The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j
Malaysia’s Yinson Production has ticked all the items off the list to bolster its financial position and drive growth by finishing the work related to a $1 billion investment secured with a consortium of international investment firms.
Seascape Energy Asia, a wholly owned subsidiary of Southeast Asia-focused E&P company Seascape Energy, has been awarded the operatorship of a small field asset production sharing contract (SFA PSC) offshore peninsular Malaysia by the state-owned energy giant Petronas.
Singapore-based shipping company Ocean Network Express (ONE) has added another ammonia/methanol-ready newbuild to its 13,900 TEU containership fleet.
Fujairah Terminals, a subsidiary of the UAE-based terminal operator AD Ports Group, and the Fujairah Free Zone Authority (FFZA) have signed a memorandum of understanding (MoU) to attract investment, streamline operations, and promote sustainable growth within Fujairah’s maritime ecosystem.
Fugro has appointed Niels Schallenberg as Group Director Europe & Africa, effective July 1, following Erik-Jan Bijvank’s decision to step down from the position in order to pursue opportunities outside the company. The Dutch company reported last month that Bijvank was stepping down from the positio
Odfjell Drilling, a 52-year-old offshore drilling player, has confirmed the wrap-up of a special period survey (SPS) for another semi-submersible rig that was on the agenda this year.
K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.
Norwegian company Havkraft has reported an energy conversion rate of over 80% from its latest lab test of a scaled wave power converter model, marking the firm’s most efficient result to date. The model was tested at Stadt Towing Tank in Måløy, where recent geometric adjustments led to a performance
TendrillWood, a joint venture (JV) between UK engineering and consulting company Wood and Tendrill International, has won a five-year contract with Brunei Shell Petroleum (BSP), a subsidiary of UK-headquartered energy major Shell, for brownfield engineering, procurement, and construction (EPC) servi
EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.
Norwegian shipping company GC Rieber Shipping has entered into a letter of intent for the construction of a fully electric battery-powered freight carrier.
TotalEnergies has decided to enlarge its American oil and gas portfolio by acquiring interests in 40 exploration blocks that Chevron currently operates.
Geotechnical surveys have commenced for the 240 MW Jammerland Bugt offshore wind farm in Denmark to support the final project design in preparation for construction work. After several months of geophysical surveys, scanning the seabed using 3D measurements, the next step in the development of the J
