Australian energy major Woodside has signed a non-binding memorandum of understanding (MoU) with SK E&S, a part of South Korean conglomerate SK Group, to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products. Accord
Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.
SBM Offshore has corroborated the start of production from an FPSO, which is working on Petrobras’ giant oil field in the Santos Basin off Brazil.
Noble Corporation has added more work to the backlog of one of its seventh-generation drillships in the U.S. Gulf of Mexico.
Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?
Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research. The global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the new
Vitol Asia, a unit of a Switzerland-based energy and commodities company Vitol, and GAIL (India), the largest natural gas supplier under India’s Ministry of Petroleum and Natural Gas, have signed a deal for the annual supply of approximately one million metric tons of LNG for a period of approximate
Kraken Robotics has completed a cable burial survey on behalf of Asso.subsea along the 16-kilometer export cable that runs from the Gode Wind 3 offshore substation to the Dolwin Kappa platform. The operation was conducted from the MSV Astrea, employing the advanced Sub-Bottom Imager™ (SBI). Kraken R
Great Lakes Dredge & Dock, together with its consortium partner Van Oord, has been informed by Empire Offshore Wind, a joint venture between BP and Equinor, of the termination of the rock installation contract for the Empire Wind 2 offshore wind project which was set to commence in 2026. In 2022, th
South Korean shipbuilder Hanwha Ocean has reportedly entered into a unique agreement with compatriot rival Samsung Heavy Industries (SHI), marking the first-ever collaboration between two shipbuilding heavyweights. While specifics of the deal remain undisclosed, reports suggest that Hanwha Ocean wil
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) celebrated the start of 2024 with the introduction of another new 24,000+ TEU containership.
Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has extended and expanded its services to LNG import terminal Sociedad Portuaria el Cayao (SPEC LNG) in Cartagena, Colombia. Höegh LNG said the agreement with SPEC enables continuity and increase of energy supply through at least 2031,
Noble Corporation has worked out the details for a rig swap offshore Suriname with Petronas Suriname E&P, a subsidiary of Malaysia’s energy giant Petronas.
Aker BP has teamed up with technology provider Vissim to adopt an upgraded oil spill detection solution across its key offshore installations. Set to be installed at Aker BP’s major facilities, including Valhall, Ula, Edvard Grieg, Ivar Aasen, Alvheim, and Skarv, this upgraded, radar-based oil spil
