Japanese shipping major Mitsui O.S.K. Lines has completed the acquisition of a majority stake in Swiss open-hatch vessel owner Gearbulk.
Santos has put off a final investment decision (FID) for a huge oil development project in the Bedout Basin off the coast of Western Australia (WA).
There is a strong potential to cut fugitive methane emissions in the maritime industry, three new feasibility studies have shown.
The newly-elected U.S. President Donald Trump has issued an executive order instructing the federal government to maximize the development and production of natural resources in Alaska, including the development of a liquefied natural gas (LNG) project, due to their “critical national importance” an
The Oceanic Platform of the Canary Islands (PLOCAN) has held the launch meeting of the European DESALIFE project. The project, led by Ocean Oasis Canarias, aims to validate a seawater desalination technology powered by wave energy that will be demonstrated in northern Gran Canaria. Key partners in D
Norwegian ocean services provider DeepOcean has extended the charter agreements with Østensjø Rederi for three vessels, all under contract with DeepOcean since their delivery from shipyards. The companies have agreed to extend the existing contracts for Edda Freya and Edda Flora through 2026, and Ed
Serica Energy has kicked off drilling operations at the next well in its multi-well drilling campaign and work-over program in the North Sea, with a rig from COSL Drilling Europe, which has one more well lined up with the British player on the UK Continental Shelf (UKCS).
UK-based Tracerco has secured multi-million-pound worth of contracts in Brazil, including the largest project the company has ever undertaken. According to Tracerco, the deal, secured with TechnipFMC, involves delivering Tracerco Profiler measurement and control solutions for Petrobras’ Mero 3 High-
Navig8 has commenced the commercial management of ADNOC Logistics and Services’ (ADNOC L&S’) tanker fleet, comprising 20 vessels.
Norway-based software developer Vissim has been hired as a subcontractor to deliver a centralized vessel monitoring and alerting system (CVMAS) to Qatar-based Bin Omran Trading & Telecommunications, which oversees local project management and offshore installation.
BP has restarted production from a platform in the Caspian Sea at one of the world’s largest gas-condensate fields and the company’s largest gas discovery ever.
Global OTEC and Brazil’s COPPE/UFRJ have signed a memorandum of understanding (MoU) to collaborate on advancing the country’s ocean thermal energy conversion (OTEC) technology. According to Global OTEC, the two-year partnership will focus on joint research projects, knowledge exchange, and technolog
PV Power, a subsidiary of Vietnam Oil and Gas Group (PetroVietnam), has carried out the initial firing of the country’s first liquefied natural gas (LNG) power plant, achieving what it says is a milestone on the road to putting the project into commercial operation.
Sungrow Hydrogen has signed a supply agreement with ACME to provide water electrolysis hydrogen production equipment for the latter’s 320 MW green ammonia project in Oman.
