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Map showing location of CGG’s new Trinidad & Tobago reimaging program
Business & Finance

Trinidad and Tobago hires CGG for multi-client reimaging program

Paris-based company CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to update 3D seismic data from deepwater blocks off the coast of Trinidad. CGG will deliver improved images of seismic data from deepwater blocks 25a, 25b, 26, and 27 in the east

about 2 years ago
Wilhelmshaven hydrogen initiative welcomes first North American partner
Business & Finance

Wilhelmshaven hydrogen initiative welcomes first North American partner

Canadian renewable energy company World Energy GH2 has joined Port of Wilhelmshaven’s ENERGY HUB, an initiative that aims to position Wilhelmshaven as the ‘Hydrogen Valley of Germany’, as the first North American member. On 26 January, World Energy GH2 announced it had officially become a member of

about 2 years ago
Navig8 takes delivery of first eco-friendly MR IMO 2 tanker from NTS
Vessels

Navig8 takes delivery of first eco-friendly MR IMO 2 tanker from NTS

Singaporean shipper Navig8 has taken delivery of the first of six eco-friendly newbuild MR IMO 2 vessels from New Times Shipbuilding (NTS).

about 2 years ago
The FPSO Agogo, which is currently under conversion, is targeted for deployment in 2025; Source: Yinson
Business & Finance

Norwegian player’s compressor system hand-picked for Yinson Production’s Angola-bound FPSO

TMC Compressors has been hired by Yinson Production to deliver a large-capacity marine compressed air system on board an FPSO destined for Angola.

about 2 years ago
ONE
Business Developments & Projects

ONE wins AiP for ammonia dual-fueled vessel, accelerating progress towards net zero

Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.

about 2 years ago
Solstad completes refinancing
Business & Finance

Solstad completes refinancing

Solstad Shipholding, part of Norway’s Solstad Offshore (SOFF), has completed refinancing which is expected to create a robust industrial platform going forward. The completed refinancing includes equity contributions to Solstad Maritime Holding (SMH) of NOK 4 billion (around $384.2 million) in total

about 2 years ago
Illustration; Source: Europa Oil & Gas
Authorities & Government

UK oil & gas firm gets more time for technical studies and partner search off Ireland

AIM-listed Europa Oil & Gas has got an extension for a license offshore Ireland from the Irish government’s DECC.

about 2 years ago
Excelerate Energy to purchase Qatari LNG for Bangladesh
Business & Finance

Excelerate Energy to purchase Qatari LNG for Bangladesh

Qatar’s LNG heavyweight QatarEnergy and U.S.-based LNG importer Excelerate Energy have signed a long-term agreement for the supply of LNG from Qatar to Bangladesh. This sale and purchase agreement (SPA) will see Excelerate buy up to 1 million tons per annum (mtpa) of LNG from QatarEnergy to be deliv

about 2 years ago
Purus Marine orders another dual-fuel ethane carrier from HD KSOE
Vessels

Purus Marine orders another dual-fuel ethane carrier from HD KSOE

UK-based shipping company Purus Marine has ordered an additional dual-fuel very large ethane carrier (VLEC) from South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE).

about 2 years ago
Lhyfe’s offshore hydrogen production pilot aces trials
Business Developments & Projects

Lhyfe’s offshore hydrogen production pilot aces trials

French hydrogen producer Lhyfe has shared operating results from its Sealhyfe project, also known as the world’s first offshore hydrogen production pilot which returned to dock in November 2023, confirming that the initial objectives were met. Lhyfe launched the Sealhyfe project, equipped with a 1 M

about 2 years ago
FPSO Sepetiba; Source: SBM Offshore
Business & Finance

Petrobras’ annual oil & gas production reaches new heights

Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic plan 2023-27 guidance.

about 2 years ago
Mariner platform; Credit: Jamie Baikie/Equinor
Business & Finance

Strike action at North Sea platform taken off the table as offshore drillers’ battle for work-life balance pays off

More than 100 offshore workers employed by Odfjell Technology have called off industrial action after securing improvements to working rotas.

about 2 years ago
GT Green Technologies wind propulsion
Business & Finance

Wind-assisted propulsion developers win big in latest CMDC funding round

Wind-assisted propulsion developers in the UK have secured major victories in the latest round of the Clean Maritime Demonstration Competition (CMDC), which has assigned £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK. Leading the charge is GT Gree

about 2 years ago
Maersk
Business Developments & Projects

Maersk names world’s 1st large methanol-powered containership

History was made at HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea as the world’s first large methanol-enabled container vessel was named. The 16,000 TEU containership was named Ane Maersk after Ane Mærsk Mc-Kinney Uggla, the Chair of the A.P. Moller Foundation and A.P. Moller Holding. A

about 2 years ago
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