Australia’s Karoon Energy has engaged in negotiations to take possession of a floating production, storage, and offloading (FPSO) vessel working on its project off the coast of Brazil with the FPSO’s current owner and operator, Altera & Ocyan (A&O).
Staatsolie is taking action to secure the money required to cover its part of the development costs for the first-ever offshore oil field in Suriname, which is operated by TotalEnergies.
Norwegian vessel owner DOF Group has received more work in the Asia-Pacific (APAC) region set to be performed this year, adding to a number of recently announced awards. The diving support vessel (DSV) Skandi Singapore will execute the first subsea service contract with related saturation diving ser
Baker Hughes has received a new order to deploy its integrated digital production optimization solution for offshore operations in Nigeria, which marks the first adoption of its system in Sub-Saharan Africa.
Swedish marine technology company Alfa Laval has signed an agreement to acquire NRG Marine, the UK-based provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications.
Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d
German shipping giant Hapag-Lloyd has revealed long-term financing totaling $4 billion for the 24 liquefied natural gas (LNG) dual-fuel boxships that the company booked in October 2024 at two Chinese shipyards. As explained, the green financing comprises four elements. The German container shipping
Noble Corporation has outlined plans to permanently put out of drilling work two cold-stacked drillships, as part of its cost and fleet optimization quest.
Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.
Gaztransport & Technigaz (GTT) has expanded its workload with a new tank design assignment for a liquefied natural gas (LNG) carrier, thanks to a deal with South Korea’s Samsung Heavy Industries (SHI).
Norwegian government enterprise Enova has picked 15 projects investigating investments in ammonia bunkering facilities along the Norwegian coast to receive pre-project support.
The Welsh Government has invested £8 million (around $9,9 million) as an equity stake in the Morlais tidal energy project, set to be the largest tidal scheme in Europe, to support its expansion and strengthen grid connections. Menter Môn, the social enterprise behind Morlais, is developing the site
Norway’s technology firm Kystdesign has signed a contract with the Royal Netherlands Institute for Sea Research (NIOZ) for the construction of an advanced remotely operated vehicle (ROV) that will serve the Dutch marine research community. According to Kystdesign, the Supporter 6000 ROV is designed
ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been hired to support Saipem, an Italian engineering, drilling, and construction services giant, with the development of a natural gas project off the coast of Libya, North Africa.
