The Singaporean subsidiary of Australia’s energy giant Woodside and an affiliate of Malaysia’s Petroliam Nasional Berhad (PETRONAS) have finalized a sale and purchase agreement (SPA) for the supply of liquefied natural gas (LNG) from the former’s portfolio.
Amsterdam-headquartered Deep, which specializes in hydrography, marine geophysics, UXO surveys and precise marine positioning, is strengthening its presence in France by opening a local entity to serve French clients and projects more efficiently. Set to start operating this month, Deep Atlantique w
Switzerland-based technology company ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company Blykalla to support and accelerate the deployment of small modular lead-cooled reactors to the maritime industry.
UK classification society Lloyd’s Register (LR) and South Korean shipbuilding player HD Hyundai Mipo have revealed a joint development project (JDP) to design a 22,000 cubic meter (cbm) LNG bunkering vessel.
With the green light for a final investment decision (FID) on the fourth train now out of the way, Houston-headquartered NextDecade Corporation is moving full speed ahead with the expansion of the first phase of its liquefied natural gas (LNG) export project in Texas, United States. Another multibil
Following a number of recent contracts in the region, UK-headquartered Tekmar Group has won another one in the Middle East, this time for the provision of its cable protection system. Under the contract worth over $10 million with what is described as a leading international engineering, procurement
Finland-based technology major Wärtsilä has clinched a contract to supply a fully integrated electric propulsion system with waterjets for a pair of new high-speed catamaran ferries being built for Danish ferry operator Molslinjen. As informed, Wärtsilä is set to provide the integrated propulsion sy
South Korean shipbuilder HD Hyundai Mipo has received approval in principle (AiP) from classification society ABS for its design development of a 30,000 cubic meter (cbm) LNG carrying and bunkering vessel.
The EU has awarded €4 million under Horizon Europe to the Control-Oriented Innovations for future wave energy farms (COIN) project, which is set to start on November 1, 2025. Coordinated by Technische Universitaet Braunschweig in Germany, the four-year initiative aims to bring ocean energy technolo
Norwegian upstream oil and gas player Vår Energi has achieved peak production at its floating production storage and offloading (FPSO) unit working at a field in the North Sea off Norway.
Serica Energy has revealed a downturn in production volumes from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS). Things are expected to improve by month-end once the unit’s repairs are out of the way.
Türkiye’s shipbuilder Sanmar Shipyards has launched the third fully electric tug built for state-owned crude oil and natural gas company BOTAŞ.
The Global Centre for Maritime Decarbonisation (GCMD) has published its report on Project CAPTURED, which demonstrated the technical and operational feasibility of integrating maritime carbon capture into an industrial CO2 utilization pathway.
U.S. offshore engineering and construction player McDermott has secured an offshore subsea contract with PTTEP Sabah Oil Limited (PTTEP) for a gas field expansion project offshore Malaysia. McDermott is in charge of the engineering, procurement, construction and installation (EPCI) services for a ca
