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Santorini drillship; Source: Saipem
Business & Finance

Fresh oil & gas-condensate discovery comes to light in Namibia

Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appraisal (E&A) program in license PEL 83 off the coast of Namibia.

about 1 year ago
TenneT
Business & Finance

LS Cable & System, Jan De Nul, and Denys to supply cables for TenneT’s German grid connection project

A consortium comprising LS Cable & System, Jan De Nul, and Denys has received a letter of allocation (LOA) from German/Dutch transmission system operator (TSO) TenneT for the supply of high-voltage direct current (HVDC) cables for the BalWin5 grid connection project in Germany. Under the LOA, the co

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

Ukrainian player welcomes first US LNG cargo

Ukraine’s DTEK Group has taken delivery of its first liquefied natural gas (LNG) shipment from the United States which is expected to bolster the country’s energy security.

about 1 year ago
Noble Developer rig; Source: Noble
Business & Finance

Noble rig scores multi-well drilling gig offshore Suriname

Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-submersible rig, currently stationed in Trinidad and Tobago.

about 1 year ago
PSA Singapore
Infrastructure

PSA Singapore sets record container throughput

On 24 December, Singaporean port operator PSA Singapore (PSA) reached a significant milestone, having handled over 40 million TEUs in 2024.

about 1 year ago
FPSO Atlanta; Source: Brava Energia
Business & Finance

Hat trick for Brazil’s oil & gas firm with FPSO start-up clearance, production restart at another field and portfolio expansion

Brava Energia, former 3R Petroleum before the merger with Enauta, is having a busy holiday season, as green light comes in for the firm to put a floating production, storage, and offloading (FPSO) vessel into operation mode, production resumes at another asset, and the acquisition of interests in mu

about 1 year ago
new assessment tool
IT & Software

New assessment tool targets maritime industry’s ESG goals

The Integrated Transport Centre (Abu Dhabi Mobility), part of the Department of Municipalities and Transport, and Abu Dhabi Maritime, part of AD Ports Group, have unveiled a new tool that aims to support maritime sector stakeholders in achieving their environmental, social, and governance (ESG) goal

about 1 year ago
Investigation into damage of Finland-Estonia link finds dragging marks on seabed
Authorities & Government

Investigation into damage of Finland-Estonia link finds dragging marks on seabed

The investigation into the damage that occurred on Christmas day on the Eastlink 2 undersea cable between Finland and Estonia in the Baltic Sea has found a dragging track on the seabed that is dozens of kilometers long, the Finnish police reported. To remind, Finland’s transmission system operator (

about 1 year ago
HJSC wins LR’s nod for 88,000 cbm VLAC design
Business Developments & Projects

HJSC wins LR’s nod for 88,000 cbm VLAC design

South Korean HJ Shipbuilding & Construction (HJSC) has obtained approval in principle (AiP) from the classification society Lloyd’s Register (LR) for the design concept of an 88,000 cbm next-generation eco-friendly very large ammonia carrier (VLAC).

about 1 year ago
FPSO PTSC Lam Son; Source: Yinson
Business & Finance

FPSO gets at least 18 more months of work offshore Asia

A floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Vietnam, has secured further work in the Cuu Long Basin in Southeast Asia, where it has been operating for a decade.

about 1 year ago
Chinese shipyard starts building EXMAR’s new LPG dual-fuel gas carrier
Business Developments & Projects

Chinese shipyard starts building EXMAR’s new LPG dual-fuel gas carrier

Belgium-based shipping player EXMAR has revealed the beginning of the construction of its new midsize gas carrier with LPG dual-fuel engines.

about 1 year ago
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Business & Finance

Baker Hughes’ gas tech picked for ‘vital’ LNG development project in North America

Baker Hughes has won a liquefaction equipment order for a proposed liquefied natural gas (LNG) terminal in Louisiana, United States, ahead of the project’s final investment decision (FID), which is expected next year.

about 1 year ago
Subsea7 expands its scope for giant Black Sea gas project with IRM services
Business & Finance

Subsea7 expands its scope for giant Black Sea gas project with IRM services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for Türkiye’s largest natural gas field. The contract for the Sakarya gas field development in the Black Sea includes project management and engineer

about 1 year ago
FuelEU
Regulation & Policy

FuelEU implementation to be postponed in Norway and Iceland

The FuelEU Maritime regulation, set to enter force January 1, 2025, will face delays in its application to Norway and Iceland due to its postponed incorporation into the European Economic Area (EEA) Agreement, the UK-based classification society Lloyd’s Register (LR) revealed. The Norwegian Maritime

about 1 year ago
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