Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana.
In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) has become the latest Knowledge Partner of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS). The goal of the partnership is described a
As offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready.
U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a plug and abandonment (P&A) agreement with U.S. energy major ExxonMobil in the Gulf of America. The company’s Louisiana-based shallow water abandonment group Helix Alliance was awarded the three-year framework a
Italian shipbuilder Fincantieri has reached a new chapter in the construction of LNG-powered ships for Explora Journeys, the cruise division of Mediterranean Shipping Company (MSC).
A new cross-border initiative to develop tidal turbine blades is underway in Wales, led by Menter Môn Morlais, developer of what is said to be Europe’s largest consented tidal energy scheme. According to Menter Môn Morlais, the project is backed by £1 million (approximately $1.3 million) in funding
A floating production storage and offloading (FPSO) unit has left Seatrium’s yard in Singapore for a field in Brazil’s Santos Basin operated by the country’s state-owned energy major Petrobras.
John Cockerill Hydrogen has acquired part of the assets of McPhy to accelerate the development of its new generation of pressurized alkaline electrolyzers.
Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has closed a new $250 million sustainability-linked 7-year senior secured committed revolving credit facility for general corporate purposes.
The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.
U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marin
Anglo-French oil and gas player Perenco has finalized the acquisition of assets off the coast of Trinidad and Tobago formerly owned by Australia’s energy giant Woodside Energy.
Bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has conducted the first-ever delivery of B30-marine gasoil (B30 MGO) in Hong Kong.
Envision Energy has officially commissioned its large-scale green hydrogen and ammonia production facility, located in the Chifeng Net Zero Industrial Park.
