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Scarabeo 8 rig; Source: Saipem
Business & Finance

Saipem rig staying with Norwegian oil & gas firm until 2026-end

Saipem has secured more work with Aker BP, a Norwegian oil and gas player, for a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 1 year ago
Höegh LNG rebrands, expands focus on floating infrastructure for ammonia, hydrogen
Business Developments & Projects

Höegh LNG rebrands, expands focus on floating infrastructure for ammonia, hydrogen

Bermuda-based shipowner and operator Höegh LNG has changed its name to Höegh Evi to reflect the recent expansion of its focus beyond liquified natural gas (LNG) import terminals and encompass innovative and tangible clean energy solutions.

about 1 year ago
Grand block ceremony held for newbuild Nexans cable layer (Photos)
Business & Finance

Grand block ceremony held for newbuild Nexans cable layer (Photos)

Nexans and Ulstein have held the grand block ceremony for the new cable-laying vessel (CLV) Nexans Electra, bringing the vessel closer to realization. The ceremony was celebrated on September 10 at CRIST, Poland, with the remaining processes such as engineering, outfitting, system integration, equip

about 1 year ago
Five men standing onstage
Business Developments & Projects

Malaysia bent on transforming deepwater ops through innovation

Malaysia Petroleum Management (MPM), an affiliate of Malaysia’s state-owned energy giant Petronas, has hosted a three-day event to explore deepwater opportunities through innovative solutions.

about 1 year ago
South Stack © Visit Wales
Business Developments & Projects

Anglesey tidal energy project moves forward as environmental plan completes

Natural Resources Wales has completed the Environmental Monitoring and Mitigation Plan (EMMP) for the Marine Characterization Research Project (MCRP), led by Menter Môn. The EMMP, developed with input from environmental stakeholders and an advisory group, is part of the marine license for the Morlai

about 1 year ago
Anchor FPU; Source: Chevron
Authorities & Government

Gulf of Mexico’s oil & gas platforms getting check-up post-tropical cyclone while offshore facilities in China ride out super typhoon

Following bad weather, the offshore oil and gas facilities in the Gulf of Mexico are set to undergo inspection to determine if they are in a fit condition to return online while CNOOC has confirmed that its offshore facilities overall weathered the storm.

about 1 year ago
bunker vessel
Authorities & Government

UAE bans bunker supplier over illegal bunkering

In response to serious breaches of maritime regulations, the UAE Federal Maritime Administration (FMA) has banned a Dubai-based bunker supplier from operating within its waters and ports after an investigation revealed the supplier had engaged in unlawful bunkering practices. As disclosed, OCEANEXL

about 1 year ago
Wärtsilä, Royal Caribbean to spur sustainability goals through 37-ship support deal
Operations & Maintenance

Wärtsilä, Royal Caribbean to spur sustainability goals through 37-ship support deal

Finnish technology group Wärtsilä has signed a five-year lifecycle agreement with Royal Caribbean Group covering 37 of the company’s cruise ships.

about 1 year ago
C-Power CEO Reenst Lesemann and SLB OneSubsea CEO Mads Hjelmeland joined by colleagues from OneSubsea and Subsea7 at ONS in Stavanger, Norway, to celebrate a joint industry project to test a next-gene
Business & Finance

SLB, Subsea7 partner with C-Power to explore ocean energy solutions for subsea applications

SLB has inked a memorandum of understanding (MoU) with C-Power through its OneSubsea joint venture (JV) to, together with Subsea7, explore using ocean energy as a lower-cost, lower-carbon power source for subsea applications. SLB OneSubsea, the JV backed by SLB, Aker Solutions, and Subsea7, will pro

about 1 year ago
LH₂
Business Developments & Projects

HD KSOE’s 80,000 cbm electric LH₂ carrier gets DNV’s blessing

Classification society DNV has awarded an approval in principle (AiP) to South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its electric propulsion liquefied hydrogen (LH₂) carrier design concept that could enable 80,000 cubic meters of LH₂ storage and transport.

about 1 year ago
Breeze inks deal to design battery hybrid MPSVs for Greek shipowner
Vessels

Breeze inks deal to design battery hybrid MPSVs for Greek shipowner

Norwegian ship design company Breeze Ship Design has secured a contract for the design of two battery hybrid multipurpose offshore supply vessels (MPSVs) for Greek shipowner Capital Offshore Management.

about 1 year ago
Nexans to link Orkney Islands to UK mainland by 2027
Authorities & Government

Nexans to link Orkney Islands to UK mainland in 2027

Following the capacity reservation agreement signed in November 2023, French subsea power cables manufacturer Nexans has officially been awarded a contract by SSEN Transmission to connect the Orkney Islands and the UK mainland. The Orkney Transmission Link will exchange up to 220 MW of renewable ene

about 1 year ago
Shelf Drilling Tenacious jack-up rig; Source: Shelf Drilling
Business & Finance

Shelf Drilling’s triangular merger move consolidates its jack-up fleet and sorts out funding gap

Shelf Drilling (SHLF) has made a consolidation move, which is structured as a proposed triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS) as the surviving entity in the proposed merger, and SHLF as the issuer of the merger consideration shares.

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Business & Finance

Despite gas pays being present, drilling ops off Morocco ‘unsuccessful’ in fulfilling main objectives

Energean has finished drilling activities without reaching its exploration targets at an appraisal well on its gas field in the Lixus license located 40 km off the coast of Morocco in the Atlantic Ocean.

about 1 year ago
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