Norwegian energy company Sval Energi has signed an agreement with compatriot state-owned Equinor to sell its 11.8% share in the Halten East Unit in the Norwegian Sea, enabling Equinor to increase its ownership to 69.5%. Located in the Kristin-Åsgård area in the Norwegian Sea, Halten East is an ongoi
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has obtained approvals in principle (AiP) from Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) for its ammonia cargo operation system and ammonia fuel supply system, which ca
Singapore and Norway have strengthened their collaboration with two new agreements aimed at advancing sustainable marine electrification solutions in Singapore and across Asia. On November 6, Norwegian companies Evoy and Pascal Technologies signed a letter of intent (LoI) with Singapore’s Lita Ocean
Canada-based oil and gas company Valeura Energy has completed an internal restructuring of its Thailand-based subsidiaries, which is expected to optimize the financial and operational aspects of its Thai assets.
Danish ferry operator Scandlines has received an innovation award from the German Transport Research Association (DVWG) for its upcoming project to convert two ferries on the Fehmarn Belt to plug-in hybrid vessels.
Shipping and logistics major A.P. Moller-Maersk and agricultural technology company Syngenta Crop Protection have extended their fourth-party logistics (4PL) partnership for an additional five years.
Construction of a new medium-sized gas carrier (MGC) for Purus, a provider of maritime services for the gas transport and offshore wind industries, has begun in South Korea. The construction of the 45,000 cubic meter (cbm) vessel, which will be engaged in the storage and transportation of low-carbon
Marine Energy Wales (MEW) and the National Hydropower Association (NHA) have signed a memorandum of understanding (MoU) to strengthen cooperation within the global marine energy industry. The agreement seeks to leverage the strengths of each organization to promote industry growth, share expertise,
LS Cable & System has signed a memorandum of understanding (MoU) with Norway’s Equinor for cooperation on the 750 MW Bandibuli/Firefly floating offshore wind project in South Korea. According to LS Cable & System, the company has developed South Korea’s first dynamic submarine cable for floating off
Seaway7, part of the Subsea7 Group, has been awarded a contract by ScottishPower Renewables for the transport and installation of the inter-array cables for the 960 MW East Anglia Two offshore wind project in the UK. The deal is worth between $150 million and $300 million, as per Subsea7’s definitio
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
Dutch engineering consultancy firm Royal HaskoningDHV has acquired compatriot renewable energy consultancy Pondera to pursue new renewable energy and integrated energy systems projects. Through this acquisition, Royal HaskoningDHV seeks to grow and strengthen its offering from offshore wind generati
Altera Infrastructure Holdings, a wholly-owned subsidiary of the UK-based energy services provider Altera Infrastructure, has entered into an agreement to sell all of its membership interests in Altera Shuttle Tankers to Maistros Shiptrade, a company affiliated with the Greek shipping major Angelico
Norway-based oil services investment company Akastor has signed an agreement with Japan’s Mitsui & Co. to purchase the latter’s shares in Akofs Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services.
