The Kawa-1 exploration well, located offshore Guyana, is on track to reach total depth in the first half of December 2021.
BW Offshore has informed that a JV partnership for the equity financing of the Barossa FPSO has been granted regulatory approval.
Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have awarded approval in principle (AiP) to South Korean shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding & Offshore Engineering CO. (KSOE) for a new 40,000 cbm liquified C
Inna Braverman, founder and CEO of Eco Wave Power (EWP), has received the Sustainable Development Goals (SDG) Excellence Award during the 2021 WE Empower competition.
Spanish companies Siport21, Gasnam, Naturgy, Cotenaval, and ESK will develop LNG bunkering operations conceptual simulator named SiBunker.
Dutch transport group Samskip has decided to acquire Lithuanian shortsea specialist Sea Connect, broadening its Baltic operations.
French engineering company Technip Energies and Abu Dhabi-based National Petroleum Construction Company (NPCC) have signed a deal to advance the energy transition in the United Arab Emirates (UAE) and other countries in the MENA region.
Easterly Asset Management has unveiled Maritime Logistics Equity Partners (MLEP), a new company formed to take advantage of opportunities in international shipping markets, including the chemical tanker shipping sector that is projected to reach $9.5 billion by 2026.
German shipbuilder Meyer Group has decided to enter a new market segment — at the Monaco Yacht Show, the company will for the first time show a mega yacht concept powered entirely by fuel cells and batteries.
Seismic vessel utilization has recovered to pre-Covid-19 levels in the third quarter of 2021, with about 68% of the global fleet now surveying or underway, according to a recent report by Rystad Energy. The seismic industry took a hit by the Covid-19 pandemic for several quarters, keeping nearly hal
Petroleum Geo-Services (PGS) has secured a contract with ExxonMobil to undertake a 3D acquisition work offshore Suriname.
Minesto has secured a SEK 5.8 million (approximately €572,600) grant from the Swedish Energy Agency for the ongoing commercialisation of its Deep Green technology. The grant co-funds a project through which Minesto will develop a next-generation tether system that is set to optimise functionality an
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré.
USACE Commanding General and 55th U.S. Army Chief of Engineers, Lt. Gen. Scott Spellmon, signed the Chief’s Report for the Coastal Texas Protection and Restoration Study (The Coastal Texas Study) last week. This is a six-year, $20.63 million comprehensive study led by USACE in partnership with their
