Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.
As part of a consortium of 12 Japanese companies, Japanese shipping company Mitsui O.S.K. Lines (MOL) has invested in Commonwealth Fusion Systems (CFS), a US-based fusion energy company.
Japan’s MODEC has executed a co-operation agreement with infrastructure solutions provider Africa Finance Corporation (AFC) to jointly work on floating production, storage, and offloading (FPSO) units projects and other maritime infrastructure projects in Africa.
Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior
France’s energy giant TotalEnergies has boosted its oil and gas portfolio in African waters by securing two offshore exploration permits off the coast of Nigeria.
UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle.
Class society DNV has renewed its memorandum of understanding (MoU) with the Singapore Institute of Technology (SIT), continuing their collaboration in maritime education, applied research, and innovation.
Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three
Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.
The Netherlands-headquartered Boskalis has added a new construction support vessel (CSV) to its fleet, following the purchase from Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore. The 120-meter-long Spearfish CSV is equipped with a heave-compensated deck crane capable of lif
Transocean has unveiled plans to optimize its fleet by bidding goodbye to four drillships and one semi-submersible rig that are currently stacked, which will reduce the size of its rig fleet.
Yara Clean Ammonia (YCA), an arm of Norway-based fertilizer company Yara International, has inked a long-term shipping contract with compatriot Navigator Amon Shipping, securing access to two 51,000 cbm dual-fuel gas carriers. As disclosed, YCA and Navigator Amon Shipping, a joint venture (JV) betwe
Poland’s Orlen has signed a contract with Norwegian state-owned energy giant Equinor for the supply of crude oil from a field on the Norwegian Continental Shelf.
Japan Engine Corporation (J-ENG) accomplished the first fully functional full-scale commercial ammonia-fueled engine on August 30, 2025.
