Vår Energi, Norway’s oil and gas player, has obtained the green light for drilling activities in the Barents Sea, which will be carried out with COSL Drilling Europe’s semi-submersible rig.
Wärtsilä Gas Solutions, an arm of Finland-based technology group Wärtsilä, has been commissioned by South Korea’s giant Samsung Heavy Industries (SHI) to provide its cargo-handling and fuel gas supply system for five dual-fuel very large ethane gas carriers (VLECs). As disclosed, the vessels in ques
The Netherlands-headquartered Fugro has won two contracts with Brazil’s offshore energy services company Constellation to support responsible deepwater exploration activities in two regions in Brazil. Under the two three-year contracts, Fugro’s scope includes deploying advanced remotely operated veh
Marine engine manufacturer Hanwha Engine, part of South Korea’s Hanwha Group, and Swiss marine power company WinGD have marked the production of what is claimed to be the world’s first engine of its kind for installation on liquefied natural gas (LNG) carriers.
UK-headquartered energy technology provider TechnipFMC has secured two subsea contracts with Brazilian oil & gas giant Petrobras for the delivery of flexible pipe to be deployed in multiple basins. Defined as a substantial contract, meaning it is worth between $250 million and $500 million, the firs
As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization
Iceland’s Carbon Recycling International (CRI) has signed a strategic cooperation agreement with China’s Jilin Huajin Energy for the Yushu green methanol project located near Changchun City in Jilin Province, Northeast China.
Italian cabling company Prysmian Group has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned energy giant Sembcorp Industries and Italy’s export credit agency and insurance and finance group SACE, controlled directly by the Ministry of the Economy and Finance, to explore opport
SOHAR Port and Freezone, a deep-sea port and adjacent free zone in the Middle East, has signed a development agreement with Oman’s Moonrock Research and Development and Denmark’s PowerCon to establish shore power infrastructure at the container terminal in the port.
UK engineering and consulting company Wood has secured a contract extension to provide operations, maintenance, modifications, and support services (OMMS) on the assets located on the UK Continental Shelf (UKCS) operated by the Norwegian state-owned energy giant Equinor.
Swedish ocean energy developer Minesto has appointed a new chief financial officer (CFO) who will take over the role as of October. According to Minesto, Alexander Jancke has a strong background in finance with experience spanning nearly ten years as a certified auditor and financial adviser at KPMG
Synera Renewable Energy (SRE) has awarded a contract to Seaway7, part of the Subsea7 Group, for the transport and installation of 35 inter-array cables at the Formosa 4 offshore wind farm in Taiwan, with offshore work expected to commence in 2028. Announcing the contract award, Subsea7 said this was
German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.
Yokohama-based shipbuilding company Japan Marine United Corporation (JMU) recently handed over an environmentally friendly 159,097 dwt Suezmax tanker to its owner. According to JMU, the tanker—christened Advantage Smart—was delivered on August 29 at the company’s Ariake Shipyard in Kumamoto prefectu
