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Illustration; Source: Halliburton
Business & Finance

Halliburton and Oil States Industries bringing ‘innovative’ deepwater managed pressure drilling solutions to life

Halliburton has joined forces with Oil States Industries to provide operators with deepwater MPD equipment, control systems, and services.

about 2 years ago
MSC Cruises’ third LNG-powered ship hits construction milestone
Business Developments & Projects

MSC Cruises’ third LNG-powered ship hits construction milestone

MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has reached a new milestone in the construction of its third LNG-fueled cruise ship, MSC World America. MSC World America, which is currently being built by Chantiers de l’Atlantique, was fitted with LNG tanks, the cruise company sh

about 2 years ago
ONE Readiness
Business Developments & Projects

Shanghai Waigaoqiao outpaces yearly production goals with ONE Readiness delivery

In a double feat for Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation, the shipyard celebrated the delivery and naming of Seaspan Corporation’s two 7,000 TEU container ships. The first ship in the 7,000 TEU series, named ONE Readiness, was officially delivered a

about 2 years ago
AD Ports buys 10 vessels in $200 million deal
Business & Finance

AD Ports buys 10 vessels for $200 million

UAE-based AD Ports Group has acquired ten vessels for around $200 million, representing a circa 20% increase in offshore and subsea capacity for the company’s Middle East and Southeast Asia operations. The vessels, bought from offshore supply vessel owner and operator E-NAV, are said to make a well-

about 2 years ago
SCI, Wärtsilä to explore converting vessels to run on green methanol
Business Developments & Projects

SCI, Wärtsilä to explore converting vessels to run on green methanol

Finnish technology group Wärtsilä and Shipping Corporation of India (SCI) have signed a Memorandum of Understanding (MoU) to explore options for converting at least two SCI’s vessels to be capable of operating on green methanol.

about 2 years ago
Offshore Energies UK (OEUK)
Authorities & Government

As UK pledges more oil & gas licensing opportunities, calls emerge to supercharge renewables instead

Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.

about 2 years ago
Cargill joins global trade association for methanol industry
Business Developments & Projects

Cargill joins global trade association for methanol industry

Swiss freight-trading organization Cargill Ocean Transportation has become the newest member of the Methanol Institute, a global trade association for the methanol industry. Founded in 1956 in Geneva, Cargill Ocean Transportation charters around 650 vessels worldwide. According to Rakhi Rastogi, Shi

about 2 years ago
Icon of the Seas
Business Developments & Projects

World’s largest cruise ship aces final sea trials

Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise ship, has finished its final sea trials.

about 2 years ago
Svanehøj hits record in orders due to LNG-fueled newbuilds increase
Business & Finance

ITT set to acquire Danish pump specialist Svanehøj

Danish marine pump specialist Svanehøj Group revealed that it is being acquired by ITT Inc., a U.S.-based multi-industrial company, which is expanding its presence in the growing market for liquefied gas. Svanehøj specializes in the supply of marine fuel and cargo pumps, along with LNG/LPG tank gaug

about 2 years ago
Andritz orders 18 electrolyzers from HydrogenPro
Business & Finance

Andritz orders 18 electrolyzers from HydrogenPro

Technology company and an OEM for high-pressure alkaline electrolyzers HydrogenPro and technology group Andritz have signed a purchase contract for the delivery of 18 units of HydrogenPro’s 5.5 MW cell stacks with a total capacity of 100 MW. The firm purchase order follows a stock exchange notice da

about 2 years ago
Eni and Snam unveil Italy’s first carbon capture and storage project
Business & Finance

Eni and Snam unveil Italy’s first carbon capture and storage project

Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro

about 2 years ago
Sumire Leader
Business Developments & Projects

NYK, NTT Data partner on calculation of total GHG emissions

Japanese shipping company NYK Line has partnered with NTT Data Japan Corporation to establish a system to aggregate total greenhouse gas (GHG) emissions from NYK’s business.

about 2 years ago
Neste
Business Developments & Projects

Neste teams up with PTL Marine on renewable diesel supply across California

Finnish oil refining and marketing company Neste has partnered with Tennessee-based maritime transportation firm PTL Marine to supply renewable diesel to the marine sector across California.

about 2 years ago
Ugo Salerno
Business & Finance

RINA picks new CEO as it eyes stock market debut

Italian inspection, classification, and engineering consultancy firm RINA has appointed Carlo Luzzatto as the future CEO and General Director. He will assume the role of Ugo Salerno, who will continue to play an integral role in the running of the company, retaining his position as executive preside

about 2 years ago
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