TechnipFMC and Petronas entered into an agreement to commercialise a natural gas processing membrane that reduces greenhouse gas emissions.
South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered fuel tank design from French LNG containment specialist GTT for two LNG-powered container vessels.
Tanjung Offshore has received letters of award worth around $36 million in total from Petronas and PTTEP for work in Malaysia.
Peel Ports has signed an international sediment management pledge to more effectively manage the disposal of sediments as part of the necessary dredging of its ports and harbours. The initiative, from Navigating a Changing Climate (a Global Climate Action partnership) and SedNet (a European Sediment
South Korea has completed the construction of a wave energy demonstration plant, equipped with energy storage system, on one of the islands of the Chuja archipelago in the Jeju Strait.
Turkey’s oil and gas giant TPAO has added another deepwater drillship to its fleet of drilling rigs, which are working in the Black Sea.
Russia’s federal agency FSUE Rosmorport and Primorsky Universal Transshipment Complex (Primorsky UPK) have signed an agreement to develop the first deepwater universal seaport complex in the Baltic Sea.
Offshore drilling contractor Stena Drilling has signed a contract for one of its drillships with ExxonMobil in Canada.
The construction of the Baltic Pipe offshore section has been completed as the last weld was made on the gas pipeline connecting the coasts of Denmark and Poland.
McDermott has won an EPC project after completing FEED services for a booster compression module for Inpex’s Ichthys LNG project.
Stolt Tankers, part of Stolt-Nielsen Limited, has reduced its fuel consumption by 6% compared to 2020, the latest figures show.
Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.
Danish engineering company Danfoss has signed a cooperation agreement with Chinese shipyard Zhenjiang Shipyard to quicken the rate of electrification in the Chinese marine industry.
Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.
