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Illustration; Source: The North Sea Transition Authority (NSTA)
Authorities & Government

North Sea platform electrification ‘key’ to unlock emission cuts from oil & gas production, says NSTA

The NSTA has held a workshop on platform electrification with 11 major operators on the UK Continental Shelf and ten technology suppliers.

about 2 years ago
Allseas' Pioneering Spirit wraps up infield pipelay at biggest project in BP's portfolio
Business & Finance

Allseas’ Pioneering Spirit wraps up infield pipelay at biggest project in BP’s portfolio (Gallery)

Allseas has completed the infield pipelay scope for BP’s ultra-deepwater Greater Tortue Ahmeyim (GTA) LNG project offshore Mauritania and Senegal, two months after arriving at the field. The pipelay scope comprises approximately 75 kilometers of two 16-inch export lines and 10 kilometers of four 10-

about 2 years ago
CMA CGM
Infrastructure

LNG-powered CMA CGM Indianapolis makes maiden call to Bremerhaven

CMA CGM Indianapolis, the first new 7,000CEU LNG dual-fuel car carrier in CMA CGM’s fleet, has made its maiden call at BLG AutoTerminal Bremerhaven, Germany.

about 2 years ago
Boskalis and ROVOP join forces for subsea solutions
Business & Finance

Boskalis and ROVOP join forces for subsea solutions

ROV services supplier ROVOP and Boskalis Subsea Services, provider of IRM, construction and decommissioning services, have established a long-term global partnership to deliver integrated subsea solutions to the energy industry. According to ROVOP, the partnership provides five diving support vessel

about 2 years ago
Deepwater Atlas drillship; Source: Transocean
Business & Finance

Transocean ends 2023 on high note with ‘company-best’ uptime performance, says CEO

Transocean has secured a $3.2 billion boost in contract backlog during 2023, thanks to a series of new assignments for its rig fleet.

about 2 years ago
AIDA Cruises
Business Developments & Projects

Embracing sustainability: AIDA Cruises embarks on largest to-date fleet modernization program

German cruise line AIDA Cruises, part of Carnival Corporation, has launched AIDA Evolution, the largest fleet modernization program in the company’s history, to make its ships future-proof and more environmentally friendly.

about 2 years ago
Asyad Shipping and Glander team up on AI-based bunkering solutions
IT & Software

Asyad Shipping and Glander team up on AI-based bunkering solutions

Glander International Bunkering and Asyad Shipping have signed a multi-fold agreement to work on an AI-based propulsion system, a digitalized bunker procurement solution, and comprehensive bunker management.

about 2 years ago
The AUV being deployed for a deepwater trial.
Business Developments & Projects

UTEC’s AUV completes its deepest dives offshore Australia (Video)

UTEC, part of Acteon, has completed trials for its Gavia autonomous underwater vehicle (AUV) in Western Australia, following upgrades and the addition of new modules. The trials come as the AUV underwent significant upgrades and the addition of new modules including the subsea ultra-short baseline (

about 2 years ago
Horisont Energi finalizing corporate restructuring
Business & Finance

Horisont Energi finalizing corporate restructuring

Norwegian clean energy company Horisont Energi is about to wrap up corporate restructuring, transferring all rights and obligations related to clean ammonia, CO2 transportation and storage, and CO2 infrastructure into three separate and wholly-owned subsidiaries. The corporate restructuring was prop

about 2 years ago
Safe Concordia; Source: Prosafe
Business & Finance

Prosafe spots rise in tendering activity with more awards anticipated for 2025 and beyond

Oslo Stock Exchange-listed Prosafe has caught sight of increased activity in tenders covering work for 2025 and beyond.

about 2 years ago
EST-Floattech
Business & Finance

EST-Floattech to speed up electrification of shipping with new financial boost

Dutch energy storage systems provider EST-Floattech has received an investment of €4 million from Energy Transition Fund Rotterdam and existing shareholders to advance the electrification of the shipping industry.

about 2 years ago
Deal signed for creation of CCS value chain between Malaysia and Japan
Business & Finance

Deal signed for creation of CCS value chain between Malaysia and Japan

Two Japanese players have inked an agreement to pursue the creation of a carbon capture and storage (CCS) value chain between Malaysia and Japan. Tokyo-headquartered Mitsui & Co. and the Hiroshima-headquartered Chugoku Electric Power Co., Inc. concluded a memorandum of understanding (MoU) concerning

about 2 years ago
Tamar platform; Source: Chevron
Business & Finance

Chevron confirms routine maintenance work date for gas platform off Israel

Chevron has put the wheels into motion to undertake scheduled maintenance work at its gas production platform offshore Israel.

about 2 years ago
Armada to install air lubrication tech on CoolCo’s LNG carrier
Technology

Armada to install air lubrication tech on CoolCo’s LNG carrier

UK-based tech firm Armada Technologies has signed a contract with Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) to install an air lubrication system on a CoolCo’s vessel.

about 2 years ago
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