Estonia-based Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has completed the delivery of ten subsea templates for Norwegian oil and gas player Aker BP’s Yggdrasil area development offshore Norway. According to MOC, the first six units were handed over earlier in 2024, while the
Japan Petroleum Exploration (Japex) has divested its stake in Energi Mega Pratama Inc. (EMPI), through which it participated in a block offshore Java, Indonesia, to the latter’s parent company Energi Mega Persada (EMP).
With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize pla
California’s public ferry operator San Francisco Bay Ferry (SF Bay Ferry) has selected an electric propulsion system from the Finnish technology group Wärtsilä for its three fully battery-electric high-speed ferries. The order for Wärtsilä’s electric propulsion system was placed by All American Mari
As part of the International Hydrogen Development Program (H2Uppp) of the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the German International Cooperation Society (GIZ) and Spain-based ACCIONA Nordex Green Hydrogen (ANGH2) have joined forces to support the development of
Norway’s BW Offshore is set on expanding its floating production, storage, and offloading (FPSO) fleet by embarking on the acquisition of a 19-year-old FPSO to leverage redeployment opportunities in the offshore oil and gas arena.
Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has concluded the auctions for regasification capacity at its floating storage and regasification unit (FSRU) moored off the coast of Livorno.
Hamburg-based SeaRenergy Offshore Holding has entered a strategic partnership with Switzerland’s Tethys Robotics to strengthen its subsea inspection services. Under the partnership, SeaRenergy will integrate the Tethys ONE autonomous robot into its offshore services. The Hamburg-based company said t
Lomarlabs, an innovation arm of Lomar Shipping, has teamed up with maritime technology company BlueNose to optimize ship aerodynamics, targeting a reduction of fuel consumption by up to 5%.
Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070.
PSW Power & Automation, a subsidiary of Norway-headquartered offshore energy technology and services provider Scana, has secured a contract valued between NOK 75 million (around $7.3 million) and NOK 150 million for an offshore project in Brazil involving the delivery of two E-House modules. Accordi
Singapore-based shipping company Ocean Network Express (ONE) has reportedly placed an order for eight liquefied natural gas (LNG)- powered 16,000 TEU boxships in South Korea.
Sweden’s cleantech company Plagazi has received a €29.5 million grant from the EU Innovation Fund for ‘Gävle Circular Park,’ its flagship project described as a key part of efforts to advance the development of local value chains across several sectors, including hydrogen transport, CO2 transport an
Norwegian oil and gas player OKEA has made a new oil discovery in an exploration well in the North Sea off the coast of Norway. However, the drilling activity at another well left the firm empty-handed, as no hydrocarbons were found.
