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Thomas Koniordos, CEO, Yara Marine Technologies
Business & Finance

Yara moves into fuel optimization business with Lean Marine takeover

Norwegian exhaust gas production firm Yara Marine Technologies has acquired Lean Marine, a company specializing in automated fuel-saving and performance management solutions for vessels. The move is in line with the company’s expansion plans beyond scrubbers, a market that took a major plunge during

about 5 years ago
Aker Solutions inks contract for Jansz-Io Compression project
Business & Finance

Aker Solutions inks contract for Jansz-Io compression project

Aker Solutions has signed a contract with Chevron Australia for the supply of subsea compression technology for the Jansz-Io Compression (J-IC) project offshore Western Australia. As part of the deal announced earlier this month, Aker Solutions will provide engineering, procurement and construction

about 5 years ago
Shah Deniz Bravo
Business & Finance

BP cheers biggest Shah Deniz milestone in 2021 after deepwater flank start-up

The BP-led Shah Deniz consortium has started production from the East South flank – the biggest milestone planned for the project this year.

about 5 years ago
Valaris 8503 used for Zama appraisal - Talos
Business & Finance

Disappointed Talos to explore legal options over Mexico’s Zama decision

A very disappointed Talos Energy will be exploring legal options following a decision by the Mexican government, making Pemex the operator of Zama.

about 5 years ago
Germany
Business & Finance

Germany wins EU funding for sustainable inland shipping program

The European Commission has approved a €131 million German scheme to support “the sustainable modernization” of inland waterway fleets in Germany.

about 5 years ago
Carnarvon
Business & Finance

Carnarvon Petroleum joins ‘net-zero by 2050’ club

Australian oil exploration company Carnarvon Petroleum has decided to become a net-zero emissions energy business by 2050 if not earlier.

about 5 years ago
Pioneering Spirit delivering the Valhall jacke
Business & Finance

Pioneering Spirit vessel delivers Valhall jacket for decom

Allseas and its giant heavy lift vessel Pioneering Spirit have delivered Aker BP’s Valhall QP jacket to a yard in Norway for decommissioning.

about 5 years ago
Diamond Offshore's Ocean BlackRhino - Maersk Training
Business & Finance

Maersk Training gets three-year deal with Diamond Offshore

Maersk Training will deliver immersive simulation and crew resource management training for Diamond Offshore crews worldwide.

about 5 years ago
FPSO Liza Destiny moored offshore Guyana
Business & Finance

ExxonMobil working to revive faulty Guyana FPSO as plans for Liza gas pipeline move ahead

Following repairs, ExxonMobil has started the second phase of testing at its Liza Destiny FPSO and is moving forward with plans for a gas pipeline in Guyana.

about 5 years ago
Caspian Sea
Business & Finance

WATCH: Fire burns in Caspian Sea after mud volcano causes explosion near offshore fields

A massive explosion caused by a mud volcano on Sunday shook the Caspian Sea where Azerbaijan operates offshore oil and gas fields.

about 5 years ago
Ever Given
Business & Finance

Ever Given to finally depart Suez Canal on Wednesday

After being stuck in the Suez Canal for over three months, the 20,000 TEU containership Ever Given is poised to leave the waterway as the canal authority and the owners of the vessel reach a final deal on compensation. “The UK Club is pleased to announce that, following the agreement in principle be

about 5 years ago
Illustration/Apollo’s PALM connector (Courtesy of Apollo Offshore Engineering)
Business & Finance

WES splashes £1.8M on quick connection systems for wave energy

Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.

about 5 years ago
Navig8 inks sale and leaseback deal for chemical tankers
Business & Finance

Navig8 inks sale and leaseback deal for chemical tankers

Norway-listed tanker company Navig8 Chemical Tankers has entered into sale and leaseback agreements with Chinese Jiangsu Financial Leasing (JFL) for four chemical tankers.

about 5 years ago
Illustration/Wave energy device deployed of the coast of Basque Country (Courtesy of EVE)
Business & Finance

EuropeWave launches wave energy concept development tender

The €20 million EuropeWave project has invited wave energy developers to apply for funding via its innovative pre-commercial procurement (PCP) programme.

about 5 years ago
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