Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, is planning to build a new factory for test runs of marine hydrogen engines. The company has acquired land at the Phoenix industrial site in Amagasaki City, Hyogo Prefecture, where it
Norwegian vessel owner DOF Group has begun preparations to kick-start an offshore project in Argentina, where it will deploy two vessels for an expected combined duration of over 250 days. DOF reported yesterday, February 16, that it had secured a substantial contract, defined as worth between $25 m
U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% i
Next Geosolutions’ recently purchased offshore subsea construction vessel (OSCV) is currently en route from Italy to the Middle East to commence operations for Saipem. Last month, Next Geosolutions (NextGeo) reported that it had acquired the OSCV Siem Day from Norway’s Siem Day II for a purchase pri
Eco Wave Power has signed a letter of intent (LoI) with Wavefront Asset Management (WAM) under which the UK-based asset management firm is expected to provide structured equipment financing and leasing solutions to support the deployment of Eco Wave Power’s wave energy generation equipment across it
A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating
Equinor and its partners Petoro and OMV have made an oil & gas discovery some 190 kilometers northwest of Bergen, in Norway, marking the first exploration well drilled in the production license. Wildcat wells 33/12-N-3 HH and 33/12-N-3 GH were drilled in the Granat prospect near Gullfaks, in connect
Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard
Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.
Japan’s Tsuneishi Shipbuilding has delivered a methanol dual-fuelled container vessel at its shipyard in China that will go on a charter with Denmark-based container shipping giant A.P. Moller – Maersk. The methanol dual-fuelled 5,900 TEU type container carrier was delivered by Tsuneishi Group (Zhou
UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.
PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh
The French Government is planning to have 250 MW of tidal energy capacity awarded by 2030, as part of the third edition of the country’s energy strategy on the way towards carbon neutrality by 2050. The Publication Pluriannuelle de l’Energie (Multiannual Energy Programme (PPE)) includes commercial t
AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.
