SBM Offshore has completed the project financing for an FPSO which is destined to operate on ExxonMobil’s Payara project in Guyana.
UK-based renewable energy technology company WITT has secured a £350,000 contract with the Defence and Security Accelerator (DASA) to develop energy harvesting technology for the subsea environment.
Repsol Sinopec Resources has awarded an extension of the bareboat charter to the Bluewater-owned FPSO Bleo Holm.
Norwegian oil and gas company Vår Energi has awarded long-term contracts for HSSEQ services to local suppliers.
After two weeks of no change, the number of offshore rigs in the U.S. increased by one unit last week, according to Baker Hughes.
With the support of several European Union-funded research projects, the French wave energy start-up Seaturns has made significant advancements in the development of its wave energy technology, brining it only one step short of demonstration in real sea environment.
Prysmian Group has officially signed the contract with Turkish utility TEIAS for the two recently announced high-voltage submarine power cable links. Earlier this month, Prysmian revealed it had secured a contract for the design, supply, installation and commissioning of two high-voltage submarine p
Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, wh
Enauta has revealed that the ANP has approved the constitution of guarantees for it to take over a 100% stake in the Atlanta field.
Swiss-based cruise line MSC Cruises held a traditional coin ceremony for its second seaside EVO class ship at Fincantieri’s shipyard in Monfalcone, Italy.
Singapore-based ship management company Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard. The deal includes four firm 70,000 tonne-class car carriers and an option for two additional ones. The companies
Seismic firm Polarcus is set to be wound down and delisted from the Oslo Stock Exchange following an order made by the Grand Court of the Cayman Islands. The court made an order on 21 June placing Polarcus into official liquidation and appointed David Griffin and Andrew Morrison of FTI Cayman and Li
U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its exposure to potential institutional investors with the listing on London Stock Exchange-owned FTSE Russell Microcap Index.
Hong Kong-based containership owner Seaspan Corporation has forward fixed contracts, extending current lease terms for 17 containerships with China’s COSCO Shipping Line.
