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Subsea7 reveals Shell behind 'sizeable' Gulf of Mexico EPCI contract
Business & Finance

Subsea7 reveals Shell behind ‘sizeable’ Gulf of Mexico EPCI contract

Following the announcement of a “sizeable” contract award in mid-August with an unknown client, Luxembourg-domiciled Subsea7 has now revealed that the contract is for Shell’s waterflood project in the U.S. Gulf of Mexico. Subsea7 will provide engineering, procurement, construction, and offshore inst

about 1 year ago
HD KSOE
Project & Tenders

HD KSOE lands $185.4 million order for two LNG bunkering vessels, exceeding 2024 targets

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) revealed that it has obtained a KRW 247.9 billion ($185.4 million) order to construct two liquefied natural gas (LNG) bunkering vessels for an undisclosed, Europe-based shipping company. The vessels will be built

about 1 year ago
New report sheds light on hydrogen and wind-assisted propulsion
Green Marine

New report sheds light on hydrogen and wind-assisted propulsion

The ABS-led consortium has delivered a 360-degree analysis of hydrogen as a marine fuel and wind-assisted propulsion as the latest in a series of reports studying alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA).

about 1 year ago
Yinson GreenTech kicks off commercial trials for Singapore’s first fully electric cargo vessel
Business Developments & Projects

Yinson GreenTech kicks off commercial trials for Singapore’s first fully electric cargo vessel

MarinEV, marine electrification business of Singapore-based green technology solutions provider Yinson GreenTech (YGT), has opened commercial trials for Singapore’s first fully electric cargo vessel, the Hydromover, to industry leaders looking to reduce the carbon footprint from their business activ

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Authorities & Government

21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago
Image of Ocean Power Technologies PowerBuoy and WAM-V during sea trials.
Business Developments & Projects

Ocean Power Technologies finishes testing of next-gen buoy, prepares for deployment

U.S.-based marine energy firm Ocean Power Technologies (OPT) has completed more than four months of offshore testing of its next-generation PowerBuoy (PB) in the Atlantic Ocean, offshore New Jersey, and is preparing the system for deployment at the Naval Postgraduate School (NPS) in Monterey to enha

about 1 year ago
Northern Lights’ first LNG-fueled LCO2 carrier wraps up sea trials
Vessels

Northern Lights’ first LNG-fueled LCO2 carrier wraps up sea trials

The first LNG-powered, wind-assisted LCO2 carrier, being built for Northern Lights, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has completed its sea trials, China’s Dalian Shipbuilding said. Northern Lights has commissioned the development of a total of three dedicated

about 1 year ago
FPSO Espirito Santo; Source: MISC
Business & Finance

SBM Offshore taking over Brazilian FPSO while MISC grabs Malaysian one as stakes in two units change hands

SBM Offshore has made arrangements to exchange ownership interests related to two floating production, storage, and offloading (FPSO) vessels with Malaysia’s shipping giant MISC Berhad (MISC).

about 1 year ago
ABB's package to optimize performance of NKT’s new cable-laying vessel
Business & Finance

NKT hires ABB to optimize performance of newbuild cable-laying vessel

Danish power cable manufacturer and installation company NKT has awarded Swedish–Swiss automation company ABB with a contract to supply a power distribution system for its newbuild cable-laying vessel (CLV) that enables integration of multiple power sources and allows engines to run at variable spee

about 1 year ago
Partners to conduct engineering design work for Japanese CCS project
Business Developments & Projects

Partners to conduct engineering design work for Japanese CCS project

Tohoku Region West Coast CCS initiative, proposed by Itochu, Nippon Steel, Taiheiyo Cement, Mitsubishi Heavy Industries (MHI), Inpex, Taisei and Itochu Oil Exploration, has been selected by JOGMEC to conduct engineering design work for Japanese advanced CCS project.

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

Shelf Drilling jack-up duo’s new long-term gigs prompting rig moves to West Africa

UAE-headquartered offshore drilling contractor Shelf Drilling has won a new set of drilling assignments for two jack-up rigs in its fleet.

about 1 year ago
NYK names new dual-fuel LPG/ammonia carrier for Astomos
Business Developments & Projects

NYK names new dual-fuel LPG/ammonia carrier for Astomos

Japanese shipping major NYK Line has named the newbuild LPG dual-fuel very large gas carrier (VLGC) for charter with compatriot LPG trader and importer Astomos Energy. The LPG/ammonia carrier was named Liberty Pathfinder at a ceremony held on September 4 at the Sakaide Works (Kagawa Prefecture) of K

about 1 year ago
Navigare welcomes new LPG carrier for charter with Shell
Vessels

Navigare welcomes new LPG carrier for charter with Shell

Navigare Gaia, the second liquefied petroleum gas (LPG) carrier was delivered to Navigare Capital Partners, a Danish company investing in maritime assets.

about 1 year ago
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
Business & Finance

US player lands work on FPSO pair destined for Petrobras’ oil field duo

KBR has been hired on engineering contracts by Singapore’s Seatrium to develop topside facilities for two floating production storage and offloading (FPSO) units that are being designed for two pre-salt ultra-deepwater fields located in the prolific Santos Basin off the coast of Brazil.

about 1 year ago
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