Norway’s technology firm Kystdesign has signed a contract with the Royal Netherlands Institute for Sea Research (NIOZ) for the construction of an advanced remotely operated vehicle (ROV) that will serve the Dutch marine research community. According to Kystdesign, the Supporter 6000 ROV is designed
UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant.
ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been hired to support Saipem, an Italian engineering, drilling, and construction services giant, with the development of a natural gas project off the coast of Libya, North Africa.
Panama’s memorandum of understanding (MoU) with China under the Belt and Road Initiative (BRI), aimed at boosting trade and infrastructure cooperation, has been revoked as the former opted not to renew the agreement amid geopolitical tensions and US pressure. Following the official visit of the US S
Ascenz Marorka, a smart shipping arm of France’s GTT Group, has formed a commercial partnership with Greek company Piraeus Marine Services to strengthen its position in providing one-stop maritime decarbonization solutions for shipyards and shipping companies in Greece.
A global scrubber ban seems to be a long way off for the International Maritime Organization (IMO) following the twelfth session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 12) held in London from January 27 to 31, 2025.
Singapore-based Canopy Power and Norway’s Ocean Sun have formed a strategic partnership to deploy floating solar technology in Australia, aiming to accelerate renewable energy solutions while addressing land and water scarcity challenges. The collaboration introduces Ocean Sun’s patented circular me
Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas
Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S
Canadian shipowner Seaspan has hit a new milestone with the completion of the first ship-to-ship LNG bunkering in the Port of Vancouver in Canada.
Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight.
Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana.
With security in the Red Sea gradually improving, the Suez Canal is gearing up to handle global trade at full capacity, signaling the return of stability to this vital maritime corridor, the Suez Canal Authority (SCA) has revealed. Clearing skies, changing tides: The Suez Canal now The dark clouds a
TA’ZIZ awarded an engineering, procurement, and construction (EPC) contract worth $1.7 billion to Samsung E&A for UAE’s first methanol plant.
