IPTO has received the blessing of its board of directors for a partial divestment of a stake in its subsidiary which is developing a subsea interconnector cable between the island of Crete and the Greek mainland.
Classification society Indian Register of Shipping (IRS) has teamed up with Singapore-based maritime engineering and design company SeaTech Solutions to work on the design and classification of next-generation green tugs and harbor crafts. To bolster their partnership, IRS and SeaTech signed a memor
Hong Kong-based containership lessor Seaspan Corporation has ordered six environmentally friendly boxships at Chinese Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC).
Omega Subsea has strengthened offshore survey services to meet the rising demand, particularly in sectors like renewable energy, oil and gas, and other underwater infrastructure by pooling resources with EIVA.
The Global Centre for Maritime Decarbonization (GCMD) and Hanwha Ocean have signed a five-year strategic partnership to advance maritime decarbonization in the areas of alternative low-/zero carbon fuels, energy efficiency technologies, and onboard carbon capture.
UK-headquartered wireless subsea instrumentation developer Aquatec has joined forces with Norway-based Rental Partnership (RTS), enabling its subsea leak detection technology to be added to the Norwegian firm’s rental offering available to the offshore industry around the globe, including subsea con
Saipem has welcomed the lifting of restrictions on new contracts in Brazil, after being banned from striking deals with the country’s public administration earlier this year.
UK-based oil and gas exploration and production company Rockhopper Exploration has signed a share purchase agreement (SPA) with India’s Zodiac Energy to dispose of its two Italian assets and put in place an insurance policy as it awaits the resolution of a dispute with Italy over a third one. Additi
Dutch offshore transmission system operator (TSO) TenneT has opened an application period for a €3 million tender for surveys of cables installed in the Dutch sector of the North Sea. Work will start in 2025 and will be performed on the export cables at the Borssele and the Hollandse Kust offshore w
Island Drilling has wrapped up its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig.
Subsea7 has used tugs and soft mooring lines connected to a jacket for barge docking for the first time without the deployment of anchors on the seabed to complete installation works at an oil and gas project off the coast of Saudi Arabia.
UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a design evaluation conformity certificate from ClassNK, Japan’s certification bureau, for its new tidal turbine. Building on the success of the AR500 project, PMR is advancing the development of its AR1100 turbine, which is s
The UK-based oil and gas company Tower Resources has received an updated and more detailed offer for the farm-out process regarding its production-sharing contract (PSC) off the coast of Cameroon. However, the firm’s discussions with other interested players are still ongoing, thus, it expects to re
Norwegian shipping company Höegh Autoliners has welcomed the second multi-fuel Aurora-class pure car and truck carrier (PCTC), Höegh Borealis, to its fleet. Höegh Autoliners took delivery of the latest newbuild from China Merchants Heavy Industry (CMHI) on October 16, 2024, following the naming cere
