Malaysian FPSO provider Yinson has secured another contract extension with Addax Petroleum for a floating, production, storage, and offloading (FPSO) vessel carrying out operations in Nigeria. Yinson revealed on 22 December that it had received a new short-term extension of the contract for FPSO Ado
CSSC Huangpu Wenchong, a subsidiary of the China State Shipbuilding Corporation, has launched the second multi-purpose gas carrier being built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM). The 9,500 cbm vessel (hull number H5509) is the second ship from the series currently unde
South Korean Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing. According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the stage for the company to declare it
Greek energy utility company Mediterranean Gas has completed the first phase of the market test for the expression of interest and capacity allocation for the ARGO FSRU terminal in Volos. According to Mediterranean Gas, an expression of interest was submitted by Greek and international companies, wh
UK-headquartered ROVOP has secured a contract with Mermaid Subsea Services (Thailand) for the delivery of a remotely operated vehicle (ROV) on board the DP2 diving support construction vessel (DSCV) Van Gogh. As part of the agreement, ROVOP will mobilize a newly acquired Schilling HD 150HP work ROV
Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility with well bay area and living quarters. Allseas will provide offshore T&I services for the Hugin A PdQ, formerly NOA PdQ, processing platform
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) is rounding off 2022 with the delivery of 209 ships, the equivalent of 14 million dwt. CSSC said that this year it secured the largest portion of new shipbuilding orders in the world, despite the challenges caused by the p
An upgrade of the world’s largest floating storage and regasification unit (FSRU) MOL FSRU Challenger has been completed, increasing its regasification capacity before deployment to Hong Kong. Following the upgrade at Keppel Shipyard in Singapore, the FSRU with a storage capacity of 263,000 cubic me
Papua New Guinea’s Kumul Petroleum Holdings has extended the exclusivity period for the binding conditional offer made to Australian energy company Santos to acquire a 5% interest in PNG LNG for an asset value of $1.4 billion. The offer, which will now remain open until 30 April 2023, is conditional
DEME Offshore has picked Tekmar Group to supply Cable Protection Systems (CPS) for the third phase of Dogger Bank Wind Farm in the UK. Under the contract signed with DEME Offshore, Tekmar will design, manufacture, and supply 172 CPS for Dogger Bank C. The first systems for the project’s third phase
Namibia’s Ministry of Mines and Energy has granted a second one-year extension for the Petroleum Exploration License 87 (PEL 87) located in the Orange Basin. Canada-based Sintana Energy reported on 21 December that Namibia’s Minister of Mines and Energy had granted a second one-year extension to the
South Korean shipbuilder Samsung Heavy Industries announced that it has successfully demonstrated its own Boil-off gas Recovery System (BReS), and received a Statement of Fact from the ABS classification society. BReS is a system that recovers boil-off gas that is naturally evaporated in the fuel ta
Siemens Energy has secured a contract to deliver the high-voltage direct current (HVDC) transmission technology for the Celtic Interconnector that will link France and Ireland. The 700 MW Celtic Interconnector 320 kV VSC HVDC link will be approximately 575 kilometers long, of which the offshore elem
Scottish state-backed ferry owner Caledonian Maritime Assets Ltd (CMAL) has selected Cemre Marin Endustri A.S shipyard in Turkey as the preferred bidder for the construction of two new ferries. The two new vessels are intended to support the communities at Uig, Lochmaddy and Tarbert (Harris). “This
