While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc
Vår Energi has wrapped up the divestment of its interests in five oil and gas fields in the Norwegian Sea for a fixed after-tax consideration of $51 million and the transfer of a stake DNO Norge, a subsidiary of DNO, has in one of Vår Energi’s core hub areas.
Denmark’s fund management company focused on maritime investments European Maritime Finance (EMF), in collaboration with international shipping company Atlas Maritime, has confirmed the order of three LPG/ammonia carriers at South Korean shipyard HD Hyundai Heavy Industries (HHI). HD HHI’s parent co
TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.
Carnegie Clean Energy, through its wholly owned subsidiary CETO Wave Energy Ireland (CWEI), has received a progress payment of €251,100 under the EuropeWave Phase 3 contract. The EuropeWave contract is part of the ACHIEVE Program, facilitating the first deployment of CETO in Europe. This contractu
DOF has secured additional job opportunities in the Asia Pacific (APAC) region for one of its purpose-built dive support vessels (DSVs) equipped to come to grips with subsea infrastructure challenges and deepwater systems.
Spanish marine fuel supplier Cepsa has started delivering second-generation biofuels to the cruise industry at the Port of Barcelona. Norwegian Escape, a cruise ship, operated by Norwegian Cruise Line Holdings (NCLH), received the first supply in late July. According to Cepsa, the supplied fuel, pro
The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inking front-end engineering design (FEED) contracts
U.S.-based Woocheen’s Seas Geosciences has signed a multi-year agreement with Britoil Offshore Services to charter and convert a platform supply vessel (PSV) into a geotechnical drilling vessel, which is expected to be available for work in the offshore wind market from January 2025. The 2015-built
EnQuest has widened its decommissioning operator role at offshore fields in the UK sector of the North Sea after Britain’s energy giant Shell decided to pass EnQuest its decommissioning management role.
Norwegian clean energy technology supplier Hexagon Purus Maritime has secured a purchase order for a compressed hydrogen fuel system to be used on a new green sailing ship commissioned by international non-profit organization Greenpeace. The order, valued at approximately €2.5 million, was placed by
Prosafe has inked a deal with North Sea-focused Ithaca Energy for one of its flotels, which enables the reactivation of the semi-submersible unit laid up at Scapa Flow in the UK.
Norwegian transport company Torghatten Nord has celebrated the beginning of the construction of what are said to be the world’s largest hydrogen-powered ferries. The first steel cutting for the first of two 117-meter-long hydrogen-powered ferries with a capacity of 120 cars was held on August 29 at
Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing collaboration to encircle the energy major’s worldwi
