Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
Vår Energi has secured a drilling permit to spud two wildcat wells in the North Sea, using one of Odfjell Drilling-managed rigs.
China Merchants Energy Shipping (CMES) has signed a long-term transportation agreement with a subsidiary of PetroChina for two of its LNG carriers under construction. According to a stock exchange filing, CMES signed the agreement with China Petroleum International (Hong Kong) on November 7, 2023. U
Ascenz Marorka, a subsidiary of French LNG containment specialist GTT, has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGCs). Encompassing the full spectrum of Ascenz Marorka’s ‘Smart Shipp
Energy tech major Baker Hughes and Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM) have signed a memorandum of understanding (MoU) to collaborate on future offshore floating LNG (FLNG) and onshore LNG projects. The parties signed the MoU on November 5, 2023, at the Chin
Norwegian chemical tanker company Stolt Tankers, together with Japanese companies NYK and Eneos Ocean, has launched a new pool within its Stolt NYK Asia Pacific Services (SNAPS).
Halliburton has pooled resources with Sekal to jointly provide well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.
Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.
Trelleborg’s Jonathan Petit sheds light on the reasons why industry standards need to keep pace with innovation for reeling operations.
U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
Capital Gas Ship Management has taken delivery of the newbuild LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. Capital Gas announced the delivery of the vessel named Amore Mio I via social media on November 7, 2023. The LNG carrier has a cargo capacity of 174,000 cubic
New York-based tanker company International Seaways has exercised options for two scrubber-fitted, LNG dual-fuel ready LR1 vessels at Korean shipbuilder K Shipbuilding Co. The options were lifted in October bringing the ordering tally to four LR1 newbuilds at the yard worth approximately $231 millio
Energy services provider Expro has completed a well cementing project in the U.S. Gulf of Mexico for what it describes as a “large international operator”. Expro delivered an inner-string cementing on a subsea well’s 22″ surface casing in a water depth of approximately 2,000 meters in the Mississipp
McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.
