Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought.
Japanese shipping company Asahi Tanker has become the newest member of the Maritime Battery Forum (MBF ), a global community of maritime battery enablers.
Centrica Energy, the trading arm of the U.K.’s energy company Centrica, has signed a natural gas sale and purchase agreement (SPA) with U.S.-based Devon Energy Corporation.
AW Shipping, a joint venture company between ADNOC L&S and Wanhua Chemical, has welcomed the 98,000 cbm Gas Yongjiang, the inaugural unit out of nine very large ethane carriers (VLECs) under construction at China’s Jiangnan Shipyard. As disclosed, Gas Yongjiang—described as one of the ‘world’s large
To accelerate growth in the Middle East and enhance local industrial capabilities as part of its global strategy, China’s ZTT Submarine Cable & System is planning to set up a manufacturing facility in Saudi Arabia. By establishing manufacturing operations in Saudi Arabia, ZTT said it aims to directl
U.S.-based marine energy firm Ocean Power Technologies (OPT) has called on New Jersey lawmakers to accelerate support for the state’s emerging marine energy sector during a joint hearing of the New Jersey Assembly Environment, Natural Resources, and Solid Waste Committee and the Senate Environment a
Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, e
U.S.-headquartered offshore engineering and construction player McDermott has signed a memorandum of understanding (MoU) with Aize to employ the latter’s digital twin solutions across its Middle Eastern operations. As explained, the strategic MoU is aimed at driving operational efficiency throughout
Government officials from the United States and South Korea have visited HD Hyundai’s headquarters in Ulsan to discuss ways to strengthen bilateral cooperation in the shipbuilding sector.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured multiple project awards in the Middle East that have a combined value of approximately $430 to $500 million. The awards cover the delivery of a comprehensive suite of services, in
Taiwan-based shipping company Wan Hai Lines has held a naming ceremony for its brand-new, energy-efficient container vessel built by South Korea’s Samsung Heavy Industries (SHI). As disclosed, the containership was christened WAN HAI A20 on August 14 at Samsung Heavy Industries’ Geoje shipyard. Now
Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.
The joint venture of National Grid Electricity Transmission and SSEN Transmission has selected Hitachi Energy as the preferred bidder to deliver high-voltage direct current (HVDC) converter stations in Scotland and England for the Eastern Green Link 3 (EGL3) project. Marked the biggest project in th
German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm of the Meyer Group focused on sustainable maritime solutions, have shaken hands on an initiative to ‘advance’ methanol retrofitting systems. As divulged by the partners, the project will aim to cut
