Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, and partners have held a steel-cutting ceremony for a floating storage and offloading (FSO) unit destined for an oil field offshore Vietnam.
Swedish ferry company Stena Line has launched its second methanol-ready NewMax hybrid ferry at China Merchants Jingling Shipyard.
As a response to a number of recent subsea cable incidents that caused disruptions in the EU, the European Commission and the High Representative have launched an action plan to strengthen the security and resilience of this critical infrastructure, covering both power and communication cables. The
The Nigerian National Petroleum Corporation (NNPC) Shipping, Swedish Stena Bulk and Nigerian Caverton Marine have launched a new joint venture that aims to transform Nigerian maritime transportation.
Finland-based marine engineering company Deltamarin has secured a contract to design and engineer upsized methanol dual-fuel Shaper Class pure car and truck carriers (PCTCs) ordered by Norwegian shipping company Wallenius Wilhelmsen at China Merchants Jinling Shipyard (Jiangsu).
UK-based company Global OTEC is preparing to deploy its floating cylindrical hull into the Atlantic Ocean, with operations set to begin once weather conditions allow. The deployment will take place at the Oceanic Platform of the Canary Islands (PLOCAN) off Gran Canaria, Spain. The company recently c
Italy’s energy major Eni has secured the status of a preferred off-taker of renewable energy transmitted from Albania to Italy through a planned 1 GW subsea interconnector by signing an agreement with Emirati partners. Eni’s Chief Executive Officer Claudio Descalzi has signed three collaboration agr
Norwegian renewable energy firm Alotta, in collaboration with compatriot fish farming company Emilsen Fisk, is installing a floating solar power plant at the latter’s facility in Båfjordstranda, making it the “world’s northernmost floating solar power plant.” According to Alotta, the project, backed
Wood has been approached by architecture and engineering consultancy Dar Al-Handasah Consultants Shair and Partners Holdings (Sidara) regarding a possible takeover.
London-based technology company H2Terminals has entered into an agreement to supply hydrogen produced at its offshore energy island project in the North Sea to industrial users in London and the Thames Eastuary region.
Houston-headquartered Innovex International, established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, has signed a master service agreement with SLB OneSubsea for the supply of subsea wellhead technology. Dril-Quip, a developer, manufacturer and provider of highly engine
Portuguese oil and gas company Galp has found light oil and gas condensate in the fifth well within its second exploration and appraisal program in the Orange Basin offshore Namibia.
French wave energy developer Seaturns has completed sea trials of its wave energy technology at the IFREMER test site in Brest, France, moving a step closer to commercialization. The company is now gearing up for full-scale testing in 2025. In collaboration with IFREMER, Seaturns deployed a 1/4-scal
Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity.
