Axess Group has signed a long-term frame agreement with the provider of offshore accommodation vessels Floatel International aimed at delivering cost savings and reducing carbon footprint in the latter’s operations.
After news that TechnipFMC had secured a $1 billion contract for the project, Saipem has reported a $1.9 billion win for TotalEnergies’ GranMorgu oil development offshore Suriname. Saipem has secured an engineering, procurement, construction, and installation (EPCI) contract by TotalEnergies EP Suri
A groundbreaking ceremony for the semi-submersible floating production unit (FPU) South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) is building for Australia’s energy giant Woodside has been held at the former’s yard in Ulsan, South Korea.
The U.S. White House and the National Oceanic and Atmospheric Administration (NOAA) have released a national strategy for marine carbon dioxide removal (mCDR) research, which outlines how research could be safely and effectively accelerated, helping determine if emerging approaches are viable climat
TotalEnergies has put the Netherlands-based SBM Offshore and the French engineering player Technip Energies in charge of a floating production, storage, and offloading (FPSO) for its new oil development project in Block 58 off the coast of Suriname.
UK-headquartered energy technology provider TechnipFMC has secured a contract it describes as major for an oil project offshore Suriname for which France’s TotalEnergies recently reached the final investment decision (FID). TechnipFMC has been awarded an integrated engineering, procurement, construc
The Government of Canada has invested up to $25.2 million for four projects, funded under the Green Shipping Corridor Program, to support both shore power and alternative fuel solutions in the maritime sector.
Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider climate plan will limit pollution, drive innovation, and create jobs. However, those
McDermott has lined up its next multimillion-dollar decommissioning assignment off the coast of Australia, which is said to represent the firm’s largest secured project of this kind.
SBM Offshore is making progress in bringing to life a floating production, storage, and offloading (FPSO) vessel, which will work on U.S.-based ExxonMobil’s sixth deepwater oil development on the Stabroek block off the coast of Guyana.
Norway-based energy data and intelligence company TGS has secured its first 3D streamer contract for the 2025 summer season, set to be performed in Northwest Europe. According to TGS CEO Kristian Johansen, the company is experiencing higher bidding activity for this region compared to recent years,
McDermott has completed an offshore segment of its scope of work on a project, encompassing multiple gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.
Ross Offshore, part of ABL Group’s AGR, has performed the first geotechnical project with Ross Eagle, following the completion of the first phase of upgrades on the vessel that was built as a platform supply vessel (PSV). Owned by Eagle Offshore Bømlo, the 2003-built Ross Eagle was constructed at Br
UK-based tidal energy company Proteus Marine Renewables (PMR) has met its funding target on the Crowdcube platform, securing new capital to advance its tidal energy projects worldwide. In September, PMR launched its Crowdcube campaign as part of a broader commercialization strategy for its tidal ene
