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Halliburton secures work on Australian CCS project
Business & Finance

Halliburton secures work on Australian CCS project

U.S.-headquartered Halliburton has been awarded technical assessment work by Perth-headquartered InCapture and its joint venture partners for a carbon capture and storage (CCS) project offshore Australia, with the companies also having signed a collaboration agreement. The greenhouse gas assessment

about 1 year ago
Courtesy of Odfjell
Business Developments & Projects

First Odfjell tanker gets 4 suction sails as it readies to cross Atlantic

Norwegian shipping company Odfjell has completed the first installation of a wind-assisted propulsion system (WAPS) on one of its vessels, the 49,000 dwt chemical tanker Bow Olympus.

about 1 year ago
Samsung E&A acquires stake in Nel and signs collaboration agreement
Business & Finance

Samsung E&A acquires stake in Nel and signs collaboration agreement

Samsung E&A has acquired a 9.1% stake in Nel ASA for approximately $33 million and signed a strategic partnership agreement.

about 1 year ago
AYK Energy
Technology

AYK Energy secures deal with Turkish yard for ‘world’s first’ battery-methanol tug

Andorra-based marine battery manufacturer AYK Energy is set to manufacture and supply a battery system that would power the world’s ‘first-ever’ battery-electric methanol tug, currently under construction at Türkiye’s Uzmar shipyard. As disclosed, AYK Energy will outfit the tugboat—which will join D

about 1 year ago
An offshore platform and a vessel at sunset
Authorities & Government

State player buying all gas from Conrad’s field off Indonesia to meet rising domestic need

Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive for all the gas from a field situated in the West Natuna Sea, Indonesia, operated by natural gas-focused Conrad Asia Energy to be made available for the domestic market.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Shell’s North Sea gas discovery ‘commercially robust’ with FID on the cards for 2027

Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).

about 1 year ago
stainless steel
Business Developments & Projects

Chinese shipyards win orders for stainless steel chemical tankers

Three Chinese shipyards secured orders for several stainless steel chemical tankers last week, Greek shipbroking services provider Intermodal informed.

about 1 year ago
Techano Oceanlift cranes for two new construction support vessels
Business & Finance

Techano Oceanlift cranes for two new construction support vessels

Sefine Shipyard has contracted Techano Oceanlift, a subsidiary of Oslo-listed Nekkar, to deliver 150-tonne cranes for two newbuild construction support vessels (CSVs) ordered by Norwegian offshore energy vessel and service providers. One of the cranes is already in production for a CSV ordered joint

about 1 year ago
Cargo vessel crashed into MV Stena Immaculate oil tanker off the coast of the UK; Source: Greenpeace UK
Authorities & Government

With fire ‘greatly diminished,’ probe into oil tanker–cargo ship North Sea allision ongoing

A collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, north of England, put both vessels on fire, which has since been brought under control.

about 1 year ago
FLNG mooring job for Eni's Congo LNG project; Source: GEOCEAN
Business & Finance

Unshackling Africa’s gas reserves with offshore ops to slot in floating LNG unit

The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Authorities & Government

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

about 1 year ago
Illustration; Source: Westwood
Business & Finance

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

about 1 year ago
Rendering of an LNG terminal
Business Developments & Projects

Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world

Houston-headquartered energy player NextDecade Corporation has inked two deals with compatriot energy technology giant Baker Hughes, a framework agreement for work on the former’s liquefied natural gas (LNG) terminal under development in Texas and a contractual services agreement for maintenance wor

about 1 year ago
Metacon
Business Developments & Projects

Metacon, Pherousa: Ammonia cracking tech greenlit by DNV, ABS

Metacon, a Swedish manufacturer of energy systems, has, through its shareholding in Norwegian technology transfer company Pherousa, received two initial approvals in principle (AiP) for its ammonia cracking technology for use onboard ships.

about 1 year ago
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