Plans have been set to put the required funding in place to take a final investment decision (FID) on a subsea interconnector project between the UK and Iceland.
TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integ
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
Swedish-Swiss equipment provider ABB and Swedish ship design and management company Wallenius Marine have joined forces with Danish tanker operator Terntank to monitor the Carbon Intensity Indicator (CII) performance aboard six tankers owned by Terntank. As reported, the trial aims to ‘lower emissio
While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc
Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.
Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company Atlas Maritime, has confirmed the order of three LPG/ammonia carriers at South Korean shipyard HD Hyundai Heavy Industries (HHI). HD HHI’s parent co
TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.
Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has received a progress payment of €251,100 under the EuropeWave Phase 3 contract. The EuropeWave contract is part of the ACHIEVE Program, facilitating the first deployment of CETO in Europe. This contractu
Dutch logistics company Samskip has been formally approved by the European Union as partner in the HyEkoTank project.
DOF has secured additional job opportunities in the Asia Pacific (APAC) region for one of its purpose-built dive support vessels (DSVs) equipped to come to grips with subsea infrastructure challenges and deepwater systems.
Chinese majors COSCO SHIPPING Heavy Industry and COSCO SHIPPING Container Lines have signed a contract for the construction of twelve 14,000 TEU containerships with dual-fuel methanol propulsion.
Spanish marine fuel supplier Cepsa has started delivering second-generation biofuels to the cruise industry at the Port of Barcelona. Norwegian Escape, a cruise ship, operated by Norwegian Cruise Line Holdings (NCLH), received the first supply in late July. According to Cepsa, the supplied fuel, pro
The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inking front-end engineering design (FEED) contracts
