Norwegian shipowner Ocean Yield AS has agreed to acquire two 2022-built Suezmax tankers that will be chartered out under a sustainability-linked lease agreement.
Jadestone, which is in the process of wrapping up its infill drilling program offshore Malaysia, is contemplating another four-well campaign.
Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea.
Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough
ExxonMobil has paid around $1.26 billion to SBM Offshore for an FPSO, which is working off the coast of Guyana.
Our world stands at a crucial crossroads on the journey to reduce carbon emissions and adopt renewable energy sources. Shifting towards clean energy is not merely a choice but an imperative in the battle against climate change and the pursuit of a sustainable future. This transition is gaining momen
South Korean Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering (DSME), has held a steel-cutting ceremony for a new LNG carrier to be built for Norway-based gas shipping company BW LNG. The shipping company shared the update on its social media channels on November 10, 2023,
Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.
Japanese shipping company Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group.
The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.
Makai Ocean Engineering has signed an agreement with Shell Technology – Marine Renewable Program to further develop and test potentially transformative proprietary technologies that advance the engineering and economic viability of an offshore ocean thermal energy conversion (OTEC) system.
Palfinger has been hired to provide a comprehensive equipment package for Nexans Marine Operations’ new DP3 cable laying vessel (CLV).
Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa
Glenfarne Energy Transition has selected Baker Hughes to supply gas compression technology equipment for its Texas LNG export terminal to be constructed in the Port of Brownsville, Texas. The order for the gas technology equipment is part of the partnership between Glenfarne’s subsidiary Texas LNG a
