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Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies
Business & Finance

Chinese player entrusted with flagship FLNG project unlocking ‘stranded’ offshore gas fields in Oceania

Wison New Energies has picked up a new assignment with Kumul Petroleum related to Papua New Guinea’s first floating liquefied natural gas (FLNG) unit, which is planned to be deployed to the Gulf of Papua in Oceania to assist the Pacific island country in commercializing its offshore gas fields.

about 1 year ago
Dalian
Collaboration

MSC welcomes new 16,000 TEU boxship fitted with ‘world’s largest’ type B LNG tank

China’s Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the first of a series of eight 16,000 TEU dual-fuel containerships to Switzerland’s shipping colossal Mediterranean Shipping Company (MSC). As informed, the Liberian-flagged boxshi

about 1 year ago
Offshore wind firm expands with 'highly complementary' subsea company
Business & Finance

Offshore wind firm expands with acquisition of ‘highly complementary’ subsea company

Offshore wind services company Venterra Group has acquired Oceanscan Holdings Limited, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market. Founded in 1989 and headquartered in Aberdeen with oversea

about 1 year ago
Steel cut for Regent Seven Seas Cruises’ new next-generation cruise ship
Green Marine

Steel cut for Regent Seven Seas Cruises’ new next-generation cruise ship

Fincantieri has held a steel-cutting ceremony for Seven Seas Prestige, the new ultra-luxury cruise ship of Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings (NCLH).

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business & Finance

Australian renewables firm secures AU$2.4M in govt funding for wave energy development

The Australian Government has awarded AU$2.4 million (around $1.6M) to renewable energy business WaveX to drive its wave energy technology, as a part of a broader AU$55 million fund aimed at driving innovation across key sectors in Australia. The funding was unveiled by Minister for Industry and Sci

about 1 year ago
Norve jack-up rig; Source: Borr Drilling
Business & Finance

More oil to flow offshore Gabon as Borr Drilling’s rig gears up for workover ops before spudding another prospect in 2025

BW Energy has brought online another well on its list at an oil field in the Dussafu license off the coast of Gabon, Africa.

about 1 year ago
After US offshore wind, 2000-built vessel wraps up geotechnical program off Türkiye
Business & Finance

After US offshore wind, 2000-built vessel wraps up geotechnical program off Türkiye

U.S.-headquartered TDI-Brooks has completed another geotechnical program offshore Türkiye, its fifth such investigation for Istanbul-headquartered DenAr Ocean Engineering Services. Research vessel Nautilus, formerly known as Nautical Geo, was sent to the Black Sea site, offshore Filyos, from the U.S

about 1 year ago
HD KSOE secures ABS’ blessing for methanol hybrid escort tug
Business Developments & Projects

HD KSOE secures ABS’ blessing for methanol hybrid escort tug

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), in collaboration with ship designer Robert Allan, has received approval in principle (AiP) from classification society ABS for an escort tug with methanol dual-fuel (DF) hybrid propulsion system. The AiP certific

about 1 year ago
A large vessel at sea
Business & Finance

Vitol inks LNG swap deal with China Gas

China Gas Hongda Energy Trading, a subsidiary of Chinese piped-gas operator China Gas, and energy and commodities company Vitol have signed a long-term liquefied natural gas (LNG) swap agreement.

about 1 year ago
‘World’s first’: Nuclear transport operator picks wing sail technology to install on its ships
Equipment

‘World’s first’: Nuclear transport operator picks wing sail technology to install on its ships

Nuclear Transport Solutions (NTS) has become “the first nuclear transport operator in the world” to install and trial revolutionary new sail technology on its specialist ships in a bid to reduce its carbon footprint.

about 1 year ago
Illustration; Source: CNOOC
Business & Finance

Chinese giant brings another oil development project online in South China Sea

China’s CNOOC has started production from an oilfield development project in the South China Sea ahead of schedule.

about 1 year ago
PSV design by MMC Ship & Design; Courtesy of Kongsberg Maritime
Business & Finance

Multimillion-dollar award puts Kongsberg in charge of equipping newbuild 10-vessel oil & gas fleet

Kongsberg Maritime has been tasked to provide a wide range of equipment for a new fleet of ten platform supply vessels (PSVs), which are being built by a Chinese shipbuilder for Greece’s vessel owner Capital Offshore Management Corp.

about 1 year ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Business Developments & Projects

ETIP Ocean’s report spotlights need to place ocean energy farms at the center of innovation

The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has highlighted the need to direct innovation efforts toward enabling ocean energy farms to achieve technological and industrial breakthroughs by 2030. According to Ocean Energy Europe (OEE), the newly-released ‘Strategic

about 1 year ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Initial drilling indications seen as ‘encouraging’ at Shell’s high-impact North Sea gas prospect

While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.

about 1 year ago
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