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Wagenborg orders sixth fuel-efficient EasyMax
Business Developments & Projects

Wagenborg orders sixth fuel-efficient EasyMax

Dutch shipowner Royal Wagenborg has ordered another 14,000 dwt energy-efficient EasyMax multipurpose vessel at a local shipyard.

about 1 year ago
An offshore rig and a vessel at sunset
Authorities & Government

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

about 1 year ago
‘First concrete results’ in sight for green hydrogen project in Atlantic area ports
Business Developments & Projects

‘First concrete results’ in sight for green hydrogen project in Atlantic area ports

Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort

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

Woodside enriches US liquefied natural gas arsenal with $900 million acquisition

Woodside has wrapped up the expansion of its liquefied natural gas (LNG) portfolio with the completion of the acquisition of Tellurian, a U.S.-based natural gas player.

about 1 year ago
Masdar allies with Norwegian companies on renewables and green hydrogen
Business & Finance

Masdar allies with Norwegian companies on renewables and green hydrogen

Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.

about 1 year ago
WaveRoller, a white and blue wave energy converter in the sea
Business Developments & Projects

International consortium launches wave energy pilot to conquer tech challenges for large-scale farms

The Ondas de Peniche (ONDEP) project has launched as a consortium of major players gathered in Brussels, Belgium, to kick off the wave energy pilot farm. This initiative, aimed at harnessing wave energy for scalable solutions across Europe, includes consortium members such as Queen’s University Bel

about 1 year ago
Shearwater's 2025 to-do list expands with deepwater gig for TotalEnergies
Business & Finance

Shearwater’s 2025 to-do list expands with deepwater gig for TotalEnergies

Norwegian marine geoscience and technology company Shearwater GeoServices is set to carry out an ocean bottom node (OBN) survey in Angola for French energy giant TotalEnergies at the beginning of 2025. The deepwater OBN survey will be performed by the dual ROV-equipped SW Tasman, the fit-for-purpose

about 1 year ago
Danish firm to supply methanol-based generator systems for Svitzer’s new tug
Equipment

Danish firm to supply methanol-based generator systems for Svitzer’s new tug

Danish company Nordhavn Power Solutions has been contracted to supply two methanol-based generator systems for a larger hybrid solution on Svitzer’s new tugboat.

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

McDermott offloading storage business arm for $475 million six years after merger

McDermott has set the sale of its storage business line in motion, with a newly inked agreement, following its marketing process which culminated in a winning offer from a consortium of financial investors, led by Mason Capital Management. The U.S. giant will use the cash from the divestment to sett

about 1 year ago
Alfa Laval set to supply first fuel systems for ammonia-fueled ships by end of 2025
Business Developments & Projects

Alfa Laval set to supply first fuel systems for ammonia-fueled ships by end of 2025

Having delivered two test systems for ammonia-fueled engines developed by Swiss engine designer WinGD, Swedish marine technology company Alfa Laval is gearing up to supply its first fuel systems for ammonia-fueled vessels by the end of 2025. Building on the partnership with WinGD established in late

about 1 year ago
People standing in front of a screen that says ASEAN energy sector Methane Leadership Program 2.0, Turning Capacity into Action
Business & Finance

Petronas inks gas supply deal and explores decarbonization avenues by extending regional methane reduction program

Malaysia’s state-owned energy firm Petronas has inked a gas sales agreement (GSA) for its subsidiary Malaysia Petroleum Management (MPM) to deliver gas to compatriot firm Sabah Electricity Sdn. Bhd. (SESB). The oil and gas giant has also teamed up with energy players from the Association of Southeas

about 1 year ago
Design of BP's Kaskida FPU; Source: Exmar Offshore
Business & Finance

BP books TechnipFMC on multimillion-dollar job at its first 20K tech oil project

BP has picked TechnipFMC for work at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.

about 1 year ago
New UK-Singapore partnership to boost green and digital shipping
Business Developments & Projects

New UK-Singapore partnership to boost green and digital shipping

UK’s Imperial College London and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at advancing innovations in zero-carbon shipping and achieving net-zero port emissions to support the decarbonization of the maritime sector.

about 1 year ago
Atlantic Zonda drillship; Source: Pelago Management
Business & Finance

Brazil-bound seven-gen drillship all set for inaugural drilling job with Petrobras (Gallery)

With upgrades and sea trials now out of the way, a newbuild ultra-deepwater drillship is ready to embark on a voyage to Brazil, where it will begin its maiden offshore drilling assignment with the South American country’s energy giant Petrobras. Once Eldorado Drilling, an offshore drilling player ba

about 1 year ago
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