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French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks
Business & Finance

French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks

UK-based Exail has secured a contract with French maritime services provider Bourbon to deliver technology for multiple multi-purpose support vessels (MPSVs) that is expected to enhance the vessels’ efficiency in installation, maintenance and repair tasks for the oil & gas and offshore wind industri

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business & Finance

Norwegian player finds work on third Odfjell Drilling rig

Soiltech has secured another contract with Odfjell Drilling for the provision of its services to the UK player’s third semi-submersible rig.

about 2 years ago
Sintana Energy
Business & Finance

Canadian oil & gas firm widens its footprint in Namibia’s prolific Orange Basin

Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Business & Finance

Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
Peninsula’s chemical tanker to supply biofuel in Port of Barcelona
Ports & Logistics

Peninsula’s chemical tanker to supply biofuel in Port of Barcelona

Marine fuel supplier Peninsula has added an IMO II chemical tanker to supply biofuel in the Port of Barcelona.

about 2 years ago
UK and Germany strengthen hydrogen ties
Authorities & Government

UK and Germany strengthen hydrogen ties

UK’s PM Rishi Sunak and German Chancellor Olaf Scholz have agreed on a feasibility study for hydrogen exports from the UK to Germany.

about 2 years ago
FSO Palanca; Source Stapem Offshore
Business & Finance

Seal of approval for UK oil & gas firm to expand its stake in Angolan offshore blocks

Afentra plc has received the Angolan government’s blessing for its acquisition of additional interest in two blocks off the coast of Angola.

about 2 years ago
TEN-T
Carbon Capture Usage & Storage

European Parliament okays revised TEN-T to accelerate industrial decarbonization

The European Parliament has taken a significant step towards incentivizing a robust CO2 transport infrastructure as it approved the regulation on the Trans-European Transport Network (TEN-T).

about 2 years ago
Nkossa oil field off the coast of Congo; Credit: TotalEnergies
Business & Finance

UK firm steps into Congo’s oil & gas offshore arena through deals with Chevron and TotalEnergies

Trident Energy has expanded its footprint on Africa’s oil and gas scene by inking strategic agreements with Chevron and TotalEnergies.

about 2 years ago
Everfuel’s HySynergy start-up postponed for second half of 2024
Business Developments & Projects

Everfuel’s HySynergy start-up postponed for second half of 2024

Everfuel has announced a delay in the commissioning of HySynergy 1, its 20 MW green hydrogen production plant in Fredericia, Denmark.

about 2 years ago
Congo FLNG; Source: Eni
Business & Finance

Sharp fall in gas prices brings Eni slump in profit

With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.

about 2 years ago
Grimaldi
Infrastructure

Grimaldi takes delivery of fourth eco-friendly multipurpose RoRo

Italian shipping company Grimaldi has taken delivery of Great Abidjan, the fourth ship in a series of six multipurpose roll-on/roll-off (RoRo) units belonging to the new G5 class.

about 2 years ago
Illustration; Source: Peru LNG
Business & Finance

New partner joins South America’s inaugural LNG export facility

EIG-managed LNG company MidOcean Energy has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG).

about 2 years ago
AtoB@C Shipping
Business Developments & Projects

AtoB@C Shipping welcomes first plug-in hybrid newbuild in Sweden, unveils names of remaining units

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, said that its first plug-in hybrid newbuilding Electramar reached the Baltic Sea, marking the end of a long voyage from India around the Cape of Good Hope to Europe.

about 2 years ago
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