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Illustration; Source: Glenfarne Group
Business & Finance

Texas LNG’s offtake capacity nearing fully booked stage following latest deal

Texas LNG has inked a non-binding heads of agreement (HOA) for a long-term LNG free-on-board (FOB) sale and purchase agreement (SPA).

about 2 years ago
DeepOcean Nordseecluster A
Business & Finance

DeepOcean secures inter-array cable contract for RWE’s offshore wind project

Ocean services provider DeepOcean has been awarded a contract for RWE’s Nordseecluster A offshore wind project in Germany, covering trenching, transport, and installation of inter-array cables. RWE has recently made the final investment decision for its entire Nordseecluster, involving offshore wind

about 2 years ago
Viking Energy; Source: Eidesvik Offshore
Business & Finance

Eidesvik’s LNG-powered PSV extends its decades-long run with Norwegian major

Eidesvik Offshore has secured a five-year contract extension with Equinor for one of its platform supply vessels (PSVs).

about 2 years ago
FPSO Liza Unity; Source: SBM Offshore
Authorities & Government

Guyana’s dash for gas: ExxonMobil linking up with US firm to unlock untapped potential as govt pushes for speedy development

ExxonMobil is expected to work side by side with Fulcrum LNG as the Guyanese government continues to push the envelope to ensure gas development will become a top priority.

about 2 years ago
N-Sea buys 30-year-old company to expand its subsea offering
Business & Finance

N-Sea buys 30-year-old company to expand its subsea offering

As part of its ambition to expand its fleet and subsea activities, the Netherlands-headquartered subsea solutions provider N-Sea has concluded the full acquisition of compatriot company Geo Plus. Established in 1994 and based in Groningen, Geo Plus provides survey services and operates a fleet of fi

about 2 years ago
EU urged to require more ‘made in Europe’ standards for hydrogen sector
Authorities & Government

EU urged to require more ‘made in Europe’ standards for hydrogen sector

20 major electrolyzer manufacturers, including Nel Hydrogen, Siemens Energy and thyssenkrupp nucera, have signed a letter calling on the European Commission President nominee Ursula Von der Leyen to ensure a level playing field and require more “made in Europe” standards for the industry.

about 2 years ago
Red Funnel, Artemis Technologies team up on electric high-speed ferry
Vessels

Red Funnel, Artemis Technologies team up on electric high-speed ferry

UK-based technology company Artemis Technologies and compatriot ferry company Red Funnel have signed a partnership agreement to introduce Artemis electric high-speed ferry to Red Funnel’s Southampton to West Cowes route.

about 2 years ago
MSC
Business & Finance

MSC unveils further commitments to Port of Hamburg

Swiss Mediterranean Shipping Company (MSC), the world’s largest container shipping company, is continuing investments in the Port of Hamburg — one of the home ports for the company.

about 2 years ago
CorPower Ocean completing C4 inspection and upgrades
Business Developments & Projects

CorPower to redeploy its first commercial-scale WEC following on-land upgrades (Video)

After its first cycle of ocean commissioning, Swedish company CorPower Ocean’s first commercial-scale wave energy device, C4, is nearing completion of on-land inspection and upgrades.

about 2 years ago
DOF's fleet to grow to 65 vessels following purchase of Maersk Supply Service in $1.1B deal
Business & Finance

DOF’s fleet to grow to 65 following $1.1B purchase of Maersk Supply Service

Norwegian vessel owner DOF Group has entered into an agreement to acquire Maersk Supply Service (MSS), expanding its fleet with an additional 22 vessels. Through the newly incorporated subsidiary DOF Offshore Holding Denmark, DOF will on certain terms and conditions acquire all the shares in Maersk

about 2 years ago
Hugin A living quarter was safely moved out from the fabrication hall; Source: Aker BP
Business & Finance

WATCH: Giant North Sea platform beginning to take clear shape

Aker BP has welcomed the progress made in constructing its new platform, with pieces on track to start falling into place over the next few weeks to enable it to acquire a more distinct form.

about 2 years ago
Knud E. Hansen wins DNV AiP for type-C liquified CO2 tank design
Equipment

Knud E. Hansen wins DNV AiP for type-C liquified CO2 tank design

Danish naval architect company Knud E. Hansen has received approval in principle (AiP) from classification society DNV for the design of a type-C liquified CO2 tank.

about 2 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd launches new brand

German container shipping major Hapag-Lloyd has launched Hanseatic Global Terminals, a new brand to strengthen and expand its terminal business.

about 2 years ago
Illustration; Source: ADNOC L&S
Business & Finance

Shipbuilding giants rake in $2.5 billion from UAE player’s LNG fleet expansion rush

ADNOC L&S has gone on a spending spree to bolster its liquified natural gas (LNG) carriers’ arsenal with multiple newbuild vessels.

about 2 years ago
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