Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.
American class society ABS and South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its affiliate HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to collaborate on the technical feasibility of medium-voltage direct current (MVDC) power syste
The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.
Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.
Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu
Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.
Norway-based cleantech service provider Soiltech has landed a new contract with Tullow Oil for operations off the coast of Mauritania.
Japanese companies NYK Line, NYK Bulk & Projects Carriers (NBP), Tsuneishi Shipbuilding and British renewable energy business Drax Group have signed a new memorandum of understanding (MoU) to develop the ‘world’s first’ biomass-fueled ship (bioship) and the technology that could power it.
U.S.-based marine energy firm Ocean Power Technologies (OPT) has nearly hit 15 MWh of renewable energy production from its family of PowerBuoys (PBs) across the globe.
Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.
DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.
Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid. Sumitomo Electric held t
PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.
ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.
