Saltchuk Resources, a Seattle-based family of companies, has completed its acquisition of Florida-based tanker shipowning and operating company Overseas Shipholding Group (OSG).
China’s CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement and construction (EPC) contracts with Singapore-headquartered Seatrium to deliver the hulls for two floating production, storage, and offloading (FPSO) vessels destined for Brazil’s national oil company Petrobras.
Italian energy giant Eni has given more work to energy and marine consultancy ABL for the first natural gas liquefaction project in Congo, with the Norwegian company set to provide marine warranty survey services (MWS) for the second phase of the project. The Congo LNG project, designed to exploit t
Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has closed its seed funding round, raising €2.4 million.
Australia’s energy giant Woodside has signed a sale and purchase agreement (SPA) with Taiwanese CPC Corporation to deliver LNG to Taiwan.
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian Offshore Directorate (NOD) to drill a wellbore in the Norwegian Sea using an Odfjell Drilling rig. The NOD has granted Equinor a drilling permit for wellbore 6610/7-3 in production license 1014, which was awarded on
Aker BP has installed the first 5 of the 9 subsea templates built by Marketex Offshore Constructions (MOC) for its “major” North Sea project.
Switzerland-headquartered energy company MET Group has signed a long-term agreement with energy giant Shell for the supply of liquefied natural gas (LNG) sourced from the U.S. to its European customers. MET Group reported it had entered into a ten-year free-on-board (FOB) LNG purchase agreement with
To further boost its hydrogen investment plans, Enagás has reached an agreement to sell its 30.2% shareholding in Tallgrass Energy to Blackstone Infrastructure Partners for $1,100 million (€1,018 million).
Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on
Malaysia’s independent gas producer and operator SapuraOMV Upstream, soon-to-be completely owned by French energy giant TotalEnergies, has begun gas production from its Jerun field offshore Sarawak. Discovered in 2015 and having reached a final investment decision (FID) in March 2021, the Jerun plat
Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.
South Korea-based offshore wind cable manufacturer, LS Cable & System, has decided to build a manufacturing facility for high-voltage direct current (HVDC) subsea cables in Virginia, which the company says will be the largest factory of this kind in the United States. The factory will be built on a
Greece’s Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has secured a contract it deems as significant with Woodside Energy to deliver pipes for a deepwater oil project offshore Mexico. Under the contract, Corinth Pipeworks will manufacture and supply approximately 118 kilometers of
