Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal
The U.S. is committed to offshore wind and is looking to advance its development, according to Liz Burdock, President and CEO of Oceantic Network, formerly known as Business Network for Offshore Wind, a non-profit organization that provides networking, communications and educational platforms to sup
DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.
TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.
Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed its 150th liquefied natural gas (LNG) bunkering operation.
The escalation of attacks on commercial ships in the Red Sea by the Houthi armed forces is further intensifying after increased air strikes by the U.S. and UK forces in Iraq, Syria, and Yemen. Paradoxically, the military intervention has not deterred the Houthi rebels, who have promised further reta
Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India
Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.
The new Dual Fuel, Electric+ (DFE+) solution developed by Swiss technology company ABB and German engine manufacturer MAN Energy Solutions is a more energy-efficient alternative to current conventional designs for liquefied natural gas (LNG) carriers, classification society DNV found in a study.
Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.
Fugro has been awarded the geophysical survey contract for the development of the Doordewind offshore wind zone in the Netherlands. Fieldwork is planned to commence in April 2024 and will be conducted with Fugro’s geophysical vessel Fugro Pioneer. Onboard are customized digital streamers and process
Valaris has confirmed the spudding of the first well in an eight-well campaign, which is being undertaken by one of its semi-submersible rigs.
