as Asian giant pursues ‘green and low-carbon’ oil & gas development

CNOOC has brought on stream two oilfield projects off the coast of China, with the help of so-called intelligent technologies, which are said to unlock the doors of low-emission hydrocarbon development.

about 1 year ago
Mozambique LNG
Authorities & Government

$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project

Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States

about 1 year ago
Kongsberg Maritime signs contract for the design of two multipurpose subsea vessels; Source: Kongsberg Maritime
Business & Finance

Methanol-ready subsea vessel pair with battery hybrid tech lands on Kongsberg’s worksheet

Kongsberg Maritime has won a new design and equipment assignment for two multipurpose subsea vessels envisioned to be methanol-ready dual-fuel ships, sporting battery hybrid technology, which are set to be built for multiple purposes and optimized for advanced offshore operations under rough conditi

about 1 year ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Authorities & Government

Partners stand firm in opposition to Guyana pulling the plug on offshore license

Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.

about 1 year ago
Australia’s Western Green Energy Hub project to undergo environmental assessment
Authorities & Government

Australia’s Western Green Energy Hub project to undergo environmental assessment

Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment.

about 1 year ago
Several people standing in line on a vessel with Greek flag flying above them
Business Developments & Projects

HD Hyundai-built LNG carrier reflagged to Greece

Greece’s Capital Gas Ship Management has completed the registration process of a liquefied natural gas (LNG) carrier to the Greek registry.

about 1 year ago
NCLH
Vessels

NCLH, Fincantieri roll out the red carpet for latest Prima-class cruise ship (Gallery)

Norwegian Cruise Line Holdings (NCLH) has taken delivery of Norwegian Aqua, the 20th ship to join its fleet and the first unit of the expanded Prima Plus Class series being constructed by Italy’s shipbuilding player Fincantieri. As disclosed, Norwegian Aqua was welcomed on March 13, 2025 at Fincanti

about 1 year ago
TDI-Brooks wraps up seismic survey for Shell offshore Nigeria
Business Developments & Projects

TDI-Brooks wraps up seismic survey for Shell offshore Nigeria

U.S.-headquartered TDI-Brooks has finalized its job with Shell Petroleum Development Company of Nigeria Limited (SPDC) which entailed series of 2D ultra high-resolution (2DUHR) seismic site survey and pipeline route assessment work offshore Nigeria. According to TDI-Brooks, the project, awarded by C

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

Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision

OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.

about 1 year ago
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