South Korean shipbuilder Samsung Heavy Industries (SHI) has won a construction contract for two liquified petroleum gas (LPG)/ammonia carriers. The deal, valued at KRW 315 billion ($235 million), was signed with undisclosed shipowners in the Oceania region. Samsung said that the two VLACs are schedu
Nigeria’s oil and gas regulator, NUPRC, has taken steps to combat the oil theft challenges by joining forces with the country’s police force.
LNG shipping company Flex LNG has secured an extension of the charter of its LNG carrier Flex Resolute that will keep the vessel on a fixed-hire contract until at least the first quarter of 2027. The 2020-built Flex Resolute was fixed on a three-year time charter on November 1, 2021, with the commen
The second Malta to Italy interconnector has reached a major milestone with the approval of the development permit by the Maltese Planning Authority. The IC2 interconnector will consist of a new ~118-kilometer-long 225 MW HVAC electrical cable interconnection through a submarine cable operating at 2
Taiwan-based electronics manufacturing company Delta Electronics has signed a long-term collaboration agreement, which includes technology transfer and licensing, with Ceres Power Limited, a subsidiary of UK-based developer of clean energy technology Ceres Power Holdings, to access Ceres’ hydrogen e
UK-headquartered well integrity and production optimization company Coretrax has expanded its well intervention capabilities by boosting its offering with a complementary technology from Wireline Drilling Technologies. Following the acquisition, the well lifecycle solutions provider secured a batch
Around 100 offshore workers employed by Odfjell Technology have decided to embark on strike action to secure improvements to working rotas.
THE RIG is set to redefine the water sports and tourism landscape while paying homage to the legacy of Saudi Arabia’s rich oil and gas heritage.
This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Yesterday, container shipping heavyweights Hapag-Lloyd and Maersk made waves in the liner shipping industry after revealing a groundbreaking operational cooperation deal, leading
BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, is moving forward with its floating solar demonstration project in Valencia with the first round of contacts with main suppliers finished. BlueNewables reported on January 18 that its 1 MW PV-bos project in Valencia
Proman and Bahri ink a five-year agreement for Bahri Chemicals, a Bahri arm, to time-charter two methanol-powered ships, Stena Provident and Stena Progressive, to transport various products globally.
The Australian government is investing $70 million in the development of a hydrogen hub in Bell Bay, Northern Tasmania. The hub is expected to support the production of up to 45,000 tons of green hydrogen per year, create hundreds of jobs and support the manufacture of green metals and alloys like i
The U.S. Department of Energy (DOE) has launched a $14.5M funding opportunity, aiming to address challenges in marine and ocean renewable energy industries and to encourage innovation. DOE’s Water Power Technologies Office (WPTO) and Wind Energy Technologies Office (WETO) released the opportunity on
The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India.
