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Chevron charters its first hybrid electric bunker tanker
Business Developments & Projects

Chevron charters its first hybrid electric bunker tanker

Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers.

about 2 years ago
French firm launches hybrid ROV made for USV applications
Business & Finance

French firm launches hybrid ROV made for USV applications

Paris-headquartered provider of smart remotely operated vehicle (ROV) assets and services Forssea Robotics has introduced its newborn ROV developed for uncrewed surface vessel (USV) integration and shallow water deployments. According to Forssea Robotics, the ARGOS-X ROV has been optimized for offsh

about 2 years ago
SFL takes delivery of fourth LNG dual-fuel car carrier
Business Developments & Projects

SFL takes delivery of fourth LNG dual-fuel car carrier

Bermuda-based ship owner and charterer SFL Corporation has welcomed the fourth LNG dual-fuel car carrier, Thor Highway, to its fleet.

about 2 years ago
Illustration; Source: Shell
Business & Finance

Shell hands out FEED work for Brazil-bound FPSO to MODEC

Shell has picked MODEC to provide the front-end engineering and design (FEED) services for an FPSO) destined to work off the coast of Brazil.

about 2 years ago
Salamanca FPS; Source: Audubon
Business & Finance

US firm offloads stakes in several deepwater Gulf of Mexico oil & gas assets

Beacon Offshore Energy has wrapped up the sale of its non-operated interests in multiple fields in the deepwater Gulf of Mexico region.

about 2 years ago
Shell approves Verdagy electrolyzers for future green hydrogen projects
Business Developments & Projects

Shell approves Verdagy electrolyzers for future green hydrogen projects

Shell technically approved electrolyzers developed by Verdagy, qualifying it as a supplier in Shell’s upcoming green hydrogen projects.

about 2 years ago
NYK
Business Developments & Projects

NYK, JMU: New method to evaluate ship performance in actual seas

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and compatriot shipbuilder Japan Marine United Corporation (JMU) have decided to establish an analysis and evaluation method to evaluate ship performance in actual sees before construction is completed.

about 2 years ago
Illustration; Source: QatarEnergy
Business & Finance

Mega LNG fleet expansion rises to 104 vessels after QatarEnergy strikes deal with four shipowners

The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.

about 2 years ago
Energy Emerger jack-up rig; Source: Northern Offshore
Business & Finance

Jack-up rig kicks off multi-well offshore drilling campaign in Oman

Masirah Oil, a subsidiary of Singapore’s Rex International, has embarked on a multi-well drilling program at a field off the coast of Oman.

about 2 years ago
Cable laying vessel (CLV) Orient Adventurer
Vessels

Newly converted CLV arrives in Taichung port ahead of work at Yunlin offshore wind farm

Orient Adventurer, formerly the construction and flex lay vessel Polar Onyx which has been converted into a cable-laying vessel (CLV), has arrived in Taiwan’s port of Taichung, from where it will soon sail out to the Yunlin offshore wind farm site. The vessel will carry out cable-laying work on the

about 2 years ago
UMAS
Market Outlooks

MEPC 81 questions wisdom of ‘wait and see’ approach, UMAS says

The recent meeting of the International Maritime Organization’s (IMO) Maritime Environment Protection Committee (MEPC) has increased the commercial risk for those who adopt a ‘wait and see’ approach, University Maritime Advisory Services (UMAS) said.

about 2 years ago
First survey done, second to go at gas field off Timor-Leste
Business Developments & Projects

First survey done, second to go at gas field off Timor-Leste

Baron Oil has completed a geophysical survey for the Chuditch-2 appraisal well off Timor-Leste and is preparing for the geotechnical survey.

about 2 years ago
Owner of largest fleet of Seaeye Falcon ROVs buys five new units
Business & Finance

Owner of largest fleet of Seaeye Falcon ROVs buys five new units

Aberdeen-based Underwater Contracting (UCO), owner of the largest fleet of Saab UK’s Seaeye Falcon remotely operated vehicles (ROVs), has purchased five new units for a total of 38 Falcon systems. UCO said it had expanded its fleet in response to major new multi-year contract wins across all sectors

about 2 years ago
HD Hyundai Mipo
Business Developments & Projects

HD Hyundai Mipo kick-starts production of ammonia-powered ships

South Korean shipbuilder HD Hyundai Mipo revealed it has developed an ammonia-powered ship using a number of domestic technologies.

about 2 years ago
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