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GMS Shamal (for illustration purposes); Source: Gulf Marine Services (GMS)
Business & Finance

GMS inks new deal amid stable vessel demand across markets

Gulf Marine Services (GMS) has signed the first of a two phase, multi-year, contract for one of its vessels in the Middle East.

about 2 years ago
GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Business & Finance

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
EURONAV
Business Developments & Projects

Euronav orders ammonia-ready vessels, as it offloads three VLCCs

Belgium-based shipping company Euronav has placed an order for one ammonia-ready tanker and two Newcastlemax bulk carriers at China’s Qingdao Beihai Shipyard.

about 2 years ago
ABB
Business Developments & Projects

ABB to install shore power for DEME vessels in Port of Vlissingen

Switzerland-based technology company ABB has secured a contract to deliver shoreside shore connection installations allowing DEME’s diverse fleet to avoid emissions when berthed in the port of Vlissingen, the Netherlands.

about 2 years ago
UK's 2 GW subsea electricity superhighway first to progress through Ofgem's fast-track process
Authorities & Government

2 GW subsea electricity superhighway first to progress through Ofgem’s fast-track process

UK energy market regulator Ofgem has selected a 2 GW high-voltage direct current (HVDC) subsea cable as the first project to proceed under the new fast-track process and to receive a provisional £2 billion funding package. Eastern Green Link 1 (EGL1) is being developed by National Grid Electricity T

about 2 years ago
Jean Paul Prates, Petrobras' CEO; Source: Petrobras
Business & Finance

Petrobras CEO paints oil & gas industry as ‘fundamental’ piece of energy transition puzzle

The CEO of Brazil’s Petrobras is adamant that oil and gas are an integral part of the energy transition engine.

about 2 years ago
RWE’s plans for green hydrogen production in Teesside gain ground
Business & Finance

RWE’s plans for green hydrogen production in Teesside gain ground

RWE is advancing plans for Teesside green hydrogen plant with the acquisition of a land option at Wilton International.

about 2 years ago
Stena Bulk pens partnership deal for IMOIIMAX tanker operations
Collaboration

Stena Bulk pens partnership deal for IMOIIMAX tanker operations

Swedish tanker shipping company Stena Bulk has entered into a new partnership with “a prominent Gulf Co-operation Council investment institution” in the operation of an undisclosed number of Stena Bulk’s existing IMOIIMAX tankers.

about 2 years ago
GTT bags new LNGC and VLEC tank design order
Business Developments & Projects

GTT bags new LNGC and VLEC tank design order

GTT has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two LNGCs and a VLEC.

about 2 years ago
Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner
Business & Finance

SKF joins Ocean Energy Europe as lead partner

Swedish bearing and seal manufacturing company SKF has taken part in the Board of Ocean Energy Europe, a network of ocean energy professionals, as a Lead Partner. Michael Baumann, Global Application Account Manager Ocean Energy, will be representing SKF on the board. “OEE is the largest global ne

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

Multi-million trifecta brings more work to UK firm with BP, TotalEnergies, and Centrica

Asco has pulled off a hat trick of new contract extensions, worth over £20 million (nearly $25.6 million), with three energy players.

about 2 years ago
Panama
Market Outlooks

It’s time for the rise of Global South in maritime decarbonization

So far, maritime decarbonization has been focused almost solely on the Global North rather than the Global South. In order to enable a just and equitable energy transition, policy makers and other maritime stakeholders would need to ensure that countries in the Global South are not omitted. This cou

about 2 years ago
Glomar Wave
Business Developments & Projects

OEG wins East Anglia Three UXO contract

OEG Renewables’ subsidiary Hughes Subsea has been awarded a contract to carry out an unexploded ordnance (UXO) identification and clearance campaign on the 1.4 GW East Anglia Three offshore wind farm site in the UK. The campaign is expected to last six months, commencing in mid-March and continuing

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Business & Finance

ExxonMobil strikes oil offshore Guyana with Stena drillship

ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana, using a drillship owned by Stena Drilling.

about 2 years ago
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