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VARD delivers PSV-turned-CLV to Canadian owner
Business & Finance

VARD hands over PSV-turned-CLV to Canadian owner

Norway’s VARD has delivered the cable-laying vessel (CLV) it had converted from a platform supplier (PSV) to I.T. International Telecom Marine (IT), a Canadian company active in the offshore oil & gas and energy sectors. The vessel was built at Vard Brattvaag and delivered to Volstad Maritime in 200

about 1 year ago
A vessel at berth
Business Developments & Projects

With new offshore decom roadmap in place, Australia steps up collaboration with UK

The United Kingdom and Australia have inked a partnership agreement to advance offshore oil and gas decommissioning expertise and capabilities in both countries.

about 1 year ago
Vertom’s seventh diesel-electric vessel launched at Dutch shipyard
Business Developments & Projects

Vertom’s seventh diesel-electric vessel launched at Dutch shipyard

Dutch Thecla Bodewes Shipyards has launched the seventh diesel-electric dry bulk vessel built for compatriot short-sea shipping company Vertom Group.

about 1 year ago
UK firm advances large-scale natural gas and hydrogen storage project
Business Developments & Projects

UK firm advances large-scale natural gas and hydrogen storage project

EnergyPathways has selected Wood as the lead engineering partner for the Marram Energy Storage Hub (MESH) project, a large-scale natural gas and green hydrogen storage facility in the UK Irish Sea.

about 1 year ago
Hamburg
Infrastructure

Port of Hamburg welcomes 1st hybrid police boat as it accelerates towards climate neutrality

Germany’s Port of Hamburg has received its first hybrid police boat which is expected to help the port achieve its goal of becoming climate-neutral by 2040.

about 1 year ago
Chinese company delivers submarine cable installation in the Balkans (Video)
Authorities & Government

Chinese firm delivers ‘historic’ submarine cable installation project in the Balkans (Video)

China’s ZTT Submarine Cable & System has delivered what it says is Croatia’s first submarine cable installation in over four decades, a project described as a historic and ESG-focused milestone as it aims to modernize the country’s energy system. For the Cortia Submarine Cable Project, ZTT delivered

about 1 year ago
Avance Gas
Vessels

Avance Gas hands over seventh VLGC to Singapore’s BW LPG

Norway’s shipping company Avance Gas has delivered the seventh of a series of twelve very large gas carriers (VLGC) to Singapore-based ship owner and operator BW LPG under the $1 billion deal signed in August 2024. As disclosed, the BW Pampero, which was built in 2015, was handed over on December 7.

about 1 year ago
NKT nearing finish line for its Swedish expansion project
Business & Finance

Swedish company wins $109M deal for next phase of NKT cable factory expansion

Sweden’s construction company Skanska has signed a SEK 1.2 billion (approximately $109 million) contract with Denmark-headquartered power cable manufacturer and installation firm NKT for the next stage of the cable factory expansion in Karlskrona, Sweden. According to Skanska, the agreement, booked

about 1 year ago
Hlaitan LNG carrier; Source: MOL
Business & Finance

Chinese shipyard hosts naming ceremony for another vessel in QatarEnergy’s LNG fleet expansion spree

Japan’s Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier, which is the third one to get its name at China’s shipyard Hudong-Zhonghua Shipbuilding since September 2024, as part of QatarEnergy’s historic LNG shipbuilding program.

about 1 year ago
Multiple people standing next to each other at a signing ceremony
Business Developments & Projects

ConocoPhillips and Shell among winners of oil & gas acreage offshore Malaysia

Malaysia’s state-owned energy giant Petronas has signed production sharing contracts (PSCs) with multiple partners for three discovered resource opportunities (DRO) clusters and one exploration block as part of the Malaysia Bid Round (MBR) 2024.

about 1 year ago
Latest addition completes GOGL’s 85,000 dwt eco-friendly Kamsarmax fleet
Business Developments & Projects

Latest addition completes GOGL’s 85,000 dwt eco-friendly Kamsarmax fleet

Golden Ocean Group (GOGL) has taken delivery of the final environmentally-friendly 85,000 dwt Kamsarmax bulk carrier from CSSC Tianjin Shipyard, a subsidiary of China’s Dalian Shipbuilding Industry Company (DSIC).

about 1 year ago
Wallenius Marine
Equipment

Wallenius Marine conducts design tests for ‘world’s first’ wind-powered PCTC

Wallenius Marine has conducted a series of tests to validate the design for wind-powered pure car and truck carrier (PCTC).

about 1 year ago
‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman
Business Developments & Projects

‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman

Collaboration between Belgium and Oman has been strengthened with a new memorandum of understanding (MoU) signed by the Belgian Hydrogen Council and Hydrom.

about 1 year ago
Noble Patriot semi-submersible rig; Source: Noble Corporation
Business & Finance

Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination

Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to break off the deal in Australia for one of the rig owner’s floaters.

about 1 year ago
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