Seatools has completed factory acceptance tests (FAT) for what it describes as a highly innovative fall pipe remotely operated vehicle (ROV) developed for DEME Group. The ROV will be deployed on DEME’s upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first hal
Pacific Basin Shipping Limited, a Hong Kong-listed player in dry bulk shipping, has concluded its $150 million sustainability-linked 3-year senior unsecured committed revolving credit facility. This signifies Pacific Basin’s first foray into sustainability-linked loan facilities, the company said, a
Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before.
Australian energy giant Woodside has signed an agreement with Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, to purchase 1.3 million tonnes per annum (mtpa) of LNG for 20 years. Under the agreement, Woodside will purchase the LNG from the Saguaro Energia LNG projec
Enauta has brought back on stream another well at a field offshore Brazil while a third well is anticipated to return to production in the next 30 days.
Helix Energy Solutions has confirmed the arrival of its DP3 semi-submersible vessel to Victoria’s second largest port, GeelongPort.
The Joint Expeditionary Force (JEF) has embarked on an exercise in the Baltic Sea region to protect subsea infrastructure.
Shell is engaged in a rig selection and contracting process for a two-well drilling campaign in 2024 while site survey works associated with this exploration program in the North Sea are still ongoing.
A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Danish renewable energy developer Floating Power Plant has just signed a €26 million grant agreement with the European Commission’s Innovation Fund for the Seaworthy project, which integrates floating wind, wave energy, and hydrogen production.
KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned offshore platform, which will be used for the injection of CO2, as part of the first large-scale Dutch carbon capture and storage (CCS) project.
Wagenborg Foxdrill has finished with an offshore lifting project, which entailed derrick removal for Perenco’s platform repurposing project.
India’s renewable energy company ReNew Energy Global has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects, including green hydrogen. Specifically, the MoU, signed at COP28, identifies potential invest
