UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with ENN LNG, a wholly-owned subsidiary of ENN Natural Gas, for the delivery of at least 1 million metric tons per annum (mmtpa) of LNG primarily sourced from its low-carbon Ruwais LNG project, currently under dev
Ocean transportation solutions provider Höegh Autoliners and Swiss energy company VARO have formed a strategic partnership focused on the use of biofuels to advance the decarbonization of the maritime sector. The collaboration will see VARO supply Höegh Autoliners with 100% advanced biofuels for dee
Aker BP has restored production at a field located in the central part of the North Sea, close to the British sector.
While Yemen’s Huthis intensify their attacks on vessels in the Red Sea, multiple nations bond together to tackle these security concerns.
A consortium led by Harim Group, the parent company of bulker operator Pan Ocean, has secured its position as the preferred bidder for the acquisition of South Korean shipping company HMM, Harim confirmed earlier today in a regulatory filing. The consortium, comprising Harim and its private equity p
Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea. Under the terms of the two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and ligh
South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.
The European Investment Bank (EIB) has confirmed an additional German contribution to the Green Hydrogen Fund, enabling the fund to broaden its scope and supporting the international ramp-up of the hydrogen economy. The Green Hydrogen Fund, established in 2021 and implemented by EIB, will now provid
Noble Corporation has won a contract extension for one of its jack-up rigs with Harbour Energy for operations in the UK part of the North Sea.
Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. The reflagging of the Ramform Tethys on December 5 marked the completion of the initiative to bring the entire PGS fleet of owned vessel
Abu Dhabi-headquartered energy company Mubadala Energy has made a significant gas discovery offshore North Sumatra, Indonesia.
MODEC and Terra Drone Corporation received the world’s first approval from ABS for a drone-based FPSO hull thickness measurement.
Almost two months after the delivery of subsea equipment for Woodside Energy in the Gulf of Mexico, Texas-based oil and gas services company Trendsetter Engineering has begun work on another Woodside project. Trendsetter Engineering (TEI) has won a contract with Woodside Energy to provide several su
Australia-based green energy, technology, and metals company Fortescue has been awarded a grant of €203,7 million by the European Union for its flagship green ammonia plant in Norway, the Holmaneset Project. The EU investment in Fortescue’s project is part of the Innovation Fund, one of the world’s
