Sweden-headquartered Subseatec, owned by Scana, has secured a frame agreement with an undisclosed client under which it will deliver steel parts for subsea production systems for a period of three years. As part of the frame agreement that will begin in Q1 2025, Subseatec will be the exclusive globa
Karoon Energy is expected to make up its mind around April 2025 about moving forward with the next stage of development, which represents the entry into front-end engineering design (FEED), for an oil field discovery in the Santos Basin off the coast of Brazil.
Chevron has strengthened its presence in Namibia’s offshore oil and gas plays by getting its hands on a new license, which enables it to assume the mantle of operator at two blocks in the African country.
CNOOC has tucked another milestone under its belt by switching the production mode on at an oilfield project in Bohai Bay, which is expected to boost its oil arsenal while taking advantage of carbon capture, utilization, and storage (CCUS) to enable low-carbon barrels and development in the region.
Holland Shipyard Group has delivered a cable recovery vessel to compatriot shipping company Hudig & Veder which will be chartered to retrieve and recycle subsea cables. The cable recovery vessel Maasvliet is the first of five CIP3800 vessels that will be delivered for Hudig & Veder, with the first t
China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
Australia’s NH3 Clean Energy, formerly Hexagon Energy Materials, has completed the engineering component of its preliminary front-end engineering and design (pre-FEED) work for its flagship WAH2 clean ammonia project.
The Halifax Port Authority has been awarded funding of up to C$22.5 million (about $15.7 million) from Transport Canada to accelerate the development of the Halifax-Hamburg green shipping corridor and prepare the port for the fuels and energy sources of the future.
After discovering more black gold resources in Namibia’s Orange Basin, TotalEnergies has moved to the next well on its drilling agenda in the African country.
Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract for the burial of inter-array cables at the Hornsea 3 offshore wind farm site in the UK. The contract is expected to last over 300 days and is scheduled to commence in the third quarter of 2026.
U.S. hydrogen solutions company Plug Power has introduced what it claims is the industry’s ‘first-ever’ spot pricing program for liquid green hydrogen.
U.S. offshore drilling contractor Noble Corporation has landed a new drilling assignment in the Americas with Shell, a UK-headquartered energy giant.
Prysmian’s new cable laying vessel (CLV) Monna Lisa has joined the fleet of the Italian cabling giant, following the completion of its sea trials. The keel-laying ceremony for the CLV, a sister vessel to Leonardo da Vinci, was held in Tulcea, Romania, in April 2023 to mark the start of construction,
The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.
