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World-largest and industry's first dual-fuel fallpipe vessel joins DEME's fleet
Business & Finance

World-largest and industry’s first dual-fuel fallpipe vessel joins DEME’s fleet

DEME Group has launched what is said to be the world’s largest fallpipe vessel, set to be prepared for green methanol and the first dual-fuel fallpipe vessel in the industry. Princess of Belgium, Her Royal Highness Princess Astrid, officially named the new fallpipe vessel Yellowstone in Zeebrugge, B

about 2 years ago
DS Carolina drillship; Source: Ventura Offshore
Authorities & Government

25-year-old Brazilian offshore drilling player starts its new growth chapter

Brazil’s Ventura Offshore Holding is celebrating its first day of trading on the Euronext Growth stock exchange market in Oslo, Norway.

about 2 years ago
Shelf Drilling Tenacious jack-up rig; Source: Shelf Drilling
Business & Finance

Multimillion-dollar job taking Shelf Drilling jack-up rig to West Africa

Shelf Drilling has picked up a long-term drilling assignment for one of its jack-up rigs off the coast of West Africa.

about 2 years ago
Seatrium yard; Source: Seatrium
Business & Finance

BP entrusts Singapore player with early works on its newbuild Gulf of Mexico-bound floating production unit

BP has hired Seatrium to handle early engineering works for its newbuild FPU, which will be deployed at its deepwater project in the U.S. Gulf of Mexico.

about 2 years ago
EU and Japan step up hydrogen cooperation
Business Developments & Projects

EU and Japan step up hydrogen cooperation

Clean Hydrogen Partnership signed a cooperation agreement with Japan’s New Energy and Industrial Technology Development Organization (NEDO).

about 2 years ago
LR
Business Developments & Projects

LR, GSI partner up on ‘world’s largest’ ammonia carrier

UK class society Lloyd’s Register (LR) and Chinese shipbuilder Guangzhou Shipyard International (GSI) have signed a joint development project (JDP) for the design of the world’s largest very large ammonia carrier (VLAC) with a carrying capacity of 100,000 cbm.

about 2 years ago
The UK Marine Energy Council (MEC)'s five key asks
Authorities & Government

UK Marine Energy Council sets five key asks for upcoming UK government

The UK Marine Energy Council (MEC) has outlined five key asks for the upcoming Government to realize the potential of wave and tidal energy, and embed UK content into projects deployed domestically and internationally.

about 2 years ago
With first vessel in its arsenal, new subsea services company ready to roll
Business & Finance

With first vessel in its arsenal, new subsea services company ready to roll

FreeStar Subsea Services, a new company in the market set up by the merger of Dutch companies Vriezoo ROV Services and Mark Offshore, has acquired its first vessel, marking the start of operations. Managing Director of Vriezoo ROV Services Willem de Vries and Managing Director of Mark Offshore Mark

about 2 years ago
BP’s FPSO Tortue; Courtesy of BP
Business & Finance

BP hits new milestone at biggest gas project in its portfolio with FPSO arrival

BP has welcomed an FPSO, which came from China to its final destination off the coasts of Mauritania and Senegal.

about 2 years ago
Hagland Shipping orders methanol-ready bulker quartet
Vessels

Hagland Shipping orders methanol-ready bulker quartet

Norwegian shipping company Hagland Shipping has signed a contract with Dutch shipyard Royal Bodewes for the construction of four methanol-ready self-discharging bulk carriers.

about 2 years ago
DNV and Artemis Technologies to collaborate on electric foiling ferries
Business Developments & Projects

DNV and Artemis Technologies to collaborate on electric foiling ferries

DNV and Artemis Technologies have signed a memorandum of understanding (MoU) on the development, certification and operation of 100% electric foiling vessels.

about 2 years ago
Following contract with Petrobras, DOF makes another multi-million-dollar win
Business & Finance

Following contract with Petrobras, DOF makes another multi-million-dollar win

Shortly after securing a contract with Brazilian oil and gas giant Petrobras, Norwegian vessel owner DOF Group announced a new award with a compatriot energy major for a duration of up to three years. Under the contract defined as “very large”, meaning it is valued between $100 million and $200 mill

about 2 years ago
Cemre Shipyard E-methanol SOV
Infrastructure

‘World’s first’ e-methanol-powered SOV hits the water

The “world’s first” e-methanol-fueled service operation vessel (SOV) was launched at Cemre Shipyard in Türkiye on June 1, 2024. In April 2022, Esvagt and Ørsted decided to invest in what the companies described as the world’s first SOV that can operate on green fuels. A month later, Cemre Shipyard r

about 2 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Business & Finance

Transocean rigs score trifecta with Woodside, Wintershall Dea, and Equinor

Transocean has pulled off a hat trick with a batch of multimillion-dollar contract extensions for its rigs.

about 2 years ago
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