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From Poland to Netherlands: Hull of N-Sea’s new cable layer launched (Gallery)
Business & Finance

From Poland to Netherlands: Hull of N-Sea’s new cable layer launched (Gallery)

Dutch shipbuilder and designer Neptune Marine has launched the hull of the dual-fuel cable installation and repair vessel destined for compatriot N-Sea Group. The hull of the 100-meter-long cable-laying vessel (CLV) Altera hit the water last weekend, starting its journey from the shipyard in Poland

about 5 months ago
FPSO Petrojarl I; Source: Tenerife Shipyards
Business & Finance

WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia

A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia.

about 5 months ago
Swedish tidal energy developer makes move into Iceland
Business & Finance

Swedish tidal energy developer makes move into Iceland

Swedish tidal energy developer Minesto has signed a memorandum of understanding (MoU) with Haf-Afl, an Iceland-based ocean energy site developer specializing in the identification, assessment and development of marine energy projects, to pursue entry into the Icelandic market. ”This is a textbook ex

about 5 months ago
Seatrium yard; Source: Seatrium
Business & Finance

Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard

With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.

about 5 months ago
South Korean 640 kV HVDC cable test center ready for business
Business & Finance

South Korean 640 kV HVDC cable test center ready for business

South Korean Taihan Cable & Solution has finalized the construction of a dedicated cable test center that enables simultaneous testing of two 640 kV-class HVDC cable circuits. The test center spans approximately 7,000 square meters and is located at the company’s Dangjin Cable Plant, enabling close

about 5 months ago
A jackup rig being transported on a vessel
Business & Finance

Drilling done: MOPU and FSO hook-up in motion at African oil field

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is approaching the finish line for the activities related to the hook-up of a mobile offshore production unit (MOPU) and a floating storage and offloading (F

about 5 months ago
Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’
Authorities & Government

Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’

Italian cabling giant Prysmian has been confirmed as the supplier of the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland and England. Prysmian has won a £2 billion (over €2.3 billion) contract with SP Energy Networks and Na

about 5 months ago
Eagle Explorer
Business & Finance

Cyprus-flagged vessel stays in Western Hemisphere for another three months

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its vessel Eagle Explorer in the Western Hemisphere. The company reported the new contract for Eagle Explorer in the Western Hemisphere in September 2025, with a firm dura

about 5 months ago
Noble Discoverer rig; Source: Noble
Business & Finance

Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions

With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand grow

about 5 months ago
Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval
Business & Finance

Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval

Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, has obtained ship classification certification for its hydrogen-fueled four-stroke high-speed engine. Yanmar Power Solutions reported on January 27 that it had become the first engine

about 5 months ago
FSU design for Karakal LNG import facility (for illustration purposes); Source: AG&P
Business & Finance

Asian duo shakes hands on setting up modular EPC and fabrication manufacturing shop in India

AG&P Industrial, a subsidiary of Singapore’s AG&P Group, has joined forces with Pragati Infra Solutions (PISL), an engineering, procurement, and construction (EPC) and infrastructure development company, to establish India’s first advanced modular EPC and fabrication manufacturing facility in Andhra

about 5 months ago
Maritime industry gets its first guidance notes for onboard hydrogen generation
Business & Finance

Maritime industry gets its first guidance notes for onboard hydrogen generation

Lloyd’s Register (LR) has published what it says is the maritime industry’s first dedicated guidance notes for onboard hydrogen generation, as a response to growing interest from shipowners, yards and technology developers in producing hydrogen onboard using alternative fuels such as LNG, methanol a

about 5 months ago
Designing the future of energy terminals: Where safety meets innovation
Business Developments & Projects

Designing the future of energy terminals: Where safety meets innovation

Written by Ron Heffron The maritime energy sector stands at a critical juncture as clean alternative fuels reshape terminal design requirements. Advanced engineering solutions for floating terminals and specialized mooring systems are enabling the safe handling of challenging cargoes like ammonia an

about 5 months ago
Bristow has been awarded a new long-term contract for two S-92 passenger transport helicopters and one S-92 search and rescue (SAR) helicopter based in Hammerfest; Source: Bristow Norway
Business & Finance

Norwegian oil & gas duo hands out multimillion-dollar helicopter gig to Bristow

Offshore aviation services provider Bristow Group has landed a multi-year assignment with Norway’s state-owned energy giant Equinor and its compatriot Vår Energi for helicopter transportation and search and rescue (SAR) services in support of operations on the Norwegian Continental Shelf (NCS).

about 5 months ago
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