Borr Drilling, an offshore drilling player, has secured a batch of deals for four jack-up rigs in the Middle East, Southeast Asia, and North America.
Swiss container shipping giant MSC is set to invest over $1.2 billion in fleet expansion with a new order for up to six LNG dual-fuel containerships at a Chinese shipyard.
Norway’s VARD has completed an upgrade and maintenance project on the 17-year-old Island Wellserver multi-purpose vessel owned by Island Offshore. Delivered in 2008, the 116-meter-long Island Wellserver is capable of performing light well intervention and associated services, construction and subsea
Wärtsilä has landed a multi-year deal to provide enhanced operational support for two liquefied natural gas (LNG) carriers (LNGC) with Athens-based LNG management company, Alpha Gas.
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.
DNO has got its hands on an offtake agreement with France’s ENGIE for its Norwegian gas production and a related offtake financing facility with a U.S. bank.
An energy subsea construction vessel (ESCV) being built in Vietnam for Norwegian shipping company Rem Offshore has hit the water one month ahead of schedule. Once delivered next year, the vessel will perform heavy construction work in offshore wind and subsea arenas with net-zero emissions. Followin
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has placed a bond for a floating, production, storage, and offloading (FPSO) unit working at an oil field in the pre-salt Campos Basin offshore Brazil.
Innovex International, a Houston-based provider of products and technologies to the oil & gas industry, established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has completed the divestment of its Subsea Tree product line to compatriot Trendsetter Engineering in an all-cash tra
Velesto Drilling, a subsidiary of Velesto Energy, has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Malaysia, Southeast Asia.
In response to an increasing need for safeguarding critical maritime infrastructure due to ongoing geopolitical uncertainty and an increasingly dynamic risk picture, Norway’s KONGSBERG has opened a maritime test bed for protecting potentially vulnerable infrastructure such as subsea pipelines, power
PowerCell has signed a SEK 44 million (around $4.626 million) agreement with an undisclosed Italian marine OEM for the development and delivery of a new MS-500 marine fuel cell system.
InfraVia, a France-based private equity company, has completed the acquisition of an 80% majority stake in compatriot maritime company Louis Dreyfus Armateurs (LDA).
Norwegian government enterprise Enova has awarded approximately NOK 763 million ($75.5 million) to projects developing hydrogen- and ammonia-powered vessels in the latest round of investments in emission-free shipping.
