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N-Sea's fleet to expand with newbuild hybrid vessel in 2026
Business & Finance

N-Sea’s fleet to expand with newbuild hybrid vessel in 2026

The Netherlands-headquartered N-Sea is set to expand its fleet with a newbuild hybrid survey and remotely operated vehicle (ROV) support vessel scheduled for delivery in 2026. N-Sea has signed a long-term charter agreement with Mainport Shipping for the delivery of the vessel named Geo Master, which

about 1 year ago
InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)
Business & Finance

Sweden’s project gets €1.7M boost for wave energy converter technology

The INFINITY Project, coordinated by Sweden’s RISE Research Institute, has received €1.7 million in funding from the Clean Energy Transition Partnership (CETP) to advance lifetime-aware model predictive control (MPC) technology for wave energy converters (WEC). The three-year project, starting in De

about 1 year ago
Yinson GreenTech
Vessels

Yinson GreenTech’s all-electric cargo vessel receives Green Ship Award

Singapore-based green technology solutions provider Yinson GreenTech (YGT) has received the Green Ship Award for its all-electric cargo ship Hydromover.

about 1 year ago
Noble Venturer drillship; Source: Noble Corporation
Business & Finance

As oil flows from one well, another will follow suit shortly while Noble rig embarks on next job off Africa

Trident Energy has brought online its first infill well on Block G off the coast of Equatorial Guinea, drilled with a drillship owned by the U.S.-headquartered Noble Corporation.

about 1 year ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies’ massive North Sea project days away from gas production capacity at full throttle

TotalEnergies is drawing closer to its goal of increasing output at its natural gas redevelopment project in the Danish sector of the North Sea to its full technical capacity.

about 1 year ago
Wilson Sons
Vessels

Wilson Sons to renew fleet with three new eco-friendly tugboats

In an effort to renew its existing 80-vessel-strong fleet, Brazilian shipping company Wilson Sons is preparing to commence the construction of a new range of three “super powerful” tugboats fitted with eco-friendly technology. As informed, the new tugboats will be built at the company’s shipyard in

about 1 year ago
ship recycling
Regulation & Policy

VSM: ‘Excessive bureaucracy’ hurts sustainable ship recycling prospects in Germany

The Association for Shipbuilding and Marine Engineering (VSM)—the voice of the German maritime industry—has called on the government to review legal hurdles to (sustainable) ship recycling in Germany.

about 1 year ago
SD Waalo; Source: KOTUG
Business & Finance

BP picks KOTUG and African firm for work at its largest gas project

BP has hired two companies, Kotug and its Senegalese partner Maritalia, for the provision of marine services off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio.

about 1 year ago
N-Sea workers in their flourescent equipment
Business Developments & Projects

Netherlands-based subsea company wraps up nearshore cable repair in Irish Sea

Netherlands-headquartered subsea solutions provider N-Sea has completed a nearshore export cable repair in the Irish Sea after a fault in one of its client’s four subsea cables reduced transmission capacity between offshore and onshore substations. According to N-Sea, the company was awarded a contr

about 1 year ago
A large vessel at sea
Business Developments & Projects

OneSubsea completes pump installation at Brazil’s offshore field in anticipation of FPSO’s first oil

OneSubsea, a company majority-owned by SLB, has installed three pump stations at a field offshore Brazil operated by BRAVA Energia, an oil and gas player formed following the merger of Brazil’s 3R Petroleum and Enauta. The field’s floating, production, storage, and offloading (FPSO) unit is expected

about 1 year ago
DOF closes purchase of Maersk Supply Service, now employing 5,000 people
Business & Finance

DOF closes purchase of Maersk Supply Service, now employing over 5,000 people

Norwegian vessel owner DOF Group has completed the purchase of Maersk Supply Service (MSS), now having a workforce of more than 5,000 people and operating a fleet of 78 vessels of which 65 are owned. DOF announced on July 2 that it would through the newly incorporated subsidiary DOF Offshore Holding

about 1 year ago
Noble Don Taylor; Source: Noble
Authorities & Government

Noble rig trio drilling full steam ahead in search of more oil & gas for ExxonMobil offshore Guyana

ExxonMobil is going in hot pursuit of more hydrocarbons in the Stabroek block off the coast of Guyana thanks to ongoing drilling operations, which are being carried out with drillships owned by Noble Corporation.

about 1 year ago
Investment companies to collaborate on energy transition projects in Middle East
Business & Finance

Investment companies to collaborate on energy transition projects in Middle East

Saudi Arabia-based Hassana Investment Company and U.S.-based EIG have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East.

about 1 year ago
A large vessel at sea
Authorities & Government

Africa Oil secures regulatory approval for enlargement and offshore license extension in Nigeria

Canadian oil and gas company Africa Oil Corp. has received a set of clearances from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – one for the amalgamation of its wholly owned subsidiary Africa Oil Papa Corp. and BTG Pactual Holding, and another for the extension of a petroleum mini

about 1 year ago
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