Masirah Oil, a subsidiary of Singapore’s Rex International, has embarked on a multi-well drilling program at a field off the coast of Oman.
Baron Oil has completed a geophysical survey for the Chuditch-2 appraisal well off Timor-Leste and is preparing for the geotechnical survey.
Aberdeen-based Underwater Contracting (UCO), owner of the largest fleet of Saab UK’s Seaeye Falcon remotely operated vehicles (ROVs), has purchased five new units for a total of 38 Falcon systems. UCO said it had expanded its fleet in response to major new multi-year contract wins across all sectors
South Korean shipbuilder HD Hyundai Mipo revealed it has developed an ammonia-powered ship using a number of domestic technologies.
Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners. Supported by the European Innovation Council, a flagship program of the European Commission with a budget exceeding €10 billion, th
American oilfield services company SLB is acquiring majority ownership in Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) as part of an agreement under which the two parties will combine their respective carbon capture businesses. SLB will pay NOK 4.12 billion (around $379.4 mil
Swiss energy company BGN and the UAE-based player across multiple marine sectors Al Seer Marine have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea and Japan.
K Line and Nippon Gas Line will establish a marketing company to provide seamless and efficient integrated LCO2 transportation service for CCS projects over the boundaries.
Five maritime industry majors will jointly study establishing a supply chain for clean ammonia ship-to-ship bunkering on the U.S. West Coast.
Dutch VTTI and German IKAV have formed a consortium to buy the majority stake in Terminale GNL Adriatico, known as Adriatic LNG, in Italy.
UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach
Vitol Bunkers deployed its new bunker barge, the Marine Future, to complete the first delivery of B30 biofuel blend in Singapore.
The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production.
A California-based developer of wave energy technologies, CalWave, has been picked as the technology provider for a wave energy project at Yuquot, British Columbia (BC) with the Mowachaht/Muchalaht First Nation (MMFN). The Indigenous-led project, supported by funding from TD Bank Group and the Clean
