In a move that was almost an inevitability after recent events in the company, offshore drilling contractor Seadrill Limited has filed for Chapter 11 bankruptcy.
Intercontinental Exchange plans to launch liquefied natural gas (LNG) freight futures contracts based on Spark Commodities’ price assessments.
Equinor has exercised the option to add development drilling of one additional well at the Martin Linge field to the work scope of the Maersk Intrepid.
The Finnish technology group Wärtsilä and vessel provider Siem Offshore have signed an optimised maintenance agreement to reduce the carbon footprint of two offshore well intervention vessels.
Dutch ship repair and vessel services specialist ROG has decided to become independent after acquiring a controlling stake from shipbuilder Royal IHC.
Yara Marine Technologies, a Norwegian provider of exhaust gas cleaning systems, has decided to relaunch its shore power business amid increasing demand for onshore power supply systems.
Norwegian maritime technology group Kongsberg Maritime has been contracted by Novatek to deliver deck machinery for six ice class LNG carriers.
Sapura Energy subsidiaries and joint venture have been awarded contracts and contract extension with a combined value of about $457.5 million.
Ørsted and PGE Polska Grupa Energetyczna have signed an agreement to form a 50/50 joint venture for the development, construction and operation of the 1.5 GW Baltica 2 and 1 GW Baltica 3 offshore wind farms in Poland. The agreement was signed following negotiations that PGE and Ørsted started back i
FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amounting to $59.6 million, in the fourth quarter of 2020 amid continued uncertainty regarding redeployment. The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore sa
London-based containership charter owner Global Ship Lease (GSL) has agreed to purchase and charter back seven 6,000 TEU Post-Panamax containerships.
H2GO Power, in collaboration with the European Marine Energy Centre (EMEC) and Imperial College London, are testing the use of artificial intelligence (AI) software coupled with hydrogen technology.
Preparation for the future deep-sea mining projects is in full swing in Delft, The Netherlands, where the Allseas project team is fabricating its first robotic collector vehicle, project partner DeepGreen reports. In June 2019, DeepGreen Metals and Allseas formed a strategic partnership, bringing De
Japanese shipping major Mitsui O.S.K. Lines (MOL) and California-based AI technology startup Bearing, Inc. have inked an agreement to expand their partnership and bring artificial intelligence (AI) to the shipping industry.
