Quattro Energy Limited has been unable to raise the required funds for the acquisition of United Oil & Gas’ license in the Central North Sea, which includes an existing hydrocarbon discovery.
Singapore’s port operator PSA Singapore (PSA) and compatriot shipping company Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut carbon emissions and optimize maritime efficiency. The duo plans to work on developing a set
GMS has won one new contract and two extension deals for the vessels in its fleet, raising contracted backlog revenue to $326.2 million.
McDermott, as part of a consortium with PTSC, has gotten its hands on a limited letter of award for work on a gas project off Vietnam.
Transocean has enlarged its contract backlog for the sixth consecutive quarter, expanding it to $9.4 billion at the end of 3Q 2023.
Energy company Aker Horizons has been allocated a grid capacity of 250 MW for its large-scale green ammonia plant under development in Kvandal outside Narvik and 120 MW for its facility in Berlevåg, both in Northern Norway, by system operator Statnett. The company said the grid capacity in Kvandal w
Subsea7 has secured a contract with Brazilian oil and gas giant Petrobras for a development located in the Santos Basin offshore Brazil. The contract scope includes engineering, procurement, fabrication, installation (EPCI) and pre-commissioning of 76 kilometers of rigid risers and flowlines for the
Singapore-based tanker owner and operator Hafnia aims to complete the rollout of the Starlink Satellite System, a satellite internet constellation developed by Elon Musk’s SpaceX, across its entire fleet by the end of 2023. After completing successful pilots between 2022 and 2023, Starlink is now up
BP has achieved production growth, a reduction in net debt, and a “robust” operating cash flow, based on its results for 3Q 2023.
Sonardyne, working with XOCEAN’s uncrewed surface vehicles (USV), has delivered remote acoustic data harvesting services to Shell at its Ormen Lange gas field in the Norwegian Sea that does not have conventional surface operation platforms. Without surface platforms, acoustic data from the subsea se
Dutch ship design and engineering company C-Job Naval Architects has formed a strategic partnership with MEYER Group, wherein MEYER Group will acquire a 50 percent stake in C-Job. MEYER Group, an international consortium, operates three shipyards under MEYER Werft, located in Papenburg, Rostock, and
Trillion Energy has revealed a boost in production rates at a natural gas field in the Black Sea off Türkiye.
The King of the Netherlands Willem-Alexander has performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands. The ceremony took place on Friday, October 27, 2023, on the building site of Gasunie subsidiary Hynetwork Services in the port of Rott
Members of ‘The Silk Alliance’ cross-supply chain industry partnership, initiated by the Lloyd’s Register (LR) Maritime Decarbonisation Hub, have issued an open letter to drive actions to accelerate the green corridor cluster in Singapore. The letter outlines an implementation plan with key mileston
