Officials from two of the world’s busiest ports, the Port of Los Angeles and the Port of Gothenburg, Sweden, have signed a Memorandum of Understanding (MOU) to strengthen their cooperation in a range of areas including sustainability, digital and physical infrastructure, and potential trade opportun
Sungrow FPV, a Chinese-based provider of floating solar solutions, has secured a contract for the supply of floating systems for the largest floating solar project in Indonesia to date.
Nordic energy company Gasum is strengthening its presence in the ARA region by registering for business in the Netherlands through its Swedish entity Gasum AB. Gasum AB has been entered into the Dutch trade register in February this year. The company said that being registered as a legal entity in t
Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are
Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has inked a deal for the Caspian Explorer drilling vessel, enabling it to undertake operations in the Caspian Sea.
Afentra plc has run into delays in completing deals with Sonangol and INA, which will allow it to acquire interests in blocks offshore Angola.
Malaysian energy company Petronas and Japan Organisation for Metals and Energy Security (JOGMEC) have signed a Memorandum of Understanding (MoU) to cooperate in energy transition initiatives towards achieving respective energy transition and decarbonisation targets. According to Petronas, the initia
Partners in the Papua LNG project have launched fully-integrated front-end engineering and design (FEED) for the project in Papua New Guinea. Papua LNG is being developed by TotalEnergies, which holds a 40.1% interest in the project, along with its joint venture partners ExxonMobil (37.1%) and Santo
A carbon capture and sequestration (CCS) project located along the Texas Gulf Coast, has expanded its carbon dioxide (CO2) storage footprint.
Aquadrill, formerly known as Seadrill Partners, and Vantage Holdings’ subsidiary have reached an agreement to provide a sixth-generation drillship for operations in East Africa.
Amogy Inc., a Brooklyn-based developer of energy-dense ammonia power solutions, is making waves in the maritime industry with its ammonia-to-power system which has a massive potential to decarbonize shipping operations. The company just revealed its project which involves retrofitting a 1957-built t
The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.
Offshore drilling contractor Valaris has secured new contracts for two drillships, including a stacked one, and a jack-up rig.
The Spanish, French and Portuguese transmission system operators (TSOs) have signed an agreement to boost the transformation of the gas grid into a hydrogen grid. Namely, Spanish Enagás, Portuguese REN and French GRTgaz and Teréga are leading the initiative called Green2TSO which aims to transform t
