Taiwanese container shipping company Wan Hai Lines has placed an order for the construction of four 13,000 TEU containerships at South Korean shipbuilder Samsung Heavy Industries. The four boxships are slated to start delivery in the second quarter of 2023. Samsung confirmed the deal on the stock ex
OKEA, Petoro, and Neptune Energy Norge have made the decision to develop the Hasselmus gas discovery as a subsea tie-back to Draugen.
Energy services group Three60 Energy has made a series of senior appointments, hiring leading people from a who’s who of energy or energy services companies.
The Finnish government has submitted its National Recovery Plan to the European Commission, allocating € 318.7 million to support clean energy and energy infrastructure developments, including a 6 GW offshore wind farm that will incorporate a Power-to-X solution. Finland plans to support offshore wi
Malaysian rig owner Velesto Energy is progressing on the insurance claims and it has issued a notice of abandonment for its NAGA 7 rig, which tilted and submerged off Malaysia in May 2021. On 3 May 2021, an incident involving Velesto NAGA 7 drilling rig occurred due to the penetration of one of its
China Development Bank (CDB) Financial Leasing is splashing $140 million on the purchase of eleven bulk carriers from an undisclosed ship owner based in the Marshall Islands. The purchase is being carried out through the company’s wholly-owned subsidiary in Hong Kong, which is principally engaged in
Australian company Wave Swell Energy (WSE) has launched the Bluefire project, a comprehensive enhancement programme dedicated to refining its wave energy technology, and developing and implementing additional benefits for both the wave energy sector and the environment as a whole.
Heerema Marine Contractors’ DCV Balder has completed the offshore removal of the Morpeth tension leg platform on behalf of Eni.
Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.
ZeroLab, Torvald Klaveness’ subsidiary dedicated to the decarbonization of seaborne supply chains, has partnered with Dutch company GoodShipping, to offer all charterers the opportunity to compensate for their shipping-related emissions through insetting.
Australia’s FAR Limited is on track to complete the sale of its interest in the RSSD project, which contains the Sangomar field, to Woodside.
ESB and dCarbonX have signed a memorandum of understanding for the joint assessment and development of Irish offshore green hydrogen subsurface storage.
Oilfield services provider Archer has received approval from a competition regulator in Norway for the acquisition of DeepWell.
The Dutch Energy from Water Association (EWA), an industry group promoting renewable energy generation from water in the Netherlands, has announced the appointment of a new board.
