AGR has disclosed a list of improvement features that will be added to a ship originally built as a platform supply vessel (PSV), which is said to have emerged as a solution to a major energy industry bottleneck – the scarcity of special-purpose ships, with refurbishment work allowing it to sign up
Saipem has won another such deal for work at an oil and gas field off the coast of Saudi Arabia, which the country’s energy giant Aramco operates.
SBM Offshore has tucked a new milestone under its belt with the completion of a floating production, storage, and offloading (FPSO) vessel’s final module lifts at Seatrium’s yard in Singapore. This FPSO will work on ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.
Four transmission system operators (TSOs) have pooled resources to create a joint venture (JV) company that will bring a subsea cable link between Azerbaijan, Romania, Georgia, and Hungary to life for a price tag of €3.5 billion, sending renewable electricity from the South Caucasus region straight
The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.
RWE Supply & Trading has signed a memorandum of understanding (MoU) with AM Green Ammonia (AMG), a subsidiary of AM Green Group, for the long-term supply of green ammonia.
Classification society Korean Register (KR) has awarded approval in principle (AiP) to South Korean shipbuilder Samsung Heavy Industries (SHI) for its ammonia-fueled 9,300 TEU containership design.
Ocean Installer, part of the Moreld Group, has moved to the final stage of its subsea scope for a giant new floating production, storage, and offloading (FPSO) vessel, which is slated to start its three-decade job next quarter at a large oil project in the Barents Sea off the coast of Norway.
Wärtsilä and Chevron are teaming up on converting one engine on six of Chevron Transport Corporation’s liquefied natural gas (LNG) carriers in a bid to reduce their methane emissions.
With revenue recognition on the horizon, Ocean Power Technologies (OPT), a U.S.-based marine energy firm, has completed preparations to ship the AI-capable Merrows PowerBouy (PB) to a customer in the Middle East. With the shipment of the PB, OPT will advance to the next phase of revenue recognition
Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to guide the design of the offshore wind project. According to TGS, the survey began in October 2023 and
Danish shipping heavyweight A.P. Moller–Maersk has taken a significant step towards supporting the development of methanol bunkering in Japan by co-hosting Japan’s first methanol bunkering simulation at the Port of Yokohama.
Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.
Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow
