Swiss renewable energy company Axpo has become a shareholder in compatriot H2Uri AG, a company building the first green hydrogen production plant in central Switzerland. The hydrogen produced at this plant will be used to power the first hydrogen passenger vessel operated by Lake Lucerne Navigation
Noble Corporation is anticipating a further boost to its contract backlog over the next two years.
MMA Offshore reported strong demand for its vessels and services in the first FY2024 half-year. With newbuild vessel orders at a historic low and limited additional vessel supply anticipated in the coming couple of years, the Australia-headquartered company said it was expecting favorable market con
The Export-Import Bank of Korea (Korea Eximbank) has signed a Memorandum of Understanding with Germany’s KfW IPEX-Bank in Frankfurt to boost high-tech innovation and fortify supply chains.
Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.
Monaco-based shipping company Scorpio Tankers has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions (FOWE) fuel emulsion systems across its entire fleet of over 100 vessels.
Woodside has selected the U.S. provider of offshore drilling solutions Dril-Quip for the delivery of subsea wellhead systems for its deepwater oil project in the Perdido basin in the Gulf of Mexico. Dril-Quip is set to supply BigBore IIe subsea wellhead systems for the Trion greenfield deepwater dev
Flex LNG, the owner and operator of LNG carriers, has received a notice that the charterer of its vessel Flex Courageous will exercise the first extension option. Together with Flex Resolute, Flex Courageous was fixed on a three-year time charter on November 1, 2021, with the contract commencing in
UK’s Powerhouse Energy Group (PHE) and Australia’s National Hydrogen (National H2) have signed an initial 5-year framework agreement, which sets out the terms on which PHE’s technology and engineering expertise will be provided, on a project-by-project exclusivity basis, to National H2 for its inten
Shell has started production from a deepwater project in the U.S. Gulf of Mexico, which is a subsea tie-back to the Appomattox production hub.
AGR has secured a contract extension with Equinor for the provision of blowout and well control studies on the NCS.
Valaris has managed to boost its contract backlog by almost 60% compared to the sum from twelve months ago, thanks to the higher day rates and fleet utilization.
Norway’s Enhanced Drilling has announced a new five-year contract with Equinor, including the use of all Enhanced Drilling technologies. This frame agreement, which took effect on February 1, 2024, is the first of its kind for Enhanced Drilling. It is for operations on the Norwegian continental shel
Swedish electrofuel developer Liquid Wind, together with its partners Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has launched the eFuel Design & Performance Center (DPC) in Hørsholm, Denmark. The launch of DPC builds on Liquid Wind’s partnership formed in 2020 and the recently announced p
