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Depsea Yantai rig; Source: Odfjell Drilling
Authorities & Government

Double whammy for Vår Energi in North Sea as both wells come up dry

Vår Energi has drilled two wildcat wells in the North Sea, using one of Odfjell Drilling-managed semi-submersible rigs.

about 2 years ago
Chesapeake, Delfin and Gunvor ink long-term LNG liquefaction offtake deal
Business & Finance

Chesapeake, Delfin and Gunvor ink long-term LNG liquefaction offtake deal

Chesapeake Energy Corporation, Delfin LNG, a subsidiary of Delfin Midstream, and Gunvor Group, through Gunvor Singapore, have entered into a liquefied natural gas (LNG) export deal that includes executed sales and purchase agreements (SPA) for long-term liquefaction offtake. Under the SPA, Chesapeak

about 2 years ago
FPSO Léopold Sédar Senghor; Courtesy of Woodside
Business & Finance

FPSO arrival brings Woodside closer to first oil from Senegal’s first offshore development

As the FPSO destined for Senegal’s first offshore oil development arrives in the African country, Woodside is closing in on the first oil from the project.

about 2 years ago
Two out of six platforms hit the water for Dutch offshore solar pilot
Business & Finance

Two out of six platforms hit the water for Dutch offshore solar pilot

Dutch-Norwegian company SolarDuck has launched the first two platforms for the Merganser offshore floating solar demonstration project into the water at TMA Logistics in Amsterdam, Netherlands. The Merganser offshore floating solar demonstrator plant will have an installed capacity of 520 kWp and wi

about 2 years ago
HAV Hydrogen secures fresh funding for H2 energy system for ships
Business & Finance

HAV Hydrogen secures fresh funding for H2 energy system for ships

HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete de

about 2 years ago
methanol
Business Developments & Projects

23 methanol-powered ships ordered since the start of 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the

about 2 years ago
Star Bulk
Business Developments & Projects

Star Bulk adds three more ECO Kamsarmaxes

Athens-based dry bulk shipping firm Star Bulk Carriers has brought its newbuilding tally of ECO Kamsarmax to five after revealing that it has contracted Qingdao Shipyard Co. for three more 82,000 dwt newbuilding vessels. Namely, in November 2023 Star Bulk revealed it had ordered two high-specificati

about 2 years ago
Expro Group
Business & Finance

Expro acquires UK firm to expand well construction and intervention portfolio

Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said

about 2 years ago
Nordsol’s new plant getting closer to supplying bio-LNG to maritime sector
Business Developments & Projects

Nordsol’s new plant getting closer to supplying bio-LNG to maritime sector

FirstBio2Shipping, a bio-LNG project developed by Dutch companies Attero, Nordsol and Titan, is nearing production of the first bio-LNG to be supplied to the maritime sector. On February 13 Nordsol shared a social media update stating that good progress was made in the construction of the bio-LNG pl

about 2 years ago
EU should not rely on uncertain imports to meet hydrogen targets, study says
Market Outlooks

EU should not rely on uncertain imports to meet hydrogen targets, study says

According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evalua

about 2 years ago
MOPU TSeven Shirley; Source: T7 Global
Business & Finance

New MOPU en route to Asian offshore oil field

Valeura Energy has confirmed that a new mobile offshore production unit (MOPU) is on its way to the Gulf of Thailand.

about 2 years ago
Irish floating wind and wave energy test site seeking floating LiDAR services
Business & Finance

Irish floating wind and wave energy test site seeking floating LiDAR services

The Sustainable Energy Authority of Ireland (SEAI) has issued a call for tenders for a floating LiDAR and associated provision of data for the Atlantic Marine Energy Test Site (AMETS). The scope of work under the contract that will be awarded through the tender includes the installation, operation,

about 2 years ago
New contract to keep PGS busy through winter season
Business Developments & Projects

PGS lands offshore wind site survey deal

PGS has been awarded an offshore wind site characterization contract in Europe for an unnamed project. Mobilization is scheduled for early July and the contract has a total duration of approximately two months. The project will be acquired with PGS’ ultra-high-resolution 3D (UHR3D) streamer, providi

about 2 years ago
Boluda Towage
Business & Finance

Boluda Towage bolsters presence in Strait of Gibraltar with Resolve Salvage and Fire acquisition

Boluda Towage, a subsidiary of Spain’s Boluda Corporación Marítima, has expanded its global operations with the acquisition of Resolve Salvage and Fire, solidifying its position in the Strait of Gibraltar. The move aims to enhance services and intervention capabilities for both companies. The additi

about 2 years ago
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