Serica Energy has completed all the steps required to close the acquisition of Tailwind, aside from one, which also needs to be checked off the list.
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte
French hydrogen producer Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. Lhyfe said the move will accelerate the commercial deployment and Finland-based projects of both entities. According to Lhyfe, the companies fi
Canada-headquartered upstream oil and gas company Valeura Energy is acquiring the remaining minority interest in its special purpose vehicle subsidiary company Valeura Energy Asia Pte. Ltd, which holds all of the company’s assets in Thailand. Through a share exchange agreement (SEA), Valeura will ac
Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
Sempra Infrastructure, a subsidiary of Sempra, has reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. On 20 March, Sempra revealed reaching the FID and closing its joint venture with an
Offshore drilling contractor Dolphin Drilling has disclosed that one of its semi-submersible rigs has started its drilling assignment in Nigeria.
With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.
Cochin Shipyard Limited (CSL), India’s top shipbuilder, has won a contract from Dutch logistics company Samskip for the design and construction of two zero-emission feeder container vessels. The project, which includes an option for two more vessels, represents one of the world’s first zero-emission
In a move to further reduce the environmental impact of their vessels, Finnish shipping company Langh Ship and Dutch multimodal operator Samskip have agreed to switch to biofuel operations. The companies said they switched to biofuel operations for the Langh Ship-owned 750 TEU container vessel Edith
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederia, for its ammonia-powered short-sea bulk vessel. Vi
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
