Norway’s subsea services provider Argeo has postponed its decision to file for bankruptcy after receiving an indication of interest from an industrial player. It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file f
Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia.
LS Marine Solution has been selected as the preferred bidder for the submarine cable installation work at the Shinan Ui offshore wind project in South Korea. The 390 MW offshore wind farm is being developed by a consortium led by Hanwha Ocean and SK Eternics. Construction is scheduled to begin in 20
Norway and the U.S. have signed a renewed memorandum of understanding (MoU) covering hydropower and marine energy research, continuing an energy research collaboration that began in 2020. According to the Norwegian Ministry of Energy, the cooperation targets flexible power delivery from hydropower,
Equinor has secured a drilling permit for two exploration wells in the Norwegian sector of the North Sea, which will be drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
Syroco, a French climate tech startup delivering performance and voyage optimization solutions to the maritime industry, has become the latest member of the country’s shipowner association, Armateurs de France. As disclosed, as part of Armateurs de France, Syroco plans to contribute to the organizat
Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.
Geneva-headquartered energy and commodity trading company BGN has recorded two events it deems important in the liquefied natural gas (LNG) segment – a cargo delivery in Germany and a supply contract in Egypt.
The Hong Kong and China Gas Company (Towngas) has inked a strategic framework cooperation agreement with tank storage company Royal Vopak to expand the green methanol supply chain and support the shipping industry’s low-carbon transition.
Norwegian shipping company Rem Offshore has held the keel-laying ceremony for its second energy subsea construction vessel (ESCV), being built at a shipyard in Vietnam. REM Ocean, for which the steel-cutting ceremony was held in February, will once delivered from Myklebust Verft in 2027 begin operat
A new construction milestone has been achieved for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant with a full range of flexible regasification services, spanning from FSRUs to infrastructure development and LNG s
UK-headquartered Tekmar Group has secured a contract under which it shall supply bespoke subsea infrastructure technology for a pipeline project in the Middle East. The scope covers the design and manufacture of specialist reinforced concrete support structures for a large-diameter gas pipeline, wit
Norway’s energy giant Equinor has selected compatriot Aker Solutions for work on a subsea development that will combine multiple discoveries in the northern part of the North Sea.
African energy exploration player Rhino Resources has hired a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, for drilling assignments off the coast of Namibia, Africa.
