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Türkiye-built subsea vessel to get Nekkar crane
Business & Finance

Türkiye-built subsea vessel to get Nekkar crane

Nekkar’s subsidiary Techano Oceanlift has secured a contract with a Turkish shipyard worth approximately €6.5 million to deliver an offshore crane to a newbuild subsea IMR/survey vessel. Techano Oceanlift will supply a 150-tonne knuckle boom crane capable of performing subsea construction and topsid

about 2 years ago
Shipbreaking
Authorities & Government

45 yards included in the renewed EU list of ship recycling facilities

The European Commission adopted the 12th edition of the European List of ship recycling facilities featuring 45 yards. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list. These include Leyal Gemi Söküm Sanayi ve Ticaret Lt

about 2 years ago
Construction starts on Eastern Pacific Shipping’s new oil tanker in China
Vessels

Construction starts on Eastern Pacific Shipping’s new oil tanker in China

Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation, has held a steel-cutting ceremony for an oil product tanker owned by Singapore-based ship management company Eastern Pacific Shipping (EPS).

about 2 years ago
With acquisition of stakes in three blocks, Petrobras to resume exploratory ops in Africa
Business & Finance

With acquisition of stakes in three blocks, Petrobras to resume exploratory ops in Africa

Brazilian state-owned oil and gas giant Petrobras is set to acquire stakes in three exploratory blocks in São Tomé and Príncipe in Africa through a competitive process conducted by Shell. Petrobras reported on December 27 that its Board of Directors had approved the company’s operations in São Tomé

about 2 years ago
Petronet LNG to set up LNG terminal on east coast of India
Business & Finance

Petronet LNG to set up LNG terminal on east coast of India

Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu

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

QatarEnergy scores five-year crude supply deal with Shell

Qatar’s state-owned oil and gas company QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Commencing in January 2024, the deal encompasses the supply of up to 18 million barrels annually of Qatar Land and Qatar Ma

about 2 years ago
PosHydon project nearing first hydrogen production, Neptune Energy says
Business Developments & Projects

PosHydon project nearing first hydrogen production, Neptune Energy says

Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia

about 2 years ago
LNG
Authorities & Government

MSC containership attacked in Red Sea amid liners’ gradual return to strategic waters

MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted by naval missiles. The statement reiterated

about 2 years ago
UK oil & gas firm enters license off Equatorial Guinea in 'potentially transformational deal'
Business & Finance

UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’

UK-headquartered Europa Oil & Gas has entered into a license offshore Equatorial Guinea with the acquisition of an equity interest in Antler Global. Europa Oil & Gas has acquired a 42.9% equity interest in Antler Global which holds an 80% working interest in the recently acquired and highly prospect

about 2 years ago
Brazil
Authorities & Government

Brazil joins Clean Energy Marine Hubs Initiative

The government of Brazil has joined the Clean Energy Marine Hubs Initiative (CEM Hubs), an international public-private platform between energy, maritime, shipping and finance communities.

about 2 years ago
asso subsea fecamp
Business Developments & Projects

Prysmian completes inter-array cable system offshore France

Prysmian has commissioned the inter-array cable system for the Fécamp offshore wind farm located in the English Channel, some 24 kilometers off the French coast, in Normandy. The Fécamp offshore wind farm is comprised of 71 Siemens Gamesa SWT-7.0-154 wind turbines with a total capacity of nearly 500

about 2 years ago
eWolf
Business Developments & Projects

Crowley’s all-electric tug starts sea trials

Crowley’s eWolf, the first all-electric ship assist tug in the U.S., has commenced sea trials along the U.S. Gulf Coast, the company confirmed on social media. The ship is being built by Master Boat Builders’ (MBB) shipyard in Coden, Alabama, and is expected to be delivered in 2024. eWolf will suppo

about 2 years ago
Wintershall Dea and ORLEN swap interests offshore Norway
Business & Finance

Wintershall Dea and ORLEN swap interests offshore Norway

PGNiG Upstream Norway (PUN), part of the ORLEN Group, has signed an agreement with Wintershall Dea Norge for the swap of interests in upstream assets in Norway, a transaction that will increase PUN’s recoverable reserves of natural gas by more than 0.4 billion cubic meters. As part of the agreement,

about 2 years ago
Singapore hits three billion GT mark with arrival of ONE Olympus
Ports & Logistics

Singapore hits three billion GT mark with arrival of ONE Olympus

The Port of Singapore registered a record three billion gross tonnage (GT) in annual vessel arrival tonnage. The three billion GT mark was crossed with the arrival of 98,799 GT Singapore-flagged containership, ONE Olympus.

about 2 years ago
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