Prosafe is optimistic about the demand outlook for 2024 and beyond thanks to a substantial boost in tendering activity for this period.
UAE’s integrated gas processing company ADNOC Gas has signed a five-year LNG supply agreement with energy company Japan Petroleum Exploration (JAPEX). ADNOC said the agreement, valued between $450 million (AED 1.65 billion) and $550 million (AED 2 billion), builds on the long-standing bilateral rela
Following the carbon storage license award to progress the Poseidon project over the Leman fields, Perenco UK and Carbon Catalyst have secured two further CO2 storage licenses in the Southern North Sea sector of the UK Continental Shelf (UKCS). The Orion carbon capture and storage (CCS) project enco
Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, catego
Equinor has received consent from Norway’s regulator to use one of Odfjell Drilling’s rigs for drilling ops in the Norwegian Sea.
A second of two FPSOs that are part of Petrobras’ revitalisation project in the Campos Basin offshore Brazil has started production.
Stolt Tankers has welcomed into the fleet Bochem Houston, the first of six newbuilds hired from Belgian shipowner Compagnie Maritime Belge (CMB). The 26,000 dwt ship has joined the company’s Stolt Tanker Joint Service, bringing the number of ships in its deep-sea fleet to 84. The IMO Tier III tanker
Fugro’s Blue Essence uncrewed surface vessel (USV) has completed its first project in Denmark, with operations being controlled remotely from the UK. Fugro reported that its 12-meter Blue Essence USV had completed the data acquisition of a cable route survey in the North Sea for Denmark’s Energy Isl
The Board of Directors at North Ammonia, a Norwegian green energy provider, has appointed new Chief Executive Officer (CEO). As disclosed, the new CEO is Mikkel Tørud who comes from the Oslo stock exchange listed renewable energy Scates ASA where he held several management positions, the most recent
Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems. According to the partners, meeting global net-zero targets requires a dual strategy where eff
EP Petroecuador is inviting investors to participate in a tender process for an offshore natural gas field located in the Gulf of Guayaquil.
NKT has set a record for its high-voltage order backlog in the second quarter of 2023, standing at €7.6 billion, an increase from €7 billion that was reported at the end of Q1 2023. Around 8% of the high-voltage order backlog is expected to be executed in the second half of 2023 and the remaining [&
British luxury cruise line Cunard, part of Carnival Corporation, has enabled its entire fleet to connect to shore power. Namely, the company’s Queen Elizabeth cruise ship has been fitted with shore power capabilities and now all three Cunard ships – Queen Mary 2, Queen Victoria, and Queen Elizabeth
Dyna-Mac is teaming up with two firms to pursue CCS projects and enable more flexibility in addressing spikes in FPSO module fabrication demand.
