Eco (Atlantic) Oil & Gas has completed the transaction with compatriot Africa Oil Corp. enabling the latter’s subsidiary to increase its stake in a block offshore South Africa.
Norwegian company Nel has decided to temporarily halt production at the alkaline electrolyzer production facility in Herøya, Norway.
Underwater solutions company SMD has teamed up with UK-headquartered tech player Beam to deploy AI-powered autonomous vehicles for offshore wind operations using Beam’s software. The collaboration aims to boost efficiency in offshore wind farm maintenance by combining advanced subsea technologies. A
As part of its commitment to building a ‘future-ready’ fleet, the UK-based shipowner and provider of marine engineering services James Fisher and Sons plc has placed an order for four LNG dual-fuel tankers at the China Merchants Jinling Shipyard (Yangzhou) Dingheng. As disclosed, the first steel cut
UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.
A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam.
Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption.
European Maritime Finance (EMF), together with Daehan Shipbuilding and Atlas Maritime, has celebrated the name-giving of its latest eco LR2 115,000 DWT tankers.
Danish shipping company Norden has decided to expand its fleet with two new fuel-efficient 17,500 dwt multipurpose (MPP) vessels.
The Port of New Orleans (Port NOLA) has been awarded a whopping $1,000,000 from the Environmental Protection Agency (EPA) set to go toward the development of its next-generation Louisiana International Terminal (LIT). As explained, the Louisiana International Terminal will be built in the census-des
The Hague-based Wave Energy Collective (Weco) has secured funding under the EKOO TSE Electricity 2024 program, backed by the Dutch Ministry of Climate and Green Growth’s Topsector Energiesubsidie initiative, to advance a renewables-driven offshore charging solution for autonomous vessels. According
A new investment shot that will be poured into Yinson Production has been secured with a consortium of international investment firms to pave the way for the Malaysian giant’s growth journey, with a smaller slice of the $1 billion equity financing pie earmarked for the controlling shareholder.
Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the first 16,000 TEU LNG dual-fuel containership ordered by Minsheng Financial Leasing (MSFL) on behalf of Swiss shipping giant Mediterranean Shipping Company (MSC).
French shipbuilder SOCARENAM and compatriot naval architecture and marine engineering firm MAURIC have secured a tender for the design and construction of an offshore patrol vessel (OPV) that will combine hybrid propulsion with wind assisted propulsion.
