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Business Developments & Projects

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Jesper Kristensen, Group CEO, and Ajay Chaudhry, Co-CEO – Ship Management, Synergy Marine Group, pictured with the Synergy ship staff of YM Willpower during the vessel’s naming ceremony in Korea; Sour
Business Developments & Projects

Asian ship manager takes charge of two LNG dual-fuel container vessels

Synergy Marine Group, a Singapore-based company that manages over 700 vessels for shipowners worldwide, has become the technical manager of two newly delivered 15,500 TEU liquefied natural gas (LNG) dual-fuel container vessels owned by Taiwan-based Yang Ming Marine Transport Corporation.

about 7 months ago
A North Sea platform
Business Developments & Projects
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Europe’s gas goes green: North Sea offshore wind-powered project earns top methane rating

Marking a new era for low-methane gas in Europe, a Dutch-German gas development, which runs on offshore wind energy, has become the first natural gas production project in the North Sea to be independently certified as meeting the highest grade under MiQ’s methane emissions standard.

about 7 months ago
Illustration; Source: Vår Energi
Business Developments & Projects

New partner joins North Sea gas discovery ahead of appraisal ops

Orlen Upstream Norway, a subsidiary of Poland’s Orlen, has set the wheels in motion to come aboard a gas discovery in the Norwegian sector of the North Sea by buying a stake held by Norway’s oil and gas player Vår Energi.

about 7 months ago
Prysmian acquires Spanish firm for €169 million
Business Developments & Projects

Prysmian acquires Spanish firm for €169 million

Italian cabling giant Prysmian Group has completed the acquisition of ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350

about 7 months ago
Canada
Business Developments & Projects

Marine energy ‘key pillar’ in Canada’s clean energy transition, 2050 roadmap states

Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s

about 7 months ago
A man looking at a large vessel at sea
Business Developments & Projects

Malaysia ups its energy investment ante with new oil & gas bid round

Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination.

about 7 months ago
TGS at work offshore Africa and in US Gulf
Business Developments & Projects

TGS at work offshore Africa and in US Gulf

Norwegian energy data and intelligence company TGS has commenced two new offshore acquisition campaigns, one in Angola and the other in the Gulf of America. In a strategic collaboration, TGS and SLB announced on February 10 the launch of Engagement 9, the latest phase of the companies’ ocean bottom

about 7 months ago
Platinum Explorer drillship; Source: Vantage Drilling
Business Developments & Projects

Vantage Drilling’s 2010-built drillship lines up multi-year gig in India

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has landed a long-term assignment for its 16-year-old drillship off the coast of India with the country’s state-owned energy giant ONGC.

about 7 months ago
Transocean Equinox rig; Source: Transocean
Business Developments & Projects

‘Disappointing’ well results not halting gas search offshore Australia

Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has shed light on the results of drilling operations at an exploration well in the Otway Basin offshore Victoria, Australia.

about 7 months ago
Aquaterra Energy chosen for multi-well intervention and abandonment in Spain
Business Developments & Projects

Aquaterra Energy chosen for multi-well intervention and abandonment in Spain

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see

about 7 months ago
Fugro to start geophysical surveys at 2 GW Scottish offshore wind farm site
Business Developments & Projects

Fugro to start geophysical surveys at 2 GW Scottish offshore wind farm site

Fugro is scheduled to start geophysical surveys later this month at a site in the Outer Moray Firth, Scotland, where Ocean Winds plans to build its 2 GW Caledonia offshore wind farm. The work, to be carried out within the wind turbine array site, will be conducted by the vessels Fugro Pioneer and Ko

about 7 months ago
Seatrium’s affiliate pursuing arbitration against Petrobras over FPSO deal
Business Developments & Projects

Seatrium’s affiliate pursuing arbitration against Petrobras over FPSO deal

Jurong Shipyard (JSPL), a wholly-owned subsidiary of Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, has initiated arbitration proceedings against Petrobras Netherlands (PNBV), a subsidiary of Brazil’s energy giant Petrobras.

about 7 months ago
Singapore-based project to tackle one of energy transition’s ‘hardest engineering challenges’
Business Developments & Projects

Singapore-based project to tackle one of energy transition’s ‘hardest engineering challenges’

A new industry-academia research collaboration project, led by the National University of Singapore’s Centre for Hydrogen Innovations (CHI), has been launched with a focus on the development of next-generation ammonia-fuelled marine engines with near-zero emissions to help in speeding up the decarbo

about 7 months ago
AH Skandi Skansen; Source: DOF Group
Business Developments & Projects

More work in North Sea and Australia for DOF vessel duo

Norwegian vessel owner DOF Group has secured a new deal in the North Sea for an anchor handling (AH) vessel and prolonged an existing assignment for a platform supply vessel (PSV) off the coast of Australia.

about 7 months ago